San Francisco, May 23, 2016 (GLOBE NEWSWIRE) -- The global microdisplays market is likely to experience significant growth in the near future. Increasing use of microdisplays in televisions and Smartphone’s will attribute in industry escalation. Rising use of microdisplays for automotive prototyping in automotive sector will positively affect the growth. Also, it has chief contribution in estimating the precise position of different parts.
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These displays are progressively used in Head Mounted Display, which is broadly used in medical and military industries. Rising adoption of these increased reality products will propel the market demand further. These displays are made of CMOS chips that consist of two –dimensional array of transistors. These are small sized displays with high resolution and huge number of pixels. There major applications comprise head mounted displays, view finders of digital cameras and rear-projection TVs.
They are also utilized to increase the image clarity and increase the voice in TVs, as they reduce the total cost. Hence, rising usage of these displays in rear projection TV will drive the market in the near future. Furthermore, high manufacturing costs of microdisplays will pose a key challenge in the industry penetration. High R&D and manufacturing costs associated with microdisplays may hinder the growth further. Although, several vendors are implementing technologies at lesser price to diminish the above mentioned issues.
Also, emergence of microdisplays-based holographic display will act as the key driver in market expansion. The segment will grow at a slow pace due to its non- commercialized existence in the market. Key technologies in the market are Digital Micromirror Devices, Organic Lighting Emitting Diode and on- silicon technology. Key market participants in microdisplays market consists of Kopin Corp, Liteye Systems Inc., Epson Corp, Himax Dispalys Inc., eMagin Corp., LG Dispalhy Co Ltd and AU Optronics Corp.
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Table of Content
01. Executive Summary
- List of Abbreviations
- Scope of the Report
03.1 Market Overview
03.2 Product Offerings
- Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
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