MEMS Microdisplay Market

MEMS Microdisplay Market: Global Industry Analysis 2012 – 2016
and Opportunity Assessment; 2017 – 2027
January 2018
Report Id : REP-GB-5014
Status : Ongoing
Category : Electronics,
Semiconductors, and ICT
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MEMS Microdisplay Market
MEMS (Microelectromechanical Systems) microdisplays are high-resolution screens
used in magnified display systems. They are used in combination with augmenting
optics because of their size. Microdisplays are used in two simple applications such
as projection and near-to-eye display. OLED displays are in huge demand in
microdisplay market due to their benefits and additional features in addition to
overtaking LCD and LCoS display technologies. The launch of wearable devices,
head-up displays (HUDs), smart glasses, and head-mounted displays (HMDs) has
created demand for the microdisplay market.
Presently, there is a rise in demand for microdisplays in near-to-eye application
devices such as HMDs, camcorder viewfinders, video phones and digital camera
viewfinders. Innovative applications of MEMS microdisplay technology is widely used
in areas such as military & defense, aerospace, medical, and industrial purposes
which have enhanced the market for microdisplays. The increased penetration of
augmented reality (AR) devices is expected to boost the demand for MEMS
microdisplay in display market
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MEMS Microdisplay Market
MEMS Microdisplay Market: Market Dynamics
Increased use of microdisplays in various industries such as military and aerospace
and existence of many players has created high demand in MEMS microdisplay
market
Lack of acceptance of MEMS microdisplay products due to shorter shelf life of LCoS is
a restraining factor for MEMS microdisplay market
Growing number of near-to-eye applications is the latest trend in the MEMS
microdisplay market
5
MEMS Microdisplay Market
Global MEMS Microdisplay Market: Competition Landscape
Few prominent players in MEMS Microdisplay market includeTexas Instruments, Iron
City Micro Display, MicroVision Inc, Cardiocomm Solutions, Casio America, Inc.,
Cellnovo Limited, Covidien plc, EM Microelectronic-Marin SA, Jawbone Inc. and
STMicroelectronics N.V. etc.
MEMS Microdisplay Market: Regional Outlook
North America is projected to hold the largest share in the MEMS Microdisplay
market and is estimated to be in the leading position owing to the continuous
advancement in MEMS-based DMDs (digital micromirror device) that is creating
opportunities to integrate projection-based display technology across various
applications. Europe and Asia Pacific are estimated to contribute significantly over
the forecast period.
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