“Microdisplay Market To 2022 - Global Analysis And Forecasts By Technology (LCD, LCoS, DLP And OLED) Application (Near-to-Eye And Projection) And Industry Vertical (Military & Defense, Automotive, Healthcare, Consumer Electronics, Law Enforcement And Other”.
Microdisplay Market to 2022 - Global Analysis and Forecasts by Technology (LCD, LCoS, DLP and OLED) Application (Near-to-Eye and Projection) and Industry Vertical (Military & Defense, Automotive, Healthcare, Consumer Electronics, Law Enforcement and Others)
Microdisplay market is expected to grow US$ 8942.3 million by 2022 from US$ 845.3 million in 2017. The sales of micro displays are largely influenced by numerous economic and non-economic factors.
The sales pattern for micro displays has faced similar ups and downs as the global economy. Therefore, the global economy plays a key role in the development of micro display market.
Amongst the non-economic factors, application markets influence their sales. Healthcare, military & defense, automobile and consumer electronics sectors are the application markets for micro display.
The automobile and industrial sectors are expected to have a large impact on the growth of micro displays market. for the consumer electronics industry, entertainment vertical is expected to witness high usage of AR VR devices and other HMDs where micro displays are required.
Microdisplay market by end-user vertical is segmented into Military & Defense, automotive, consumer electronics, healthcare, law enforcement and others. Miniaturization of consumer electronics has been followed since last 2 or 3 decades.
In a constant effort to make the consumer electronic portable, handy and usable by for a customer, manufacturers have been looking for solutions that would reduce device sizes and consume less power. Thus, a progress in the direction of smaller feature sizes is expected to drive the micro display market.
The overall market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market.
primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Microdisplay industry.
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