According to the latest report by IMARC Group, titled “Asia Pacific Microdisplay Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Asia Pacific microdisplay market size is currently witnessing robust growth. Looking forward, the market is expected to continue its robust growth during 2021-2026. Microdisplays refer to a small-sized screen with a diagonal size of less than two inches. They are commonly found in two variants, including transmissive and reflective displays. The transmissive microdisplays enable the light to pass via the display without reflection, whereas in reflective microdisplays, the image is formed when the light is diverted into the projection path. As a result, they are widely utilized in rear-projection TVs and backlit laptop computer screens to create large images from lightweight and small units.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The expanding product applications across several industries, such as military and defense, consumer electronics, healthcare, etc., owing to its high resolution, excellent picture quality, low power consumption, compact size, etc., are primarily driving the Asia Pacific microdisplay market. Additionally, the increasing utilization of microdisplay as a viewfinder in digital cameras, head-up displays (HUDs), data projectors, etc., is further catalyzing the market growth. Besides this, the escalating demand for lightweight and compact VR glasses that are made using large-area microdisplays is acting as another significant growth-inducing factor. Additionally, the inflating need for improving the flexibility in defense-related operations is propelling the adoption of electronic systems, such as head-mounted displays (HMDs), for effective and real-time information gathering. This, in turn, is also positively influencing the regional market. Furthermore, the introduction of numerous advanced technologies, including optical waveguides and MEMS-based laser scanning, is anticipated to fuel the Asia Pacific microdisplay market over the forecasted period.
Key Market Segmentation:
Breakup by Product:
- Near-To-Eye (NTE) Devices
- Head-Up Display (HUD)
Breakup by Technology:
- Liquid Crystal Display (LCD)
- Liquid Crystal on Silicon (LCOS)
- Organic Light-Emitting Diode (OLED)
- Digital Light Processing (DLP)
Breakup by Resolution:
- Lower Than HD
- Higher Than FHD
Breakup by Brightness:
- Less Than 500 Nits
- 500–1,000 Nits
- More Than 1,000 Nits
Breakup by End User:
- Industrial and Enterprise
- Military, Defense, and Aerospace
- Sports and Entertainment
- Retail and Hospitality
Breakup by Country:
- South Korea
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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