OLED Micro display Market Synopsis:
In the current display market, OLED is an advanced display technology that is rapidly replacing the exisitng LED and LCD technologies for various consumer devices such as TVs, smartphone, and others. Further, the OLED microdisplays technology prove beneficial than the other LEDs. The factors responsible for the growth of OLED microdisplay market is the growing demand of energy-efficient display panels for small devices such as smartphones, smartwatches, and other devices. The OLED technology is far superior than the LED and LCD technology due to low power consumption. These microdisplays are used in head-mounted displays, head-up display, projectors, and near-to-eye devices. On the other hand, the manufacturing of microdisplays require certain standards for manufacturing to be compatibe with different devices.
Various key players such as Sony Corporation, LG Display, others are highly investing in research & development activities to manufacture cost-efficitive OLED microdisplay solutions for various end-users and industries. OLED microdisplay technology has a high potential to provide highly effective and bright visuals, that make it suitable to use in handheld devices. The OLED microdisplay market observes a high growth opportunity in automotive head-up displays used for navigation and driver assistance.
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OLED Microdisplay Market Key Players:
The key players in the OLED microdisplay market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are— Sony Corporation (Japan), LG Display Co., Ltd. (South Korea), Samsung Electronics Co., Ltd (South Korea), OSRAM Licht AG (Germany), Dresden Microdisplay GmbH (Germany), Kopin Corporation (US), Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd (China), Himax Technologies, Inc. (Taiwan), Holoeye Photonics AG (Germany), Seiko Epson Corporation (Japan), Silicon Micro Display Inc. (US), eMagin Corporation (US), OmniVision Technologies Inc. (US), MicroVision Inc. (US), and WINSTAR Display Co., Ltd (Taiwan). These players contribute a major proportion towards market growth.
Apart from the top key players, the other players contribute nearly 30–35 % in the OLED microdisplay market. These include Innovative and others. Fraunhofer Fep (Germany), Industrial Technology Research Institute (ITRI) (Taiwan), Cea-Leti (France), JBD Inc. (US), Vuereal (Canada), Jasper Display Corp. (US), Texas Instruments Inc. (US) among others.
OLED Microdisplay Market Segmentation:
The global OLED microdisplay market is segmented into product, resolution, vertical, and region.
By product, the market is segmented into near-to-eye devices, head mounted displays, head-up display, and others.
By resolution, the market is segmented into HD, full HD and others.
By vertical, the market is segmented into automotive, consumer electronics, media, entertainment & sports, retail, aviation, aerospace & defense, education, and others.
By region, the OLED microdisplay market is segmented into North America, Europe, Asia-Pacific, and rest of the world.
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OLED Microdisplay Market Regional analysis:
The global market for OLED microdisplay is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of OLED microdisplay market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).
Among the regions mentioned, Asia-Pacific is the dominating region in terms of revenue generation and is also expected to be the fastest growing market during the forecast period. This growth is owing to the presence of major display device manufacturers. Further, due to increased adoption of smartphones and smartwatches, the demand of microdisplay with OLED technology is increasing. This subjects to the investment in research & development in display technology by major market vendors. Moreover, North America region is also growing with the second highest growth rate. Countries such as the US and Canada are heavily investing in smart homes and smart city initiatives which is increasing the demand of microdisplay to be used in commercial spaces.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure
3 Research Methodology
LIST OF TABLES
Table 1 Global OLED Microdisplay Market, By Product, 2018–2023
Table 2 Global OLED Microdisplay Market, By Resolution, 2018–2023
Table 3 Global OLED Microdisplay Market, By Vertical, 2018–2023
LIST OF FIGURES
FIGURE 1 Global OLED Microdisplay Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global OLED Microdisplay Market
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