Today: October 21, 2016, 10:08 pm

Global microdisplay market: 33% CAGR growth predicted between 2012-2016
Global Microdisplay Market 2012-2016 - a new market research report on 2014-04-29 03:31:01
The Global Microdisplay market is to grow at a CAGR of 32.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing adoption of augmented reality devices. The market has also been witnessing increasing number of near-to-eye applications. However, the lack of acceptance of microdisplay-based products could pose a challenge to the growth of this market.

The Global Microdisplay market is currently witnessing an increase in the number of near-to-eye application devices such as camcorder viewfinders, digital camera viewfinders, video phones, and HMDs. As these devices are integrated with microdisplays, the increase in their demand fosters the demand for microdisplays, thus driving the growth of the Global Microdisplay market. Furthermore, the demand for near-to-eye application devices stems majorly from the Consumer Electronics sector and the Military and Defense sector. Since these sectors are among the high-growth sectors, the Global Microdisplay market will have higher growth prospects during the forecast period.

The most important of the drivers in this market is the increased adoption of augmented reality products. Augmented reality products such as HMDs and HUDs use microdisplays extensively in their projection units. Thus, the increased adoption of these augmented reality products is expected to foster the demand for microdisplays.

One of the key challenges is the lack of acceptance of microdisplay-based products. As a result of the high cost and delayed launch of microdisplay-based products in the market, the adoption of such products are low among consumers. Moreover, some of the microdisplay-based devices are yet to be commercialized therefore, hindering the growth of the Global Microdisplay market.

The key vendors dominating this market space include AU Optronics Corp, eMagin Corp., Kopin Corp., and Universal Display Corp. The other vendors mentioned in this report are Hana Microdisplay Technologies Inc., Himax Display Inc., Innovega Inc., LG Display Co. Ltd., Liteye Systems Inc., MicroOLED, Microvision Inc., Syndiant Inc., WiseChip Semiconductor Inc., and Sony Mobile Display Corp.

Click for report details: ..

Browse all Information Technology Market Research Reports ..

Browse all Information Technology Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 523 Words
Related Articles
More From Finance
P2P lending platform Monexo partners with IDBI-Trusteeship [..]
For Immediate Release: 2nd September 2016 MUKESH BUBNA, CEO Monexo Fintech Pvt Limited P2P [..]
Day Trade to Win New September Class [..]
Sold Out? New Class Added – On September 6, 2016, is launching a brand new eight-week trading boot camp [..]
FTM (Forget The Market) Reopens 3 Shares [..]
Port Vila, Vanuatu, 28th July 2016 - Investment firm FTM today announced the reopening of three separate share options, projected [..]
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.