OLED Microdisplay Market Size 2020 Emerging Trends, Industry Share, Future Demands, Market Potential, Traders, Regional Overview and SWOT Analysis till 2027

The Global OLED Microdisplay Market is projected to reach a value of over USD 4.85 billion by 2027 at a CAGR of around 24.5%.

Organic light emitting diode (OLED) are solid state devices consisting of thin film of organic molecules that generate light with the use of electricity. OLEDs can provide crisper and brighter display on electronic display as compared with liquid crystal display (LCD) and light emitting diode (LED). OLED microdisplay comprises of image creating pixel modulation, which have a light source and image in a single device. As compared to other types, OLED microdisplay are mainly used for near-to-eye device applications. Few key players cater in OLED microdisplay market are Sony Corporation, Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd., eMagin Inc., and Kopin Corporation among others.

OLED Microdisplay Market: Drivers & Opportunities

Market Driver:

Increasing Adoption of AR and VR Headsets

AR and VR technologies are getting ready to fulfill the daily demand of end-users and try to bridge the gap between real and artificial worlds. Virtual reality and augmented reality are the key fields of communication technology and new generation information which contains huge industry potential, large application space, and wide technological support. Increasing adoption of online gaming, need for high definition videos are expected to grow the AR VR headsets market which is expected to boost the OLED Microdisplay market during the forecast period. Enhancement in artificial intelligence technology and need in education field for teaching & training, are expected to increase the market during upcoming years.

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Increasing Investment by Global Players

In current display technology market, OLED displays are rapidly replacing the existing LED and LCD technologies. This technology is more superior than LED and LCD technology due to low power consumption and good light intensity. Hence, global players are increasing their investment in OLED microdisplay for design and development of microdisplays to manufacture consumer head mounted displays devices. In 2019, Apple Inc., LG Display, and Valve are investing USD 10.6 million in OLED Microdisplay technology to own a piece from eMagin.

Market Opportunities:

Growing Demand for Head-Up-Display in Automotive Industry

OLED is a new display and lighting technology which is used for creating thin, bright, and efficient lighting panels and displays. Head-up display is mainly used in automotive industry to identify and show the distance between the car, speed of the car, notify lane markings, and GPS and navigation purposes. Moreover, the head-up displays provide additional information about real world on the projected display. In this, OLED microdisplay is used for providing vivid and unbreakable lighting display panels. Hence, demand for head-up displays will increase and it will gradually increase the OLED microdisplay market during forecast period.

OLED Microdisplay Market: Key Segments

Based on product type: Head-Mounted Display, Head-Up Display, Near-to-Eye Devices, and Others
Based on resolution: High Definition (HD), Full-High Definition (FHD), and Others
Based on end user: Automotive, Consumer Electronics, Sports, Media & Entertainment, Aerospace & Defense, Education, and Others
Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

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OLED Microdisplay Market: Report Scope

The report on the OLED microdisplay market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

KEY Companies Covered

Sony Corporation (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
MicroOLED SA
Yunnan OLiGHTEK Opto-Electronic Technology Co., Ltd.
eMagin Inc.
Kopin Corporation
WINSTAR Display Co., Ltd.
WiseChip Semiconductor Inc.
SUNLIKE DISPLAY TECH. CORP.
Fraunhofer FEP
Seiko Epson Corp.
Other Key Companies

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OLED Microdisplay Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

OLED Microdisplay Market, by Product Type

Head-Mounted Display
Head-Up Display
Near-to-Eye Devices
Others

OLED Microdisplay Market, by Resolution

High Definition (HD)
Full-High Definition (FHD)
Others

OLED Microdisplay Market, by End User

Automotive
Consumer Electronics
Sports, Media & Entertainment
Aerospace & Defense
Education
Others

OLED MICRODISPLAY Market, by Region

North America

US
Canada
Mexico

Asia-Pacific

China
India
Japan
South Korea
Taiwan
Rest of Asia-Pacific

Europe

Germany
UK
France
Italy
Rest of Europe

Middle East & Africa

Saudi Arabia
UAE
Rest of Middle East & Africa

South America

Brazil
Argentina
Rest of South America

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Table of Content

1 Introduction

2 Research Design & Scope

3 Executive Summary

4 Market Dynamics

5 Industry Trends – Porters Five Forces Analysis

6 GLOBAL OLED MICRODISPLAY MARKET BY PRODUCT TYPE, Market Size in USD Million (2019-2027)

7 GLOBAL OLED MICRODISPLAY MARKET BY RESOLUTION, Market Size in USD Million (2019-2027)

8 GLOBAL OLED MICRODISPLAY MARKET BY END USER, Market Size in USD Million (2019-2027)

9 GLOBAL OLED MICRODISPLAY MARKET BY REGION, Market Size in USD Million (2019-2027)

10 Competitive Landscape

11 Company Profiles

12 Appendix

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