MEMS Microdisplay Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028


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MEMS Microdisplay Market: Overview

The growth dynamics in the global MEMS microdisplay market has been transforming. The high demand for projectors, cameras/EVFs, and HUDs across the world has been boosting this market significantly. The augmenting usage of AR glasses in the industrial sector to provide on-the-job training to laborers and field workers has fuelled the demand for HMDs, which is likely to support the global MEMS microdisplay market in the years to come.

Projectors and cameras report a comparatively higher demand for MEMS microdisplays than other various other end-products.

  • Key players like Sony and Epson are actively producing projectors and cameras, which is reflecting in the increased demand for MEMS microdisplays from these product segments.
  • On the flip side, the saturation in the shipment scenario of projectors and cameras may lead to a slowdown in this demand over the next few years.
  • Nonetheless, the deployment of MEMS microdisplays is on a positive trend in HMDs and HUDs, which indicate the dominance of these product categories over the global MEMS microdisplay market in the near future.
  • The global MEMS microdisplay market is witnessing intense competition among key players. They are majorly relying on advancements and innovation to gain an edge over their competitors.
  • At the Augmented World Expo (AWE) EU AND conference in Munich, Germany, Fraunhofer Institute FEP displayed a VR headset, with an overall resolution of 4800x1920 pixels, high frame rates, and a broad field of view (FOV) for an excellent VR immersion. This VR headset was developed during the LOMID project.

MEMS (Microelectromechanical Systems) microdisplays are high-resolution screens used in magnified display systems. They are used in combination with augmenting optics because of their size. Microdisplays are used in two simple applications such as projection and near-to-eye display. OLED displays are in huge demand in microdisplay market due to their benefits and additional features in addition to overtaking LCD and LCoS display technologies. The launch of wearable devices, head-up displays (HUDs), smart glasses, and head-mounted displays (HMDs) has created demand for the microdisplay market.

Presently, there is a rise in demand for microdisplays in near-to-eye application devices such as HMDs, camcorder viewfinders, video phones and digital camera viewfinders. Innovative applications of MEMS microdisplay technology is widely used in areas such as military & defense, aerospace, medical, and industrial purposes which have enhanced the market for microdisplays. The increased penetration of augmented reality (AR) devices is expected to boost the demand for MEMS microdisplay in display market

MEMS Microdisplay Market: Market Dynamics

Increased use of microdisplays in various industries such as military and aerospace and existence of many players has created high demand in MEMS microdisplay market

Lack of acceptance of MEMS microdisplay products due to shorter shelf life of LCoS is a restraining factor for MEMS microdisplay market

Growing number of near-to-eye applications is the latest trend in the MEMS microdisplay market

Global MEMS Microdisplay Market: Market Segmentation

Segmentation Overview

MEMS Microdisplay market segmented by application, material, display technologies, and region.

Segmentation by application in MEMS Microdisplay market:

  • Near-to-Eye

  • Projection

Segmentation by material in MEMS Microdisplay market:

  • Chemicals & gases

  • Photomasks

  • Glass wafers

  • SOI wafers

  • Si Wafers

Segmentation by display technologies in MEMS Microdisplay market:

  • OLED (Organic Light Emitting Diode)

  • LCD (Liquid Crystal Display)

  • LCoS (Liquid Crystal on Silicon)

  • DLP (Digital Light Processing)

  • MEMS (Microelectromechanical Systems)

Global MEMS Microdisplay Market: Competition Landscape

Few prominent players in MEMS Microdisplay market includeTexas Instruments, Iron City Micro Display, MicroVision Inc, Cardiocomm Solutions, Casio America, Inc., Cellnovo Limited, Covidien plc, EM Microelectronic-Marin SA, Jawbone Inc. and STMicroelectronics N.V. etc.

MEMS Microdisplay Market: Regional Outlook

North America is projected to hold the largest share in the MEMS Microdisplay market and is estimated to be in the leading position owing to the continuous advancement in MEMS-based DMDs (digital micromirror device) that is creating opportunities to integrate projection-based display technology across various applications. Europe and Asia Pacific are estimated to contribute significantly over the forecast period.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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