OLED Microdisplay Market Size, Share Analysis and Global Forecast - 2027

by George Poter Market Analyst

IMARC Group’s latest research report, titled “OLED Microdisplay Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global OLED microdisplay market size reached US$ 156.25 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 571.31 Million by 2027, exhibiting a CAGR of 23.10% during 2022-2027.

An organic light-emitting diode (OLED) microdisplay refers to a miniaturized high-resolution display with a fast reaction time and high contrast. It improves the picture and voice quality on television. It is manufactured using organic thin films of light-emitting materials and circuits to control the individual pixels and radiates light when electricity is applied. It has a high resolution, user-configurable technology, and high pixel density that is utilized in smart bands, watches, glasses, and other smart gadgets. Some common types of OLED microdisplays are projections and near-to-eye. It finds applications across electronics, automotive, military, and healthcare sectors.

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Important Attribute and highlights of the Report:

Detailed analysis of the global market share
Market Segmentation by type, resolution, end use industry and region.
Historical, current, and projected size of the market in terms of volume and value
Latest industry trends and developments
Competitive Landscape for OLED microdisplay market
Strategies of major players and product offerings

The market is primarily driven by the increasing product utilization in the consumer electronics industry. OLED microdisplays are extensively utilized in cameras and virtual reality headsets compatible with several devices such as smartphones, PS4, and Xbox, offering an enhanced gaming experience. In line with this, the changing consumer preferences toward electronic devices and displays with a wide-view angle and better image quality are contributing to market growth.

Additionally, the introduction of high-definition and ultra-high-definition (HD/UHD) OLED microdisplays that offer high optical performance with excellent contrast ratio is providing a positive thrust to the market growth. Other factors, including the increasing demand for medical displays and wearables, product adoption in the automotive, aerospace and defense sector for the production of military electronics, and comprehensive research and development (R&D) activities, are propelling the market growth.

Key Players Included in Global Research Report:

eMagin Corporation
Fraunhofer FEP
Kopin Corporation
MicroOLED S.A.S.
(Photonis Technologies SAS)
Seiko Epson Corporation
Silicon Micro Display Inc.
Sony Group Corporation
Sunlike Display Tech Corporation
Winstar Display Co. Ltd.
WiseChip Semiconductor Inc

OLED Microdisplay Market Report Scope
Report Coverage	Details
Market size value in 2021	US$ 156.25 Million
Market forecast in 2027	US$ 571.31 Million
Growth Rate	CAGR of 23.10% from 2022 to 2027
Base year for estimation	2021
Historical data	2016-2021
Forecast period	2022-2027

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COVID-19 Impact on Market: (Positive Impact)

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Segmentation:

Breakup by Type:

Near-To-Eye
Projections

Breakup by Resolution:

HD
Full HD

Breakup by End Use Industry:

Automotive
Healthcare
Consumer Electronics
Military
Law Enforcement
Others

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

TOC for the OLED Microdisplay Market Research Report:

Preface
Scope and Methodology
Executive Summary
Introduction
Global OLED Microdisplay Market
SWOT Analysis
Value Chain Analysis
Price Analysis
Competitive Landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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