AMA recognizes the following companies as the key players who are driving Microdisplay market, some of them are Sony (Japan), Seiko Epson (Japan), eMagin Corporation (United States), Kopin Corporation (United States), OLiGHTEK (China), Himax Technologies (Taiwan), HOLOEYE Photonics (Germany), WiseChip Semiconductor (Taiwan), Raystar Optronics (Taiwan) and WINSTAR Display (Taiwan).

An analyst from AdvanceMarketAnalytics team said: “One of the key factors which is trending the market is “Market is changing in variant way from LCD, LCOS, DLP, OLED, and Micro-LED and Growing adoption of ADAS and increase force in demand for Head-Up displays”. Considering the revolutionary changes occurring in this market, there is a growing demand from the use of Microdisplay such as Near-To-Eye (NTE) Devices, Head-Up Display (HUD), Projector and Others.

According to the report, some of the important driving forces behind the market growth are “Advancements in microdisplays related to compact size and technology ”. The primary concern of any business is the reduction of the overall operating cost. The increased need for operating efficiency and meeting regulatory demands at the same time have become major challenges for the original Players, additional restraints impacting market are “Eventual saturation in the market of digital cameras and projectors Eventually slow down in market growth of Microdisplay can occur due to changing technology” which is continuously seeking attention of Industry Experts and Decision makers.

The study was conducted using primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market study and vendor landscape in addition to a SWOT analysis of the key Players.