Market Snapshot:
OLED (Organic Light-Emitting Diode) is a next-generation display technology which replacing LCD displays in several markets, such as small displays for mobile applications, TVs and microdisplays. The OLEDs are made up of thin films of organic light emitting materials that emit light when electricity is applied. OLED microdisplays have a much simpler structure compared to LCDs and have numerous advantages over the incumbent technology. OLED displays are gaining momentum in microdisplays owing to their benefits and features. The global OLED microdisplay market is expected to witness a high growth due to low power consumption of OLED microdisplays.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Dresden Microdisplay GmbH (Germany), eMagin Inc. (United States), Kopin Corporation (United States), MicroOLED (France), Raystar Optronics Inc. (Taiwan), Sony Semiconductor Solutions Corporation (Japan), Winstar Display Co. Ltd. (Taiwan), WiseChip Semiconductor Inc. (Taiwan), Yunnan Olightek Opto-Electronic Technology Co. Ltd (China) and Seeya Technology (China) |
Segment Analysis
AMA Research have segmented the market of Global OLED Microdisplay market by Type, Application and Region. On the basis of Type, Near-to-Eye (NTE) are dominating the market in the year 2021 where as Projection stood as second largest market share.
On the basis of geography, the market of OLED Microdisplay has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2021. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Trend
Increasing Demand for Compact Size of Microdisplay
Market Drivers
Excellent Picture Quality and High Resolution and Low Power Consumption of OLED Microdisplay
Opportunities
Growing Number of Near-to-Eye (NTE) Applications
Restraints
- High Cost of OLED Microdisplays Compared to Other Microdisplays
In addition to the aforementioned factor, Excellent Picture Quality and High Resolution
is expected to propel the growth of the market over the forecast period.
The key Players profiled in the study are Dresden Microdisplay GmbH (Germany), eMagin Inc. (United States), Kopin Corporation (United States), MicroOLED (France), Raystar Optronics Inc. (Taiwan), Sony Semiconductor Solutions Corporation (Japan), Winstar Display Co. Ltd. (Taiwan), WiseChip Semiconductor Inc. (Taiwan), Yunnan Olightek Opto-Electronic Technology Co. Ltd (China) and Seeya Technology (China). A lot of Taiwan players are profiled in the research study indicating a strong market dependence.