How big is the Microdisplay Market?

The Microdisplay Market size is expected to reach USD 2 billion in 2024 and grow at a CAGR of 24% to reach USD 5.86 billion by 2029. Read More

What is the current Microdisplay Market size?

In 2024, the Microdisplay Market size is expected to reach USD 2 billion. Read More

Who are the key players in Microdisplay Market?

OLEDWorks, eLux, Inc., Mojo Vision Inc., Kopin Corporation and eMagin are the major companies operating in the Microdisplay Market. Read More

Which is the fastest growing region in Microdisplay Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Microdisplay Market?

In 2024, the Americas accounts for the largest market share in Microdisplay Market. Read More

What years does this Microdisplay Market cover, and what was the market size in 2023?

In 2023, the Microdisplay Market size was estimated at USD 1.52 billion. The report covers the Microdisplay Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Microdisplay Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Microdisplay Market Size & Share Analysis - Industry Research Report

Microdisplay Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Microdisplay Market Report is Segmented by Type of Technology (Traditional [LCOS, LCD, DLP], OLED-On-Si, Microled), Application (Consumer and Automotive [Augmented Reality/Virtual Reality Headsets, Automotive HUDs, Traditional Applications {Projection/Camera}], Defense), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America). The Market Sizes and Forecasts are Provided Regarding Value (USD) for all the Above Segments.

Microdisplay Industry Overview

The microdisplay market is very competitive and highly concentrated due to various large and small players. All the major players account for a significant market share and focus on expanding the global consumer base. Some significant players in the market are OLEDWorks, eLux Inc., Mojo Vision Inc., Kopin Corporation, and eMagin. Several companies are increasing their market share by forming collaborations, partnerships, and acquisitions and introducing new and innovative products to earn a competitive edge during the forecast period.

March 2024: OLEDWorks LLC, located in Rochester, was granted an OTA (Other Transactional Agreement) worth approximately USD 8.6 million by the US government. The US Army supervises the development and enhancement of advanced OLED microdisplays for consumer and defense uses. These microdisplays are intended for head-mounted display use in the Augmented and Virtual Reality sectors.
January 2024: Kopin Corporation and Micledi Microdisplays collaborated to create advanced microLED displays for next-generation vision solutions. The collaboration aims to design, develop, and manufacture microLED displays with a more immersive and information-rich AR experience suitable for high-brightness light conditions. MICLEDI's microLED technology, when paired with Kopin's advanced backplane design expertise, seeks to develop microLED displays that cater to the challenging requirements of new applications while addressing the limitations of existing technologies.