The Europe microdisplay market size reached US$ 992.0 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,286.0 Million by 2032, exhibiting a growth rate (CAGR) of 9.43% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 992.0 Million |
Market Forecast in 2032
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US$ 2,286.0 Million |
Market Growth Rate (2024-2032) | 9.43% |
A microdisplay is a miniature display unit that provides microlevel resolution and a diagonal screen size of fewer than two inches. It is mainly available in two varieties, namely transmissive displays, which allow light to pass through the display without reflection, and reflective microdisplays, which divert the light into the projection path to form an image. Microdisplays use Liquid Crystal on Silicon (LCoS) that helps in rapid light modulation for creating images. They also create large images from a lightweight and small unit and can integrate drivers with display chips as opposed to the conventional direct-view displays like CRT and flat-panel LCD.
The Europe microdisplay market is primarily driven by the increasing demand for microdisplays from the aerospace and defense sectors. Due to the rising need to improve the flexibility in defense-related operations, the adoption of electronic systems such as HMDs for effective and real-time information gathering has increased. Along with this, there has been a rise in the utilization of microdisplays in the automotive industry due to vehicle safety regulations implemented by the European Union (EU). This has prompted automotive OEMs across the region to focus on integrating safety features in automobiles, resulting in the adoption of high-resolution and head-mounted displays (HMD). Additionally, microdisplays are compact in size and offer low power consumption, high resolution and excellent image quality, which is providing a positive outlook for the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe microdisplay market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on product, technology, resolution, brightness and end user.
Breakup by Product:
Breakup by Technology:
Breakup by Resolution:
Breakup by Brightness:
Breakup by End User:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report
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Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Products Covered | Near-To-Eye (NTE) Devices, Head-Up Display (HUD), Projector, Others |
Technologies Covered | Liquid Crystal Display (LCD), Liquid Crystal on Silicon (LCOS), Organic Light-Emitting Diode (OLED), Digital Light Processing (DLP) |
Resolutions Covered | Lower Than HD, HD, FHD, Higher Than FHD |
Brightnesses Covered | Less Than 500 Nits, 500–1,000 Nits, More Than 1,000 Nits |
End Users Covered | Consumer, Industrial and Enterprise ,Automotive, Military, Defense, and Aerospace, Sports and Entertainment, Retail and Hospitality, Medical, Education, Others |
Countries Covered | Germany, France, United Kingdom, Italy, Spain, Others |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |