The United States microdisplay market size reached US$ 844.9 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 3,332.2 Million by 2032, exhibiting a growth rate (CAGR) of 15.98% during 2024-2032.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 844.9 Million |
Market Forecast in 2032
|
US$ 3,332.2 Million |
Market Growth Rate (2024-2032) | 15.98% |
A microdisplay refers to a small-sized screen with a diagonal size less than two inches. It is utilized in rear-projection television (TVs), head-mounted displays (HMDs), head-up displays (HUDs), data projector, Near-to-Eye (NTE) devices and viewfinders in digital cameras. A microdisplay can be either transmissive or reflective in type, depending on their mode of transmission of light through the display unit. The transmissive microdisplays are generally used in backlit laptop screens, while the reflective microdisplays are used in Digital Light Processing (DLP) projects.
The United States microdisplay market is primarily driven by the increasing use of microdisplays in various industries such as military and defense, consumer electronics, and healthcare. They are extensively used in these sectors due to their high resolution, excellent picture quality, low power consumption and compact size. The rapid advancements in display technology represent another factor propelling the growth of the market. For instance, next-generation display technologies such as optical waveguides and MEMS-based laser scanning allow HUD manufacturers to reduce the size of HUDs. Furthermore, the increasing popularity of augmented/ virtual reality (AR/VR) enabled devices, coupled with the development of high-definition and ultra-high-definition microdisplay screens, have also increased the demand for microdisplays across the country.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States microdisplay market report, along with forecasts at the country and regional levels 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 Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report
|
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
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 |
Brightness 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 |
Regions Covered | Northeast, Midwest, South, West |
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) |