DUBLIN, Aug. 31, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/p52qcq/global) has announced the addition of the "Global Microelectromechanical Systems (MEMS) Microdisplay Market 2015-2019" report to their offering.
The global MEMS microdisplay market to grow at a CAGR of 85.9% over the period 2014-2019.
The report presents the current scenario as well as the growth prospects of the global MEMS microdisplay market for the period 2015-2019. The focus of the study is restricted to MEMS technology incorporated in microdisplays. It does not take into account revenue generated from shipments of any other technology used in microdisplays.
Currently, microdisplays are in high demand for near-to-eye application devices such as camcorder viewfinders, digital camera viewfinders, video phones, and HMDs. A surge in the demand for these devices fosters market growth for MEMS microdisplays. Moreover, the demand for near-to-eye application devices stems majorly from high-growth sectors such as consumer electronics, automotive, and military and defense, triggering market growth further.
According to the report, the enhanced projection attributes of MEMS-based microdisplays have made them an efficient technology for AR devices such as HUDs, HMDs, and smart glasses. HUDs have a wide range of applications in the aviation and automotive sectors. Smart glasses are becoming more popular as a result of their increased commercialization, so their adoption will increase during the forecast period. The increased penetration of these AR devices will fuel the demand for MEMS microdisplays.
Further, the report states that the lack of popularity and wide acceptance of MEMS microdisplay-based devices is a crucial factor for market growth.
The application segments taken into consideration to calculate market size include:
The report presents market size based on revenue generated from shipments of MEMS microdisplays to OEMs, along with their ASPs, for the base year as well as the forecast period.
- Texas Instruments
Other Prominent Vendor
- Iron City Micro Display
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Technology Landscape
- Market Landscape
- Market Segmentation by Application
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and Their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and Their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/p52qcq/global
Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets