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Near-Eye Display Market

Near-Eye Display Market by Technology (TFT LCD, OLEDoS, LCoS, MicroLED, AMOLED, DLP, Laser Beam Scanning), Device Type (AR, VR), Vertical (Consumer, Medical, Aerospace & Defense, Automotive) and Geography - Global Forecast to 2027<br>

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Near-Eye Display Market

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  1. Near-Eye Display Market worth $5.3 billion by 2027 According to a research report "Near-Eye Display Market by Technology (TFT LCD, OLEDoS, LCoS, MicroLED, AMOLED, DLP, Laser Beam Scanning), Device Type (AR, VR), Vertical (Consumer, Medical, Aerospace & Defense, Automotive) and Geography - Global Forecast to 2027" published by MarketsandMarkets, the global near-eye display market size is estimated to be USD 1.7 billion in 2022 and projected to reach USD 5.3 billion by 2027, at a CAGR of 24.7%. Surging investments and innovations from the technology giants, and emergence of the Metaverse play a key role in driving the growth of near-eye display market in near future. Application of OLEDoS technology in VR and MR devices stimulates market growth Advanced features offered by OLEDoS technology, such as power efficiency, compactness, and no requirement for external illumination and its use in AR and MR devices and EVFs are likely to result in surged demand for this technology during the forecast period. Also, the technology has better specifications in terms of resolution and size than other technologies deployed in near-eye displays. Hence, the technology is projecting to the largest share in 2027. Increasing application areas of AR devices to accelerate demand for near-eye displays The utilization of near-eye display-based AR devices in the consumer, medical, and automotive sectors is expected to augment the growth of the near-eye display market for AR devices. AR devices are projected to become a popular choice by users from the consumer vertical; therefore, companies plan to expand their presence in the consumer sector. Thus, these developments would propel the growth of the AR devices segment of the near-eye display market in the near future Asia Pacific likely to emerge as the largest near-eye display market Asia Pacific is estimated to be the largest market for near-eye display market during the forecast period. The Asia Pacific market is principally driven by the presence of many key companies along with emerging number of startups in the region. The easy availability of lightweight and cost-effective near-eye display-based HMDs in Asia Pacific would lead to high adoption of these products in consumer applications, encouraging more companies from the region to invest in AR and VR HMDs thereby propelling the near-eye display market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=204073371 Sony Group Corporation (Japan), Himax Technologies, Inc. (Taiwan), Kopin Corporation (US), eMagin Corporation (US), MICROOLED Technologies (France), BOE Technology Group Co., Ltd. (China), Syndiant, Inc. (US), Plessey (England), JBD Xianyao Display Technology (China), TriLite Technologies GmbH (Austria) are some of the key players in the Near-eye Display market. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model –GEM”. The GEM aims at proactive collaboration with the clients to identify new

  2. opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441

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