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Microdisplay market is expected to grow US$ 8942.3 million by 2025 from US$ 845.3
million in 2016. The sales of microdisplays is largely influenced by numerous
economic and non-economic factors. The sales pattern for microdisplays have faced
similar ups and downs as the global economy. Therefore, the global economy plays a
key role in the development of microdisplay market. Amongst the non-economic
factors, application markets influence their sales. Healthcare, military & defense,
automobile and consumer electronics sectors are the application markets for
microdisplay. The automobile and industrial sectors are expected to have a large
impact on the growth of microdisplays market. Also for the consumer electronics
industry, entertainment vertical is expected to witness high usage of AR VR devices
and other HMDs where microdisplays are required.
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