Global OLED Microdisplay Market - Segmented by Component Type (Near-to-Eye (NTE), Projection), Application (Automotive, Medical, Consumer Electronics), and Region - Growth, Trends, and Forecast (2018 - 2023)
The global OLED microdisplay market is expected to register a CAGR of 16.4% over the forecast period of 2018-2023. The scope of the report includes insights on the solutions offered by major players, including providers of hardware, services, and integration solutions. The regions included in this study are - North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The study also offers insights on various end user-based applications, such as automotive, consumer electronics, medical, etc.
Increased Near-to-Eye Application Driving the Demand
The adoption of near-to-eye applications has increased in the market, with the adoption of VR/AR and augmented reality in applications, such as computer-based games, mobile games, etc. Even the videos available on the internet are allowing these features to offer an experience of the big screen to every user. The improvements in technology to develop and overcome certain limitations have also helped manufacturers to market, which was not feasible earlier.
Consumer Electronics is One of the Segments with Significant Opportunities
The evolution of digital camera has significantly helped the microdisplay market to innovate and evolve. The OLED microdisplay market has also benefitted from these developments. The demand from customers for a display with clear image, wide view angle, and to overcome limitations, have enabled OLED microdisplays to capture the market. Sony, a leading manufacturer of OLED microdisplay, has used and developed the product in their digital cameras. The scope of the product usage is high, with the microdisplay being developed in various standard sizes and ongoing research for the development of stretched display. The substitutes of OLED microdisplay have various applications in Pico projectors, where OLED are still in the nascent phase of usage, due to application-related issues.
The US Accounts for the Largest Share in North America
Due to the overall demand for OLED microdisplays for various application segments, the US has been at the core of evolution. The demand for the medical, defense, automobile, consumer electronics, and automotive segments has been high, given the better end-user experience offered by these products. The purchasing power of customers has also allowed better market penetration of microdisplays with OLED, as compared to LCoS.
Key Developments in the Market
Reasons to Purchase this Report
- 1. Introduction
- 1.1 Key Deliverables of the Study
- 1.2 Study Assumptions
- 1.3 Market Definition
- 1.4 Key Findings of the Study
- 2. Research Approach and Methodology
- 3. Executive Summary
- 4. Market Dynamics
- 4.1 Market Overview
- 4.2 Factors Driving the Market
- 4.2.1 Increase in Demand for Offshore Oilfield Communication Solutions
- 4.2.2 Telecom-based Technological Growth
- 4.2.3 Rise in Energy Demand
- 4.2.4 Advancement in Communication Technologies
- 4.2.5 Integration of Departments in the Oil and Gas Industry
- 4.3 Factors Restraining the Market
- 4.3.1 Risk in Data Transfer
- 4.3.2 Stringent Regulatory Norms
- 4.4 Industry Attractiveness - Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products or Services
- 4.4.5 Competitive Rivalry among Existing Competitors
- 5. Global Offshore Oil & Gas Communication Market
- 5.1 By Solutions
- 5.1.1 Upstream Communication Systems
- 5.1.2 Midstream Communication Systems
- 5.1.3 Downstream Communication Systems
- 5.1.4 Predictive
- 5.2 By Communication Network Technology
- 5.2.1 Cellular Communication Network
- 5.2.2 VSAT Communication Network
- 5.2.3 Fiber Optic-based Communication Network
- 5.2.4 Microwave Communication Network
- 5.3 By Region
- 5.3.1 North America
- 5.3.1.1 US
- 5.3.1.2 Canada
- 5.3.2 Europe
- 5.3.2.1 France
- 5.3.2.2 Germany
- 5.3.2.3 UK
- 5.3.2.4 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 India
- 5.3.3.2 Japan
- 5.3.3.3 China
- 5.3.3.4 Rest of Asia-Pacific
- 5.3.4 Latin America
- 5.3.4.1 Argentina
- 5.3.4.2 Brazil
- 5.3.4.3 Mexico
- 5.3.4.4 Rest of Latin America
- 5.3.5 Middle East & Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 South Africa
- 5.3.5.3 United Arab Emirates
- 5.3.5.4 Rest of Middle East & Africa
- 6. Competitive Intelligence - Company Profiles
- 6.1 ABB Ltd.
- 6.2 Alcatel Lucent S.A.
- 6.3 Baker Hughes Incorporated
- 6.4 CommScope Inc.
- 6.5 Rignet Inc.
- 6.6 AT&T Inc.
- 6.7 ERF Wireless Inc.
- 6.8 Redline Communications Inc.
- 6.9 ITC Global Inc.
- 6.10 Harris CapRock Communications Inc.
- 6.11 Hughes Network Systems, LLC
- 6.12 Huawei Technologies Co. Ltd
- 6.13 SpeedCast International Limited
- 6.14 Tait Communications
- 6.15 Airspan Networks Inc.
- 6.16 Commtel Networks, Inc.
- *List not Exhaustive
- 7. Investment Analysis
- 8. Outlook of Offshore Oil & Gas Communication Market
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