Report Id: SNS/SEMI/1554 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Near-Eye Display Market Size was valued at USD 1.46 billion in 2021 and is expected to reach USD 6.47 billion by 2028, and grow at a CAGR of 23.7% over the forecast period 2022-2028.
In the emerging fields of virtual reality (VR), augmented reality (AR), and portable computers, Near-Eye Display is becoming increasingly popular. They have the potential to create a novel experience that has the potential to transform applications in aerospace and defence, medical, automotive, consumer, and a few other fields. Furthermore, the small form factor, lightweight, high portability, very low power consumption, and ability to see some of the important advantages of proximity display solutions increase their demand.
OLEDOS micro displays are increasingly being used in newer applications.
Health issues among gamers are increasing.
Technology giants are increasing their spending on the development of revolutionary near-eye display products.
Minimal latency for AR systems.
IMPACT OF COVID-19:
COVID-19 has had a severe impact on the global economy as well as all industries. To stop the plague from spreading, governments in several countries have established borders. The initial phase of the epidemic's global shutdown in many countries has had a significant influence on people's lives and quality of life. As a result, the global supply chain has been shattered. The global economy has shrunk as commodity demand has decreased considerably. Due to the outbreak, which has caused a lack of immature materials, production in all industries has been slowed. Productivity declines are caused by variables such as depreciation and supply chain disruption.
BASED ON TECHNOLOGY TFT LCD technology holds the largest share in the market. Displays based on this technology are lightweight, compact in size, have high clarity, and use low power. Also, these displays can be mass-produced and widely accepted on VR devices. These features enhance the growth of the near-eye display market based on the TFT LCD.
OLED technology-based OLED displays are made in a silicon-based environment called silicon-based OLED or OLEDoS. OLEDoS technology has a driving cycle based on silicon semiconductor CMOS rather than the TFT line. Therefore, technology has a much clearer definition of size and size than other technologies used in visual cues. Also, market players have begun to use organic growth strategies to strengthen their close product portfolio based on OLEDoS technology.
The key market players in Global Near-Eye Display Market are Sony Group Corporation, Kopin Corporation, eMagin Corporation, BOE Technology Group Co, Plessey, TriLite Technologies GmbH, Himax Technologies Inc, MICROOLED Technologies, Syndiant Inc, JBD Xianyao Display Technology and Other.
Laser Beam Scanning
BY DEVICE TYPE
Aerospace & Defense
Near-eye displays are expected to increase at the fastest rate in Asia Pacific. Because of the presence of a large number of significant companies and an increasing number of start-ups, emerging economies such as China and Japan are expected to grow at the fastest rate. Furthermore, the widespread availability of lightweight, low-cost near-eye display-based HMDs in Asia Pacific will encourage more enterprises in the region to invest in AR and VR HMDs, boosting the near-eye display market.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 1.43 Billion|
|Market Size by 2028||US$ 6.47 Billion|
|CAGR||CAGR of 23.7% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Technology (Laser Beam Scanning, TFT LCD, LCoS, MicroLED, AMOLED, OLEDOS, DLP)
• by Components (Image Generators, Imaging Optics, Optical Combiners)
• by Device Type (AR Devices, VR Devices, Others)
• by Industry (Consumer, Aerospace & Defense, Automotive, Medical, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Sony Group Corporation, Kopin Corporation, eMagin Corporation, BOE Technology Group Co, Plessey, TriLite Technologies GmbH, Himax Technologies Inc, MICROOLED Technologies, Syndiant Inc, JBD Xianyao Display Technology and Other.|
|Key Drivers||• OLEDOS micro displays are increasingly being used in newer applications.|
|Restraints||• Health issues among gamers are increasing.|
Frequently Asked Questions (FAQ) :
The Near-Eye Display Market size was valued at 1.4 billion in 2021 at a CAGR of 23.7%.
Asia Pacific region will boost the near-eye display market in the forecasted period.
Technology giants are increasing their spending in the development of revolutionary near-eye display products is the one of the opportunity in the Near-Eye Display Market.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Near-Eye Display Market Segmentation, by Technology
8.2 Laser Beam Scanning
8.3 TFT LCD
9. Global Near-Eye Display Market Segmentation, by components
9.2 Image Generators
9.3 Imaging Optics
9.4 Optical Combiners
10. Global Near-Eye Display Market Segmentation, By Device type
10.2 AR Devices
10.3 VR Devices
11. Global Near-Eye Display Market Segmentation, By Industry
11.3 Aerospace & Defense
12. Regional Analysis
12.2 North America
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4.2 South Korea
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.3 South Africa
12.6 Latin America
12.6.3 Rest of Latin America
13. Company Profiles
13.1 JBD Xianyao Display Technology
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2 Sony Group Corporation
13.3 Kopin Corporation
13.4 eMagin Corporation
13.5 BOE Technology Group Co
13.7 TriLite Technologies GmbH
13.8 Himax Technologies, Inc
13.9 MICROOLED Technologies
13.10 Syndiant, Inc
14. Competitive Landscape
14.1 Competitive Benchmark
14.2 Market Share analysis
14.3 Recent Developments
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