Liquid Crystal on Silicon (LCoS) Display Market Size 2021: Important Development, Industry Share and Growth Forecast to 2024

Liquid Crystal on Silicon (LCoS) Display

The “Liquid Crystal on Silicon (LCoS) Display Market” Report provides a thorough examination of the market. The Liquid Crystal on Silicon (LCoS) Display Market research investigates how firms in the Liquid Crystal on Silicon (LCoS) Display Market are reacting to changing market conditions by examining major industry strategies. The report covers current top players are recognised and rated based on their market shares. It also includes data on leading manufacturers, market segmentation by types, applications, and geographic regions. Market capacity, production, consumption, sales, and revenue are all discussed in this Liquid Crystal on Silicon (LCoS) Display market report.

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Competitor Analysis:

Liquid Crystal on Silicon (LCoS) Display market covers the vision of competitor analysis by product types, market share, applications, sales and revenue. It covers the top key players like –

  • OmniVision Technologies Inc.
  • Hamamatsu Photonics KK
  • Meadowlark Optics Inc.
  • Syndiant Inc.
  • HOLOEYE Photonics AG
  • Himax Technologies Inc.
  • JVC KENWOOD USA Corporation
  • Sony Corporation
  • Koninklijke Philips NV
  • Google Inc.
  • Microsoft Corporation
  • Magic Leap Inc.

    Market Overview:

  • The LCoS display market is projected to register a CAGR of 32.25% over the forecast period (2019 – 2024). The increasing demand for high-resolution display is expected to boost the liquid crystal on silicon (LCoS) display market. LCoS-based products offer higher quality and more precise results than the other competing technologies, such as liquid crystal display (LCD) and digital light processing (DLP).
  • – Augmented reality has witnessed an increasing implementation into existing applications and platforms, including gamification for customer engagement, AR applications, social media-based marketing, and enterprise collaboration for unified workplace communications. Virtual reality technology has also gained widespread recognition and adoption over the past few years. AR and VR trends are expected to support the market growth, during the forecast period.
  • – LCoS-based products, which offer higher quality and more precise results than competing microdisplay technologies, such as liquid crystal display (LCD) and digital light processing (DLP), are being preferred by component manufacturers. Therefore, increasing demand for high-resolution display is supporting the growth of the liquid crystal on silicon (LCoS) display market.
  • – However, the cost of technology, when compared to competitive technologies, like LCD and LED, are hindering the market. In addition, LCoS microdevices are difficult to manufacture, because of which several companies, including Intel, have abandoned their efforts after consistently low yields in manufacturing.

    Key Market Trends:

    Head-mounted Displays to Witness Huge Demand for LCoS Systems

    – Head-mounted displays used for augmented and virtual reality have unique characteristics that handheld displays and spatial displays do not offer.
    – Training of all types is the most important potential use of AR/VR. Navy researchers are integrating AR technology into head mounted displays (HMD) to effectively provide ground deployed troops with the technology utilized by pilots.
    – In June 2018, Spex, a division of Toronto-based wearable medical device developer eSight, released a new hardware and software platform intended to combine the best current augmented reality (AR) and virtual reality (VR) features in a head-mounted device that can be worn all day.
    – HMDs are not only used in virtual reality gaming, but also been used in military, medical and engineering contexts. In March 2019, Valve launched a teaser site featuring a brand-new virtual reality headset, called the Valve Index. It has inside-out tracking to allow players to move around a room without worrying about placing base stations or external tracking cameras.

    Asia-Pacific to Emerge as the Fastest Growing Market

    – According to asiapacificelectronics.com, the Asia-Pacific region is expected to deliver USD 212 billion in GDP, as a result of mmWave 5G by 2034.
    – The majority of countries in Asia-Pacific have experienced a prolonged period of dynamic economic growth, which was reflected in rising disposable incomes.
    – A significant milestone on the path toward becoming a manufacturing hub was achieved in 2017, when India’s domestic electronics production exceeded imports of electronic goods into the country.
    – Consumer’s lifestyle is changing, as they are adopting new technology and embracing the new trends in technology.
    – A growing customer base of middle class and increased penetration of consumer durables have provided enough scope for the growth of the Indian electronics sector.

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    Scope of the Report:

    LCoS microdisplay is constructed with a liquid crystal layer sandwiched between a thin-film transistor (TFT) and a silicon semiconductor with a reflective coating. These LCoS displays are frequently used in projectors, and the rising demand for projectors during sports events is also expected to aid as a key market opportunity for the LCoS display market. Automotive, medical, aviation, consumer electronics, military, and optical 3D measurement are the other major application-based segments of the LCoS display market.

    Highlighted points of Liquid Crystal on Silicon (LCoS) Display Market Report:

    • Varying dynamics of the Liquid Crystal on Silicon (LCoS) Display industry.
    • Prospective changes in sales volumes and worldwide share growth in upcoming years
    • Liquid Crystal on Silicon (LCoS) Display market report recognizes the key drivers of growth and challenges of the key industry players.
    • Competitors profiles along with product description, overview, and business data.
    • Complete analysis of market risks, opportunities, limitations, and growth of the market.
    • Market driving and restraining factors.
    • Delivers information on the historical and current market size and the future potential of the market.
    • Liquid Crystal on Silicon (LCoS) Display market report provides comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of market.

    Key Benefits of this Liquid Crystal on Silicon (LCoS) Display Market report:

    • The Liquid Crystal on Silicon (LCoS) Display market report provides a comprehensive analysis of the current trends and future estimations in the world mining equipment market to identify the potential investment pockets.
    • The Liquid Crystal on Silicon (LCoS) Display market report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
    • Quantitative analysis of the current trends and forecasts to 2024 is provided to showcase the financial competency of the Liquid Crystal on Silicon (LCoS) Display market.
    • Porter’s Five Force model of the industry and SWOT analysis illustrate the potency of the buyers & suppliers.
    • Value chain analysis provides a clear understanding of the roles of stakeholders involved.

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    Detailed TOC of Liquid Crystal on Silicon (LCoS) Display Market Report:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Latest AR & VR Trends to Support the Market Growth
    4.3.2 Increasing Demand for High-Resolution Display Products to Drive Market Growth
    4.4 Market Restraints
    4.4.1 Cost of Technology Development to Hinder the Market Growth
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Product
    5.1.1 Head-mounted Display (HMD)
    5.1.2 Projector
    5.1.3 Head Up Display (HUD)
    5.2 By Technology
    5.2.1 Felloelectrics LCoS (FLCoS)
    5.2.2 Nematics LCoS (NLCoS)
    5.2.3 Wave length Selective Switching (WSS).
    5.3 By End User
    5.3.1 Consumer Electronics
    5.3.2 Automotive
    5.3.3 Aviation
    5.3.4 Optical 3D Measurement
    5.3.5 Medical
    5.3.6 Military
    5.4 Geography
    5.4.1 North America
    5.4.2 Europe
    5.4.3 Asia-Pacific
    5.4.4 Rest of the World

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 LCoS Technology Providers
    6.1.1.1 OmniVision Technologies Inc.
    6.1.1.2 Hamamatsu Photonics KK
    6.1.1.3 Meadowlark Optics Inc.
    6.1.1.4 Syndiant Inc.
    6.1.1.5 HOLOEYE Photonics AG
    6.1.1.6 Himax Technologies Inc.
    6.1.2 LCoS Display Device Manufactures
    6.1.2.1 JVC KENWOOD USA Corporation
    6.1.2.2 Sony Corporation
    6.1.2.3 Koninklijke Philips NV
    6.1.2.4 Google Inc.
    6.1.2.5 Microsoft Corporation
    6.1.2.6 Magic Leap Inc.

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

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