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Display Market – Growth, Trends, Impact and COVID-19 Forecast in 2022

By 2021, the Augmented Reality Display market is valued at $581 million and is expected to have a compound annual growth rate (CAGR) of 46.06%. The outbreak of the pandemic has triggered the development of augmented reality technologies in retail, education and healthcare.
These models are expected to provide a visual experience very similar to reality and solve problems such as low resolution, distorted images and eye fatigue, while making the headset lighter. The region is also home to many big players, such as eMagin Corporation, a major manufacturer of high-resolution OLED microdisplays for AR/VR and other near-eye imaging products. The company will showcase its current product line, including dPd direct-drawn OLED microdisplay technology, at Display Week 2022 in San Jose, California in May 2022, one of the industry’s largest conferences dedicated to the display market. Competitive environment The augmented reality display market mainly includes many domestic and international players. Competition is expected to be intense and remain the same among players during the forecast period. Important players in the market are Sony Corporation, Samsung Electronics Co., Ltd., Kopin Corporation, Japan Display Corporation and others. Technological advances in the market have also given the company a significant competitive advantage and the market has witnessed numerous partnerships. June 2022 – Kopin was awarded a contract to develop a new vehicle imaging system for a major US defense contractor. The new system combines Kopin’s high-resolution, low-power ferroelectric liquid crystal micro-displays (FLCOS) and special optics in an extra rugged special housing for use in extremely harsh environments. June 2022 - LG Display plans to lay the groundwork for a display for A
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Post time: Sep-07-2022