Microdisplay Market Worth $3.0 Billion by 2029 – Exclusive Report by MarketsandMarkets Page 1

CHICAGO, August 16, 2024 /PRNewswire/ — The microdisplay market is expected to reach $3.0 billion in 2029 from $1.3 billion in 2024, with a CAGR of 18.2% over the forecast period, according to a new report from MarketsandMarkets.
The increasing demand for microdisplays is due to the integration of displays in various devices such as wearables and near-to-eye devices. The market can grow due to factors such as technological improvements in microdisplays such as MicroLED and OLEDoS technology, miniaturization trend in consumer electronics, increased use of HMDs in a number of industries, and growing global adoption of ADAS and HUDs in the automotive sector.

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