Consainsights logo

Oled Microdisplay Market Size, Share, Industry Trends and Forecast to 2030

Oled Microdisplay Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.


  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

OLED Microdisplay Market Size & CAGR in 2021

The OLED microdisplay market experienced significant growth in 2021 with a Compound Annual Growth Rate (CAGR) of 12.5%. The market size reached USD 1.8 billion in 2021, showcasing a promising trend for the industry. OLED microdisplays are widely used in various applications such as virtual reality headsets, augmented reality devices, and high-end cameras.

COVID-19 Impact on the OLED Microdisplay Market

The COVID-19 pandemic had a mixed impact on the OLED microdisplay market. While there was a temporary slowdown in production and supply chain disruptions due to lockdowns and restrictions, the increasing demand for electronic devices and wearable technology boosted the market's growth. Many companies adapted to remote working environments, driving the need for high-quality displays.

OLED Microdisplay Dynamics

The OLED microdisplay market is characterized by rapid technological advancements, increasing adoption in consumer electronics, and growing demand for compact and high-resolution displays. Manufacturers are focused on developing innovative products with improved resolution, brightness, and energy efficiency to meet the evolving needs of consumers.

Segments and Related Analysis

The OLED microdisplay market can be segmented based on technology, application, and resolution. Segments include active matrix OLED (AMOLED), passive matrix OLED (PMOLED), consumer electronics, automotive, healthcare, aerospace, and more. The demand for AMOLED displays in smartphones and smartwatches is driving significant growth in the consumer electronics segment.

By Region Analysis

The OLED microdisplay market is geographically segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific dominates the market due to the presence of key manufacturers in countries like South Korea and Japan. The region is also witnessing a surge in demand for OLED displays in smartphones and other electronic devices.

Key Market Players and Competitive Landscape

Key players in the OLED microdisplay market include Samsung Display, LG Display, Sony Corporation, eMagin Corporation, and AU Optronics. These companies are investing in research and development to introduce innovative products and gain a competitive edge in the market. Partnerships, collaborations, and acquisitions are common strategies employed by market players to expand their market presence.

Recent Happenings in the OLED Microdisplay Market

In recent years, the OLED microdisplay market has witnessed several developments aimed at enhancing display quality, increasing energy efficiency, and expanding application areas. Samsung Display launched a new series of ultra-thin OLED microdisplays for use in AR/VR headsets, while Sony Corporation introduced OLED microdisplays with higher resolution and color accuracy for professional camera applications. These advancements reflect the continuous innovation in the OLED microdisplay industry.

Frequently Asked Questions (FAQ):