Stratview Research has launched a new report, titled Liquid Crystal on Silicon Display (LCoS) Market, By Product (Head-mounted Display (HMD), Projector, Head Up Display (HUD)), By End Use (Consumer Electronics, Automotive, Aviation, Optical 3D Measurement, Medical, Military), and Region
Covid-19 Impact Analysis:
Covid-19 has highly impacted the market dynamics, competition, and supply chain of almost all industries. The revenues have gone down in 2020 and are expected to resume an uptrend gradually from 2021 and continue to grow further. The report covers all the segments that were affected by the pandemic.
According to the report, The Liquid Crystal on Silicon Display (LCoS) Market is estimated to grow from USD 1.5 billion in 2020 to USD 2.2 billion by 2026 at a healthy CAGR of 7.2% during the forecast period.
Market Segments’ Analysis
Based on Product, the Liquid Crystal on Silicon Display (LCoS) market has been classified into Head-mounted Display (HMD), Projector, and Head-Up Display (HUD). The Head-mounted Display (HMD) segment accounted for the largest market share in 2020. Head-mounted displays are extensively used for augmented & virtual reality which have unique features that handheld displays & spatial displays do not provide. Also, it effectively offers ground deployed troops with the technology utilized by pilots in military and navy sectors, thus promulgating the segment growth.
By region, the Asia Pacific Liquid Crystal on Silicon Display (LCoS) market held a significant share in 2020 and is expected to grow at a significant CAGR during the review period. The Liquid Crystal on Silicon Display (LCoS) market growth is mainly propelled by growing economic growth, which was reflected in rising disposable incomes in countries like China and India. Also, the significant presence of semiconductor and consumer electronics companies in countries of Taiwan, China, South Korea, and Japan, further boosts the regional market growth.
The North America Liquid Crystal on Silicon Display (LCoS) market is expected to grow at a healthy CAGR during the review on account of the growth of the major end-use industries. . The region is equipped with R&D support along with a huge financial backing for the development as well as strong adoption of advanced technologies across industries, and increasing sales of consumer electronics, which are likely to bolster the regional market growth.
The following are the key players in the Liquid Crystal on Silicon Display (LCoS) market-
- OmniVision Technologies Inc. (US)
- Hamamatsu Photonics KK (Japan)
- Meadowlark Optics Inc. (US)
- Syndiant Inc. (US)
- HOLOEYE Photonics AG (Germany)
- JVC KENWOOD USA Corporation (US)
- Sony Corporation (Japan)
- Koninklijke Philips NV (Netherlands)
- Google Inc. (US)
- Microsoft Corporation (US)
Frequently Asked Questions –
This report provides vital information and valuable insights, enabling the users to identify the strategic growth opportunities in the market. The report aims at answering the following key questions:
- What is the current and future market size of Liquid Crystal on Silicon Display (LCoS) market?
- How has the COVID-19 pandemic impacted the market? How fast is it expected to recover?
- What will be the short and long-term effects of the pandemic?
- How are other market factors affecting the market dynamics?
- Which segments offer high-growth opportunities in the long run?
- How fierce is the Liquid Crystal on Silicon Display (LCoS) market competition?
- What are the key emerging trends and unmet needs in the present market?
- What are the strategic growth opportunities and key success factors?
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