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Liquid Crystal on the Silicon Display Market

Added: (Fri May 24 2019)

Pressbox (Press Release) - According to the market report “Liquid Crystal on the Silicon Display Market by Application, Technology, Geography and Product- Trends, Growth, Forecasting (2018-2024)”the global LCoS market is expected to reach USD 17.6Billionby 2024 with a CAGR of 5.8% over the forecast period (2018 – 2024).

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LCoS has a wideapplication namelyDisplay application which include Head-up Displays (HUD) which are used in aircrafts, simulation &modelling and others, Head Mounted Displays(HMD) which are used in defence for training, Projectors whose utilization is seen in few educational institutions.Among all display applications, HUD is having a large share followed by HMD. Due to the high-quality vision, LCoS gained a great demand in market. Apart from display application, LCoS is used in entertainment industry, in medical industry, in automation industry and others.

North America – Large market for LCoS
North-Americahas got largest market share of LCoS due advancement in technology, flexibility, and provision of best quality followed by Europe, Asia – Pacific and rest of the world.An analysis is made that due to the tremendous demand for consumer electronics and projectors, a high growth rate of LCoS market is seen in the Asia-pacific market.

Few major key industrial players of Liquid Crystal on Silicon Display Marketing include Himax Display Inc, Cannon Inc, JVC Kenwood Cooperation.
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Submitted by:bharatwaj oruganti
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