Microdisplay Market to Generate $5,535.6 Million Revenue by 2030, says P&S Intelligence
NEW YORK, Nov. 11, 2021 /PRNewswire/ -- The global microdisplay market size is expected to reach $5,535.6 million by 2030, increasing from $1,145.6 million in 2020 at a 17.1% CAGR between 2020 and 2030.
- NEW YORK, Nov. 11, 2021 /PRNewswire/ -- The global microdisplay market size is expected to reach $5,535.6 million by 2030, increasing from $1,145.6 million in 2020 at a 17.1% CAGR between 2020 and 2030.
- Due to the burgeoning number of road accidents, which already kill more than 1.3 million people every year, as per the World Health Organization (WHO), ADAS has been made mandatory by several countries.
- Microdisplay market players have made the most sales to projector manufacturers because of the rising demand for data projectors in the corporate (business) and education sectors.
- On the regional level, Asia-Pacific (APAC) is predicted to witness the quickest advance in the microdisplay market in the near future, thereby continuing its historical dominance.