MarketsandMarkets Presents

Asia Pacific is projected to lead the microdisplay market from 2023 to 2028.

In addition to the significance that Japan is home to several important EVF vendors, Asia Pacific is anticipated to continue to have the largest demand for microdisplays to be used in NTE devices during the projected period. Asia Pacific is home to the majority of camera manufacturers. Over 90% of the market for cameras is dominated by Canon, Nikon, and Sony. As a result, Japan's demand for microdisplays rises, which in turn drives growth in the microdisplay industry throughout the region. Moreover, Asia Pacific is expected to account for the largest size of the LCD microdisplay market from 2023 to 2028. LCD microdisplays have a significantly huge demand in cameras/EVF and projectors and a majority of camera/EVFs and projectors vendors are based in this region.