The Liquid Crystal on silicon (LCoS) is principally a reflective vigorous matrix liquid crystal display. The Liquid crystal on silicon (LCoS) is commonly termed as micro-display due to its miniscule size which is assembled exploiting liquid crystal layer on maximum of a silicon backplane. The LCoS was primarily was advanced for the resolution of projection in the Televisions but in the recent scenario it has broader applications in the electronics segment as it is utilized in near eye displays, wavelength discerning interchanging and optical pulse shaping.
According to the report analysis, ‘Global Liquid Crystal on Silicon Display Market Size study, by Product (HUD, HMD, Projectors), by Application (Automotive, Consumer Electronics, Aviation & Military, Medical, Optical 3D Measurement) and Regional Forecasts 2018-2025’ states that in the worldwide liquid crystal on silicon display market there are numerous entities which recently operating more actively for leading the highest market growth and registering the great value of market share around the globe during the coming years more positively while increasing the benefits of such, developing the applications of the liquid crystal on silicon display, spreading the awareness related to the applications, benefits, productivity, types and features of such, employing the young work force, delivering the better consumer satisfaction, and decreasing the linked price of such includes 3M, Himax Display Inc., Canon Inc., JVC Kenwood Corporation, Pioneer Corporation, Microvision Inc., Sony Corporation, LG Electronics and several others.
In addition, the technology preeminence & open technology podium and accessibility of widespread range competences are the significant drivers of the market around the globe. Not only has this, the seasonal Boom Of Projector Market throughout the Events which is probable to generating the numerous opportunity in the coming future. However, the LCoS is pricier than competing technologies (LCD & DLP) are the aspects which restricting the market growth of Liquid Crystal on Silicon Display around the world.
Based on the region, the market of liquid crystal silicon display is spread around the globe which majorly involves Asia Pacific, North America, Europe, Latin America and Rest of the World. Whereas, the North America is the leading/noteworthy region around the world in terms of market share due to the existence of the premium LCoS in the customer electronics, military and aerospace in the economy. Europe is predicted to increase at a greater rate in the worldwide Liquid Crystal on Silicon Display market over the incoming years. Moreover, the Asia-Pacific is also predicted to unveil greater growth rate / CAGR over the review period of 2018-2025 owing to high requirement of the projector and customer electronics in the region.
Furthermore, the LCoS-based products, which deal greater superiority and more accurate results than contending micro display technologies, such as liquid crystal display (LCD) and digital light processing (DLP), are being desired by the component manufacturers. Therefore, the effective growth in the requirement for the high-resolution display is assisting the growth of the liquid crystal on silicon (LCoS) display market. Hence, in the coming years, it is anticipated that the market of liquid crystal silicon display will increase more progressively around the globe over the forthcoming years.
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Ankur Gupta, Head Marketing & Communications