06-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Lcos Liquid Crystal Silicon Panel Market – By Type (Three-panel designs and One-panel designs) and By Application (HMD, HUD, POS, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Liquid Crystal Silicon Panel market in 2019 was approximately USD 85 million. The market is expected to grow at a CAGR of 23% and is anticipated to reach around USD 300 million by 2026.
LCoS comes under microdisplay technology because of its miniature size, which is achieved using a refractive active-matrix LCD layer on top of a silicon backplane. The LCoS are controlled by the CMOS chip which is present behind the silicon backplane. Initially designed for projection in television the applications of LCoS have increased significantly in recent years. Liquid crystal display projection and digital light processing is the best example of the LCoS market. It is also used in structured illumination, wavelength selective switching, near-eye display, and pulse shaping.
Browse the full “Lcos Liquid Crystal Silicon Panel Market – By Type (Three-panel designs and One-panel designs) and By Application (HMD, HUD, POS, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/lcos-liquid-crystal-silicon-panel-market-by-type-656
Owing to the higher quality and better performance of LCoS based products combined with compatibility with numerous products the market of LCoS based displays is anticipated to bolster in the coming years. In addition, the rising demand for HMD and HUD products in the sector of research, aviation, gaming, and the military is also fueling the growth of the Lcos Liquid Crystal Silicon Panel industry in forthcoming years.
However, LCoS technology is expensive and there is less awareness regarding the benefits of among the population, these factors may restrain the growth of the Lcos Liquid Crystal Silicon Panel market during the forecast period. Conversely, the expensive technology and presence of very few players are expected to bring lucrative opportunities for new players.
On the basis of types, three-panel design dominated the market in 2019 with approximately 75% of total market share and over 615 K units sold. This growth is attributable to its wide range of applications of three-panel design such as ultra HD and ultra-wide television, CDI 4K and many others.
Based on application, POS (projection on the surface) segment held the major share in the global in 2019 with approximately 45% of market shares. This boost is owed to the rising demand of home theaters globally combined with the rising demand of the POS system in the educational and business industry.
By region, the North American region dominated the LCoS market and held substantial shares of around 33% in 2019, the growth of this region is primarily attributable to the increased production and sales of these products, especially in Asia-Pacific and European region.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 85 Million |
Projected Market Size in 2026 |
USD 300 Million |
CAGR Growth Rate |
23% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Sony, JVC, Splendid Optronics, Canon, Syndian, Himax, Himax Display Inc., Hana Microelectronics Public Co., Ltd., CFD - Citizen Fine Devices Co., Ltd., OmniVision Technologies, Inc., and others. |
Key Segment |
By Type, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the Lcos Liquid Crystal Silicon Panel market, but not restricted to include Sony, JVC, Splendid Optronics, Canon, Syndian, Himax, Himax Display Inc., Hana Microelectronics Public Co., Ltd., CFD - Citizen Fine Devices Co., Ltd., OmniVision Technologies, Inc., and others.
This report segments the Lcos Liquid Crystal Silicon Panel market as follows:
Global Lcos Liquid Crystal Silicon Panel Market: By Type Segmentation Analysis
- Three-panel designs
- One-panel designs
Global Lcos Liquid Crystal Silicon Panel Market: By Application Segmentation Analysis
Global Lcos Liquid Crystal Silicon Panel Market: Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
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