Global Liquid Crystal on Silicon (LCoS) market size was US$ 1272.4 million and it is expected to reach US$ 1607.4 million by the end of 2027, with a CAGR of 32.14% during 2022-2027
Liquid crystal on silicon is a latest technology which uses liquid crystals for display. This latest technology has numerous applications in various industries such as automation, medical, entertainment and defense. The display gives a top-quality result. This particular technology of liquid crystal on silicon has transmuted the current market where plasma technology and cathode ray tube are being replaced by liquid crystal display, digital light processing along with liquid crystal on silicon technologies.Increasing demand for high resolution picture is anticipated to boost the growth of the market for liquid crystal on silicon. LCoS technology-based products offer several benefits like precise results and higher quality output than technologies like Liquid crystal display (LCD) and Digital light processing (DLP). Key drivers for Liquid crystal on silicon are open technology platform capacity and compatibility with a wide range of products and superiority in terms of competing technology. Yet, there are limited players in the market for this technology and displays are more expensive than other technologies. As these displays are used in projectors, high demand for projectors to stream the sports events is anticipated to boost the market of LCoS display.
2018:Sony Corporation announced the upcoming release of the SXRD™ (Silicon X-Tal (crystal) Reflective Display) SXRD241A, the world's smallest*1 reflective display device in full HD resolution designed for portable projectors, and the CXD3554GG, a dedicated drive LSI equipped with a high-definition signal processing function.
High demand for projectors in application areas such as education, business and home theater systems is driving the Liquid crystal on silicon market. As due to rise in learn by fun pattern in education sector the liquid crystal on silicon market will see exponential rise. Learning through examples via video lectures is rising which will be beneficial for liquid crystal on silicon market. There is high demand of projectors during any sports or cultural events which fuel the liquid crystal on silicon market. Pico projector will drive the liquid crystal on silicon market.Another driving factor of liquid crystal on silicon market is due to its compatibility with wide range of products and its advantages over other competing technologies such as DLP and LCD. The technological supremacy of liquid crystal on silicon such as better quality and ruggedness is among the major drivers for liquid crystal on silicon market.
Liquid Crystal on Silicon (LCoS) market is segmented based on the type, applications, companies and regions.
By Type, Liquid Crystal on Silicon (LCoS) market has been segmented into
LCoS, Nematics LCoS, ferroelectrics and Wavelength selective switching.
By Application on Liquid Crystal on Silicon (LCoS) market are
On the basis of technology liquid crystal on silicon market is segmented as
The report offers in-depth assessment of the growth and other aspects of the Liquid Crystal on Silicon (LCoS) market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
According to asiapacificelectronics.com, the Asia-Pacific region is expected to deliver USD 212 billion in GDP, as a result of mmWave 5G by 2034.The majority of countries in Asia-Pacific have experienced a prolonged period of dynamic economic growth, which was reflected in rising disposable incomes.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 32.14% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Sony, JVC Kenwood, Canon, AAXA Technologies, LG, Silicon Micro Display, Google, Microsoft, Magic Leap, Guangzhou Weijie Technology,Syndiant (U.S.), 3M (U.S.),Himax Display Inc. (Taiwan), Holoeye Systems Inc. (U.S.), Pioneer Corporation (Japan), Microvision Inc. (U.S.), Hitachi Ltd., Shenzhen Coolux Science & Technology Co. Ltd.,., Forth Dimension Displays Ltd., Citizen Finetech Miyota Co. Ltd., and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 92 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Liquid Crystal on Silicon (LCoS) Market is studied from 2017 - 2027.
What is the growth rate of Liquid Crystal on Silicon (LCoS) Market?
The Liquid Crystal on Silicon (LCoS) Market is growing at a CAGR of 32.14% over the next 5 years.
Who are the leading key players in Liquid Crystal on Silicon (LCoS) Market?
Sony, JVC Kenwood, Canon, AAXA Technologies, LG, Silicon Micro Display, Google, Microsoft, Magic Leap, Guangzhou Weijie Technology,Syndiant (U.S.), 3M (U.S.),Himax Display Inc. (Taiwan), Holoeye Systems Inc. (U.S.), Pioneer Corporation (Japan), Microvision Inc. (U.S.), Hitachi Ltd., Shenzhen Coolux Science & Technology Co. Ltd.,., Forth Dimension Displays Ltd., Citizen Finetech Miyota Co. Ltd., and others.
What regions regions does this Liquid Crystal on Silicon (LCoS) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Liquid Crystal on Silicon (LCoS) Market?
Projector, Head-mounted Display (HMD), Head-up Display (HUD)
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SECONDARY RESEARCH
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