Shashie Pawar

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Micro Display Market: Top 3 Trends Impacting The Industry Expansion Through 2023

The "global microdisplay market Analysis to 2023" is a focused and in-depth study of the semiconductor industry with the global market trend analysis. Market Research Future's report on the global microdisplay market 2020 puts light from this overview by stating that in the past years, the market has seen remarkable growth. Still, now it can anticipate more and more expansion with the CAGR of 14%, with approximately USD 1.8 billion valuations throughout the years from 2017 to 2023 (forecast period). Top Impacting Factors The microdisplay is essentially a compact size display and has user-configurable technology with high resolution as well as high pixel density. The microdisplay is used widely in smart bands, smartwatches, and smart glasses to enable quality images and high contrast ratio. With this, it also offers super-extended graphics array (SEGA) resolution for better angle viewing and enhanced brightness. LCD, DLP, and LCoS have mostly used microdisplay technologies. In the current time, microdisplay finds its wide range of applications in military & defense for real time monitoring and faster performance. These features and its high-end use have motivated the market of it over the years. Most importantly, microdisplay is also being used in many medical devices in the current situation of COVID 19 widespread to detect patients positively affected through blood and cough samples.

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