Fuji Chimera Research Institute says that the global microdisplay market reached $161 million in 2018, with AMOLED taking up a market share of 27.8%. LCoS is still the leading technology with a market share of 59.7%.
Fuji Chimera expects the OLED microdisplay market to grow to $75 million by 2021 - a CAGR of 10.9%. The average unit price for an OLED microdisplay will reach $32 (35% higher than LCoS microdisplays).
Fuji Chimera says that while OLED panels are advancing, there is still much room for improvements in efficiency, production cost and lifetime. While some analysts expect Micro-LED to become the AR microdisplay technology of choice, Fuji Chimera has its reservations as the technology is not mature enough and there are some technology challenges to overcome - including those in epitaxial wafer process, mass transfer, defect detection and current drive.
