Middle East & Africa Microdisplays Market Size & Outlook

The microdisplays market in Middle East & Africa is expected to reach a projected revenue of US$ 701.9 million by 2030. A compound annual growth rate of 24.2% is expected of Middle East & Africa microdisplays market from 2024 to 2030.
Revenue, 2023 (US$M)
$153.7
Forecast, 2030 (US$M)
$701.9
CAGR, 2024 - 2030
24.2%
Report Coverage
Middle East & Africa

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Middle East & Africa microdisplays market, 2018-2030 (US$M)

Middle East & Africa microdisplays market, 2018-2030 (US$M)

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MEA microdisplays market highlights

  • The MEA microdisplays market generated a revenue of USD 153.7 million in 2023.
  • The market is expected to grow at a CAGR of 24.2% from 2024 to 2030.
  • In terms of segment, near-to-eye was the largest revenue generating product type in 2023.
  • Near-To-Eye is the most lucrative product type segment registering the fastest growth during the forecast period.

MEA data book summary

Market revenue in 2023USD 153.7 million
Market revenue in 2030USD 701.9 million
Growth rate24.2% (CAGR from 2024 to 2030)
Largest segmentNear-to-eye
Fastest growing segmentNear-To-Eye
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNear-To-Eye
Key market players worldwideLG Display Co Ltd ADR, Sony Group Corp ADR, Kopin, AUO Corp ADR, Micron Technology Inc, Himax Technologies Inc ADR, Microvision Inc

Other key industry trends

  • In terms of revenue, MEA region accounted for 6.2% of the global microdisplays market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Latin America is the fastest growing regional market and is projected to reach USD 595.6 million by 2030.

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Microdisplays Market Scope

Microdisplays market segmentation & scope
Near-To-Eye
Projection
Others
Technology
Digital Light Processing (DLP)
Liquid Crystal on Silicon (LCoS)
Liquid Crystal Display (LCD)
Organic Light-emitting Diode (OLED)
Application
Consumer Electronics
Industrial Systems
Medical Applications
Others
Military & Defense
Automotive
Countries
U.S.
Mexico
Canada
UK
Germany
France
Brazil
Argentina
Australia
China
India
Japan
South Korea
UAE
South Africa
Saudi Arabia

Microdisplays Market Companies

Name Profile # Employees HQ Website
eMagin View profile 51-100 Hopewell Junction, New York, United States, North America http://emagin.com
Universal Display View profile 11-50 London, England, United Kingdom, Europe https://www.universaldisplay.co.uk
Syndiant View profile 11-50 Dallas, Texas, United States, North America http://www.syndiant.com
Kopin View profile 251-500 Westborough, Massachusetts, United States, North America http://www.kopin.com
Himax Technologies Inc ADR View profile 2164 No. 26, Zilian Road, Xinshi District, Tainan, Taiwan, 744092 https://www.himax.com.tw
Microvision Inc View profile 340 18390 NE 68th Street, Redmond, WA, United States, 98052 https://www.microvision.com
LG Display Co Ltd ADR View profile 66418 LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 https://www.lgdisplay.com
AUO Corp ADR View profile 51378 No. 1, Li-Hsin Road 2, Hsinchu Science Park, Hsinchu, Taiwan, 300094 https://www.auo.com
Micron Technology Inc View profile 43000 8000 South Federal Way, Post Office Box 6, Boise, ID, United States, 83716-9632 https://www.micron.com
Sony Group Corp ADR View profile 113000 7-1, Konan 1-Chome, Minato-ku, Tokyo, Japan, 108-0075 https://www.sony.com

Middle East & Africa microdisplays market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to microdisplays market will help companies and investors design strategic landscapes.


Near-to-eye was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa microdisplays market based on near-to-eye covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa microdisplays market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa microdisplays market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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