European Liquid Crystal on Silicon (LCoS) Market is Estimated to Reach USD 585.9 Thousand by 2019 – A Report by MicroMarket Monitor
(PRWEB) April 01, 2015 -- European LCoS market report defines and segments the LCoS market in Europe with analysis and forecast of revenue. This market was valued at USD 196.8 thousand in 2014, and is projected to reach USD 585.9 thousand by 2019, at a CAGR of 24.4% during the forecast period.
Browse through the TOC of European LCoS market for an analysis of industry trends, segments & forecasts.
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This European market for LCoS is segmented and forecast based on the product type, application, geography, design type, and architecture. The type segment comprises projectors, HUD, HMD, and others. The applications include consumer electronics, automotive, aviation, military, Optical3D measurement, and medical. Design types of LCoS market are three panel design and one panel design. On the basis of architecture, LCoS market is segmented into Color Filter LCoS and Color Sequential LCoS.
Countries contributing towards the European LCOS market are Germany, the U.K., France, Italy, and others. Germany is the leading market for LCoS, and is projected to witness a CAGR of 19.0% during the forecast period.
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In European LCoS market, HMD is the fastest-growing product type, followed by HUD, which is estimated to witness a CAGR of 17.4% during the forecast period. LCoS technology is gaining popularity among HUD and HMD-based applications. Gaming sector is primarily driving the growth of HMD-based LCoS technology.
LCoS is widely used in projectors as it provides the best quality output. Display applications, for example Head-Up Display (HUD) and Head-Mounted Display (HMD), are the growing markets for LCoS technology and products. HUDs are used in aircrafts, simulation and training centers, and automotive industry. HUD segment is projected to register a CAGR of 19.7% during the forecast period.
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The report on European LCoS market studies and analyzes the market to present in-depth insights on various aspects. The analysis covers the current and future market trends, upcoming opportunities, high growth segments, and factors that will influence the market performance in coming years.
Related Report:
North America Liquid Crystal on Silicon Market
LCOS (Liquid Crystal on Silicon) is a reflective micro-display technology based on a silicon backplane. Using standard complementary metal-oxide semiconductor (CMOS) processes, micro-displays with extremely small pixels, high fill factor (pixel aperture ratio), and low fabrication costs can be realized.
LCoS displays have wide-spread applicability across varied end-users, such as consumer electronics, aviation, automotive, medical, optical 3D measurement, and military. The North American LCoS market is estimated to grow at a CAGR of 26.8% from 2014 to 2019.
http://www.micromarketmonitor.com/market/north-america-lcos-display-8240346901.html
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