Liquid Crystal On Silicon Market is estimated to reach 1.5 Billion by 2018 - New Report by MarketsandMarkets
(PRWEB) November 20, 2014 -- According to a new market research report “Global Liquid Crystal on Silicon (LCoS) market (2013-2018) by Application (Consumer electronics, Automotive, Aviation, Military, Optical 3D measurement, Medical), Product (Projectors, HUD & HMD) and Geography (North America, Europe, APAC & ROW)”, defines and segments the Liquid Crystal on Silicon (LCoS) market into various segments with an in-depth analysis and forecasting of revenues. This research report also identifies the factors driving this market, various restraints, challenges and opportunities impacting it along with the future road maps.
Liquid Crystal on Silicon is a moderately new and obscure display technology. Currently LCoS market is growing at 30.2% CAGR and will be worth $1.5 billion by 2018. Mostly LCoS is used in front projectors, HMD (Head Mount Display) and HUD (Head Up Display) and few other display products.
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Projector is a huge market and Pico Projectors are the greatest growing product for “liquid crystal on silicon” technology. The projector market is expected to boom in 2014 due to upcoming FIFA world cup and in 2015 due to ICC cricket world cup and several upcoming sports events like American NFL, Asian games etc. Technological superiority, open technology platform and wide range compatibility will be the major driving forces of the LCoS market.
Another LCoS deploying product, HMD is majorly use across the globe for military and aviation applications for training and stimulation. Basic HMD models are also gaining popularity in gaming and video based applications. Other HMD applications are sports, research and medicine.
One more LCoS deploying product, HMD is majorly use across the globe for military and aviation applications for training and stimulation. Basic HMD models are also gaining popularity in gaming and video based applications. Other HMD applications are sports, research and medicine.
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