Los Angeles, December 27, 2019 - The Global Liquid Crystal on Silicon (LCos) Sales Market report includes detail analysis on various segments of the market, growth trends, regional analysis and unique strategies adopted by top players of the market. According to the new report published by QY Research titled, “Global Liquid Crystal on Silicon (LCos) Sales Market Research and Forecast 2019,” the global Liquid Crystal on Silicon (LCos) Sales market was valued US $1.1 Bn in 2018 and is expected to reach US$1.7 Bn by 2025. The market is expected to exhibit a moderate CAGR of 5.8% from 2019 to 2025.
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Increasing Demand for Electronic Commodities to Propel the Growth of the Global Liquid Crystal on Silicon (LCos) Sales Market
Liquid Crystal on Silicon (LCos) technology is largely used in Head-up displays and Head-mounted displays to offer high-quality imaging in consumer electronics such as TVs, computers, and other gadgets, which is expected to boost the growth of the market. The technology is also increasingly being used in automotive, military, and aviation. Optical 3D measurement also makes use of this technology, which is likely to drive the growth of the market.
Ferroelectrics – Offering High-Quality Image Resolution to Boost the Type Segment
Nemantics Lcos, Ferroelectrics, and Wavelength selective switching are the sub-segments of the type segment of the Global Liquid Crystal on Silicon (LCos) Sales Market. Increasing demand for imaging applications, high definition TVs, and video formats require Ferroelectrics micro displays providing high-resolution images boosting the growth of the types segment. The application segment is divided into Plane, Car, Optical 3D Measurement, Medical, Military, and Others.
North America is Anticipated to Lead the Liquid Crystal on Silicon (LCoS) Market
North America is expected to hold a significant share of the market owing to the increasing demand for projectors and consumer electronics. Virtual gaming along with military and medical sectors have an increasing demand for handheld displays and spatial displays, which is likely to contribute to the growth of the Global Liquid Crystal on Silicon (LCos) sales market.
Showcasing Products & Collaborations: A Major Strategy of the Key Players
Key players are providing innovative solutions and are keen to promote and participate in collaborative activities and events. For instance, Syndiant Inc., a premier provider of micro display solutions participated in the 2019 Consumer Electronics Show in Las Vegas, Nevada to showcase its micro-displays and optical engine platforms.
Some of the key players operating in the market are Aaxa Technologies, 3M, Canon, Barco, Forth Dimension displays, Himax display, Hitachi, JVC Kenwood, Pioneer, Microvision, Holoeye Systems, Silicaonmicrodisplay, Sony, LG Electronics, Microvision, Shenzhen Coolux Science and Technology, Syndiant, Citizen Finetech Miyota, Guangzhou Weijie Electronic Technology, and Canon.
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