Microdisplay market by end-user vertical is segmented into Military & 
Defense, automotive, consumer electronics, healthcare, law enforcement and 
others. Miniaturization of consumer electronics has been followed since 
last 2 or 3 decades. In a constant effort to make the consumer electronic 
portable, handy and usable by for a customer, manufacturers have been 
looking for solutions that would reduce device sizes and consume less 
power. Thus, a progress in the direction of smaller feature sizes is 
expected to drive the microdisplay market.

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 The sales of Microdisplays is largely influenced by numerous economic and 
non-economic factors. The sales pattern for Microdisplays have faced 
similar ups and downs as the global economy. Therefore, the global economy 
plays a key role in the development of Microdisplay market. Amongst the 
non-economic factors, application markets influence their sales. 
Healthcare, military & defense, automobile and consumer electronics sectors 
are the application markets for Microdisplay. The automobile and industrial 
sectors are expected to have a large impact on the growth of Microdisplays 
market. Also for the consumer electronics industry, entertainment vertical 
is expected to witness high usage of AR VR devices and other HMDs where 
Microdisplays are required.

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