# Microdisplay Market To Reach About $5,536 Million in 2030

The total **[size of the microdisplay market](https://www.psmarketresearch.com/market-analysis/microdisplay-market-outlook)** will grow at a compound annual growth rate of over 17% in the years to come to reach a value of about $5,536 million in 2030. The main factors which are responsible for the development of the industry are the increasing acceptance of head-up display integrated advanced driver assistance systems and cumulative count of near-to-eye applications.

Projectors had the maximum demand in the recent past. This has a lot to do with the increasing acceptance of data projectors in the education and business industries. Furthermore, the initiatives of the government for snowballing the acceptance of digital technologies are one of the primary reasons for the growing requirement for projectors.


The more than 1,000 nits will grow the fastest in the near future. This has a lot to do with the increasing requirement for HMDs because of the growing acceptance of AR/VR devices. The screens having high-brightness are put to use in HMDs in industries like military & defense medical devices, and aerospace to get a clear sight of an object or image.

APAC was the industrial dominator in the past, and it will continue like this in the future as well. Furthermore, the microdisplay market of the APAC will be the fastest growing in the future. This is because of the existence of a considerable number of manufacturers, which is the reason for the fall in prices of these products and a surge in the penetration of microdisplay-based devices.