PR Newswire
26 Jul 2022, 09:34 GMT+10
LONDON, July 26, 2022 /PRNewswire/ -- Display shipments for applications featuring near-eye displays are expected to reach 25.3 million units in 2022, up 73.8% year-over-year (YoY), before reaching 139 million units in 2028, based on Omdia's latest Near Eye Display for XR Application Report - 2022.
Omdia sees three main influencers behind this growth. Firstly, sales of XR (including AR, VR and MR) end devices are growing due to increasing gaming, industrial, medical and commercial demand; secondly, brands are preferring to adopt a dual-display design to replace the original single-display design and improving users' visual experiences and thirdly, the well-established ecosystem from brands like Metaverse, Apple and their multiple device screen strategy.
Omdia expects revenue growth to peak in 2023 primarily because more brands are expected to adopt OLED on silicon (OLEDoS) for near-eye devices in 2023 with higher unit prices.
VR displays can be either single- or dual-display. The requirements for VR displays include higher resolution to achieve higher pixels per degree (PPD) and a lower screen-door effect.
Kimi Lin, Senior Research Analyst, said: "Popular TFT LCD and AMOLED displays used for smartphones are also applicable to VR devices. The VR display supply chain is mature because popular TFT-based LCD or AMOLED displays are widely used and panel makers are already established, including Japan Display Inc. (JDI), Sharp Corp., Samsung Display, AUO, BOE Technology, Innolux Corp., China Star, and Sony. Presently, more brands are increasingly trying to use OLEDoS for VR applications to enable better visual effects."
OLEDoS can be used for both VR and AR applications and provide better visual performance than AMOLED and LTPS LCD displays in VR applications. Companies like Kopin, eMagin and Sony are leading the industry while OLEDoS has attracted the attention of and investment from many Chinese companies such as BOE, SeeYa, Olightek, and Sidtek with the up to the end of 2021 total investment has been $4.5 billion.
About Omdia:
Omdia is a leading research and advisory group focused on the technology industry. With clients operating in over 120 countries, Omdia provides market-critical data, analysis, advice, and custom consulting.
Contact:
Fasiha Khan / T: +44 7503 666806 / E: [email protected]
Visit Omdia
SOURCE Omdia
Get a daily dose of Singapore Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Singapore Star.
More InformationPASADENA, California: Because many people are worried about dangerous chemicals in smoke, ash, and debris from recent wildfires, Los...
WASHINGTON, D.C.: President Donald Trump, who had often complained about weak water pressure in showers, has signed an order to remove...
NEW DELHI, India: Apple has ramped up shipments of iPhones from India to the United States, chartering aircraft to move hundreds of...
WASHINGTON, D.C.: The U.S. Commerce Department during the week ended about US$4 million in funding to Princeton University for assessing...
HONG KONG: A Hong Kong social worker has been handed a prison sentence of nearly four years after a retrial linked to the 2019 pro-democracy...
LONDON, UK: The United States has pulled out of international talks in London about reducing pollution from ships. These talks are...
NEW YORK, New York - Automakers and tech companies helped to lift U.S, stock indices Monday as stock markets around the world saw a...
NEW DELHI, India: India is pushing to fast-track a trade agreement with the United States following a temporary pause on new tariffs,...
HANOI, Vietnam: Vietnam is preparing a series of trade enforcement measures as it scrambles to shield itself from sweeping U.S. tariffs,...
TAIPEI, TAIWAN: A strong push from artificial intelligence demand lifted TSMC's quarterly revenue to new highs, with the chipmaker...
PITTSBURGH, Pennsylvania: Aurora Innovation says its driverless trucks will eventually be equipped to handle tough weather conditions,...
WASHINGTON, D.C.: The U.S. Treasury will step more firmly into bank regulation to ensure better balance and less burdensome oversight,...