TechNavio recognizes the following companies as the key players in the Global Liquid Crystal on Silicon Market: Canon Inc., JVC Kenwood Corp., Syndiant Inc., and Sony Corp.
Commenting on the report, an analyst from TechNavio’s Hardware team said: ”An important trend in the Global LCoS market is the steadily declining ASP of LCoS during the forecast period. The expected causes of this price reduction are the lower raw material and manufacturing costs and the increasing R and D spending by manufacturers. The declining ASP of LCoS will increase the adoption of LCoS-based devices, thereby effectively reducing competition from alternative technologies such as DLPs and LCDs. It will also facilitate the HUD and HMD manufacturers to expand their target market to include the price-sensitive consumer segments. In addition, the declining ASP is expected to result in an increase in the number of applications for LCoS, which will contribute to the growth of this market during the forecast period.”
According to the report, one of the main drivers in this market is the increasing adoption of LCoS in the Automotive sector. In recent years, the Automotive sector has accounted for a major part of the demand for LCoS-based display systems. The increasing adoption of HUDs in high-end automobiles and sports cars is expected to foster the growth of the Global LCoS market in the next few years. Furthermore, the declining ASPs of HUDs is expected to increase the adoption of LCoS-based display systems in all car segments.
Further, the report states that one of the main challenges in this market is the increasing competition from alternative display technologies such as LCD and DLP. Although these alternative technologies are not capable of the delivering the same high performance as LCoS, the low cost of LCD and DLP-based devices is hindering the growth of the Global LCoS market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are 3M Co., Himax Technologies Inc., Holoeye Systems Inc., LG Electronics, Pioneer Corp., Microvision Inc., Aurora Systems Inc., ColorLink Japan Ltd., eLCOS Microdisplay Technology Inc., JDS Uniphase Corp., MicroDisplay Corp., and Koniklijke Philips Electronics N.V.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-liquid-crystal-silicon-market-20…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Hardware market research, please visit https://www.technavio.com/hardware
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TechNavio Announces the Publication of its Research Report – Global Liquid Crystal on Silicon Market 2012-2016
