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: fasiha.khan@omdia.com
Visit Omdia
Donate To The Indian Sun
Dear Reader,The Indian Sun is an independent organisation committed to community journalism. We have, through the years, been able to reach a wide audience especially with the growth of social media, where we also have a strong presence. With platforms such as YouTube videos, we have been able to engage in different forms of storytelling. However, the past few years, like many media organisations around the world, it has not been an easy path. We have a greater challenge. We believe community journalism is very important for a multicultural country like Australia. We’re not able to do everything, but we aim for some of the most interesting stories and journalism of quality. We call upon readers like you to support us and make any contribution. Do make a DONATION NOW so we can continue with the volume and quality journalism that we are able to practice.
Thank you for your support.
Best wishes,
Team The Indian Sun
