Liquid Crystal on Silicon (LCOS) Market - Forecast(2024 - 2030)

Liquid crystal on silicon (LCoS or LCOS) is size is estimated to reach $3341.2 million by 2030, growing at a CAGR of 6.60% during the forecast period 2024-2030. It is also referred to as a spatial light modulator. LCoS was initially developed for projection televisions but is now used for wavelength selective switching, structured illumination, near-eye displays and optical pulse shaping. By way of comparison, some LCD projectors use transmissive LCD, allowing light to pass through the liquid crystal. In a LCoS display, a CMOS chip controls the voltage on square reflective aluminium electrodes buried just below the chip surface, each controlling one pixel.

Rising demand for high resolution display is expected to boost LCoS market growth. LCoS-based products offer various advantages such as higher quality and more precise results than technologies such as Liquid Crystal Display (LCD) and Digital Light Processing (DLP). The key drivers for LCoS are open technology platform capability, compatibility with a wide range of products and superiority in terms of competing technology. However, LCoS-based displays are more expensive and there are limited players in the market. These displays are often used in projectors; high demand for projectors during sports events is expected to serve as a key market opportunity for the LCoS market.

Major products that use this technology are Head-Mounted Display (HMD), Head-Up Display (HUD) and projectors. Projectors hold the largest market share owing to a large number of applications. HUD is used for training and simulation purposes and also used in aircrafts or high-end cars. Along with aviation and military applications, HMDs are also used in medicine, research, gaming and sports activities.

This report identifies the global Liquid Crystal on Silicon market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects with respect to global Liquid Crystal on Silicon market.
 
Geographically, North America is a key market for Liquid Crystal on Silicon. Asia-Pacific is estimated to witness the highest growth during the forecast period and North America is estimated to hold the highest share in Liquid Crystal on Silicon market followed by Europe.

This report segments global Liquid Crystal on Silicon market on the basis of product, application and regional market as follows:

• Global Liquid Crystal on Silicon Market, by Application: Automotive, Aviation, Consumer Electronics, Medical, Military and Optical 3D Measurement
• Global Liquid Crystal on Silicon Market, by Product: Projector, HMD and HUD
• This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) covering all the major country level markets in each of the region.

This report identifies all the major companies operating in the global Liquid Crystal on Silicon market. Some of the major companies’ profiles in detail are as follows:

• 3M
• Himax Display Inc.
• Cannon Inc.
• JVC Kenwood Corporation
• Pioneer Corporation

Key Market Players:

The Top 5 companies in Liquid Crystal on Silicon (LCOS) Market are:

1. Sony
2. Omnivision Technology
3. Holoeye Photonics
4. Hamamatsu Photonics
5. Santec Holdings