Waveguide Display Market Report: Trends, Forecast and Competitive Analysis to 2030

Waveguide Display Trends and Forecast

The future of the global waveguide display market looks promising with opportunities in the inspection device, high-performance server, printer, aircraft, automobile, smartphones & tablet, super-high vision, medical equipment, computing, and router markets. The global waveguide display market is expected to reach an estimated $892 million by 2030 with a CAGR of 25.4% from 2024 to 2030. The major drivers for this market are the growing need for high-end display solutions like virtual reality (VR), augmented reality (AR), and holographic displays, advancement in waveguide display technology, such as better optics, downsizing, and higher picture quality, and increasing expenditures in research and development in the field of waveguide display technology to improve waveguide display performance, affordability, and scalability.

A more than 150-page report is developed to help in your business decisions.

Waveguide Display by Segment

The study includes a forecast for the global waveguide display by type, fabrication process, material, application, and region.

Waveguide Display Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Channel Waveguide
• Planar Waveguide

Waveguide Display Market by Fabrication Process [Shipment Analysis by Value from 2018 to 2030]:

• Lithography Method
• Microreplication Method
• Photo-Address Method

Waveguide Display Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Electro-Optic Waveguide
• Silicon Waveguide
• Semiconductor Waveguide
• Glass Waveguide
• Polymer Waveguide
• Others

Waveguide Display Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Inspection Devices
• High-Performance Server
• Printers
• Aircraft
• Automobiles
• Smartphones & Tablets
• Super-High Vision
• Medical Equipment
• Computing
• Router

Waveguide Display Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Waveguide Display Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies waveguide display companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the waveguide display companies profiled in this report include-

• Waveguide Optical Technologies
• HFCL
• LEONI
• Fujikura
• Corning
• Sterlite Technologies
• Furukawa Electric
• TCL Technology
• Prysmian
• Focally

Waveguide Display Market Insights

Lucintel forecasts that channel waveguide will remain the larger segment over the forecast period.

APAC will remain the largest region over the forecast period due to the region's expanding gaming and entertainment business as well as growing demand for gaming goods in the region.

Features of the Global Waveguide Display Market

Market Size Estimates: Waveguide display market size estimation in terms of value ($M).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Waveguide display market size by various segments, such as by type, fabrication process, material, application, and region in terms of value ($M).

Regional Analysis: Waveguide display market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, fabrication process, material, application, and regions for the waveguide display market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the waveguide display market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the waveguide display market size?

Answer: The global waveguide display market is expected to reach an estimated $892 million by 2030.

Q2. What is the growth forecast for waveguide display market?

Answer: The global waveguide display market is expected to grow with a CAGR of 25.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the waveguide display market?

Answer: The major drivers for this market are the growing need for high-end display solutions like virtual reality (VR), augmented reality (AR), and holographic displays, advancement in waveguide display technology, such as better optics, downsizing, and higher picture quality, and increasing expenditures in research and development in the field of waveguide display technology to improve waveguide display performance, affordability, and scalability.

Q4. What are the major segments for waveguide display market?

Answer: The future of the global waveguide display market looks promising with opportunities in the inspection device, high-performance server, printer, aircraft, automobile, smartphones & tablet, super-high vision, medical equipment, computing, and router markets.

Q5. Who are the key waveguide display market companies?

Answer: Some of the key waveguide display companies are as follows:

• Waveguide Optical Technologies
• HFCL
• LEONI
• Fujikura
• Corning
• Sterlite Technologies
• Furukawa Electric
• TCL Technology
• Prysmian
• Focally

Q6. Which waveguide display market segment will be the largest in future?

Answer: Lucintel forecasts that channel waveguide will remain the larger segment over the forecast period.

Q7. In waveguide display market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to the region's expanding gaming and entertainment business as well as growing demand for gaming goods in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the waveguide display market by type (channel waveguide and planar waveguide), fabrication process (lithography method, microreplication method, and photo-address method), material (electro-optic waveguide, silicon waveguide, semiconductor waveguide, glass waveguide, polymer waveguide, and others), application (inspection devices, high-performance server, printers, aircraft, automobiles, smartphones & tablets, super-high vision, medical equipment, computing, and router), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?