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Microdisplay market is expected to grow US$ 8942.3 million by 2025 from US$ 845.3 million in 2016. The sales of Microdisplays is largely influenced by numerous economic and non-economic factors. The sales pattern for Microdisplays have faced similar ups and downs as the global economy. Therefore, the global economy plays a key role in the development of Microdisplay market.. Amongst the non-economic factors, application markets influence their sales. Healthcare, military & defense, automobile and consumer electronics sectors are the application markets for Microdisplay. The automobile and industrial sectors are expected to have a large impact on the growth of Microdisplays market. Also for the consumer electronics industry, entertainment vertical is expected to witness high usage of AR VR devices and other HMDs where Microdisplays are required.
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