Liquid Crystal on Silicon (LCoS) Market Growth - Rising At 30.3% CAGR By 2018

Liquid crystal on silicon (LCoS) market is growing at a considerable rate. It is likely to grow at around 30.3 % CAGR by 2018. LCoS based products provide superior quality over LCD (liquid crystal display) and DLP (digital light processing). For Market Research Report on “Liquid Crystal on Silicon (LCoS) Market” Visit – Liquid crystal on silicon (LCOS or LCoS) is a reflective display of liquid-crystals which is active-matrix. It is made small by making use of a layer of liquid crystal at the apex of a silicon backplane. The pivotal factors driving the liquid crystal on silicon (LCoS) market are open technology platforms, compatibility with variety of products and superior technology. However, high costs of products and fewer players in the industry are likely to restrain the market over the coming years. The liquid crystal on silicon (LCoS) market can be fragmented into four major categories, including technologies, products, applications and geographies. The technologies market can be divided into NLC (nematics LCoS), ferroelectrics (F-LCoS) and WSS (wavelength selective switching). The liquid crystal on silicon (LCoS) market, on the basis of products, can be divided into HMD (head mount display), HUD (head-up display) and projectors. Projectors can be subdivided into DLP projectors, LCoS projectors and LCD projectors. The applications market includes military, aviation, automotives, medical and consumer electronics. Globally, in terms of share, North America leads the liquid crystal on silicon (LCoS) market. It is followed by Europe and Asia Pacific. Asia Pacific is the fastest growing market owing to usage of LCoS in China and India. Increased demand for liquid crystal on silicon from user applications is also projected to drive demand for the market. Liquid Crystal on Silicon (LCoS) Market Information Source: Radiant Insights