LCoS Display Market Size

Liquid Crystal on Silicon (LCos) Display Market Analysis

The Liquid Crystal on Silicon (LCoS) Display market is expected to register a CAGR of 16.15% over the forecast period. The increasing demand for high-resolution displays is expected to boost the liquid crystal-on-silicon (LCoS) display market. LCoS-based products offer higher quality and more precise results than the other competing technologies, such as liquid crystal display (LCD) and digital light processing (DLP).

• The liquid crystal on silicon (LCoS) panels has long been used as a light amplitude modulator for projection display applications. The LCoS panel can also be used as a pure phase modulator with proper liquid crystal mode and arrangement of incident light polarization. It also functions as a dynamic diffractive element.
• The demand for hand-held consumer electronics has increased over the years. However, the small size of the screen limited their usage. This resulted in using ultra-portable or pico projectors that allowed consumers to enjoy a large-screen experience in portable electronics, such as smartphones, notebook computers, digital media players, game consoles, and cameras.
• Therefore, the companies are offering LCoS panels and displays and are developing simple parallel processing to enable the most minor and highest resolution light modulating chips used in ultra-portable or pico projectors, which is driving the incorporation of LCoS technology in projectors.
• Pico projectors have applications in various industries. For instance, in the defense and aerospace industries, a pico projector can assist the armed forces with a 3D projection of the real-time location of enemy deployments, bunker locations, and plot charts of the sea or land-based enemies when integrated with devices.
• VDCDS, one of the world's leading providers of innovative display systems, has provided more than 5,000 simulation and training display systems (which primarily include ruggedized and motion-capable LCoS) as a contractor on multiple Federal contracts to support the Air Force, Marines, National Guard, Navy, and commercial businesses in the United States.
• However, compared to competitive technologies like LCD and LED, the cost of technology is hindering the market. In addition, LCoS microdevices are challenging to manufacture, because of which several companies, including Intel, have abandoned their efforts after consistently low yields in manufacturing.