The surging use of near-to-eye (NTE) devices is also creating an extensive requirement for microdisplays worldwide. At present, consumer electronic product manufacturers are increasingly manufacturing microdisplays equipped with NTE-device-based applications, such as HUDs, augmented reality (AR)/VR, full-color projection devices, mobile phones, and cameras to meet the high-volume demand for such devices from several end-use industries. For instance, the media and entertainment and gaming industries are creating a huge demand for NTE-enabled AR/VR devices, whereas, the automotive and military sectors are adopting an enormous volume of HUDs. The product type segment of the microdisplay market is categorized into NTE device, projector, HUD, and others, such as rifle scopes, thermal imaging glasses, and monocular and binocular systems. Among these, the HUD category is projected to demonstrate the fastest growth during the forecast period, owing to the surging public awareness about ve...