Stratistics MRC에 따르면, 세계의 실리콘 액정표시장치 시장은 2025년 26억 달러를 차지하고, 예측 기간 중 CAGR 9.1%로 성장하여 2032년까지 48억 달러에 이를 전망입니다.
실리콘 액정표시장치(LCoS)은 실리콘의 백플레인 위에 액정층을 집적한 디스플레이 기술로 고해상도 반사형 이미징을 가능하게 합니다.
자동차용 헤드업 디스플레이(HUD) 수요 증가
소비자들이 첨단 안전 기능과 증강현실(AR) 디스플레이를 추구하는 가운데 자동차 제조업체는 LCoS를 활용하여 뛰어난 시각적 명료성을 실현하고 있습니다. 또한, 전동화나 자율주행차로의 전환은 세련된 디스플레이 기술에 대한 수요를 더욱 밀어 올리고 있습니다.
OLED, DLP, 마이크로 LED 경쟁
OLED, DLP, MicroLED의 경쟁 디스플레이 기술은 휘도, 에너지 효율, 응답 속도 향상을 실현하고, 다양한 업계의 제조업체를 매료하고 있습니다. MicroLED는 소형화된 고성능 스크린의 가능성으로 인기를 끌고 있습니다.
바이오메디컬 이미징과 홀로그래피로 확대
LCoS는 고해상도 실시간 이미징을 가능하게 하며 의료 진단 및 고급 이미징 시스템에 도움이 됩니다. 정확한 시각화를 용이하게 해, 질병의 발견이나 연구를 강화합니다. 또한, 증강현실(AR)이나 복합 현실(MR) 용도의 홀로그래픽 디스플레이에 대한 관심이 높아지고 있어, LcoS 제조업체에 새로운 수익 기회를 가져오고 있습니다.
신흥 시장에서 낮은 인지도
실리콘 액정 기술은 선진 지역에서는 널리 인지되고 있지만, 신흥국 시장에서는 인지도와 채용률이 비교적 낮습니다. 이점에 관한 지식 부족이, 초기 투자 비용의 높이와 함께, 기술 인프라가 발전 도상의 나라에서의 보급을 늦추고 있습니다. 또한, 특정 지역에서는 고속 인터넷이나 광 컴퍼넌트의 입수가 한정되어 있다.
COVID-19의 대유행은 실리콘 액정표시장치 시장에 다양한 영향을 주었으며 공급망과 수요 모두에 영향을 주었습니다. 하지만 팬데믹은 디지털 디스플레이, 원격회의 솔루션, 생물의학 이미징 시스템의 채용을 가속화하여 간접적으로 LCoS 용도를 밀어 올렸습니다.
예측기간 동안 마이크로디스플레이 분야가 최대화될 전망
마이크로디스플레이 분야는 컴팩트한 사이즈, 고해상도 이미징, 에너지 효율이 뛰어난 동작으로 예측기간 동안 최대 시장 점유율을 차지할 것으로 예상되며, 마이크로디스플레이는 프로젝터, AR/VR 헤드셋, HUD, 의료용 이미징 디바이스에 널리 사용되고 있습니다. 그리고 선명한 시각을 제공하는 능력은 고급 디스플레이 용도에 이상적인 선택이 되고 있습니다.
예측 기간 동안 의료용 이미징 시스템 분야의 CAGR이 가장 높아질 전망
예측 기간 동안 의료용 이미지 처리 시스템 분야는 가장 높은 성장률을 보일 것으로 예측됩니다. 이는 의료용 이미지 프로세싱에서 실리콘 상의 액정 기술의 사용이 해부학적 구조의 상세한 시각화를 용이하게 하고 진단, 수술, 조사에 도움이 되기 때문입니다.
예측기간 중 아시아태평양은 급속한 기술진보와 강력한 산업현재에 힘입어 최대 시장 점유율을 차지할 것으로 예측됩니다. 동지역의 자동차 산업과 가전 산업이 활황을 보이고 있는 것 외에 의료용 화상 처리와 증강현실(AR)에 대한 투자가 증가하고 있는 것도, 동 시장의 우위성에 기여하고 있습니다.
예측 기간 동안 북미가 가장 높은 CAGR을 나타낼 것으로 예측됩니다. 미국과 캐나다는 혁신적인 디스플레이 솔루션, 홀로그래픽 이미징, 스마트 차량 탑재 HUD를 개발하는 주요 기업을 보유하고 있습니다.
According to Stratistics MRC, the Global Liquid Crystal on Silicon Market is accounted for $2.6 billion in 2025 and is expected to reach $4.8 billion by 2032 growing at a CAGR of 9.1% during the forecast period. Liquid Crystal on Silicon (LCoS) is a display technology that integrates liquid crystal layers onto a silicon backplane, enabling high-resolution, reflective imaging. Used in applications like projectors, optical communication, and augmented reality, LCoS delivers superior contrast, color accuracy, and pixel density compared to traditional display technologies. By modulating light through liquid crystal arrays, it enhances visual performance while maintaining energy efficiency.
Rising demand for head-up displays (HUDs) in automotive
As consumers demand advanced safety features and augmented reality displays, automakers are leveraging LCoS for superior visual clarity. Enhanced color reproduction and high resolution make LCoS a preferred choice for next-generation HUDs, enabling seamless navigation assistance and driver awareness. Additionally, the shift toward electrification and autonomous vehicles is further boosting demand for sophisticated display technologies. The evolution of smart cockpits and connected vehicles is expected to sustain the market's upward trajectory in the coming years.
Competition from OLED, DLP, and microled
OLED, DLP, and MicroLED technologies competing display technologies offer enhanced brightness, energy efficiency, and faster response times, attracting manufacturers in various industries. OLED displays, known for their self-emissive properties, provide deeper blacks and higher contrast, making them a strong rival to LCoS. Similarly, MicroLEDs are gaining traction for their potential in miniaturized, high-performance screens. The preference for compact, high-luminance displays is challenging LCoS adoption across consumer electronics and automotive applications.
Expansion into biomedical imaging and holography
LCoS enables high-resolution, real-time imaging, benefiting medical diagnostics and advanced imaging systems. In biomedical fields, LCoS-based microscopes and imaging devices facilitate accurate visualization of tissues and biological structures, enhancing disease detection and research. Additionally, the growing interest in holographic displays for augmented and mixed reality applications is creating new revenue opportunities for LCoS manufacturers.
Limited awareness in emerging markets
Although Liquid Crystal on Silicon technology is widely recognized in developed regions, emerging markets have relatively low awareness and adoption rates. A lack of knowledge regarding its advantages, coupled with high initial investment costs, is slowing its penetration in countries with evolving technology infrastructures. Additionally, limited availability of high-speed internet and optical components in certain regions affects market expansion.
The COVID-19 pandemic had a mixed impact on the Liquid Crystal on Silicon market, affecting both supply chains and demand. During the crisis, disruptions in manufacturing, logistics, and raw material availability temporarily slowed production. However, the pandemic also accelerated the adoption of digital displays, remote conferencing solutions, and biomedical imaging systems, indirectly boosting LCoS applications. The heightened focus on contactless interactions and AR-based visualization tools helped sustain market demand.
The microdisplays segment is expected to be the largest during the forecast period
The microdisplays segment is expected to account for the largest market share during the forecast period due to compact size, high-resolution imaging, and energy-efficient operation, microdisplays are extensively used in projectors, AR/VR headsets, HUDs, and medical imaging devices. Their capability to deliver precise and clear visuals in miniaturized formats makes them an ideal choice for advanced display applications. The integration of augmented and virtual reality solutions in consumer electronics, automotive, and healthcare is further fueling the demand for microdisplays, ensuring sustained market growth.
The medical imaging systems segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the medical imaging systems segment is predicted to witness the highest growth rate owing to the utilization of Liquid Crystal on Silicon technology in medical imaging facilitates detailed visualization of anatomical structures, aiding in diagnostics, surgery, and research. With continuous advancements in holography, digital imaging, and optical visualization, LCoS-based systems are becoming an integral part of modern healthcare solutions. The rising emphasis on precision medicine and AI-powered diagnostic tools is expected to accelerate market growth, fostering innovation and technological breakthroughs in biomedical imaging.
During the forecast period, the Asia Pacific region is expected to hold the largest market share fueled by rapid technological advancements and strong industrial presence. Countries such as China, Japan, and South Korea are at the forefront of display technology innovations, driving the widespread adoption of LCoS. The region's booming automotive and consumer electronics industries, combined with increased investments in medical imaging and augmented reality, contribute to its market dominance.
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR driven by the region's strong R&D investments, technological leadership, and expanding biomedical applications. The United States and Canada host key players developing innovative display solutions, holographic imaging, and smart automotive HUDs. The growing demand for AR/VR applications in gaming, healthcare, and industrial sectors is propelling the expansion of LCoS-based technologies.
Key players in the market
Some of the key players in Liquid Crystal on Silicon Market include 3M, Barco NV, Burton Inc., Cannon Inc, Coretec Group, Himax Display Inc, Hitachi, Ltd., Holoeye Systems Inc, Holoxica, JVC Kenwood Corporation, LG Electronics Inc, Lightspace Technology Inc., Microvision Inc, Pioneer Corporation, Sony Corporation, Syndiant Inc and Voxon Photonics.
In March 2025, Barco launched a share buyback program, authorized by the Extraordinary General Meeting held on April 25, 2024. Through this buyback, Barco intends to repurchase shares on the open market under regulated conditions.
In February 2025, LG Electronics Inc. unveiled its latest digital signage solutions tailored for various B2B sectors, featuring advancements in micro LED technology and energy efficiency.
In January 2025, Sony announced that President Hiroki Totoki will assume the role of CEO starting April 1, 2025. Current Chairman and CEO Kenichiro Yoshida will continue as chairman. This leadership change aims to strengthen Sony's position in the entertainment sector.