Microdisplays Market Size, Share & Trends Analysis Report By Product (Near-To-Eye, Projection, Others), By Technology (LCD, LCoS, OLED, DLP), By Application, By Region, And Segment Forecasts, 2024 - 2030
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Mexico Air Conditioning And Ventilation System Market Growth & Trends
The Mexico air conditioning and ventilation system market size is anticipated to reach USD 1,191.8 million by 2030 and is projected to grow at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Various factors, including economic development, climate changes, and technological advancements, drive the market growth. As Mexico continues to experience warmer temperatures due to global warming, the demand for efficient cooling systems in residential, commercial, and industrial sectors is rising. This, coupled with increasing consumer awareness about energy-efficient products and government initiatives promoting sustainability, is expected to fuel the market's expansion.
Mexico has shown steady progress, with an increase in disposable income among its middle class. This economic upliftment has led to a surge in construction activities, especially in urban areas, further propelling the demand for advanced air conditioning and ventilation systems. The real estate boom, not just in residential but also in commercial sectors such as shopping malls, hotels, and offices, requires sophisticated cooling solutions to ensure comfort and air quality.
Furthermore, manufacturers are increasingly focusing on developing eco-friendly and energy-saving products in response to regulatory standards and environmental concerns. These advancements are expected to not only improve the functionality of air conditioning and ventilation systems but also contribute to the market's growth by appealing to environmentally conscious consumers.
Mexico Air Conditioning And Ventilation System Market Report Highlights
Mexico Air Conditioning And Ventilation System Market Growth & Trends
The Mexico air conditioning and ventilation system market size is anticipated to reach USD 1,191.8 million by 2030 and is projected to grow at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Various factors, including economic development, climate changes, and technological advancements, drive the market growth. As Mexico continues to experience warmer temperatures due to global warming, the demand for efficient cooling systems in residential, commercial, and industrial sectors is rising. This, coupled with increasing consumer awareness about energy-efficient products and government initiatives promoting sustainability, is expected to fuel the market's expansion.
Mexico has shown steady progress, with an increase in disposable income among its middle class. This economic upliftment has led to a surge in construction activities, especially in urban areas, further propelling the demand for advanced air conditioning and ventilation systems. The real estate boom, not just in residential but also in commercial sectors such as shopping malls, hotels, and offices, requires sophisticated cooling solutions to ensure comfort and air quality.
Furthermore, manufacturers are increasingly focusing on developing eco-friendly and energy-saving products in response to regulatory standards and environmental concerns. These advancements are expected to not only improve the functionality of air conditioning and ventilation systems but also contribute to the market's growth by appealing to environmentally conscious consumers.
Mexico Air Conditioning And Ventilation System Market Report Highlights
- Based on product, the ventilation system segment held 64.3% of the volume share in 2023. Awareness of the importance of indoor air quality is increasing, especially in the wake of global health concerns. Buildings, whether commercial or industrial, need proper ventilation to ensure a safe and comfortable environment by removing pollutants, smoke, dust, and odors.
- The rising installation of inclusive ambient air quality monitoring systems, regular emissions inventory, and organization of air quality management programs to improve public health are expected to increase the demand for air purifiers over the coming years.
- The expansion of the air handling units (AHUs) market in Mexico is driven by various factors, such as the heightened emphasis on energy conservation, the enforcement of rigorous building norms and regulations, and an increasing awareness of the importance of maintaining superior indoor air quality. In addition, the surge in the implementation of smart and interconnected HVAC systems is playing a pivotal role in propelling market expansion.
- In January 2024, LG Electronics announced the opening of a new scroll compressor production line at its factory in Monterrey, Mexico. This new line will bolster LG’s scroll compressor manufacturing infrastructure, enabling the company to produce more of its acclaimed, eco-conscious solutions while creating a shorter supply chain for servicing customers across North America.
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. MICRODISPLAYS MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.3.3. Industry Opportunities
3.3.4. Industry Challenges
3.4. Microdisplays Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
CHAPTER 4. MICRODISPLAYS MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Microdisplays Market: Product Movement Analysis, USD Million, 2023 & 2030
4.3. Near-To-Eye
4.3.1. Near-To-Eye Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Projection
4.4.1. Projection Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Others
4.5.1. Other Products Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 5. MICRODISPLAYS MARKET: TECHNOLOGY ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Microdisplays Market: Technology Movement Analysis, USD Million, 2023 & 2030
5.3. Liquid Crystal Display (LCD)
5.3.1. Liquid Crystal Display (LCD) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Organic Light-emitting Diode (OLED)
5.4.1. Organic Light-emitting Diode (OLED) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Digital Light Processing (DLP)
5.5.1. Digital Light Processing (DLP) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.6. Liquid Crystal on Silicon (LCoS)
5.6.1. Liquid Crystal on Silicon (LCoS) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 6. MICRODISPLAYS MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
6.1. Segment Dashboard
6.2. Microdisplays Market: Application Analysis, USD Million, 2023 & 2030
6.3. Consumer Electronics
6.3.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Military & Defense
6.4.1. Military & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Medical Applications
6.5.1. Medical Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Industrial Systems
6.6.1. Industrial Systems Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.7. Automotive
6.7.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.8. Others
6.8.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 7. MICRODISPLAYS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
7.1. Microdisplays Market Share, By Region, 2023 & 2030, USD Million
7.2. North America
7.2.1. North America Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Canada Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.4. Mexico
7.2.4.1. Mexico Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.2. UK
7.3.2.1. UK Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.3. Germany
7.3.3.1. Germany Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.4. France
7.3.4.1. France Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.2. China
7.4.2.1. China Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.3. Japan
7.4.3.1. Japan Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.4. India
7.4.4.1. India Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.5. South Korea
7.4.5.1. South Korea Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.6. Australia
7.4.6.1. Australia Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
7.5.1. Latin America Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5.3. Argentina
7.5.3.1. Argentina Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Middle East and Africa
7.6.1. Middle East and Africa Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6.2. Saudi Arabia
7.6.2.1. Saudi Arabia Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6.3. UAE
7.6.3.1. UAE Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6.4. South Africa
7.6.4.1. South Africa Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 8. COMPETITIVE LANDSCAPE
8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
8.4.1. LG DISPLAY CO., LTD.
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Recent Developments/ Strategic Initiatives
8.4.2. eMagin. (SAMSUNG DISPLAY)
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Recent Developments/ Strategic Initiatives
8.4.3. Sony Corporation
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Recent Developments/ Strategic Initiatives
8.4.4. KOPIN
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Recent Developments/ Strategic Initiatives
8.4.5. AUO Corporation
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Recent Developments/ Strategic Initiatives
8.4.6. Micron Technology, Inc.
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Recent Developments/ Strategic Initiatives
8.4.7. Himax Technologies, Inc.
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Recent Developments/ Strategic Initiatives
8.4.8. Syndiant
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Recent Developments/ Strategic Initiatives
8.4.9. UNIVERSAL DISPLAY
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Recent Developments/ Strategic Initiatives
8.4.10. MicroVision
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Recent Developments/ Strategic Initiatives
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. MICRODISPLAYS MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.3.3. Industry Opportunities
3.3.4. Industry Challenges
3.4. Microdisplays Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
CHAPTER 4. MICRODISPLAYS MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Microdisplays Market: Product Movement Analysis, USD Million, 2023 & 2030
4.3. Near-To-Eye
4.3.1. Near-To-Eye Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Projection
4.4.1. Projection Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Others
4.5.1. Other Products Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 5. MICRODISPLAYS MARKET: TECHNOLOGY ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Microdisplays Market: Technology Movement Analysis, USD Million, 2023 & 2030
5.3. Liquid Crystal Display (LCD)
5.3.1. Liquid Crystal Display (LCD) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Organic Light-emitting Diode (OLED)
5.4.1. Organic Light-emitting Diode (OLED) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Digital Light Processing (DLP)
5.5.1. Digital Light Processing (DLP) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.6. Liquid Crystal on Silicon (LCoS)
5.6.1. Liquid Crystal on Silicon (LCoS) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 6. MICRODISPLAYS MARKET: APPLICATION ESTIMATES & TREND ANALYSIS
6.1. Segment Dashboard
6.2. Microdisplays Market: Application Analysis, USD Million, 2023 & 2030
6.3. Consumer Electronics
6.3.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Military & Defense
6.4.1. Military & Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Medical Applications
6.5.1. Medical Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Industrial Systems
6.6.1. Industrial Systems Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.7. Automotive
6.7.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.8. Others
6.8.1. Other Applications Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 7. MICRODISPLAYS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
7.1. Microdisplays Market Share, By Region, 2023 & 2030, USD Million
7.2. North America
7.2.1. North America Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Canada Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.2.4. Mexico
7.2.4.1. Mexico Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.2. UK
7.3.2.1. UK Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.3. Germany
7.3.3.1. Germany Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.3.4. France
7.3.4.1. France Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.2. China
7.4.2.1. China Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.3. Japan
7.4.3.1. Japan Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.4. India
7.4.4.1. India Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.5. South Korea
7.4.5.1. South Korea Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4.6. Australia
7.4.6.1. Australia Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
7.5.1. Latin America Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5.3. Argentina
7.5.3.1. Argentina Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Middle East and Africa
7.6.1. Middle East and Africa Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6.2. Saudi Arabia
7.6.2.1. Saudi Arabia Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6.3. UAE
7.6.3.1. UAE Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6.4. South Africa
7.6.4.1. South Africa Microdisplays Market Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 8. COMPETITIVE LANDSCAPE
8.1. Recent Developments & Impact Analysis by Key Market Participants
8.2. Company Categorization
8.3. Company Heat Map Analysis
8.4. Company Profiles
8.4.1. LG DISPLAY CO., LTD.
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Recent Developments/ Strategic Initiatives
8.4.2. eMagin. (SAMSUNG DISPLAY)
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Recent Developments/ Strategic Initiatives
8.4.3. Sony Corporation
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Recent Developments/ Strategic Initiatives
8.4.4. KOPIN
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Recent Developments/ Strategic Initiatives
8.4.5. AUO Corporation
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Recent Developments/ Strategic Initiatives
8.4.6. Micron Technology, Inc.
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Recent Developments/ Strategic Initiatives
8.4.7. Himax Technologies, Inc.
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Recent Developments/ Strategic Initiatives
8.4.8. Syndiant
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Recent Developments/ Strategic Initiatives
8.4.9. UNIVERSAL DISPLAY
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Recent Developments/ Strategic Initiatives
8.4.10. MicroVision
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Recent Developments/ Strategic Initiatives
