Summary
The nascent global augmented reality market is expected to exceed $60 billion in 2023, and offers a lot of growth opportunitites. We expect Augmented Reality to become a part of everyday life as AR smart glasses will make people more connected than ever, in real time, with hands-free and heads-up toward the world. They will also be used to increase productivity for companies in most industries.
The race to produce the first pair of commercially successful augmented reality glasses is on, but all products present major drawbacks such as low brightness, low resolution, big size, small field of view, reduced eye box resulting in limited experience. All major drawbacks are linked to microdisplays' weaknesses.
Many miniaturised components from the smartphone industry can be integrated into smart glasses but the display is the bottleneck and the main challenge for manufacturers.
Current commercialized microdisplays will never meet requirements to produce cutting-edge smart glasses. A new generation of microdisplay has to emerge.
MicroLED technology, the same LED technology which revolutionized general lighting 10 years ago but scaled down to microscale pixels, is the most promising solution and must be developed.
MicroLED displays have the potential to change everything as they can offer unparalleled higher brightness, a better reliability be more compact, offer lower latency, provide better contrast ratio and be energy efficient compared to current display technologies. This is exactly what the AR smart glasses market needs.
Our latest breakthrough innovation will bring the solution by allowing the fabrication of full color RGB matrices for high-end microdisplays, completely adapted to cutting-edge augmented & mixed reality smart glasses.
It is a great opportunity and a good timing to scale-up Novagan in the global microdisplay market.
The race to produce the first pair of commercially successful augmented reality glasses is on, but all products present major drawbacks such as low brightness, low resolution, big size, small field of view, reduced eye box resulting in limited experience. All major drawbacks are linked to microdisplays' weaknesses.
Many miniaturised components from the smartphone industry can be integrated into smart glasses but the display is the bottleneck and the main challenge for manufacturers.
Current commercialized microdisplays will never meet requirements to produce cutting-edge smart glasses. A new generation of microdisplay has to emerge.
MicroLED technology, the same LED technology which revolutionized general lighting 10 years ago but scaled down to microscale pixels, is the most promising solution and must be developed.
MicroLED displays have the potential to change everything as they can offer unparalleled higher brightness, a better reliability be more compact, offer lower latency, provide better contrast ratio and be energy efficient compared to current display technologies. This is exactly what the AR smart glasses market needs.
Our latest breakthrough innovation will bring the solution by allowing the fabrication of full color RGB matrices for high-end microdisplays, completely adapted to cutting-edge augmented & mixed reality smart glasses.
It is a great opportunity and a good timing to scale-up Novagan in the global microdisplay market.
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/869124 |
| Start date: | 01-05-2019 |
| End date: | 31-10-2019 |
| Total budget - Public funding: | 71 429,00 Euro - 50 000,00 Euro |
Cordis data
Original description
The nascent global augmented reality market is expected to exceed $60 billion in 2023, and offers a lot of growth opportunitites. We expect Augmented Reality to become a part of everyday life as AR smart glasses will make people more connected than ever, in real time, with hands-free and heads-up toward the world. They will also be used to increase productivity for companies in most industries.The race to produce the first pair of commercially successful augmented reality glasses is on, but all products present major drawbacks such as low brightness, low resolution, big size, small field of view, reduced eye box resulting in limited experience. All major drawbacks are linked to microdisplays' weaknesses.
Many miniaturised components from the smartphone industry can be integrated into smart glasses but the display is the bottleneck and the main challenge for manufacturers.
Current commercialized microdisplays will never meet requirements to produce cutting-edge smart glasses. A new generation of microdisplay has to emerge.
MicroLED technology, the same LED technology which revolutionized general lighting 10 years ago but scaled down to microscale pixels, is the most promising solution and must be developed.
MicroLED displays have the potential to change everything as they can offer unparalleled higher brightness, a better reliability be more compact, offer lower latency, provide better contrast ratio and be energy efficient compared to current display technologies. This is exactly what the AR smart glasses market needs.
Our latest breakthrough innovation will bring the solution by allowing the fabrication of full color RGB matrices for high-end microdisplays, completely adapted to cutting-edge augmented & mixed reality smart glasses.
It is a great opportunity and a good timing to scale-up Novagan in the global microdisplay market.
Status
CLOSEDCall topic
EIC-SMEInst-2018-2020Update Date
27-10-2022
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