Top 10 Companies in the Liquid Crystal on Silicon Industry (2025): Market Leaders Powering Next-Generation Displays

In Business Insights
December 31, 2025


The Global Liquid Crystal on Silicon (LCoS) Market was valued at USD 1,416 Million in 2022 and is projected to reach USD 1,737.6 Million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.0% during the forecast period (2023–2030). This sustained growth is being driven by the rising demand for high-resolution projection systems, the proliferation of augmented and virtual reality (AR/VR) technologies, and the increasing adoption of LCoS in head-up displays (HUDs) for the automotive and aviation sectors.

As display technologies evolve toward higher pixel density, greater energy efficiency, and more compact form factors, LCoS microdisplays are positioned at the forefront. In this blog, we profile the Top 10 Companies in the Liquid Crystal on Silicon Industry—a mix of established electronics giants, specialized display manufacturers, and innovative tech firms shaping the future of visual experiences.

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🔟 1. Sony Corporation

Headquarters: Tokyo, Japan
Key Offering: SXRD (Silicon X-tal Reflective Display) LCoS panels

Sony is a pioneer and dominant player in the high-end LCoS market, primarily through its SXRD technology. These microdisplays are renowned for their exceptional contrast ratios, deep blacks, and high resolution, making them the gold standard for professional-grade projectors in cinema, simulation, and medical imaging applications.

Innovation Focus:

  • Development of 4K and 8K native resolution SXRD panels

  • Miniaturization of LCoS for emerging AR/VR applications

  • Strategic focus on B2B markets including digital cinema and virtual production


9️⃣ 2. Himax Display Inc.

Headquarters: Tainan, Taiwan
Key Offering: LCoS microdisplays, Wafer-Level Optics (WLO)

Himax Technologies is a leading fabless semiconductor solution provider, with its display division specializing in LCoS microdisplays for consumer electronics. The company is a key supplier for AR smart glasses and head-mounted displays, offering low-power, high-brightness solutions.

Innovation Focus:

  • Advanced WLO for ultra-compact AR display systems

  • High-volume manufacturing for mass-market AR devices

  • Partnerships with major tech companies for next-generation wearables

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8️⃣ 3. Canon Inc.

Headquarters: Tokyo, Japan
Key Offering: LCoS projection engines, 4K reference displays

Canon leverages its extensive expertise in optics and imaging to produce high-fidelity LCoS-based projection systems. The company’s LCoS technology is integral to its line of professional projectors and large-format displays, prized for accurate color reproduction and reliability.

Innovation Focus:

  • Integration of LCoS with proprietary optical engines for superior image quality

  • Development of laser-LCoS projection systems for demanding environments

  • Expansion into high-resolution medical and industrial imaging


7️⃣ 4. JVC Kenwood Corporation

Headquarters: Yokohama, Japan
Key Offering: D-ILA (Direct Drive Image Light Amplifier) projectors

JVC’s D-ILA is its proprietary variant of LCoS technology, renowned in the home theater and professional AV markets. D-ILA projectors are celebrated for their high native contrast, minimal screen-door effect, and smooth motion handling.

Innovation Focus:

  • Continuous enhancement of D-ILA chipset performance for 8K and beyond

  • Laser phosphor light sources combined with LCoS for long-life installations

  • Focus on the high-end consumer and professional simulation markets


6️⃣ 5. Microvision Inc.

Headquarters: Redmond, Washington, USA
Key Offering: MEMS-based scanning displays, LBS for AR

While primarily known for its Laser Beam Scanning (LBS) technology, Microvision has significant expertise in microdisplay architectures relevant to the LCoS ecosystem. The company is developing ultra-compact display solutions for augmented reality applications.

Innovation Focus:

  • Development of miniature projection modules for consumer electronics

  • Strategic pivot towards the automotive sector for augmented reality HUDs

  • IP licensing and component supply for AR/MR hardware makers


5️⃣ 6. Holoeye Systems Inc.

Headquarters: Berlin, Germany
Key Offering: High-speed LCoS spatial light modulators (SLMs)

Holoeye specializes in a niche but critical segment: LCoS-based Spatial Light Modulators. These are not for direct viewing but for manipulating light in applications like holography, optical tweezers, and laser material processing, where precision and speed are paramount.

Innovation Focus:

  • High-frame-rate LCoS-SLMs for scientific and industrial research

  • Phase-only modulators for advanced wavefront shaping

  • Customized solutions for defense and biomedical instrumentation

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4️⃣ 7. 3M Company

Headquarters: Saint Paul, Minnesota, USA
Key Offering: Optical films, components for display systems

3M plays a vital role in the LCoS supply chain through its advanced optical materials. The company produces brightness enhancement films, reflective polarizers, and other components that are essential for maximizing the efficiency and performance of LCoS projection engines.

Innovation Focus:

  • Development of next-generation optical materials for improved light throughput

  • Sustainability initiatives for recyclable display components

  • Collaboration with projector manufacturers on system-level design


3️⃣ 8. LG Electronics Inc.

Headquarters: Seoul, South Korea
Key Offering: LCoS projection TVs (historical), display components

LG has a strong heritage in display technologies and previously manufactured LCoS-based rear-projection televisions. While the consumer TV market has shifted, LG’s expertise in display physics and manufacturing continues to inform its component business and R&D in microdisplays for future applications.

Innovation Focus:

  • OLED and LCoS hybrid display research

  • Exploration of microdisplay technologies for its automotive and AR divisions

  • Investment in upstream materials and process technology


2️⃣ 9. Pioneer Corporation

Headquarters: Tokyo, Japan
Key Offering: Automotive electronics, display systems

Pioneer leverages display technologies, including insights from LCoS, for its advanced automotive infotainment and instrument cluster systems. The company focuses on creating high-visibility, reliable displays suited for the challenging automotive environment.

Innovation Focus:

  • Integration of display technologies into next-generation car cabins

  • Development of heads-up displays with enhanced augmented reality features

  • Emphasis on high-temperature performance and longevity


1️⃣ 10. Syndiant Inc.

Headquarters: Dallas, Texas, USA
Key Offering: Ultra-miniature LCoS displays for embedded projection

Syndiant is a dedicated manufacturer of very small, high-resolution LCoS microdisplays. Their technology is designed for integration into pocket-sized projectors (pico projectors), wearable displays, and other space-constrained applications where low power consumption is critical.

Innovation Focus:

  • Miniaturization and cost-reduction for mass-market adoption

  • Developing LCoS solutions for interactive projection and smart appliances

  • Enhancing color sequential processing for vibrant images

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🔮 Outlook: The Future of LCoS Is Brighter and More Immersive

The Liquid Crystal on Silicon market is undergoing a significant transformation. While its stronghold in high-end projection remains, the most dynamic growth is emerging from new application frontiers that demand compact, high-resolution, and efficient microdisplays.

📈 Key Trends Shaping the Market:

  • Metaverse and AR/VR Drive: The push for immersive experiences is fueling demand for high-pixel-density microdisplays in headsets.

  • Automotive Augmented Reality: LCoS is a leading technology for creating dynamic, high-contrast augmented reality head-up displays (AR-HUDs) in vehicles.

  • Advancements in Manufacturing: Improved wafer-level packaging and manufacturing yields are lowering costs and enabling new form factors.

  • Competition from Micro-OLED and Micro-LED: While competing for some applications, LCoS maintains advantages in optical efficiency and cost for specific use cases, leading to potential hybrid solutions.

Get Full Report Here:
Liquid Crystal on Silicon Market – View in Detailed Research Report

The companies listed above are not only supplying critical components—they are actively defining the visual standards for the next wave of digital interaction, from the dashboard to the living room and into virtual worlds.