About Emerging Display Technology
Display technology is associated with an output device that presents information in visual form. On-going digitalization and developments by laboratories and consumer electronics will increase demand for cutting-edge display technologies. However, increasing demand for high-resolution, high degree of color saturation, and thinner display have led key manufacturers to R&D for the development of more innovative displays. In recent times, the increasing adoption of wearable devices in healthcare and for personal use will create many opportunities for the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung (South Korea), Lyncee Tec (Switzerland), Pioneer Corporation (Japan), EON Reality (United States), RiTdisplay (Taiwan), Holoxica Limited (United Kingdom), Avegant (United States), MicroVision (United States), Leia Display System (Belgium) and Visionox (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are LG Display (South Korea), John Antel Corporation (United States), PlayNitride (United Kingdom), Royole Corporation (China) and NanoLumens (United States).
Segmentation Overview
AMA Research has segmented the market of Global Emerging Display Technology market by Type (Foldable and Non-foldable), Application (PC & Laptops, Smartphones & Tablets, Wearable Devices, TVs and Others) and Region.
On the basis of geography, the market of Emerging Display Technology has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-user, the sub-segment i.e. Automotive will boost the Emerging Display Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Display, the sub-segment i.e. OLED will boost the Emerging Display Technology market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emerging Self-Emissive Technology for Flexible Displays and Increasing R&D activities for New Product and Technology Developments
Market Growth Drivers:
Increased Demand of Latest Display Technologies to Achieve Lower Power and Higher Contrast in Thin Flexible Formats and Increasing Adoption of Digital Devices Such as Smartphones, Tablets, Laptops, Etc.
Challenges:
High Manufacturing Cost of Some Displays like Micro LED
Restraints:
Limited Color Graphics and Tendency of Wear and tear of Flexible Displays
Opportunities:
High Adoption of Foldable Displays for Wearable Devices
Market Leaders and their expansionary development strategies
In September 2023, LG Display and AU Optronics join forces to develop printed OLED displays: This collaboration combines expertise in printing and OLED technology to create flexible and cost-effective displays for various applications, including wearables and automotive displays.
In Oct 2023 Royole launches foldable AMOLED displays with improved crease resistance. This breakthrough addresses a major pain point with foldable displays, paving the way for more durable and user-friendly foldable devices.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Emerging Display Technology Manufacturers, Raw Material Suppliers and Distributors of Emerging Display Technology, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.