Artificial Intelligence driven Marketing Communications
WiseGuyReports.Com Publish a New Market Research Report On –“ Display Technologies Market Innovations, Trends, Technology And Applications Market Report to 2019-2024”.
Display Technologies Market 2019
In 2018, the global display technologies market was valued at $131.48 billion. It has been estimated to be valued at approximately $216.30 billion in 2027 and is expected to grow at a CAGR of 5.92%. Display technology refers to screens that project information such as images, text, and video. Different technologies make up display screens such as liquid crystal display (LCD), light-emitting diode (LED), organic light-emitting diode (OLED) and more. The majority of its use can be seen in consumer electronic devices. Examples of this include smartphones, televisions, laptops, smartwatches, tablets and more.
For more information or any query mail at [email protected]
Human Interface Technology Laboratory
Advanced technologies have emerged that offer enhanced visualizations in various industry verticals. Examples of these industry verticals include consumer retail, electronics, sports and entertainment, transportation and more. The consumer electronics and entertainment sector is enjoying the trend of flat panel displays. In addition to the above, rapid growth is being enjoyed by flexible display technologies. Newer display technologies such as the above-mentioned OLED are being used more in products such as smartphones, televisions, smart wearables and so on. The market is also currently in the process of producing devices that are energy-efficient and is primarily focusing its efforts on wearable devices. Growth is being driven by factors such as the increasing trend of touch-based devices and the increasing demand or OLED based devices.
The global display market is being hindered by the slower growth of desktop PCs, notebook and tablets as well as the higher cost of the quantum dot and transparent display technologies. In addition to the above, fluctuating prices of display panels are also hindering the growth of the market.
The display technologies market is segmented on the basis of type, technology, application, industry verticals, and geography. The display technology market is made up of flat panel displays, flexible panel displays, and transparent panel displays. Flexible displays are much lighter, portable and rugged when compared to traditional as well as heavy display screens. Demand around the world is expected to be pushed by rising interest in the use of advanced technologies.
The display technology market is segmented on the basis of four major regions that are display North America market (US and Canada), display Europe market (UK, France, Germany, Italy, Russia and the rest of Europe), display Asia-Pacific market (China, Japan, India, South Korea, Australia and the rest of the Asia-Pacific) and the rest of the world (Latin America, Middle East and Africa). The largest share belongs to North America. North America is forecasted to remain dominant throughout the forecast period.
The market size of the flexible display technology is valued at $1390 million. It is forecasted to reach $6230 million in 2025. It is expected to grow at a CAGR of 20.7% from 2019. The display industry is also going through many developments due to the commercialization of new display technologies such as micro-LED and QD. Many different types of display panels such as micro, rigid and flexible can all be manufactured using technologies such as OLED, LED-backlit LCD, direct-view LED, and micro-LED. The growing adoption of OLED displays in smartphones, as well as government support, are both driving the market’s growth.
Complete Report Details @ https://www.wiseguyreports.com/reports/4231467-global-display-technologies-market-report-2019
Table of Contents – Major Key Points
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.