Ubiquity of Smartphones Driving Global Emerging Display Technology Market

Published Date : Apr 04, 2017

ALBANY, New York, April 4, 2017 – MarketResearchReports.biz announces the availability of a new report in its repository, titled “Global Emerging Display Technology Market 2017-2021.” The report provides an all-inclusive overview of the market for emerging display technology, including an reports of driving and restraining factors, revenue estimations and forecasts of product and geographical segments, and profiles of some of the leading companies currently operating in this market. According to this 82-page report, the global emerging display technology market will surge at a robust CAGR of 24.38% during the forecast period of 2017 to 2021.

The report observes that in the recent past, portable display devices, kiosks, smartphones, monitors, TVs, and laptops have quickly become the significant components of user-interface. Technologically advanced features and display design now offer enhanced user experience, and are proving to be a boon for the global emerging display technology market. Factors such as increased adoption of smartphones, growing need for high-performance displays, digital signage applications, and increase in applications in automobile sector are some of the key factors that will augment the demand for emerging display technology in the near future.

On the other hand, growing use of quantum dots in LCD, high manufacturing and retail costs, and time-to-market pressure are some of the factors challenging the emerging display technology market from attaining its full potential. The report also notes a few trends of the market, such as growing popularity of curved displays, rise in demand for 3D display, increased development programs pertaining to flexible displays, introduction of virtual retinal display (VRD), and emergence of transparent organic light-emitting diode (TOLEDs). Each of these factors have been carefully analyzed in the report and their eventual impacts over the global market have been estimated.

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By technology, the report segments the global emerging display technology market into OLED, digital holography, VRD, and True 3D. By product for OLED, the report bifurcates the global market into mobile devices, TVs, PCs, and others. Geographically, the report studies the opportunities available for the players in this market in the regions of Asia Pacific, America, and Europe and the Middle East and Africa (EMEA). Currently, Asia Pacific is the most lucrative region, as the region is the most prominent contributor both in terms of production and consumption. Several OLED display manufacturers operate out of this region, which has plenty of skilled labor at affordable cost as well as rapidly increasing urban population with disposable income. Incrementing demand for smartphones is another prominent factors augmenting the demand for emerging display technology in Asia Pacific.

According to the report, the competition in the global emerging display technology is quite high, with a few leading players reaching the global consumers via their brand names. , Zebra Imaging, RiTdisplay, Pioneer, Segme, EON Reality, Samsung, Lyncee Tec, LEIA, Holoxica, RealView Imaging, Avegant, Ovizio Imaging Systems, and MicroVision are some of the leading companies identified by the report in the global emerging display technology market. Some other notable vendors are Futaba, Nippon Seiki, AU Optronics, OSD Displays, AOC Technologies, LG Display, Ascentta, Edmund Optics, Accelink Technologies, and Microwave Photonic Systems.

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