DUBLIN--(BUSINESS WIRE)--The "Global Paper-thin Display Market Research and Forecast, 2022-2028" report has been added to ResearchAndMarkets.com's offering.
The global paper-thin display market is growing at a considerable CAGR of around 21.3% during the forecast period.
Companies Mentioned:
- AU Optronics Corp.
- Dai Nippon Printing Co. Ltd.
- E Ink Holdings Inc.
- FlexEnable, Ltd.
- Innolux Corp.
- Japan Display, Inc.
- JOLED Inc.
- JYFLEX Technology Co., Ltd.
- Kateeva, Inc.
- Kent Displays, Inc.
- LG Electronics Inc.
- Nanocomp Oy Ltd.
- Plastic Logic GmbH
- Ritdisplay Corp.
- Royole Corp.
- Samsung Electronics Co. Ltd.
- SmartKem Ltd.
- Sony Corp.
- Tohoku Pioneer Corp.
- Universal Display Corp.
The paper-thin display is used in smartphones, tablets, notebooks to sustenance color filters for organic LCD and LED. Digital advertising turns out to be more eye-catching and impressive with the use of the paper-thin display. Additionally, the paper-thin display is used as a protective shield for the OLED display to save it from dust and moisture. These factors drive the growth of the market.
The availability and increasing demand for paper-thin displays in smartphones and tablets, notebooks across the globe due to the paper-thin display consume less energy as compared to other displays, further drive the growth of the market, also rising demand for OLED-based devices, and flexible display in various sectors.
The Innovation in technology that offers high resolution, and flexible display are the major factors that drive the growth of the market. For instance, In January 2020, Samsung Electronics revealed its latest lineup of MicroLED, QLED 8K, and Lifestyle TVs ahead of the CES 2020.
With the overview of new display sizes, 8K AI upscaling proficiencies, advanced display orientation technology, also, Samsung showcased its 2020 contributions that can redefine involvement and transform home integration. Moreover, the high cost of manufacturing and high level of manufacturing technical hitches limits the growth of the market. Additionally, OLED flexible display, due to its material display is complex to moisture and air hampering the growth of the market.
Segmental Outlook
The market is segmented based on technology, and application. Based on technology, the market is segmented into liquid crystal display (LCD), electronic paper display, thin-film transistor liquid crystal display (TFT-LCD), polymer dispersed liquid crystal display, organic light-emitting diode, micro-electro-mechanical system. By application, the market is segmented into home appliances, smart wearable devices, smartphones and tablets, television, and others.
Smartphone & Tablet segment is projected to hold a significant share in the Global Paper-Thin Display market
Based on the application, the smartphone and tablet segment drive the market. The adoption of the smartphone is increasing across the globe, and the demand for flexible, high display, high-definition displays is also increasing across the globe. The demand for the paper-thin display in the smartphone provides a high resolution and consumes less energy as compared to other displays.
The key players in the paper-thin market are advancing and patenting their technology and investing in research and development. For Instance, In April 2021, AU Optronics Corp. developed Advanced Reflectionless Technology (ART) the feature in the display includes anti-reflection and anti-glare that creates reading quality, non-reflective surface. The technology protecting the eye of the users who need to look at the screen for a long time, such as gamers, and medical personnel.
Regional Outlooks
The global paper-thin display market is analyzed based on the geographical regions that are contributing significantly towards the growth of the market. Based on the geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. After Asia-pacific North America held a significant share in 2020 in the global paper-thin display market. Some factors that are boosting the market growth in North America are increased demand for portable electronics.
Asia-Pacific will Have Considerable Growth in the Global Paper-Thin Display Market
Asia-Pacific is expected to witness significant growth opportunities for the market. Rising technological innovations, and high acceptance of display technologies, and the increasing number of consumer electronics manufacturers and manufacturing facilities in several of its developing economies.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Paper Thin Display market Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying 'who-stands-where' in the market.
For more information about this report visit https://www.researchandmarkets.com/r/v05xi9-paper-thin?w=4
