The top
display technologies and devices market is expected to grow at a
significant CAGR between 2016 and 2022. The rapid technological advancements in
the field of displays along with the new technologies and devices such as
virtual retinal displays, quantum dots, and flexible displays are driving the
growth of the top display technologies and devices market.
Browse 33
market data tables and 61 figures spread through 182 pages and
in-depth TOC on “Top Display Technologies and Devices Market
- Global Forecast to 2022”
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OLED technology likely to hold
the largest market share during the forecast period in the top display
technologies and devices market
The OLED market is currently in its growth
stage and expected to mature in terms of technology owing to the focus on
product design and lifetime optimization. OLED displays cater to consumer
electronics products such as smartphones, MP3 players, wearable devices,
televisions and, tablets, among others. The OLED lighting market comprises
various applications of lighting in various sectors such as architectural,
commercial, residential, and automotive, among others. Currently, the OLED
market is undergoing massive changes with the introduction of flexible displays
and flexible lighting. The adoption of OLED technology in smartphones, rapid
technological advancements, government support for OLED lighting research, and
increased use of the technology in diverse applications are the major factors
driving the market for top display technologies and devices.
Screenless display expected to
grow at the highest CAGR between 2016 and 2022 for the top display technologies
and devices market
The market for screenless display is expected
to grow at the highest rate in the top display devices market. The space
constraint and portability of screenless displays and the adoption of smart solutions
over the traditional displays are the major drivers fueling the growth of the
screenless displays in the coming years. Screenless display is an emerging
technology which would display information without the need for actual screens.
Companies such as Google, Inc. (U.S.), Displair, Inc. (Russia), Avegant
Corporation (U.S.), Microsoft Corporation (U.S.), and so on are developing
technologies that would be a game changer in the field of screenless displays.
Quantum dot display expected to
grow at a significant CAGR during the forecast period
The market for quantum dot displays is
expected to grow at a significant rate during the forecast period. The quantum
dot technology is growing very rapidly and many diverse opportunities are
coming up. Medical devices based on this technology are finding applications in
therapy and medical diagnosis. LED with QD luminophores is a promising
development in next-generation displays as quantum dot luminophores exhibit
high quantum yields, extremely narrow emission, spectral tenability, and high
stability, among other beneficial characteristics. Quantum dots offer benefits
such as low energy consumption, low cost, and more vibrant colors, which are
required in consumer applications.
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The key manufacturers of top display technologies and devices include LG Display Co., Ltd. (South Korea), Samsung Electronics Co., Ltd. (South Korea), Innolux Corporation (Taiwan), AU Optronics (Taiwan), Avegant Corporation (U.S.), Microvision, Inc. (U.S.), Human Interface Technology Laboratory (U.S.), QD Vision, Inc. (U.S.), Universal Display Corporation (U.S.), Google, Inc. (U.S.) and Panasonic Corporation (Japan), among others.
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