The Global Market for Paper-Thin Displays is Projected to Reach US$19.6 Billion by 2020

Rising Demand for Devices with Thin & Flexible Displays Drives Growth in the Paper-Thin Displays Market, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Paper-Thin Displays. The global market for Paper-Thin Displays is projected to reach US$19.6 billion by 2020, driven by the increasing consumer demand for thin and flexible displays in portable electronic devices.

Paper thin displays (PTDs) refer to a type of ultra-thin displays with thickness equivalent to a sheet of paper. Key benefits of PTDs spurring their popularity include lightweight, shatter-proof, and bendable features. Paper-thin displays are emerging as the display of choice as they work without a backlight and are also reflective. Paper-thin displays not only offer a good reading experience, but also enable energy savings. Also, compared to organic light emitting devices (OLEDs) and transmissive liquid crystal displays (LCDs), the outdoor readability of paper-thin displays is relatively high. The global market for paper-thin displays is witnessing strong growth, driven by the increasing focus on developing devices that are thin, compact and small. The miniaturization trend is exerting increasing pressure on manufacturers to reduce overall display thickness thus generating significant OEM interest in PTDs. Also benefiting the market are developments in materials, design and fabrication of flexible displays. With consumer demand for portability and convenience continuing to grow strong, interest in displays that are paper-thin and flexible is rising. 

At present, demand for paper-thin displays is mainly concentrated in the portable electronic devices sector, primarily for use in smartphones, tablets, and E-readers, among others. With technology innovations that facilitate production of low cost flexible color displays, penetration in other application areas is expected to gain traction in the coming years. Specifically, PTDs offer enormous potential for use in advertising signage, given their ability to enhance the impact of digital advertising.

As stated by the new market research report on Paper-Thin Displays, Asia-Pacific represents the largest market, worldwide. Strong demand for a wide range of portable electronics across developing Asian countries is lending traction to market growth in the region. As the fastest growing market for smartphones & media tablets, Asia-Pacific led by China and India, and growing employment opportunities, rising income levels, and increasing 3G and 4G penetration presents attractive opportunities for growth.

Major players covered in the report include AU Optronics Corp., Innolux Corporation, Dai Nippon Printing Co. Ltd., E INK Corporation, GPEG International, Kent Displays, LG Display Co. Ltd., Japan Display Inc., RiTdisplay Corporation, Samsung Display Co. Ltd., Tohoku Pioneer, Varitronix, and Visionox, among others.

The research report titled “Paper-Thin Displays: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies.  The report provides market estimates and projections in US$ Thousand for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Latin America, and Rest of World. End-use applications analyzed in the report include - Portable Electronics and Others.

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