The Global Market for e-Paper Display is Projected to Reach US$3.1 Billion by 2022
Versatile New Applications from Display Labels to Traffic
Lights to Strengthen the Global e-Paper Display Market, According to a New
Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global e-Paper Display market. The global market for e-Paper Display is projected to
reach US$3.1 billion by 2022, bolstered
by promising new incredible applications in a wide range of indoor and outdoor
displays such as traffic lights, digital signage, and electronic shelf labels,
among others.
e-Paper or electronic paper is a breakthrough display technology that
enables the development of advanced electronic displays. e-Papers, also known
as electronic ink, are perceived as a disruptive technology in the field of
displays, owing to their lightweight, durability, capability to support
readability in direct sunlight, high flexibility, as well as relatively low
cost of manufacturing. While e-paper displays are widely used in e-readers for
their high readability characteristics, the technology is gradually finding new
application in public signage displays, mobile handsets, smart watches, smart
cards, smart-shelf labels, information displays and smart packaging, among numerous
others.
Despite the shrinking market
for E-ink e-readers
against the backdrop of the growing proliferation of multi-functional smartphones
and tablets, the growth in the market will be supported by emerging new
applications with promising commercial value. Few of the factors aggravating
the declining health of the e-reader market include limited functionality of displaying
just static pages and content, low screen refresh/response rate,
electrochemical complexity, dim color hues, black-and-white displays, and
inability to support video viewing. However, with major players such as Amazon
focusing on China for growth, and Kobo concentrating on marketing their
e-readers in bookstores, the life of the e-reader market will be stretched a
little longer. Few of the major factors giving e-paper displays a fresh lease of
life in new applications include continuous improvements in display technology,
breakthrough development of large format bendable electronic paper displays, and
innovation in color e-paper displays, among others. The replacement of glass
thin-film transistor (TFT) backplane with plastic is additionally helping
expand the versatility of e-paper, opening up new commercial opportunities in displays
for bendable electronics. Other factors expected to support future growth in
the market include increasing environmental awareness, demand for lightweight display
solutions, and innovations enabling integration of video and animation features
for a more enriching user experience.
As stated by the new
market research report on e-Paper Display,
the United States represents the largest market worldwide. Asia-Pacific ranks
as the fastest growing market with a CAGR of 16.1% over the analysis period,
led by the still large untapped potential for low cost, and easy-to-use e-readers
among the newly emerging base of middle class population with evolving digital
habits commensurate with early adopters of technology.
Major players covered in
the market include Displaydata Ltd., Display Innovations, E Ink Holdings Inc.,
Gamma Dynamics LLC, Kent Displays Inc., LANCOM Systems GmbH, Liquavista B.V.,
Pervasive Displays Inc., Plastic Logic Germany, QualComm MEMS Technologies,
Xerox Corporation, and Zikon Inc., among others.
The research report titled
“e-Paper Display: 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 for all major geographic
markets, such as the US, Canada, Japan, Europe (France, Germany, Italy, UK,
Spain, Russia, Rest of Europe), Asia-Pacific (China, India, and Rest of
Asia-Pacific), Latin America (Brazil, and Rest of Latin America), and Rest of
World. The report provides market analytics for global and regional markets by
the end-use applications – e-Readers, Signage/Poster Devices, Mobile Phones,
and Others.
Global Industry Analysts, Inc. 6150 Hellyer
Ave., San Jose CA 95138, USA, All Rights Reserved.
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