The Global Market for e-Paper Display is Projected to Reach US$4.8 Billion by 2024
Technological Advancements
and Expanding Applications Drive the Global e-Paper Display (EPD) 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$4.8 billion by 2024, bolstered by technological
advancements, expanding applications, and increasing environmental awareness. Other
market drivers include increasing e-reader base; potential applications of
full-color and video display in e-readers; and advantages in diverse sectors,
such as wearable and consumer electronics, institutional, enterprise, and retail.
e-Papers are
perceived as a disruptive technology in the field of displays, owing to their
lightweight, durability, capability to support readability in direct sunlight
(both outdoor and indoor), high flexibility, as well as relatively low cost of manufacturing.
Over the past few years, the e-paper display technology has been witnessing a
rapid evolution that is opening a new world of opportunities for display
manufacturers. As these displays are designed to reflect the incident light,
they not only require very less power for retaining an image, but are
associated with a low refresh rate. Key growth drivers of e-paper displays are
the capability to deliver high performance with significantly lower power
consumption. Owing to their use in expanding applications, technological
advancements, and growing environmental awareness, the market for e-paper
displays is expected to display steady growth in the near future.
The
e-readers segment, the key end-use market for e-paper display, is expected to
witness steady growth, backed by new technological innovations, such as full
color display and video capabilities; and introduction of frontlit displays and
integration of novel LED system into the latest e-reader models to reduce the
blue-light exposure. Besides, the
introduction of audible option by Amazon, enable users to avail the listening
feature in the audiobooks of Kindle, Kindle Oasis 1, as well as Kindle Oasis 2. Further, notable advancements in hardware,
processors, and color e-paper, the year 2018, will offer bright prospects for
the e-readers market.
The
global market for e-paper displays in applications, other than e-readers, is
also expected to grow immensely. Applications such as signage are expected to
emerge as a substantial market for e-paper displays. With a strong demand from
various application areas, including healthcare and retail, the global market
for digital signage is projected to boost the overall demand for e-papers.
Future expansion of the e-paper display market is expected to be also supported
by technological proliferation, matured displays, and increasing environmental
awareness. Wearables, consumer electronics, institutional, enterprise, and
retail constitute the other potential application markets.
As
stated by the new market research report on e-Paper Display, the United States constitutes
the largest market. Asia-Pacific represents the fastest growing market for
e-paper displays worldwide, 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 in the market include Displaydata Ltd., Display Innovations, E Ink
Holdings Inc., Kent Displays Inc., LANCOM Systems GmbH, Liquavista B.V.,
Pervasive Displays Inc., Plastic Logic Germany, 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-Reading Devices, Signage/Poster Devices, Mobile
Devices, and Others.
For
enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
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connect with us, visit our LinkedIn page.
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Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights
Reserved.
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