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.

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