Electronic
Display Market strategic research study offers company accounts, industry investors,
and industry members with consequential insights to enable them to make
reliable strategic decisions regarding the opportunities in the global market.
Electronic Display Market
research report offers detail overview of industry with all the requisite data
to support tactical business decisions and come up with strategic growth plans.
This study also proposes a comprehensive insight into the development policies
and plans in addition to manufacturing processes and cost structures.
KEY BENEFITS
1. Electronic Display market analysis based
on current industry scenario and expected future trends to enable stakeholders
take strategic decisions.
2. Analysis of the factors impacting the Electronic
Display market to understand business opportunities.
3. Identification of key investment pockets
for various applications, type and geographies.
4. Identification of the Electronic Display
market top key players and their strategic moves.
5. Evaluation of Electronic Display market
trends to provide deep-dive intelligence into every market segment.
6. Competitive analysis to effectively plan
and execute a business plan.
7. Electronic Display market micro-level
analysis based on application, type and geography.
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The global electronic
display market size was valued at USD 313.5 billion in 2014 and is anticipated
to reach USD 733.7 billion by 2022. Global electronic display market is
expected to experience a lucrative growth on account of increasing applications
of display technologies in numerous electronic systems. Technological
innovations, extension of consumer electronics industry and rising applications
in numerous end-use segments are anticipated to fuel the market growth.
The product market has been
observed to experience a significant growth in the past few years in light of
numerous technological innovations. The development of advanced consumer
electronics includes tablets, smartphones, smart televisions and smart
wearable’s is anticipated to fuel the market over the forecast period. In
addition, rising buying power across the globe is open new opportunities for
the growth of the industry. Manufacturers are bound to follow regulations
including the restriction of hazardous substances (RoHS) and waste electronics
and electrical equipment (WEEE) standards.
The rising trend of AMOLED
and OLED in consumer electronic devices on account of technological innovations
on high resolution display technology is expected to positively influence the
product market. Conversely, the implementation of innovative technologies
includes initial costs to be high causing an increase in the cost of the device
which is expected to act as a restraint for the growth of product demand.
In the past few years the
LCD displays are observed to have dominated the market. The segment captured
more than 35% of the total industry revenue share on account of the increasing
usage in consumer electronics devices including personal computers and TVs.
Advanced OLED and LED display technologies are expected to gain popularity on
account of high operational suitability and reliability towards numerous
applications.
In digital signage
applications these electronic technologies are broadly used which in turn is
expected to broaden the scope of the product’s success. The trend is observed
to be shifting by the manufacturers from rigid OLED displays to flexible AMOLED
displays to on account of differentiating their product from rigid LCD. Display
forms an important element in a wide variety of consumer electronic devices and
act as an interface between the user and the device. Consumer electronics
application segment captured over 50% of the overall market share in 2014 and
is anticipated to have a lucrative growth over the next eight years.
Major developments include
advanced digital signage 2.0 which displays data are being broadly used in the
retailing industry. Advanced electronic displays are widely being used in
end-use segments including corporate, entertainment, retail, healthcare and
government. Approximately 30% of the overall revenue in 2014 was accounted by
the entertainment end-use segment. Additionally, increasing use of digital
signage in the retailing industry coupled with the surging adoption of modern
the e-commerce retailing has made it the fastest growing application segment in
the industry.
The key players operating
in the market include Active Light Inc., AU Optronics, Toshiba Corporation, LG
Electronics, Casio Computers Co. Ltd. Zenith Electronics Corporation, and Sony
Corporation. Vendors are implementing strategies including product differentiation
and innovation by investing on R&D in light of acquiring a competitive
advantage.
Smartphone producer’s and
consumer electronics are observed to be alliancing with display technology
manufacturers in light of outsourcing the manufacturing of electronic display.
Apple Inc. procures the panel-making unit of Samsung Electronics Co Ltd and
OLED screens of advanced version for its iPhones from LG Display Co Ltd on
account of improved picture quality and thinner than LCD screens.
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