Enjoy complimentary customisation on priority with our Enterprise License!
The below infographic includes key findings from our analysis of the emerging display technology market
Want a bigger picture? Get a FREE sample of this report now!
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
According to our market research analysts, the emerging display technology market will register a CAGR of more than 24% by 2021. One of the primary factors that will drive the growth of this market during the next few years will be the rising popularity of digital signage applications. Digital signage is an effective way of attracting customers into a store, guiding them to different areas, which increase the time spent by the consumers in the store. It has enormous potential to interact directly with consumers, as customized messages can be displayed to target varied customer interests and can influence viewer behavior. The adoption of digital signage has been increasing due to advantages like audience engagement, elimination of paper waste, cost-effectiveness, dynamic content control, and targeted content display. These advantages of digital signage make it a better alternative when compared to other advertising media such as posters and banners. Digital signage systems are used in waiting areas, lobbies, cafeterias, and patient rooms, among others in healthcare facilities. In hospitals and other healthcare facilities, digital signage helps bolster communications with visitors, patients, and employees. Increase in adoption of digital signage applications across industries will augment the growth of this market during the forecast period.
In terms of geographic regions, APAC accounted for the maximum market share during 2016 and according to this display technology market research report, the region will continue its market dominance during the next few years as well. APAC is the highest contributor in terms of both consumption and production. Major organic light-emitting diode (OLED) display manufacturers are located in this region because of the availability of raw materials in abundance. China, Japan, and South Korea are the leading countries in the market. Also, manufacturers in APAC have developed world-class infrastructure and used advanced technologies to manufacture OLED displays. The high growth in this region can be attributed to the increased adoption of smartphones in many developing economies. Advances in technology and development of infrastructure will propel the growth of the display technology over the next few years.
The global emerging display market is witnessing high competition and is currently dominated by very few international vendors. Certain large corporations are expected to enter the market through M&A and partnerships, which could change the vendor landscape. The competition among the vendors operating in the market is high and is expected to increase over the next few years. By providing an analysis of the market’s competitive landscape, this display technology market analysis report will help companies gain a clear understanding of the level of competition among the companies in this market. Additionally, the report also provides information on emerging display technology industry trends which will help companies make the most from upcoming new growth opportunities.
Leading vendors in the market are:
Other prominent vendors in the emerging display technology market AU Optronics, Futaba, LG Display, Nippon Seiki, OSD Displays, Accelink Technologies, AOC Technologies, Ascentta, Edmund Optics, and Microwave Photonic Systems.
Get more value with Technavio’s INSIGHTS subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Start your 14-day FREE trial
During 2016, the OLED segment dominated the emerging display technology market and accounted for a major share of this display market size. OLED display units consists of a power supply, an anode, a cathode, an emissive layer, and a conductive layer. A substrate usually made of glass is used to support the OLED panel. The OLED panel production is carried out in four stages, namely thin film transistor (TFT) backplane, evaporation, encapsulation, and module preparation. The growth of the global OLED display market can be attributed to thinner, lighter, and more flexible characteristics of OLED. Moreover, it emits brighter colors than other existing display technologies. The flexible OLED displays are also available, which are increasingly used in curved OLED TVs and mobile devices, to offer a better viewing angle to users. Superior quality display has augmented the demand for OLEDs across the globe and this increase in demand will propel the growth for the OLED display segment over the next few years.
According to Technavio’s display technology market forecast report, the mobile devices segment will dominate the emerging display technology market throughout the forecast period. The key factor contributing to the growth of the market in this segment is the feasibility of manufacturing small-screen OLED displays over large-screen OLED displays. Active-matrix OLED (AMOLED) displays are used in mobile devices in which Samsung is the pioneer. The company is the leader in the global AMOLED display market, and many other mobile manufacturing companies procure AMOLED displays from Samsung. As per this market research the market share for mobile devices is expected the decline due to the rising popularity of OLED TVs.
Want to dial in on a specific region or segment? We can help! Our analysts can customize this report to meet your requirements. Get in touch
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by technology
PART 07: Market segmentation by product for OLED
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Appendix
PART 16: Explore Technavio
Tags: artificial intelligence, flat panel display, display solutions, digital display, hardware and semiconductor business segment, displays industry trends,
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.