Global Curved Display Devices Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Curved Display Devices Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global curved display devices market report has been segmented on the basis of technology, application, and region.
Global Curved Display Devices Market: Overview
Curved display is an innovative model in display technology which contains thick or thin electronic display and provides three-dimensional (3-D) display screens instead of two-dimensional (2-D) screens. Curved electronic display is commonly made of glass, plastic, or another flexible surface. Currently, growing consumer demand for user-friendly and high-quality display devices is resulting in increasing manufacturers focus towards the development of large and high-resolution curved displays, especially for TVs and monitors.
Global Curved Display Devices Market: Dynamics
Increasing technological advancements in electronic devices resulting in miniaturization of devices and rising demand for OLED technology in smart TV are major factors expected to drive growth of the global market over the forecast period.
In addition, rising disposable income, increasing spending capacity, and demand for smart TV along with high pixel rate and user-friendly features are among other factors expected to further fuel growth of the target market over the forecast period.
Moreover, rising adoption of functional magnetic resonance imaging (fMRI) technology by manufacturers in display devices in order to provide the excellent user experience is another factor expected to further support market growth to a certain extent.
Furthermore, increasing number of smart phones users in developed and developing countries, and rising adoption of curved display technology by manufacturers in order to improve aesthetic look and flawless video experience is another factor expected to support the market growth over the forecast period.
However, high cost of curved devices is a major factor expected to restrain growth of the global market over the forecast period. In addition, availability of low-cost products from regional players is expected to hamper growth of the target market to a certain extent.
Technological advancements by major players and development of low-cost advanced products are expected to create new opportunities in terms of revenue for players operating in the target market over the forecast period. In addition, growing merger and acquisition activities between regional and international players in order to increase customer base is expected to further support the market growth.
Global Curved Display Devices Market: Segment Analysis
Among the technology segments, the OLED segment is expected to register significant growth in terms of revenue over the forecast period, owing to increasing demand for OLED screen technology from smart television applications.
Among the application segments, the TVs segment is expected to register significant growth over the forecast period, owing to increasing consumer demand for high-definition television across the globe.
Global Curved Display Devices Market: Regional Analysis
The market in Asia Pacific is expected to dominate in the global market and is expected to continue its dominance over the forecast period. This can be attributed to rising disposable income, increasing spending on consumer electronics, and presence of major manufacturers operating in emerging economies in this region. In addition, developing government initiatives in order to facilitate investment and build best in class manufacturing infrastructure in the country is another factor expected to support the market growth to a certain extent in this region.
The markets in North America and Europe are expected to contribute significant revenue shares in the global market over the forecast period.
Global Curved Display Devices Market Segmentation:
Segmentation by technology:
Segmentation by application:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Samsung Electronics Co. Ltd.
- LG Display Co. Ltd.
- Acer Inc.
- Sony Corporation
- Toshiba Corporation
- HP Inc.
- Panasonic Corporation
- TCL Corporation
- Vu Technologies Pvt. Ltd.
- Dell Inc.
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