Global Transparent Display Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Transparent Display Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global transparent display market report has been segmented on the basis of product type, display size, technology, end use industry, and region.
Global Transparent Display Market: Overview
The transparent display also called a see-through display is an electronic display that enables the user to see what is displayed on the glass screen while still able to see through it. Transparent displays have diversified application in various products such as televisions, handheld devices, etc.
Global Transparent Display Market: Dynamics
Rapidly growing consumer electronics industry across the globe is one of the major factor projected to drive growth of the global market. OLED technology offers various benefits such as energy-efficiency, light-weight in nature, which makes them ideal for multiple application such as head-up displays, smart appliances. This is a factor expected to support the revenue growth of the target market. In addition, increasing demand for LCD-based transparent displays among various industries such as consumer electronics, automotive and transportation, etc., is a factor anticipated to propel growth of the global market. Increasing adoption of transparent display for digital signage products is another factor projected to support growth of the target market.
However, the high cost of transparent display-based products is a major factor expected to hamper global market growth over the forecast period.
Global Transparent Display Market: Segmental Analysis
Among the product type segments, the head-mounted display segment is projected to account for significant shares of the global market, this can be attributed to induction of the wearable devices and advancements in the HDU system is resulting into increasing demand for safety, comfort, and reliability among tech-savvy consumers.
Among the display size segments, the small and medium-sized segment is expected to register substantial growth during the forecast period.
Among the technology segments, the OLED segment is anticipated to register significant growth, which can be attributed to various benefits and properties of OLED displays over LCD displays such as better image quality, flexible and light-weight plastic substrates, and better power efficiency.
Among the end use industry segments, the consumer segment is projected to contribute to significant revenue shares of the global market. This can be attributed to the rapid growth of the consumer electronics industry coupled with the increasing penetration of smartphones and the Internet.
Global Transparent Display Market: Regional Analysis
Asia Pacific is projected to dominate the transparent display market and continue its dominance during the forecast period. This can be attributed to the strong presence of electronics manufacturing companies in developing countries such as India and China. Increasing demand for the latest electronic devices and inclination towards entertainment are some additional factors supporting growth of the target market in the region. Furthermore, improved standard of living coupled with increasing disposable are some other factors projected to propel the target market growth.
North America is projected to account significant revenue shares of the transparent display market, owing to the quick adoption of cutting-edge technologies. In addition, increasing demand for wearable devices such as head-mounted displays, head-up displays, and other gadgets including smartphones among the tech-savvy population is a factor projected to support the revenue growth of the target market.
Global Transparent Display Market Segmentation:
Segmentation by Product Type:
- Head-Mounted Display (HMD)
- Head-Up Display (HUD)
- Digital Signage
- Smart Appliance
Segmentation by Display Size:
- Small and Medium-Sized
- Large Size
Segmentation by Technology:
Segmentation by End-Use Industry:
- Retail & Hospitality
- Sports and Entertainment
- Aerospace & Defense
- Automotive & Transportation
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$
- Planar Systems Inc.
- Pro Display
- Crystal Display System
- LG Electronics Inc.
- Panasonic Corporation
- Benq Display
- ClearLED Ltd.
- NEC Display Solutions, Ltd.
- Universal Display Corporation
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