Cathode ray tube (CRT) display uses CRT that is a vacuum tube medium interpreting electrical phenomenon of an image projected on a phosphorescent screen by sharp focused beam of electrons being controlled by an intensity of electrical signals. It consists of one or more electron guns and a phosphorescent screen to display images or signals. CRT displays are used in the residential sector as they can operate at any resolution, geometry, and aspect ratio without the need to rescale an image.
CRT displays are mostly preferred in PC gaming circles as they offer high pixel resolution, respond to input faster, have less motion blur than LCDs, and are suitable for use in both dimly lit and dark environments. CRT displays are less expensive and produce perfectly smooth gray scale with an infinite number of intensity levels, which enhances product quality standards in the market. Significant advantages of this display technology over smart LCDs and LEDs implies that the cathode ray tube display market share would grow at a steady pace in the coming years.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Rise in demand for use of consumer electronics display devices with reduced display costs as well as constant upgrade in display technology acts as primary factor that propels the cathode ray display tube the cathode ray tube display market growth. However, presence of alternative technologies such as LED & LCD displays and intense competition faced due to presence of many local and domestic brands restrain the market growth.
On the other hand, constant demand for cathode ray tube display in medical diagnosis in which patient safety relies on ability of the display to present accurate, high-resolution images rapidly further boosts the cathode ray tube display market revenue. Further developments in display technologies, huge expense of modernized translucent displays with complex configuration, and use of low-cost CRT displays in the middle-class residential sector are anticipated to present new pathways to the cathode ray tube display industry.
New Product Launches to Flourish the Market
Cathode ray tube displays are the most versatile and high-quality imaging display devices available, however, they are not getting as much good press as alternative newer display technologies, owing to plenty of shortcomings. CRT displays are not as sharp as LCDs, owing to imperfect focus and color registration. In addition, these displays are subject to geometric distortion and screen regulation problems, which are also affected by magnetic fields from other equipment as well as other CRTs. Some CRTs have round, spherical or cylindrical shaped screen with bulky size, which fail to attract attention of viewers. Moreover, heavy weight CRT displays consumes high power and produce high heat. CRTs give off electric, magnetic, and electromagnetic fields which are not harmful but create inconvenience.
Surge in Use in Automotive and Industrial Applications
Use of advanced instrumentation in automobiles has evolved over the years. Design, development, and build of an advanced modern vehicle allows automobile and instrumentation engineers to explore use of advanced instrumentation for vehicle display functions. Cathode ray tube displays are used for primary information display, secondary information display, and functional control, in-vehicle navigation display and rear vision.
Covid-19 Impact Analysis:
Emergence of coronavirus, a deadly respiratory disease originating in Wuhan, has become a serious health threat worldwide. China being the main manufacturing hub of electronic goods has been adversely affected, owing to the COVID-19 virus outbreak that caused substantial slowdown in manufacturing operations. In February 2020, the electronic display industry was already facing shortage of components, which are mainly imported from China.
The ongoing pandemic has also taken adverse toll on consumer demand for display integrated devices. In April 2020, Panasonic India reported that consumer electronics industry would witness 50% loss in sales during April-June, owing to the lockdown. Annual demand has also dropped by an unprecedented 6 to 7%.
The COVID-19 virus outbreak has attributed profound negative impact on the already strained demand-supply chain of the cathode ray tube display market. In response to the unprecedented lockdown, there is a shortfall in demand in industrial as well residential sector.
Key benefits of the stakeholders:
- The study gives an analytical overview of the cathode ray tube display market forecast with current trends and future estimations to determine imminent investment pockets.
- The report provides information related to key drivers, restraints, and opportunities along with detailed CRT displays market analysis.
- The current cathode ray tube display market trends are quantitatively analyzed.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
Questions answered in the Cathode Ray Tube Display Market research report:
- Who are the leading players in the cathode ray tube display market?
- What are the current trends that would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
- What would be the detailed impact of COVID-19 on the market?
Cathode Ray Tube Display Market Report Highlights
By Screen Type
By Industry Vertical
Key Market Players
Sony Corp, Toshiba Corp, Panasonic Corp, ThomasNet, Samsung Display Pvt. Ltd, Dell, LG Display Co. Ltd., Koninklijke Philips N.V