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Request Now !Advancement in digital technology has led to the development of curved display devices. These displays are flexible, unbreakable, and bendable. The display surfaces feature bending lines which extend in both the directions. Curved displays have been adopted or are used currently in smartphones, televisions, computers, and other devices. The quality of display has been improving over the years, as these displays are designed to provide high quality digital content with low power consumption. Curved display technology is the latest display technology in the electronics market and is gaining keen interest among the users. This has led electronic manufacturers to adopt curved display technology in their products and work toward developing high end resolution curved displays.
The global curved display market is segmented into type, application, end user, and region. Based on type, the market is further segmented into LCD, EPD, LED, OLED. In terms of application, the market is sub-divided into smartphones and tablets, televisions, smart wearable’s, laptops and computers, others. Based on industry vertical, the market is bifurcated further into consumer electronics, transportation, retail, advertising, and others. Geographically, the global market is divided across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, Africa).
Key players of the curved display market analyzed in the research include Samsung Electronics, LG Display Co. Ltd., Sony Corporation, Acer Inc., Toshiba Corporation, Panasonic, HP, VU Technologies, TCL Corporation, Japan Display Inc., and Others. They have adopted various strategies including new product launches, collaborations, partnerships, mergers & acquisitions, joint ventures, agreements, and others to gain a stronghold and international presence across the world.
The factors that drive the growth of the curved display market share include rising digital advertisements and increase in usage of OLED technology in electronic industries. Furthermore, these displays are bendable, unbreakable, lightweight, ultra-thin, shatter proof, and portable, which further contribute toward the market growth. Moreover, these displays are durable and consume less energy. Rise in pixel density and increase in demand for high quality user friendly display devices are expected to foster the market growth. Manufacturing complexities, and the associated high cost are the factors that hinder the market growth. However, increase in demand for electronic products such as smartphones, wearable devices, TVs, and others help in improving the market growth.
Recently, Royale was successful in developing super thin OLED displays which are 0.01mm thick and are foldable and flexible. Companies are trying to use this in their respected electronic devices for delivering future foldable devices. For instance, Apple and Samsung have already registered patents for foldable phones and Samsung is already using flexible OLED screen in its smartphones and televisions.
These devices with curved display are anticipated to provide differentiation in terms of technology. The companies need to improve their sales. Moreover, the companies are experimenting to provide two screens at front and back and smartphone being foldable as well.
There is a surge in automotive and industrial applications of curved display technology as there are many applications such as smartphones, TVs, monitors, and others in which its advantages can be realized. Human machine interface (HMI) used in automotive industries reflects the technological accomplishments and analyses the demand for the consumer electronics market. The best way to get rid of analog components like buttons, knobs, and others in HMI is by using curved displays.
As the emphasis of curved display technology in consumer electronics and automotive applications is to be user friendly, their demand in these sectors is expected to increase as well.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value (USD) |
Segments covered | Type, Application, End User, and Region |
Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, Africa) |
Companies covered | Samsung Electronics, LG Display Co. Ltd., Sony corporation, Acer Inc., Toshiba Corporation, Panasonic, HP, VU Technologies, TCL Corporation, Japan Display Inc., and Others |
Key benefits of the report:
Key segments covered:
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Questions answered in the curved display market research report:
Curved Display Market Report Highlights
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Key Market Players | Company1, Company2, Company3, Company4, Company5, Company6, Company7, Company8, Company9, Company10 |
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