Report Code: A09772 | Pages: NA | Mar 2023 | 2244 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Electroluminescent Display Market
Request Now !Electroluminescent Display (ELD) is technically a type of flat panel display produced between two layers of conductors by simply placing a layer of electroluminescent material such as GaAs. The layer of material releases radiation in the visible part of the spectrum as current flows. The pictures shown on the electroluminescent displays are generated by applying electrical signals to both the plates that make the phosphorous glow. The electroluminescent displays are commonly used on the market in three major sectors of production-industrial, instrumentation, and transport. The cost of producing electroluminescent displays for phones and computers, such as organic and flexible ELDs, is quite low resulting in high widespread adoption of such display technologies.
The global electroluminescent display market is segmented on the basis of type of film, end users, and region. Based on type of film, the market is divided into transparent thin film and non-transparent thin film. In terms of end users, the market is categorized into medical instrumentation, business/ POS, defense, transportation, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global electroluminescent display industry include Planar Systems, Inc., Sharp Corporation, Lumineq, iFire Technology Corporation, Crystal Display Systems Ltd., Sony Corporation, Japan Display Inc., Panasonic Corporation, Tokyo Electron and Electronics Co. Ltd. . These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global electroluminescent display market.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available For Years | 2020–2027 |
Base Year Considered | 2019 |
Forecast Period | 2020–2027 |
Forecast Units | Value (USD) |
Segments Covered | Type of Film, End Users, and Region |
Regions Covered | North America (Canada, Mexico, U.S.), Europe (France, Germany, UK, Italy, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific), LAMEA (Africa, Latin America, Middle East) |
Companies Covered | Major players analyzed are Planar Systems, Inc., Sharp Corporation, Lumineq, iFire Technology Corporation, Crystal Display Systems Ltd., Sony Corporation, Japan Display Inc., Panasonic Corporation, Tokyo Electron and Electronics Co. Ltd. |
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COVID-19 Scenario Analysis
The growing demand for consumer electronics has accelerated the implementation for electronic displays such as flat panel displays. Such displays help in offering enhanced viewing experience for still images, moving photos, and texts through diverse consumer electronic devices such as personal computers, handheld devices, laptops, and others. The electroluminescent displays have an increased-speed, brightness, contrast, and wide-angle view view. The growing use of electroluminescent displays on the market for medical, defense and military equipment also drives the growth of the demand for electroluminescent displays.
Growing advancements in the electroluminescent displays, such as the development of displays which consume low electricity, also are factors that further drive market growth. Decreasing customer demand is hindering the growth of the global market for electroluminescent displays owing to the reduced-quality picture and changing focus of manufacturers towards other technologies. Electroluminescent displays also have implementations that are restricted to devices requiring distinct features such as robustness, operating speed, brightness and others. These factors further hinder the development of the demand for electroluminescent displays.
The industry has expanded at a phenomenal pace over the past few years and is expected to show substantial growth over the next few years due to increase in per capita income and increased disposable income. Growing technological advances along with the development of innovative low-cost products and growing IT services industry expenditure are envisaged to fuel demand over the forecast period for the global electroluminescent display market. Furthermore, governments have raised their emphasis on the ICT sector in high-income countries.
The market in the region of North America provide opportunities for the growth of Electroluminescent display market which is expected to profit several market players. Advanced internet connections, broadband connections, smartphone penetration and further growth in consumer demand for advanced products, combined with business need for agility, is expected to accelerate North American market growth. In the U.S., growth in income of citizens and increase in trends for emerging technology are expected to improve the acceptance of ICT-sector products and services. Furthermore, increase in demand for electroluminescent displays, the new companies are redefining fundamental business aspects and focusing on establishing their operations.
Companies producing ELDs concentrate on technology development to significantly raise the applications under different verticals. Vendors are also committed to offering electroluminescent display solutions for the equipment and consumer goods industries, as these displays seek a wide range of applications in which displays with several colors are not required.
Key Segments Covered
Segments | Sub-Segments |
Type of Film |
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End Users |
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Key Benefits of the Report
Questions Answered in the Electroluminescent Display Market Research Report
Electroluminescent Display Market Report Highlights
Aspects | Details |
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By Film Type |
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By Material Type |
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By End User |
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By Region |
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Key Market Players | Tokyo Electron and Electronics Co. Ltd., Japan Display Inc., Crystal Display Systems Ltd., Panasonic Corporation, Sony Corporation, Sharp Corporation, iFire Group Ltd., Beneq, Planar Systems, Inc., Nejilock Technology Pte Ltd |
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