Interferometric Modulator Display Market Outlook - 2027
The global interferometric modulator display market sizewitness significant growth and is expected to grow considerably in the next few years. Interferometric modulator display (IMOD) is anelectronic visual display technology that createsdifferent colors throughinterferenceof reflected light. An electrically switched light modulator that includes a microscopic cavity selects the color.The modulator switches on and off by means of driver integrated circuits similar to those used to address liquid crystal displays (LCD). An IMOD-based reflectiveflat panel display comprises thousands of individual IMOD elements, each a microelectromechanical system(MEMS)-based device.
The global interferometric modulator display market is segmented on the basis of Type, Product, industry vertical and region. Based on type, the market is divided intoflat type, flexible type and foldable type. In terms of product, the market is categorized into E-readers, mobile devices, smart cards, poster & signage, auxiliary displays and electronic shelf label, wearables. In terms of industry vertical, the interferometric modulator display market is segregated intoconsumer electronics, automotive, healthcare, retail, 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 interferometric modulator display industry include CLEARink Displays, Solomon Systech, E Ink Holdings, Pervisive Displays, Liquavistar, OED, LG Display, Plastic Logic, Motion Display, GDS, Visionect. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers &acquisitions, and joint ventures to strengthen their foothold in the global interferometric modulator display market
COVID-19 Scenario Analysis
- Global interferometric modulator display market share has been considerablyhampered by the COVID-19 pandemic. New projects throughout the world have slowed down, which have significant demand for interferometric modular displays.
- Factories around the world have struggled to manufacture and assemble new devices as workers have stayed in their homes and even the readily available displays in various warehouses cannot be transported due to current rules and regulations which in turn has disrupted the global supply chains.
- The impact of COVID-19 on interferometric modular displayindustry is temporary as just the production and supply chain is stalled. Once the conditionmends, production, supply chains and demand for these products are gradually going to increase.
- This is estimated to provide opportunities for companies to think about ways of increasing production, research about technologies, and improve current products.
Top Impacting Factors
The interferometric modulator display market forecastis propelling due to some factors such as growing awareness among the population regarding the degrading environment by replacing paper with sustainable products such as electronic-paper gears. The increasing usage, options of customization ofelectronic-paper layout materials and gainingpopularity of alternate technology is also estimated to fuel the market growthduring the forecast period.
Asia-Pacific region is estimated to witness highest growth during the forecast period owing to the growing demand for smart city support. On the other hand, North America attributes a significant share in the market growth owing to the affluent development of high-level technology alongsideless power consumptionand enhancing applications.
New Product Launches to Boost the Market Growth
Introduction of graphene interferometric modulator display (IMOD) is estimated to evolve the market and fuel growth of the market. Graphene IMOD is a reflective-type display having mechanical micro-mirrors pixels,which tunes white light to project natural colors. These electrically-controlled pixels havesemitransparent membranes that control the ambient light without using power to produce light while projecting contrast in bright environments, and hencereducing average power consumption in VR visors and smartphones. Similar product launches and product developments are expected to flourish the market growth during the forecast period.
Technical Features of IMOD Enhances Market Growth
Interferometric modulator displays (IMOD) are easy to manufacture and can be produced in less time as compare to LCD and LED displays. Mechanically, the interferometric modulator displays are extremely robust, demonstrating its reliability over 12 billion cycles. Moreover, IMOD is designed to conform to industry standards that ensures minimal risk to adopt this new technology that improves performance and offers highly differentiated products to end users.Hence, the technical capability of IMOD creates lucrative opportunities in the interferometric modulator display market during the forecast period.
Key Benefits of the Report
- This study presents the analytical depiction of the global interferometric modulator display industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed global market analysis.
- The interferometric modulator display market trends are quantitatively analyzed to highlight the global interferometric modulator display market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global interferometric modulator display market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Interferometric Modulator Display Market Research Report
- Who are the leading market players active in the interferometric modulator display market?
- What would be the detailed impact of COVID-19 on the market?
- What current trends would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the interferometric modulator display market?
- What are the projections for the future that would help in taking further strategic steps?
Interferometric Modulator Display Market Report Highlights
By End User
Key Market Players
Motion Display, GDS S.p.a, CLEARink Displays, Inc., GDS Holding S.r.l., Plastic Logic HK Ltd, InkCase Enterprise Pte Ltd, Epson Europe Electronics GmbH, GUANGZHOU OED TECHNOLOGIES CO., LTD, E Ink Holdings Inc., PERVASIVE DISPLAYS, INC.