0
2021
Smartwatch Display Panel Market

Smartwatch Display Panel Market

by Panel Type (Rigid Display and Flexible Display), Display Technology (LED-backlit LCD and OLED), Display Type (Monochrome and Colored), and Application (Personal Assistance, Medical & Health, Fitness, and Personal Safety): Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A14209
Pages: 264
Oct 2021 | 2273 Views
Author(s) : Ruchal H , Vineet K
Tables: 136
Charts: 75
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Smartwatch Display Panel Market

Request Now !

Smartwatch Display Panel Market Outlook – 2030

The global smartwatch display panel market size was valued at $1.21 billion in 2020, and is projected to reach $4.06 billion by 2030, registering a CAGR of 14.1% from 2021 to 2030. Smartwatch is a next-generation wearable computer in the form of a watch. It offers some of the prominent features such as text messaging, emails, appointments, app alerts, and voice calls. Hence, to have seamless experience of smartwatch, smartwatch display panel is the most important and key component of the watch. 

The emergence of COVID-19 has fueled the growth of medical & health segment of the market.

The smartwatch display panel is generally less than 2 inches, which increases the need for high resolution in pixels per inch to provide sharp and easy-to-read fine text and graphics. In addition, it needs to produce fairly bright images, as watches are often viewed in high ambient light. A larger color gamut is required to counteract color washout from ambient light. Moreover, vibrant saturated colors are helpful while reading text and graphics information. Thus, smartwatch display panel market plays a crucial role in sales of smartwatches globally. 

Smartwatch-Display-Panel-Market-2021-2030

Emergence of large number of players in the smartwatch industry is the prime reason that drives the growth of the smartwatch display panel industry. Furthermore, high demand for flexible display technology accelerates the growth of the smartwatch display panel market. Moreover, increase in health awareness among consumers is opportunistic for the market growth. Considering these factors, the smartwatch display panel market is anticipated to witness substantial growth in the future. 

Increase in pixel density is expected to offer lucrative growth opportunities for the market during the forecast period. However, smartwatch display panels consume significant energy, which is expected to hamper the market growth during the forecast period. On the contrary, some of the other factors driving the market growth are rise in demand for connected devices and increase in disposable income. 

COVID-19 Impact Analysis

COVID-19 notably impacted both consumers and the economy. Electronics manufacturing hubs have been temporarily working at low efficiency to curb the spread of COVID-19. This has majorly affected the supply chain of semiconductor market by creating shortages of materials, components, and finished goods. Lack of business continuity has negatively impacted the revenue and shareholder returns, which are expected to create financial disruptions in the smartwatch display panel industry. However, the smartwatch display panel market is estimated to recover by the mid of 2021 with rapid technological advancements. Moreover, market players are deploying various strategies such as product launch, partnership, and agreement to boost the smartwatch display panel market growth during the forecast period.

Smartwatch Display Panel Market
By Panel Type

Your browser does not support the canvas element.

Flexible display segment is projected as one of the most lucrative segments.

Get more information on this report : Request Sample Pages

Segment Overview

The global smartwatch display panel market is segmented into panel type, display technology, display type, application, and region. On the basis of panel type, the market is bifurcated into rigid display and flexible display. The rigid display segment is further classified into round and square. The rigid display segment dominated the market, in terms of revenue in 2020, and is expected to follow the same trend during the forecast period. Depending on display technology, the market is segregated into LED-backlit LED and OLED. The LED-backlit LCD segment was the major revenue contributor in 2020, and is anticipated to witness significant market share during the forecast period. By display type, the market is fragmented into monochrome and colored. The market share for the colored segment was highest in 2020, and is expected to grow at a high CAGR from 2021 to 2030. 

As per application, the market is differentiated into personal assistance, medical & health, fitness, and personal safety. The market share for the personal assistance segment was highest in 2020, however, the medical & health segment is expected to grow at a high CAGR from 2021 to 2030.

Smartwatch Display Panel Market
By Application

Your browser does not support the canvas element.

Personal assistance segment is expected to secure leading position during forecast period.

Get more information on this report : Request Sample Pages

Top Impacting Factors

Significant factors that impact the growth of the smartwatch display panel market include emergence of large number of players in the smartwatch industry, high demand for flexible display technology, and increase in health awareness among the consumers. However, high energy consumption of smartwatch display panels hampers the market growth. On the contrary, increase in pixel density is expected to offer lucrative opportunities for the smartwatch display panel market during the forecast period.

Competitive Analysis

Competitive analysis and profiles of the major smartwatch display panel market players such as AU Optronics, BOE Technology Group Co., Ltd., Everdisplay Optronics (Shanghai) Co., Ltd., Futaba Corporation, Japan Display, LG Electronics, Samsung Electronics Co., Ltd., Sharp Electronics, Truly Opto-electronics Ltd., and Visionox are provided in this report. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, regional expansion, and collaboration, to enhance their market penetration.

Smartwatch Display Panel Market
By Region

2030
Asia-pacific 
North America
Europe
LAMEA

Asia-Pacific would exhibit the highest CAGR of 16.5% during 2021-2030

Get more information on this report : Request Sample Pages

Key Benefits for Stakeholders

  • This study comprises analytical depiction of the smartwatch display panel market trends along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall smartwatch display panel market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current smartwatch display panel market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the smartwatch display panel market.
  • The report includes the smartwatch display panel market share of key vendors and market trends.

Smartwatch Display Panel Market Report Highlights

Aspects Details
By Panel Type
  • Rigid Display
  • Flexible Display
By Display Technology
  • LED-backlit LCD
  • OLED
By Display Type
  • Monochrome
  • Colored
By Application
  • Personal Assistance
  • Medical & Health
  • Fitness
  • Personal Safety
By Region
  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
Key Market Players AU Optronics Corp, BOE Technology Group Co., Ltd., Everdisplay Optronics (Shanghai) Co.,Ltd. (EDO), Futaba Corporation, JAPAN DISPLAY, LG Electronics Inc, Samsung Electronics, Sharp Corporation, Truly International Holdings Limited, Visionox Technology Inc.
 

Loading Table Of Content...


 
 

Smartwatches were introduced to provide users instant access to digital activity. Smartwatches have built-in computing devices that can perform almost all the basic mobile phone functions. They are lightweight, which allows the users to wear a smartwatch to get access to digital data 24/7. In a smartwatch, display is of utmost important component, as it acts as an interface to operate the gadget.

Currently, LED-backlit LCD and OLED are highly used in display panels for smartwatch. Furthermore, ongoing R&D activities to produce more reflective, transflective, curved, and bendable smartwatch displays is expected to notably contribute toward the market growth. One such instance is usage of microLED technology in smartwatch display panels. Key players of the market are keen to observe various display technologies and strategies that can be introduced for smartwatches, the consumer responses to them, and how they will evolve over time.

Smartwatch display panels are observed to have limited interactive interface. In accordance, Samsung Electronics demonstrated an Around Device Interface (ADI), wherein the user is able to make gestures on the back of their hand and have those gestures translate to on-screen actions. ADI is anticipated to be an efficient way to expand the interaction space on small devices such as smartwatches. Hence, technological advancements in display panels for smartwatch are anticipated to revolutionize the smartwatch industry.

The key players profiled in the report include AU Optronics, BOE Technology Group Co., Ltd., Everdisplay Optronics (Shanghai) Co., Ltd., Futaba Corporation, Japan Display, LG Electronics, Samsung Electronics Co., Ltd., Sharp Electronics, Truly Opto-electronics Ltd., and Visionox.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The smartwatch display panel market is estimated to grow at a CAGR of 14.1% from 2021 to 2030.

A. The smartwatch display panel market is projected to reach $4.06 billion by 2030.

A. To get the latest version of sample report

A. High demand for flexible display technology accelerates the growth of the smartwatch display panel market.

A. The key players profiled in the report include AU Optronics, BOE Technology Group Co., Ltd., Everdisplay Optronics (Shanghai) Co., and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The smartwatch display panel market is segmented on the basis of panel type, display technology, display type, application, and region.

A. The key growth strategies of smartwatch display panel market players include product portfolio expansion, mergers & acquisitions, agreements, regional expansion, and collaboration.

A. Flexible Display segment would grow at a highest CAGR of 20.2% during the forecast period.

A. Asia-Pacific region will dominate the market by the end of 2030.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Smartwatch Display Panel Market

Start reading instantly.
This Report and over 19,644+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,707
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Oct 2022 - Oct 2023)
  • Data Pack
  • $4,118
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2022 - Oct 2023)
  • Single User
  • $5,760
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2022 - Oct 2023)
  • Five Users
  • $6,918
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2022 - Oct 2023)
  • Enterprise
    License/PDF

  • $10,648
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Oct 2022 - Oct 2023)
  • Library
    Membership

  • $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers