Transparent Display Market to Witness Huge Growth by 2024 | MRFR

 Market Highlights

Transparent displays are a core element for the emerging wearable computing devices. Therefore, wearable display manufacturers are focusing and investing in this technology to improve its transparent wearable display devices, considering factors such as size, cost, power consumption, resolution, and contrast. Growing demand for transparent displays such as organic light-emitting diode (OLED), passive-matrix OLED (PMOLED), augmented transparent displays, and rollable transparent displays are expected to propel the growth of the market. As these displays consume less power, they are witnessing a growing demand owing to the rising adoption of energy efficient materials by companies across industry verticals.

The Global Transparent Display Market is Expected to Grow from USD 412.2 Million in 2018 to USD 3,744.8 Million by 2024, at a CAGR of 44.5% During the Forecast Period.

Regional Analysis

Asia-Pacific holds the largest market share in transparent display market owing to the growing demand for these displays in various industries, including automotive where they are used as windshields and in retail chains, where they are used for displaying advertisements. The companies in this region are investing in research and development of products to explore new opportunities across various applications. In June 2019, Leyard Optoelectronic, a Chinese electronics manufacturer producing LED products, launched a next-generation Planar LookThru transparent OLED display, leveraging the transparent organic light-emitting diode (OLED) technology to provide a self-emitting transparent display without the need for backlighting or enclosures. The market in North America is expeced to show significant growth in the coming years owing to the innovative developments in the field of HMDs and virtual reality technology. Moreover, the advancements in gaming industry in this region is expected to create significant opportunities for the transparent display market. Furthermore, the growing demand for transparent displays in the automotive industry in European countries, especially in Germany, is expected to significantly contribute to the growth of this market.

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Key Players

The prominent players in the global transparent display market are Planar Systems (US), Samsung Display (South Korea), Pro Display (UK), Crystal Display System (UK), LG Electronics (South Korea), Panasonic Corporation (Japan), BenQ (Taiwan), ClearLED (US), Kent Optronics (US), and NEC Display Solutions (Japan).

Other players in the global transparent display market are Universal Display Corporation (US), Evoluce GmbH (Germany), Globus Infocom Ltd. (India), Hangzhou Hikvision Digital Technology Co., Ltd (China), Japan Display Inc. (Japan), Optinvent (France), Pilot Screentime GmbH (Germany), Shenzhen NEXNOVO Technology co., Ltd (China), Shenzhen HOXLED Optoelectronic Technology Co., Ltd. (China), and Shenzhen AuroLED Technology Co., Ltd (China), among others.

Table of Content:

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Intensity Of Rivalry

4.1.5 Bargaining Power Of Suppliers

4.2 Value Chain/Supply Chain Of Global Functional Printing Market

5 Market Landscape

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Restraints

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7 Global Functional Printing Market, By Display Size

7.1 Introduction

7.2 Small And Medium-Sized

7.2.1 Market Estimates & Forecast, 2020–2027

7.3 Large

7.3.1 Market Estimates & Forecast, 2020–2027

8 Global Functional Printing Market, By Resolution

8.1 Introduction

8.2 Ultra-High Definition (UHD)

8.2.1 Market Estimates & Forecast, 2020–2027

8.3 Full HD

8.3.1 Market Estimates & Forecast, 2020–2027

8.4 HD

8.4.1 Market Estimates & Forecast, 2020–2027

9 Global Functional Printing Market, By Technology

9.1 Introduction

9.2 LCD

9.2.1 Market Estimates & Forecast, 2020–2027

9.3 OLED

9.3.1 Market Estimates & Forecast, 2020–2027

9.4 Others

9.4.1 Market Estimates & Forecast, 2020–2027

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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

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