Press release
Wearable Display Market 2018 Global Leaders: Samsung Electronics, LG Display, Apple, AU Optronics, Japan Display, Sharp, Tianma Microelectronics, Kopin, Truly Semiconductors, eMagin, Hannstar Display
Global Wearable Display Market Research Report, Product (Smart Bands, Head Mounted Display), Display Technology (LED-Backlit LCD, OLED), Panel (Rigid, Flexible), Display Size (1 to 2 inches, More than 2 inches), Vertical (Gaming, Military & Defense) — Global Forecast till 2023Key players
The prominent players in the market of wearable display are Samsung Electronics Co., Ltd. (South Korea), LG Display (South Korea), Apple (US), AU Optronics (Taiwan), Japan Display (Japan), Sharp (Japan), BOE Technology (China), Tianma Microelectronics (China), Kopin Corporation (US), Truly Semiconductors (China), eMagin Corporation (US), and Hannstar Display (Taiwan).
Other players in the wearable display market are Varitronix International (China), TCL Display Technology (China), Yunnan OLiGHTEK (China), Lumus Vision (Israel) among others.
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Market Highlights
Increasing use of flexible OLED displays in smart watches, rising demand for OLED display for use in smart wearable devices, technological shift and development of energy-efficient and high-specification display products are likely to influence the growth of wearable display market. The technological advancement in wearable electronics, help the user to avail advanced features and characteristics. The ability to connect to the Internet and enable data to be exchanged between a network and a device is one of the most major features of wearable technology. Major factor driving this market are the advancements in R&D causing increased innovation and demand to incorporate high technology and design in devices. Rising awareness about the OLED technology among consumers has prompted manufacturers of smart wearable devices to incorporate this technology in their offerings. Increasing use of AR HMDs in enterprise and industrial applications is expected to drive the growth of the market for OLED-based head-mounted displays.
Regional Analysis
The global market for wearable display is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of wearable display market is covered for North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to dominate the market owing to the presence of a significant number of wearable display panel manufacturers and increasing adoption of the latest technology-based display devices. Moreover, this region comprises both developed and developing countries, hence it is witnessing major changes in the adoption of new technologies and advancements. In North America, the increasing demand of consumers for communication and image recognition technologies in compact and portable forms, developments in material science, augmented reality and low power inter-device connectivity (Bluetooth 4.0, infrared, and NFC) are the factors that are likely to enhance the wearable display market.
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List of Figures
FIGURE 1 Global Wearable Display Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Wearable Display Market
FIGURE 4 Value Chain Of Global Wearable Display Market
FIGURE 5 Share Of Global Wearable Display Market In 2017, By Country (In %)
FIGURE 6 Global Wearable Display Market, 2018–2023
FIGURE 7 Sub-Segments Of Product Type
FIGURE 8 Global Wearable Display Market Size, By Product Type, 2017
FIGURE 9 Share Of Global Wearable Display Market, By Product Type, 2017 To 2023
FIGURE 10 Global Wearable Display Market Size, By Technology, 2017
FIGURE 11 Share Of Global Wearable Display Market, By Technology, 2017 To 2023
FIGURE 12 Global Wearable Display Market Size, By Panel Type, 2017 To 2023
FIGURE 13 Share Of Global Wearable Display Market, By Panel Type, 2017 To 2023
FIGURE 14 Global Wearable Display Market Size, By Display Size, 2017 To 2023
FIGURE 15 Share Of Global Wearable Display Market, By Display Size, 2017 To 2023
FIGURE 16 Global Wearable Display Market Size, By Vertical, 2017 To 2023
FIGURE 17 Share Of Global Wearable Display Market, By Vertical, 2017 To 2023
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