Screenless Display Market to Reach USD 13.19 Billion by 2027: Trends, Share, Size, Growth and Forecast

The latest research study "Screenless Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the Global Screenless Display Market size reached US$ 2.21 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 13.19 Billion by 2027 exhibiting a CAGR of 31.50% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Industry Definition and Application:

Screenless display is an emerging technology that allows users to display and transmit information without using a projector or screen. Some commonly available screen displays include holographic displays, virtual reality (VR) goggles, heads-up displays, virtual retinal displays, and synaptic interfaces. Compared to touch screen displays, it offers several advantages, such as saving costs, presenting high-resolution distant point images, and less power consumption. As a result, screenless display technology has gained immense popularity across various industries, including consumer electronics, medical, automotive, aerospace, and defense.

Screenless Display Market Trends and Drivers:

The global screenless display market is primarily driven by the escalating demand for portability and miniaturized solutions across different sectors. Besides this, the surging popularity of screenless display technology among healthcare professionals to view a virtual X-ray of infected areas or collect patient information is another major growth-inducing factor.

Moreover, there has been widespread adoption of screenless displays in the manufacturing sector for viewing virtual blueprints and analyzing parts placement and operation. Along with this, the growing usage of screenless displays in passenger vehicles to help drivers access real-time data conveniently without taking their eyes off the road has catalyzed product demand.

Additionally, several key players are focusing on research and development (R&D) activities to launch screenless consumer electronics, such as smartphones, cameras, computers, and laptops, that are lightweight and offer excellent portability and functionalities like map navigation.
Other factors, including the increasing sales of premium and luxury cars, stringent government regulations regarding driver and passenger safety, emerging gaming applications, and technological advancements, are also anticipated to propel the market growth.

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Report Segmentation:

The report has been segmented the market into following categories:
Breakup by Type:
• Visual Image
• Retinal Display
• Synaptic Interface

Breakup by Application:
• Holographic Projection
• Head-Mounted Display
• Head-Up Display
• Others

Breakup by Industry Vertical:
• Aerospace and Defense
• Automotive
• Healthcare
• Consumer Electronics
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

List of Major Key Players:
The major players in the market are BAE Systems plc, Eon Reality, Garmin Ltd., Holoxica Ltd., Microsoft Corporation, Microvision Inc., RealView Imaging Ltd., Sony Group Corporation, Synaptics Incorporated and Zebra Technologies Corporation.

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This release was published on openPR.