Electronic Paper Display Market is expanding at a compound annual growth rate of 15.1% during the forecast period 2022-2029 | Size & Industry Analysis

The Electronic Paper Display Market is expected to grow at a faster CAGR of 15.1% over the forecast period (2022-2029).

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The factors driving growth of the Electronic Paper Display Market includes growing demand for electronic devices such as smartphones and tablets, increasing consumers preference for e-books over traditional books, development of color e-paper displays, Government initiatives to save trees and improvements in the living standards. Moreover, growing popularity of fitness tracking devices, low power consumption and lightweight features of electronic paper display systems, rising adoption of advanced technologies and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major corporations on research and development, strategic collaborations, and partnerships between organizations, rising disposable incomes and growing population growth rates, are further contributing towards the Electronic Paper Display Market size.

However, growth of the Electronic Paper Display Market is hindered due to high cost of manufacturing electronic paper displays.

The major players operating in the Electronic Paper Display Market are Toppan Printing Co., Ltd., Pervasive Displays, Inc., Aveso Group, E Ink Holdings Inc., GDS S.p.a, Plastic Logic HK Ltd., Dalian Good Display Co., Ltd., Industrial Technology Research Institute, CLEARink Displays, Inc., and Sony Corporation, among others.

Based on Technology, the Electrophoretic segment is predicted to grow at a significant CAGR during the forecast period

The electrophoretic based electronic display solutions consume less energy, provides longer battery life and are increasingly used in watches, cell phones and dynamic keypads, are some of the factors pushing growth of the segment.

Based on Application, the Transportation segment is projected to capture the largest market share over the forecast period

Increasing use of electronic paper display for providing important computer information such as real time bus arrival information, maps, and schedules in all lightning condition, is the major factor propelling segment's growth.

Based on Region, the Asia-Pacific region is anticipated to hold the highest market share during the forecast period

Presence of the leading players such as E Ink Holdings Inc., Plastic Logic HK Ltd., and Toppan Printing Co., Ltd., growing demand for wearable devices across India, China and Malaysia, rapid urbanization, rising per capita income and high population growth rates, are some of the important factors augmenting the market growth in the Asia-Pacific region.

Key Developments

In 2020, E Ink Holdings Inc. entered into a strategic partnership with China-based Yiwu Qing Yue Optoelectronics. With this partnership, Yiwu Qing Yue will assemble Electronic Shelf Labels (ESL) modules based on E Ink displays for the retail market and help in strengthening the company's customer reach in Chinese market.

In 2020, E Ink Holdings Inc., extended its color ePaper offerings with the launch of a new technology, Print Color, for eReader and eNote applications. This technology is developed for addressing applications within the signage, education, retail, and consumer electronics.

Market Segmentation

Segmentation by Technology

Electrophoretic
Electrochromic
Electrowetting
Cholesteric LCD (CH-LCD)
Others

Segmentation by Application

Consumer Electronics
Retail
Medical
Transportation
Others

Segmentation by Region

Asia Pacific
China
Japan
India
Rest of APAC

North America
United States of America
Canada

Europe
United Kingdom
Germany
France
Spain
Rest of Europe

RoW
Brazil
South Africa
Saudi Arabia
UAE

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