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Next Generation Display Market to Gain Higher Momentum as a Result of Increased Demand for Foldable and Flexible Displays

08-07-2023 10:54 AM CET | IT, New Media & Software

Press release from: SNS Insider

Next Generation Display Market Size and Share

Next Generation Display Market Size and Share

Next Generation Display Market Scope & Overview

The SNS Insider report forecasts that the Next Generation Display Market will achieve a value of USD 437.30 Billion by 2030, growing from USD 195.31 Billion in 2022, with a CAGR of 10.6% during the period from 2023 to 2030.

The cutting-edge technologies are redefining how we interact with visual information and revolutionizing various industries, from entertainment and gaming to healthcare and automotive. Pioneering breakthroughs in display technology have pushed the boundaries of what was once considered possible, enabling us to experience images and videos in ways we could only dream of before.

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Key Players Covered in Next Generation Display market report are:

Sony Corporation,
Canon Inc.,
Au Optronics Corp.,
Ritek Display Technology,
Toshiba Mobile Display Co. Ltd.,
Planar Systems Inc.,
Cambridge Display Technology, Inc.,
Samsung SDI Co.

Market Analysis

The next generation display market holds immense promise as technology continues to push the boundaries of innovation. The display industry has witnessed remarkable advancements, from the early cathode ray tube (CRT) monitors to the widespread adoption of liquid crystal displays (LCDs) and light-emitting diode (LED) screens. MicroLED technology has emerged as a potential game-changer in the display industry. This revolutionary display technology offers self-emissive pixels similar to OLED but uses inorganic materials, resulting in longer lifespan and potentially higher brightness levels.

Impact of Recession

The next generation display market is undoubtedly susceptible to the impact of a recession, just like any other industry. However, with careful planning, innovation, and adaptability, companies can weather the storm and emerge stronger. By focusing on cost-effective solutions, maintaining technological advancements, diversifying supply chains, understanding consumer preferences, and exploring emerging markets, businesses can position themselves for success even in challenging economic times.

Segmentation Analysis

Transparent Display Technology and OLED Display Technology are set to redefine the next generation display market. Their distinct features and versatile applications across industries promise unparalleled user experiences, captivating audiences and empowering businesses. As research and development continue to push the boundaries of display technology, we can anticipate even more groundbreaking advancements, solidifying transparent displays and OLEDs as the dominant players in the display industry for years to come.

Next Generation Display Market Segmentation as Follows:

By Application
Mobile Phones Market
Consumer Electronics
Industrial Applications
Movie/Entertainment
TV/Monitors
Automotive
Advertising
E-Reader

By Ingredients
Carbon NanoTubes (CNT)
Nanomaterials
Quantum Dots
Plastic Substrates
Polymers
Metals

By Display Technology
OLED Display Technology
Electroluminescent Display Technology
Electro Wetting Display Technology
Field Emission Display Applications
Electrophoretic Display Technology
LED Display Technology

By Product
Flexible Display
Midair Display
Transparent Display
Three-dimensional Display
Double-sided Display
2D One-sided Display

Segmented by Region/Country:
North America
Europe
China
Japan
Asia Other

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Regional Status & Analysis

North America's contributions to the next generation display market are paving the way for a future characterized by breathtaking visual experiences and unprecedented levels of innovation. As OLED, MicroLED, Quantum Dots, AR/VR, and flexible displays continue to evolve, consumers can anticipate a new era of devices that redefine how we interact with technology. With a strong focus on sustainability and energy efficiency, North America remains at the vanguard of display technology, driving the industry towards a brighter and more vibrant future.

Conclusion

The prospects of the market are incredibly promising, with an array of innovative technologies poised to revolutionize various industries. From OLED and MicroLED displays that promise superior image quality and efficiency to foldable and rollable displays that redefine portability, the future is bright. Augmented and virtual reality displays are set to unlock new levels of immersive experiences, while automotive display solutions will shape the future of transportation.

Frequently Asked Questions about this Research Report

Q1. What is the projected outlook for next generation display market growth?

ANS: The market is projected to surpass a value of USD 437.30 billion by the year 2030.

Q2. What are the major factors influencing the next generation display market?

ANS: As the automotive industry moves towards electric and autonomous vehicles, displays will play a pivotal role in facilitating communication between passengers and vehicles.

Q3. Who are the leading players in the next generation display market?

ANS: Sony Corporation, Canon Inc., Au Optronics Corp., Ritek Display Technology, Toshiba Mobile Display Co. Ltd., Planar Systems Inc., Cambridge Display Technology, Inc., Samsung SDI Co.

Table of Content - Analysis of Key Points
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 forces model
7. PEST Analysis
8. Next Generation Display Market Segmentation, By Product
9. Next Generation Display Market Segmentation, By Ingredients
10. Next Generation Display Market Segmentation, By Display Technology
11. Regional Analysis
12. Company Profiles
13. Competitive Landscape
14. Conclusion

Continued…

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Contact Us:
Akash Anand - Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

About Us:
SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies.

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