Paper Thin Display (PTD) Market - Global Industry Analysis, Growth and Forecast by 2018
The PTDs market has observed a significant growth in the last few years due to the increasing innovation in computers and mobile devices to develop smaller and thinner devices. The market has observed a double digit year-on-year growth in the 2012 and is expected to continue this trend in the future along with the booming electronics industry.
Electronic portable devices hold a lion’s share in the PTD market and predicted to post the fastest growth in the next five years. Owing to a large number of tech savvy people who frequently replace their mobile handsets with advanced technology, North America represents the largest market for PTD.
PTDs are produced with sheet-to-sheet manufacturing process. Devices made by using PTD are easily chargeable with an external source. Flexibility, thinness, and the strength offered by PTDs would enable OEMs to easily wrap these displays around devices. Some other emerging applications for PTD include medical devices, solar cells and lighting products.
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PTD can be used in high-performance electronic devices such as tablets, notebooks, and smartphones to support color filters for organic LCDs and LEDs. With the use of PTD, digital advertising becomes more attractive and impressive, which boosts the use of PTD in advertising signage. PTD can be used as a protective shield for OLED display to save it from dust and moisture. These displays can command opportunity in developing touch-sensors products.
The industry comprises of a large number of players and many emerging players are in the pipeline to enter this booming market. High market collaboration among the manufacturers to develop optimized manufacturing processes will increase the competition in the industry. Some key players in this industry AU Optronics Corp, AVESCO Group, Bridgestone Corp, Citala, Dai Nippon Printing Co Ltd, E Ink Holdings Inc, Fujitsu Ltd, LG Display, RiT Display Corp, and Samsung Group.
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