Transparent Display Market Size & Analysis Forecasts To 2025 By Technology (LCD, LED), By End User (Retail, Consumer Electronics, Automobile, Aerospace & Defense, Others), By Region (North America, Europe, Asia-Pacific, Central & South America, and Middle East & Africa), End-use Landscape, Vendor Landscape and Company Market Share & Competitor Analysis - Global Market Estimates
Transparent Display Market Insights
The global transparent display market is projected to grow at a considerable rate over the forecast period. Benefits associated with the product such as a high level of transparency along with high contrast ratio, high-speed response, and high transmittance among others are likely to have a positive influence on the overall industry. Increasing demand for advanced displays is also expected to be one of the significant factors influencing the market growth.
Factors associated with the product such as easy installation and less power consumption are likely to lead to an increase in the adoption of the product by hotels, corporate offices, and retail stores among others. However, the high price of the technology is likely to hamper the market growth over the coming years.
Transparent Display Market: Technology Insights
By technology, the market is segmented into LCD and LED. Out of these, the LED segment is projected to grow exponentially in the coming years on account of benefits such as high transparency, light weightiness, easy installation, high brightness, unique displaying nature, and power saving nature among others.
The LCD segment is anticipated to grow at a steady CAGR over the coming years. This is mainly due to the polarizing filters which inherently limit the transmission efficiency for unpolarized light up to 50% or less.
Transparent Display Market: End User Insights
By end user, the market is segregated into retail, consumer electronics, automobile, aerospace & defense among others. The automotive segment is projected to grow rapidly over the coming years. Rising adoption of the product for dashboard displays, Internal & external lighting, and digital rear-view internal mirrors is also likely to create new opportunities for the market growth.
Transparent Display Market: Regional Insights
The Asia-Pacific region is anticipated to grow at the highest CAGR, wherein China is projected to be the market leader. Rising demand for transparent displays in mobiles & wearable computing devices coupled with the growing automobile industry are the major factors motivating the growth. Europe is also expected to grow at a considerable rate over the forecast period due to the growth of the automotive sector across the region.
Transparent Display Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase transparent display over the coming years. Some leading consumers of the transparent display are Samsung Electronics, Toyota, Volkswagen Group, General Motors, Nissan and Fiat Chrysler Automobiles.
Transparent Display Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Transparent Display Market Share & Competitor Analysis
Some of the players operating in the global transparent display market include Planar Systems Inc., Samsung Group, UDC Corporation, LG Electronics, Panasonic Corporation, Pro Display, Crystal Display Systems, Evoluce GmbH, Nexnovo Technology Co. Ltd. and 2.0 Concepts.
Please note: This is not an exhaustive list of companies profiled in the report.
In July 2018, Samsung Display announced to launch an unbreakable OLED smartphone panel. The panel has been certified by Underwriters Laboratory (UL). Along with smartphones, these panels can also be used in making mobile military devices, display consoles for automobiles, portable game consoles, and tablets.
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The global Transparent Display Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Transparent Display Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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