Transparent Display Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028
A transparent display is an electronically advanced display that allows the user to watch the content on the glass screen while still being able to see through it. The transparent display screen is an amalgamation of touchscreen TV/computer and window. This advanced display can perform many functions familiar to tablet users, and offers various advantages. The transparent display screens come with ultra-thin design, which is lighter and more flexible than standard screens.
With extraordinary design and performance, transparent displays, including augmented transparent displays, organic light-emitting diodes (OLED), are rapidly pushing conventional flat panel displays out of consumer’s favor. The technology has gained considerable momentum in the past few years. Furthermore, as transparent display screens consume lesser power, they are witnessing growing adoption on account of growing preference for energy-efficiency materials. These factors pushed the global transparent display market over US$ 410 Mn in 2018.
Transparent Display Market – Notable Developments
Some of the most prominent competitors operating in the competitive landscape of global transparent display market include –
Transparent Display Market Dynamics
OLED Display Technology Bringing Significant Traction to Transparent Display Market
The adoption of OLED display technology is growing at a fast pace owing to its manifold advantages over LCD display technology. Manufacturers of hand-held devices, including mobile phones, digital cameras, and camcorders are equipping their products with OLED displays on account of evolving consumer preference.
The rich-features of OLED display, such as a simple-cum-elegant structure, flexible form factors, color depth, and high contrast ratio have accelerated the demand for OLED display technology in recent years. OLED transparent displays are penetrating the display ecosystem at a high rate due to the growing traction for these transparent displays from head-mounted display (HMD) vendors.
Transparent Display Opens Window of Opportunity for Video Marketing
The world is predominately driven by marketing, and the novel transparent display technology has the potential to pave way for experiential marketing that retailers seek. The see-through display technology can enable innovative video marketing that brands can incorporate in their communications strategy.
The adoption of transparent displays is also likely to gain traction in the retail sector. Transparent display or wavelength-selective scattering film can be used for advertisement on store fronts, transport, and buildings. Although currently the technology is at a nascent stage, opportunities abound for transparent display manufacturing companies.
Adoption of Transparent Display Technology in Automobile Sector on the Rise
Visual enhancement systems can facilitate a seamless driving experience during night or unfavorable conditions, such as reduced visibility. The growing adoption of HMDs and HUDs (Head-Up Display) systems is necessitating the adoption of quality display systems. Transparent displays, with their low energy consumption and advanced features, are a feasible option for HMD and HUD manufacturers. Additionally, growing demand for AR HMDs in various industrial applications for training, inspection, maintenance, and others is another leading growth propeller for transparent display market.
Transparent Display Market Segmentation
Based on technology, the transparent display market is segmented into,
Based on its application, the transparent display market is segmented into,
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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