The global wearable display market is expected to exhibit a solid 20% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The global wearable display market is expected to reach a valuation of USD 5.16 billion by 2023, according to the report. The global wearable display market is studied in great detail in the report, which includes a detailed analysis of the market’s historical growth trajectory and present condition. Major trends operating in the global wearable display market are examined in the report. Based on this information, accurate and reliable projections for the market’s likely growth trajectory over the forecast period till 2023 are presented in the report.
The competitive landscape of the global wearable display market is thus examined in detail in the report. The report also examines the impact of the COVID-19 pandemic on the global wearable display market. Leading drivers and restraints operating on the global wearable display market are examined in the report. The impact of these major drivers and restraints on the global wearable display market is examined in detail in the report. Thus, the major factors enabling the market’s growth are enlisted and profiled in the report. Leading players operating in the global wearable display market are also profiled in the research report.
Wearable displays are devices worn on the human body which include powerful sensors that collect and deliver information about their surroundings. Electronic device manufacturers are witnessing a growing demand for useful and suitable displays to enhance the user’s experience of wearable products. Different types of wearable displays include smart bands, smart watches, and head-mounted displays. Transparent displays are another example of such displays that are expected to form the core elements of the upcoming generation of wearable computing devices.
Wearable Display Market@ https://reportedtimes.com/wearable-display-market-is-set-for-a-rapid-growth-and-expected-to-reach-usd-3-16-billion-by-2023-top-companies-lumus-vision-yunnan-olightek/
The major factors driving the wearable display market are increasing use of flexible OLED displays in smart watches, growing demand for OLED displays for smart wearable devices, and technological shift and development of energy-efficient and high-specification display products. However, factors such as high costs associated with new display technology and high power consumption by wearable devices are hindering the growth of the wearable display market. During the forecast period, increasing adoption of AR/VR devices and development of micro-LED displays for smart wearable devices are expected to drive this market.
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Competitive Leaderboard:
Leading players in the global wearable display market include Lumus Vision, Yunnan OLiGHTEK, TCL Display Technology, Varitronix International, Hannstar Display, eMagin Corporation, Truly Semiconductors, Kopin Corporation, Tianma Microelectronics, BOE Technology, Sharp Corporation, Japan Display, AU Optronics, Apple, LG Display, and Samsung Electronics Co. Ltd.
Segmentation:
The global wearable display market is segmented on the basis of product type, technology, panel type, display size, vertical, and region.
- By product type, the global wearable display market is segmented into smart bands, smart watches, and head-mounted displays.
- By technology, the global wearable display market is segmented into LED-backlit LCD, and OLED.
- By panel type, the global wearable display market is segmented into rigid, flexible, and microdisplay.
- By display size, the global wearable display market is segmented into less than 1 inch, 1 to 2 inches, and more than 2 inches.
- By end use vertical, the global wearable display market is segmented into consumer goods, military and defense, healthcare, enterprise, commercial, and others.
Regional Analysis:
Asia Pacific is expected to be the major regional segment of the global wearable display market over the forecast period due to the growing presence of electronics manufacturers in the region. North America is also an important regional market for wearable display technology.
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TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- Wearable Display Market, By Segments
- Competitive Analysis
Continued…
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The global wearable display market is expected to exhibit a solid 20% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR).
Based on this information, accurate and reliable projections for the market’s likely growth trajectory over the forecast period till 2023 are presented in the report.
The competitive landscape of the global wearable display market is thus examined in detail in the report.
Wearable displays are devices worn on the human body which include powerful sensors that collect and deliver information about their surroundings.
One of the most well-known examples of this technology, the Google Glass, is a brand of smart glasses that comprise an optical head-mounted display designed in the shape of a pair of eyeglasses.
By display size, the global wearable display market is segmented into less than 1 inch, 1 to 2 inches, and more than 2 inches.
Market HighlightsThe global wearable display device materials market is estimated to be valued at USD 4,157.2 million by 2027 and is expected to register a CAGR of 13.05% during the forecast period.The polycarbonate substrate segment dominated the global market owing to its unique properties such as non-toxicity, biologically inertness, recyclability, and cost-effectiveness, which make it an excellent choice for the substrate material.By adhesives, the silicone adhesive segment accounted for 38% of the overall market share in 2020 and is expected to register a substantial CAGR during the review period.The growth of the conductive coatings segment is attributed to the advantages such as reduced coating thickness, improved electrical properties, good adhesion, durability, and design adaptability.The smartwatches end-use segment is estimated to reach a value of USD 1,910.7 million by the end of the review period.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/7754Segment AnalysisThe global wearable display device materials market has been segmented on the basis of substrates, adhesives, coatings, end-use industry, and region.On the basis of substrates, the market has been categorized into glass, fiber, polycarbonates, and others.
Among these substrates, the polycarbonates dominated the market in 2017.
This can be attributed to the unique properties of polycarbonates such as lightweight, impact resistance, UV resistance, chemical resistance, and weatherability along with its high dimensional stability, mouldability, as well as has excellent heat resistance with a glass transition temperature of up to 148°C.Based on the adhesives, the global market has been segmented into silicone, epoxy, acrylic, and polyurethane.
The silicone adhesives segment is projected to showcase substantial demand on the backdrop of its excellent flexibility, high heat and temperature resistance, as well as adherence to a wide range of surfaces including plastic, metal, and glass.By coatings, the global market has been categorized into parylene, superhydrophobic, piezoresistive, conductive, and others.
Besides, they are available at a competitive price and have low VOC content, which are the primary factors fuelling the demand for conductive coatings.On the basis of end-use industry, the global market has been segmented into smart glass, smart watches, wearable cameras, fitness trackers, and others.
Among these, the smartwatches segment is expected to register a healthy CAGR during the review period as they can perform day-to-day tasks such as receiving phone calls, read and dictate text messages and e-mails, analyzing physical activities, and monitoring fitness and health-related activities.Regional AnalysisGeographically, the global wearable display device materials market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
