27-May-2019 | Zion Market Research
Zion Market Research has published a new report titled “Transparent Display Market by Technology (Transparent LCD Screens, Transparent OLED Screens, Switchable Technology, and Others), by Product (HMD, HUD, Smart Appliance, and Digital Signage), by Display Size (Small, Medium, and Large), by Resolution (Ultra HD, Full HD, HD, and Others), and by Vertical (Industrial, Retail & Hospitality, Automotive, Aerospace & Defense, Transportation, Healthcare, Sports & Entertainment, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global transparent display market was around USD 410 million in 2018 and is expected to reach approximately USD 5,341 million by 2025, at a CAGR of slightly above 44.3% between 2019 and 2025.
Transparent displays basically display interactive information on a transparent glass surface. The technology is revolutionizing, as it not only displays pictures but also beholds the capability of displaying videos and texts onto varied physical objects. It displays high resolutions images, but alongside benefiting users with low power consumption. One of the major factors propelling the transparent display market growth is the increasing number of consumer electronics and shopping centers worldwide. Transparent displays capture a consumer’s attention. Furthermore, the rising adoption of transparent display technologies in corporates plays a significant role in driving the transparent display market development worldwide. In addition, the emerging market demand for transparent displays in smartphones and other wearable computing devices is anticipated to further support the transparent display market over the forecasted timeframe. However, the major restraining factor is the high purchasing cost of transparent displays. As the integration of transparent display technology in consumer goods is very expensive, it is observed to be unaffordable to most of the end-users.
Browse the full “Transparent Display Market by Technology (Transparent LCD Screens, Transparent OLED Screens, Switchable Technology, and Others), by Product (HMD, HUD, Smart Appliance, and Digital Signage), by Display Size (Small, Medium, and Large), by Resolution (Ultra HD, Full HD, HD, and Others), and by Vertical (Industrial, Retail & Hospitality, Automotive, Aerospace & Defense, Transportation, Healthcare, Sports & Entertainment, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/transparent-display-market
The global transparent display market is categorized based on technology, product, display size, resolution, and vertical. The technology segment includes transparent LCD screens, transparent OLED (T-OLED) screens, switchable technology, and others. Transparent OLEDs (T-OLED) are revolutionizing the entire display ecosystem and might even replace the existing display technologies in the future. HMD, HUD, smart appliance, and digital signage form the product segment of the market. The HUD segment is likely to dominate the market in the future, owing to the rising safety and reliability concerns in the automotive sector. In addition, HUDs are widely deployed in aerospace and defense, industrial, and automotive sectors. The display size segment is majorly classified into small, medium, and large. The rising the penetration rate of small- and medium-sized transparent displays in various applications, such as augmented reality HMDs and HUDs, are fuelling both these segments growth. On the basis of resolution, the market includes ultra HD, full HD, HD, and others. The vertical segment comprises industrial, retail and hospitality, automotive, aerospace and defense, transportation, healthcare, sports and entertainment, and others.
Regionally, the Asia Pacific transparent display market dominated globally in the year 2018 and is anticipated to continue its dominance in the future as well. This regional supremacy can be attributed to the rapid adoption of new advanced technologies in the emerging economies of India and China.
Some globally renowned key players operating in the transparent display market are Universal Display Corporation, Crystal Display System, Planar Systems, Panasonic, LG Electronics, Pro Display, BenQ, Kent Optronics, ClearLED, NEC Display Solutions, Evoluce GmbH, Globus Infocom, Hangzhou Hikvision Digital Technology, Samsung Display, Shenzhen HOXLED Optoelectronic Technology, Shenzhen NEXNOVO Technology, Pilot Screentime, and Shenzhen AuroLED Technology.
This report segments the global transparent display market into:
Transparent Display Market: Technology Analysis
Transparent Display Market: Product Analysis
Transparent Display Market: Display Size Analysis
Transparent Display Market: Resolution Analysis
Transparent Display Market: Vertical Analysis
Transparent Display Market: Regional Analysis
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