FACTS AT A GLANCE
Editing: 15; Posted: January 2021
Management commitments: 1522
Companies: 56 – Players covered include Displaydata Ltd. ; Show innovations; E Ink Holdings, Inc .; Kent Displays, Inc .; LANCOM Systems GmbH; Liquavista BV; Ubiquitous Displays, Inc .; Plastic Logic Germany; Xerox Corp .; Zikon, Inc. et al.
Blanket: All major geographies and key segments
Segments: Product (electronic reading devices, mobile devices, signage / poster devices, other products); End use (consumer electronics, retail, automotive, healthcare, media and entertainment, other end uses)
Geographies: World; United States; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia Pacific; Australia; India; South Korea; Rest of Asia Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UNITED ARAB EMIRATES; Rest of Middle East; Africa.
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Global E-Paper Display Market To Reach $ 14.3 billion by 2026
Electronic paper technology has moved from the traditional realm of e-readers to a few unexpected end-use devices, such as smartwatches, smartphones and signage. All of this indicates that there is enormous potential for the technology that has yet to be fully realized, opening a completely new chapter in its use and expanding the potential for adoption of the technology. In the future, ePaper displays would be literally everywhere, including tickets, filing cabinets, medication labels, food containers, office walls, and home walls, among others, displaying up-to-date information and even transforming architectural elements in designs providing information. Sectors such as healthcare, retail, and hospitality, among others, are rapidly adopting the wireless ePaper for displays. The main advantage of ePaper displays is their wireless control functionality. A number of screens, sometimes even hundreds, can be controlled using a single computer. The main attribute of enabling central control, along with the versatility of the displays, is expected to drive the adoption of the technology to several new applications in the future.
Amid COVID-19 Crisis, Global E-Paper Display Market Estimated At US $ 2.9 billion in 2020, is expected to reach a revised size of US $ 14.3 billion by 2026, with a CAGR of 29.9% over the analysis period. Electronic reading devices, one of the segments analyzed in the report, is expected to grow at a CAGR of 28.8% to reach US $ 7.9 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the mobile device segment is readjusted to a revised CAGR of 15.2% for the next 7-year period. This segment currently represents a 22.9% share of the global E-Paper display market.
The US market is estimated at $ 1.3 billion in 2021, when China is expected to reach $ 2.5 billion by 2026
The E-Paper display market in the United States is estimated at US $ 1.3 billion in 2021. The country currently represents a 35.96% share of the global market. China, the world’s second-largest economy, is expected to reach an estimated market size of US $ 2.5 billion during the year 2026, with a CAGR of 32.8% throughout the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 26.4% and 27% respectively over the period of analysis. In Europe, Germany is expected to grow by around 29.5% CAGR while the rest of the European market (as defined in the study) will reach 3.4 billion US dollars at the end of the analysis period.
The market for e-paper displays is expected to record tremendous gains due to the increasing demand for consumer electronics as well as portable devices, which reinforces the need for advanced displays to deliver improved user experience. Electronic paper displays are increasingly accepted by suppliers of consumer electronics and portable devices. The growing proliferation of smartphones and tablets has positive implications for consumer electronics, creating a strong demand for electronic paper displays that extend battery life and reduce eye strain. The market is being propelled by the increase in access to free e-books as well as the transition of tech-savvy consumers from traditional books to e-books. Large numbers of adults in developed countries such as the United States use tablets, smartphones, or e-readers to read e-books. The trend is leading various companies to offer low power devices for e-book readers. Electronic paper screens are also increasingly accepted by smartphone manufacturers.
Signaling / Display Device Segment to Reach $ 4.2 billion by 2026
In the global signage / poster device segment, United States, Canada, Japan, China and Europe will drive the estimated 39.9% CAGR for this segment. These regional markets representing a combined market size of 460.4 million US dollars in the year 2020. China will remain among the most dynamic in this group of regional markets. Led by countries such as Australia, India, and South Korea, the market of Asia Pacific should reach US $ 351.3 million by 2026, while Latin America will increase at a CAGR of 40.9% throughout the analysis period. After
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