Major Players in Transparent Display Market are Planar Systems, Samsung Display Co Ltd, Pro Display, Crystal Display Systems LTD, LG Corp, Panasonic, BenQ, Kent Optronics, Universal Display Corporation, Hikvision, NEXNOVO, 2point0 Concepts, Leyard, Globus Infocom Limited , TDK, Japan Display, Optinvent, AuroLED, Shenzhen HOXLED Optoelectronic Technology Co Ltd, AU Optronics, Vuzix, Sony Corporation, Sharp Corporation, Verizon, Harman International, TomTom.
NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of “2022 Transparent Global Market Report Presentation: Impact of the War in Ukraine and Russia” – https://www.reportlinker.com/p06368568/? utm_source = GNW
The global transparent display market is expected to grow from $1.17 billion in 2021 to $1.70 billion in 2022 at a compound annual growth rate (CAGR) of 46.15%. The Russian-Ukrainian war has disrupted the chances of a global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to the imposition of economic sanctions on many countries, higher commodity prices, and disruption of the supply chain, affecting many markets around the world. The transparent display market is expected to grow to $8.09 billion in 2026 at a compound annual growth rate (CAGR) of 47.60%.
The transparent display market consists of sales of transparent display products by entities (corporations, sole traders, partnerships) that are used to convey dynamic or interactive material through a transparent surface that allows viewers to see what is being displayed on a screen while still being able to see through the screen. Transparent screen refers to the screen in which the emissive layer receives the light from the electrical pulses passing through the conductive layer.
The main transparent display sizes include small, medium, and large, and small and medium transparent screens are used to transmit dynamic or interactive materials through a transparent surface on small and medium-sized screens focused on smartphones, tablet computers, smart watches, car displays, and screens. based user interfaces.
Different transparent display resolutions include Ultra HD, Full HD, HD and other resolutions. Transparent display technologies are LCD, OLED and other technologies.
Various transparent display products include HMD, HUD, digital signage and smart devices used by vertical sectors including consumer, retail, hospitality, sports & entertainment, aerospace & defence, healthcare, automotive, transportation, industrial and more sectors.
Asia Pacific was the largest region in Transparent Display Screen market in 2021. Regions covered in Transparent Display Screen market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Increasing demand from end-use industries is driving the growth of the transparent displays market. The transparent screen refers to the width at which the emissive layer receives the light from the electrical impulses passing through the conductive layer.
According to LG Display, a South Korean manufacturer and supplier of thin-film transistor liquid crystal display panels, OLED displays, and flexible displays, demand for transparent OLED technology is growing across a range of markets, including smart buildings and smart homes. LG Display reported that quarterly revenue for the TV segment, which consists of transparent OLED screens, rose to $1,631 million at the end of the first quarter of 2021, from $1,126 million at the end of the first quarter of 2020.
Therefore, increasing demand from end-use industries is driving the growth of the transparent display screens market.
Technological developments in display is a major trend gaining popularity in the transparent display market, and major players in the transparent display sector are focusing on developing technologically advanced displays in segments including consumer electronics to maintain their position in the market.
For example, in August 2020, Xiaomi, a China-based technology product and service company, introduced Mi TV Lux Transparent Edition, a transparent TV that uses transparent organic light-emitting diode (OLED) technology to display images that appear to float in the air. The new device has an edge-to-edge transparent display, allowing viewers to see the other side.
In March 2020, Sharp Corporation, a Japan-based multinational corporation that designs and manufactures electronic products, acquired NEC Corporation for an undisclosed amount, and with this acquisition, Sharp Corporation acquired 66% of the shares of NEC Display Solutions. Ltd.
This acquisition aims to enhance Sharp’s supply line with IT solutions in the regional market. NEC Corporation is a Japan-based IT and electronics company engaged in display solutions.
Countries covered in Transparent Display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
Transparent Display Market Research Report is one of a series of new reports providing Transparent Display Market statistics, including Global Transparent Display industry market size, regional shares, Competitors with Transparent Display market share, Detailed Transparent Display market segments, Market trends and opportunities, And any other data you may need to thrive in the transparent display industry. This Transparent Display Market research report provides a complete perspective of everything you need, with an in-depth analysis of current and future scenarios of the industry.
Read the full report: https://www.reportlinker.com/p06368568/?
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
CONTACT: Clare: firstname.lastname@example.org US: (339)-368-6001 Intl: +1 339-368-6001