Transparent display industry around the world until 2028

Transparent Display Industry Worldwide to 2028 – The entertainment sector is expected to have a significant share

DUBLIN, Jan. 24, 2023 (GLOBE NEWSWIRE) — “Transparent Global Market Research & Forecast, 2022-2028” report has been added to

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The global transparent display market is expected to grow at a significant CAGR of 7.4% during the forecast period. Transparent displays are used in augmented reality, digital signage, smartphones, wearable devices, game consoles, military and retail.

Transparent screens have become popular in virtual reality and other applications including displays in shopping malls, computer monitors, and game consoles. Moreover, advances in technology and increase in the use of transparent displays are also contributing to the growth of the transparent displays market. However, higher costs associated with transparent display products can hinder the growth of transparent display in the forecast period.

Moreover, increasing demand for Transparent Light-Emitting Diode (OLED), Passive Matrix OLED, and Wrap-around Transparent Display is also contributing to the growth of the market. Also, in game consoles, the demand for transparent displays is a factor contributing to the growth of the market.

In addition, the use of transparent displays in aviation and the military is driving market growth. For example, LG puts transparent OLED screens in the plane. It is a rollable TV hidden in the ceiling that can be rolled down like a projector. Flight information will be presented on transparent OLED screens.

Moreover, the demand for transparent displays in smartphones is also increasing as companies file patents for making smartphone displays, for example, in January 2020, Samsung Electronics filed a patent with the United States Patent and Trademark Office (USPTO) and Intellectual Property World Organization (WIPO) published August 2020.

The patent described the technology used to develop transparent smartphones and the same technology can be applied to develop transparent displays for other consumer electronic products such as television, monitor, game console and camera.

Impact of the COVID-19 Pandemic on the Global Transparent Display Market

The global transparent display market has been affected by the outbreak of the COVID-19 virus. The lockdown caused supply chain disruptions for companies and halted manufacturing as well. The number of buyers of transparent screens has dropped dramatically during the pandemic, due to strict guidelines and restrictions imposed by regulatory authorities to avoid social gatherings and crowded places.

Therefore, all physical stores were closed and so was supply demand. COVID-19 mainly affected the display market in China due to the reduction in manpower and delays in receiving components and units for production.

As a result, Samsung announced the discontinuation of LCD production in South Korea and China by March 2021 and signed a contract to sell its factory in Suzhou, China, to Chinese optoelectronic technology. In 2020, Samsung sold some of its L8 factory equipment to Eloflong, a Chinese display manufacturer.

sectoral view

The global transparent display screens market is segmented on the basis of technology and application. On the basis of type, the market is segmented into transparent liquid crystal display market, transparent LED market, transparent plasma display panels market, and other (electrochemical and electrochemical displays) market.

On the basis of application, the market is segmented into Game Consoles, Smart Wearable Devices, Smartphones & Tablets, Military, Retail Industry, and others.

The entertainment sector is expected to have a significant share in the transparent display market

Among the transparent display applications, the entertainment sector is expected to hold a prominent share and is also expected to grow during the forecast period. In the entertainment sector, the market offers transparent TV and signage. The transparent screen allows users to see through the screen what is on the screen.

There is an increasing demand for Transparent Light-Emitting Diode OLED and Passive Matrix OLED. Transparent displays are also used in the display box to show product and related information in stores. Factors such as technological advances in digital signage, and transparent OLED, anticipate the growth of the market during the forecast period.

regional prospects

The global Transparent Display market is further segmented on the basis of geography including North America (United States and Canada), Europe (Italy, Spain, Germany, France, etc.), Asia-Pacific (India, China, Japan, etc.), and Rest of the World (Middle East, Africa, and Latin America).

North America is expected to dominate the global transparent display market due to developments in virtual reality technology. For example, the approval of Apple Inc. On the patent for transparent augmented reality phones in the market growth.

The Asia Pacific region is expected to have a significant share in the global transparent display market

The Asia Pacific region is expected to hold a significant market share in the global transparent display market. In the region, China and India are making rapid progress.

Technical advancement in transparent presentation and new product launches with innovation are factors that increase market demand in the region. Additionally, in December 2020, DNP com. Ltd. has developed a new transparent screen with motion sensor. It can run in a non-touch format to make it contactless to prevent the spread of COVID-19.

market player predictions

The major players operating in the transparent display market are 3M Corporation, LCD Display Systems and LG Displays Co., Ltd. Japan Display Inc. and ClearLed Inc. and BenQ America Corp. clear display systems and many more.

Market players contribute significantly to the growth of the market by adopting various strategies including mergers and acquisitions, collaborations, financing, and new product launches, to stay competitive in the market. For example, in March 2020, Xiaomi launched the transparent MI TV LUX LED version with a glass screen that offers a different viewing experience at a price of $7,723.52 in China.

Report covers

  • Analysis of market value data for the year 2021 and expected until 2028.

  • Annual market revenues (million dollars) for each market segment.

  • Country analysis of the main geographic regions.

  • Key companies operating in the global transparent display market. Depending on the availability of data, information on new product launches and related news is also available in the report.

  • Analyze business strategies by identifying key market segments that are eligible for strong growth in the future.

  • Analyze market entry and market expansion strategies.

  • Competitive Strategies by Determining ‘Who Stands in the Market’.

Main topics covered:

1. Analysis of the current industry and potential growth prospects

2. Market overview and insights

2.1. Report scope

2.2. Analyst insight and current market trends

2.2.1. Main findings

2.2.2. Recommendations

2.2.3. conclusion

3. The competitive landscape

3.1. Key company analysis

3.1.1. summary

3.1.2. financial analysis

3.1.3. SWOT analysis

3.1.4. Recent developments

3.2 Analysis of the main strategy

3.3 The Impact of COVID-19 on Key Players

4. Market segmentation

4.1 Global Transparent Display Market By Technology

4.1.1. transparent liquid crystal display market

4.1.2. transparent light emitting diode market

4.1.3. Transparent plasma display panels

4.1.4. Other (electrochemical and electrostatic display)

4.2 Global Transparent Display Market, by Application

4.2.1. Games control

4.2.2. Smart wearable devices

4.2.3. Smartphones and tablets

4.2.4. the cars

4.2.5. Army

4.2.6. entertainment

4.2.7. Retail sector

4.2.8. else

5. Regional analysis

5.1 North America

5.1.1. United State

5.1.2. Canada

5.2 Europe

5.2.1. United kingdom

5.2.2. Germany

5.2.3. Italy

5.2.4. Spain

5.2.5. France

5.2.6. Rest of Europe

5.3 Asia and the Pacific

5.3.1. China

5.3.2. India

5.3.3. Japan

5.3.4. South Korea

5.3.5. Rest of Asia Pacific

5.4. the rest of the world

6. Company profiles

6.1.3 million companies

6.2 Apple Inc

6.3 AU Optronics Corp.

6.4. BenQ America Corp.

6.5. ClearLED Corporation

6.6. LCD systems

6.7 Dai Nippon Printing Co., Ltd

6.8 Google, LLC

6.9 Japan Display, Inc.

6.10. LG Display Co., Ltd.

6.11. Kent Optronics, Inc.

6.12. TDK Corp.

6.13. Royole Corp.

6.14. WiseChip Semiconductor, Inc.

6.15. Panasonic Corporation

6.16. Corning, Inc.

6.17. Saint-Gobain SA

6.18. Samsung Display Co., Ltd.

6.19. Shenzhen HOXLED Optoelectronic Technology Co., Ltd.

6.20. NEXNOVO Technology Co., Ltd.

6.21. SmartChem, Ltd.

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