Benefits such as low power consumption and enhanced performance are expected to drive e-paper display market growth over the next six years. Technological advancements, matured display technologies and growing environmental awareness have favorably impacted the e-paper display market. Developments in manufacturing technologies have led to an electronic paper portfolio that includes flexible, colored, high resolution and large format displays. All the aforementioned features enable product development for different market applications such as smart cards, e-readers, electronic tags, advertising billboards, phone button display, etc.
Use of e-paper displays across an array of applications including e-books, portable signs, digital displays and e-newspapers is also expected to drive the market growth substantially. Manufacturers aim to expand the application area for this technology by finding ways of manufacturing advanced and low cost e-paper display. E-papers are highly flexible and exhibit a wide viewing angle, which is also expected to positively impact market growth. Increasing internet usage along with growing demand for tablets and smartphones is expected to drive demand over the forecast period. Low switching speed and electrochemical complexity may pose a challenge to the electronic paper display market. High manufacturing cost may also hinder market growth. However, the potential to explore untapped markets and rise in investment are expected to provide avenues for EPD market growth.
Key e-paper display market participants include LG Display, Hanvon Technology Co., Ltd, Delta Electronics Inc., NEC LCD Technologies Ltd, E Ink Holdings Inc., Sony Corporation and Qualcomm MEMS Technologies Inc. Manufacturers emphasize on new e-paper display modules in order to meet customer requirements and expand into new market applications. Furthermore, major market players such as E Ink focus on strengthening international co-operation in manufacturing, technology and resources so as to develop new low-power and low-cost display technologies and lay a basis for sustainable development.
Avail customized purchase options to meet your exact research needs:
Get your queries resolved from an industry expert.
Design an exclusive study to serve your research needs.
A testimonial for service in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.
"The quality of research they have done for us has been excellent..."
The ongoing COVID-19 outbreak has adversely affected the display industry with manufacturing operations temporarily suspended across major manufacturing hubs, leading to a substantial slowdown in the production. Major manufacturers including Samsung, LG Display, and Xiaomi among others have suspended their manufacturing operations in China, India, South Korea, and European countries. In addition to having an impact on the production, the ongoing pandemic has taken a toll on the consumer demand for display integrated devices, likely exacerbated by the lockdown imposed across major countries. Uncertainty regarding the possible length of lockdown makes it difficult to anticipate how and when a resurgence in the display industry will occur. On the flip side, increased demand for displays in medical equipment including ventilators and respirators is expected to keep the demand for displays afloat in the coming months. The report will account for Covid19 as a key market contributor.