The global next-generation display materials market is expected to reach a market size of USD 380.03 Billion in 2028 and register a steady CAGR during the forecast period, according to latest analysis by Emergen Research. Rising demand for OLED displays, increasing disposable income among consumers, advancements in technology, and change in lifestyle are some key factors supporting market growth. Next-generation displays eliminate some major drawbacks of LCD technology. OLED is a leading technology as compared to IPS-LCD technology, and is used in almost all modern display products and devices.
In January 2024, Samsung Display Company launched a new low-power OLED display for Galaxy S21 Ultra smartphones. This OLED display will help to reduce power consumption by up to 16%.
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Further Key Findings in the Report:
- The OLED segment in the global next-generation display materials market is expected to register a robust CAGR during forecast period. OLED technology is used in almost all advanced display devices and panels.
- The market in Europe accounted for a double-digit revenue share in the global market in 2020. Key factors such as growing focus on display materials, and support for research and development by governments are key factors expected to continue to support growth of the market in the region.
- Key players operating in the market are Idemitsu Kosan Co., Ltd., Toray Industries, Inc, Samsung SDI Co., Universal Display Corp., Novaled GmbH, Nanosys Inc., Nanoco Group PLC, Doosan Corporation, Quantum Materials Corp., and PPG Industries, Inc.
Next-Generation Display Materials Market Segmentation:
For the purpose of this report, Emergen Research has segmented the global next-generation display materials market based on technology type, material, application, and region as follows:
- Technology Type Outlook (Revenue: USD Billion; 2020–2028)
- OLED
- IPS-LCD
- Others
- Material Outlook (Revenue: USD Billion; 2020–2028)
- Substrate
- Polarizer
- Color Filter
- Liquid Crystals
- Backlighting Unit
- Emitter and Organic Layer
- Encapsulation
- Application Outlook (Revenue: USD Billion; 2020–2028)
- Smartphones
- Televisions and Monitors
- Smart watches
- Automotive Displays
- Laptops and Tablets
- Others
Key Geographical Segments:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Major Objectives of the Study:
- To offer a comprehensive analysis of the market scenario to derive an accurate forecast of the market and its major segments
- Accurate insights into the future growth prospects of the market through an analysis of the influencing factors
- Analysis of vital aspects of the market including cost analysis, supply chain analysis, Porter’s Five Forces analysis, SWOT analysis, and investment return analysis
- Extensive historical and forecast estimation of the market revenue based on its key segments and key regions
- Comprehensive analysis of the competitive landscape of the market along with exhaustive profiling of the key competitors, product portfolio, and manufacturing and production capabilities
- An accurate and comprehensive 8-year forecast for the Next-Generation Display Materials industry vertical on both regional and global scale
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Global Next-Generation Display Materials Market Segmentation & Impact Analysis
4.1. Global Next-Generation Display Materials Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for OLED technology in television and smartphone industry
4.2.2.2. Rising preference for large panel display
4.2.3. Market restraints analysis
4.2.3.1. High Cost of display materials
4.2.3.2. Lack of awareness among consumers
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Global Next-Generation Display Materials Market Technology Type Insights & Trends, Revenue (USD Million)
5.1. Technology Type Dynamics & Market Share, 2019 & 2027
5.1.1. OLED
5.1.2. IPS-LCD
5.1.3. Others
READ MORE…!
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