A recent report published by Infinium Global Research on
E-paper display market provides an in-depth analysis of segments and
sub-segments in the global as well as regional E-paper display market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional E-paper display market over the short term as well
as long term. The report is a comprehensive presentation of trends, forecasts,
and dollar values of the global E-paper display market. According to the
report, the global E-paper the display market is projected to grow at a CAGR of
35.1% over the forecast period of 2020-2026.
E-paper display is one of the most commonly used display
technologies that offer numerous benefits over its other counterparts, such as
light emitting diode (LED), digital light processing (DLP) and liquid crystal
display (LCD). Its unique features include daylight readability, minimum or no
strain on the eye, minimum-power consumption, low cost and custom manufacturing.
It has a broad range of application areas that includes education and training,
retail, mobile and wearables, packaging, interior designing, public
transportation, gas stations, museums, luggage tags, smart cards, and smart
homes. Furthermore, the development of smart cities across the globe is
offering a great opportunity for growth for the e-paper display market.
The outbreak of COVID 19 is least likely to impact the
annual growth rate of the global e-paper display market. The demand for portable
readable devices such as smart phones and tablets surged during the pandemic
period. The ePaper displays enjoyed tremendous success in the eBook application
over the period of pandemic, particularly, with the launch of eTextbooks for
students. Moreover, the major application of e-paper display, .i.e. Amazon
Kindle saw a significant spike in sales as many schools switched to using Zoom
for their classes and a $40 Kindle can run Zoom. However, severe supply
disruptions were witnessed in the market as China and the US major manufacturer
of e-paper display technologies were starkly affected by the COVID-29 outbreak.
The factories faced shortages of both labor and key components as a result of
mandates designed to limit the contagion’s spread. As a result, companies
experienced short-term slowdowns in production compared to expected levels.
However, over the long term, the market is expected to gain stability due to
the growing awareness about the benefits of e-paper display, rising investments
in environment friendly technologies and with the growing usage of digital
signages.
E-papers provide durability and reliability, data storage
and require low power which saves the cost of power generation. E-paper power
consumption is minimal since electronic paper displays need no power to display
an image, whereas, they simply use power to change the content. These
interactive and dynamic advantages offered by this display technology are
expected to drive its demand in several applications over the forecast period.
Currently, they are being used in the transportation information system, menu
board, gas station price signboards, and digital bus stop. Its implementation
in different applications has benefited different organizations and industries.
They are also finding applications in IoT sensors for providing a local
indication of temperature and are using energy-harvesting techniques to provide
sufficient power to refresh the display. Besides that, as environmentally
friendly technologies are becoming an important aspect of society, they are
also gaining investments more than other technologies. Further, as smart cities
emerge and as the need for green technology in urban development increase, the
e-paper display is projected to experience high growth over the upcoming years.
However, Existing display technologies such as IPS displays and AMOLED displays
in the market to hamper the growth of the e-paper display market. Moreover,
multiple developments in the e-paper display market and advancements in
technology to offer fruitful growth opportunities for the market .
Geographically, the global E-paper market has been segmented
into North America, Europe, Asia Pacific, and RoW. North America held a large
share in the E-paper market owing to the technological developments consuming
less energy and high usage of tablets and e-book readings among millennials.
Growing applications and a positive impact on the environment are helping to
increase the demand for E-paper in the North America market. Asia Pacific
E-paper market is expected to witness the highest CAGR over the forecast period
owing to the increasing penetration of tablets and acceptance of electronic
medium for day to day functions such as reading. China is said to be the
largest market in Asia-Pacific due to the development of smart cities and
growing trends of e-books.Pacific region is expected to witness substantial
growth during the forecast period owing to the rising demand for compact and
light-weight electronic devices. The presence of a large number of consumer
electronics manufacturers and a huge customer base is also supporting the
regional demand for E-paper displays.
The report on the global E-paper display market covers
segments such as product type and application. On the basis of product type,
the sub-markets include auxiliary displays, electronic shelf labels, e-readers,
and others. On the basis of application, the sub-markets include automotive
& transportation, consumer & wearable electronics, institutional, media
& entertainment, retail & enterprise, and others.
The report provides profiles of the companies in the market
such as Amazon Liquavista, Cambrios Technologies Corporation, Clearink Display,
E ink Holdings, Guangzhou Oed Technologies Co. Ltd, Inkcase, LG Electronics,
Pervasive Displays, Plastic Logic, and Samsung C&T Corporation.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the E-paper
display market. Moreover, the study highlights current market trends and
provides forecasts from 2020-2026. We also have highlighted future trends in
the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.