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Global Large Area Displays Market - Analysis, Technologies & Forecasts to 2021 - Growing Adoption of Digital Displays Over Traditional Advertisement Methods - Research and Markets

[February 08, 2017]

Global Large Area Displays Market - Analysis, Technologies & Forecasts to 2021 - Growing Adoption of Digital Displays Over Traditional Advertisement Methods - Research and Markets

Research and Markets has announced the addition of the "Global Large Area Displays Market 2017-2021" report to their offering.

The global large area displays market to grow at a CAGR of 1.62% during the period 2017-2021.

Global Large Area Displays Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, OLED displays are thinner, lighter, more flexible, and emit brighter colors than other existing display technologies such as LCDs. Unlike LCDs, these do not require a backlight and have a fast response time of 0.01 milliseconds. OLED displays are flexible. Curved OLED TVs and other devices that utilize this feature offer a better viewing angle to users. OLED displays consume less power because of the phosphorescent organic material, which has better conversion rate than LCDs.

The global OLED isplays market is still in its nascent stage. Exponential growth in screen pixel numbers played a vital role in the adoption of OLED displays in 2016. LG Display is the pioneer in OLED technology and has a huge portfolio of OLED TVs. The company announced an investment of more than $8.7 billion to expand and build a new plant to produce OLED displays in 2015. This plant is expected to start its production by 2018, which will provide OLED displays for automotive, TVs, and wearables.

Key vendors