TMCnet News
Global $3.37 Billion Wearable Display Market Report 2018-2023 - A Major Market Driver is Increasing Use of Flexible OLED Displays in SmartwatchesDUBLIN, May 21, 2018 /PRNewswire/ -- The "Wearable Display Market by Product Type (Smart Bands, Smartwatches, Head-Mounted Displays), Display Technology (LED-Backlit LCD, OLED), Panel Type (Rigid, Flexible, Microdisplay), Display Size, Vertical, and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.  The wearable display market is expected to be valued at USD 1.34 billion in 2018 and is expected to reach USD 3.37 billion by 2023, at a CAGR of 20.33% between 2018 and 2023. The increased use of flexible OLED displays in smartwatches, rising demand for OLED display for use in smart wearable devices, and technological shift and development of energy-efficient and high-specification display products are driving the growth of the market. However, factors such as high costs associated with new display technology-based products and high power consumption by wearable devices are restraining the growth of the market. Increasing use of AR HMDs or smart glasses in enterprise and industry applications is expected to drive the growth of the market for OLED-based head mounted displays. Moreover, AR can be used to teach complex maintenance procedures for factory equipment - overlaying animation-based instructions and reference materials directly onto the physical gear. Many AR HMD or smart glass manufacturers are expected to target the enterprise and industry segment in the coming years. The wearable display market in APAC is expected to grow at the highest rate during the forecast period owing to the presence of major display panel and brand product manufacturers in the region - companies usually launch their products or technologies in their respective regions. Early exposure to the latest display products is driving the growth of the market in APAC. Key Topics Covered 1 Introduction 2.2.2.1 Approach for Capturing Market Share By Top-Down Analysis (Supply-Side) 2.3 Market Breakdown and Data Triangulation 2.4 Research Assumptions 3 Executive Summary 4 Premium Insights 4.1 Attractive Opportunities in the Wearable Display Market 4.2 Wearable Display Market, By Product Type 4.3 Wearable Display Market, By Display Size 4.4 Wearable Display Market, By Panel Type 4.5 Wearable Display Market in APAC, By Product Type and Country (2017) 4.6 Wearable Display Market, By Vertical (2017-2023) 4.7 Wearable Display Market, By Geography (2017) 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Increased Use of Flexible OLED Displays in Smartwatches 5.2.1.2 Rising Demand for OLED Display in Smart Wearable Devices 5.2.1.3 Technological Shift and Development of Energy-Efficient and High-Specification Display Products 5.2.2 Restraints 5.2.2.1 High Costs Associated With New Display Technology-Based Products 5.2.2.2 High Power Consumption and Efficiency in Wearable Devices 5.2.3 Opportunities 5.2.3.1 Increasing Adoption of AR/VR Devices 5.2.3.2 Development of Micro-LED Displays for Smart Wearable Devices 5.2.4 Challenges 5.2.4.1 Latency in AR/VR Systems 5.3 Industry Trends 5.4 Value Chain Analysis 5.4.1 Research and Development 5.4.2 Panel Manufacturing 5.4.3 Product Development 5.5 High Growth Opportunities 6 Wearable Display Market, By Product Type 6.1 Introduction 6.2 Smart Bands/Activity Trackers 6.3 Smartwatches 6.4 Head-Mounted Displays 6.4.1 Augmented Reality 6.4.2 Virtual Reality 7 Wearable Display Market, By Display Technology 7.1 Introduction 7.2 LED-Backlit LCD 7.3 OLED 8 Wearable Display Market, By Panel Type 8.1 Introduction 8.2 Rigid 8.3 Flexible 8.4 Microdisplay 9 Wearable Display Market, By Display Size (Diagonal) 9.1 Introduction 9.2 Less Than 1 Inch 9.3 1 to 2 Inches 9.4 More Than 2 Inches 10 Wearable Display Market, By Vertical 10.1 Introduction 10.2 Consumer 10.2.1 Gaming 10.2.2 Entertainment 10.2.3 Sports 10.2.4 Others 10.3 Military & Defense 10.4 Healthcare 10.5 Enterprise and Industry 10.6 Commercial 10.6.1 Advertising, Marketing, and Branding 10.6.2 Retail 10.6.3 Tourism 10.7 Others 10.7.1 Education & Training 10.7.2 Public Safety 11 Wearable Display Market, By Region 11.1 Introduction 11.2 North America 11.2.1 US 11.2.2 Canada 11.2.3 Mexico 11.3 Europe 11.3.1 UK 11.3.2 Germany 11.3.3 France 11.3.4 Rest of Europe 11.4 Asia Pacific 11.4.1 China 11.4.2 Japan 11.4.3 South Korea 11.4.4 Rest of APAC 11.5 Rest of the World 11.5.1 Middle East 11.5.2 Africa 11.5.3 South America 12 Competitive Landscape 12.1 Overview 12.2 Key Players in the Wearable Display Market 12.3 Competitive Situations and Trends 12.4 Competitive Scenario 12.4.1 Product Launches and Developments 12.4.2 Partnerships, Collaborations, and Agreements 12.4.3 Expansions 13 Company Profiles 13.1 Key Players 13.1.1 Samsung Electronics 13.1.2 LG Display 13.1.3 AU Optronics 13.1.4 Japan Display 13.1.5 Sharp (Foxconn) 13.1.6 BOE Technology 13.1.7 Tianma Microelectronics 13.1.8 Kopin Corporation 13.1.9 Truly Semiconductors 13.1.10 Emagin Corporation 13.2 Other Important Players 13.2.1 Hannstar Display 13.2.2 Varitronix International 13.2.3 TCL Display Technology 13.2.4 Yunnan Olightek 13.2.5 Lumus Vision 13.3 Key Innovators 13.3.1 Dresden Microdisplay 13.3.2 Jasper Display 13.3.3 Raontech 13.3.4 E Ink 13.3.5 Neovel Technologies For more information about this report visit https://www.researchandmarkets.com/research/hbt8wt/global_3_37?w=5 Media Contact: Research and Markets
SOURCE Research and Markets 
|
View original content: