Press release
Next-Generation Display Materials Market Key Players Analysis - Idemitsu Kosan Co., Ltd., Toray Industries, Inc., Samsung SDI Co., Universal Display Corporation, Novaled.
Insightace Analytic Pvt. Ltd. Announces The Release Of A Market Assessment Report On The "Global Next-Generation Display Materials Market Size, Share & Trends Analysis Report By Product (Organic Light Emitting Diode (OLED), Thin-Film Transistors LCD (TFT-LCD)) And Application (Smartphones, Television And Monitors, Smartwatches, Automotive Displays, Laptops And Tablets)- Market Outlook And Industry Analysis 2031"
The global next-generation display materials market is estimated to reach over USD 259.31 billion by 2031, exhibiting a CAGR of 7.05% during the forecast period.
Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1577
Digital components with flat panels made of one or more layers of organic materials producing light are next-generation display materials. The advantages of next-generation display materials, such as increased contrast and sharpness as well as enhanced brightness over conventional panels, have made them popular among a variety of end users around the world.
Additionally, these display materials have advantages, including energy economy & reduced power consumption, wider viewing angles, and faster response times. Their ease of adaptation to various climatic conditions and low maintenance are expanding their use in several fields. The consumer electronics sector's soaring need for next-generation display materials to yield sufficient display panels for products like tablets, notebooks, telephones, and other consumer technology is the main factor driving the market's expansion.
The market and the expanding consumer preferences for new technology display devices drive the demand for next-generation displays. In addition, higher disposable incomes and increasing living standards are important factors encouraging the use of consumer electronics and having a favorable impact on the demand for certain display materials.
List of Prominent Players in the Next-Generation Display Materials Market:
• Idemitsu Kosan Co., Ltd
• Toray Industries, Inc
• Samsung SDI Co
• Universal Display Corporation
• Novaled GmbH
• Nanosys Inc
• Nanoco Group PLC
• Doosan Corporation
• Quantum Materials Corporation
• PPG Industries, Inc
• DuPont Inc
• Optovate
• Plessey
• eLux Inc
• Jade Bird Display Inc
Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2024-02
Market Dynamics:
Drivers-
The need for smartwatches to measure health and monitor heart rates, hypertension, footfall, and other factors has increased due to the aging population and their health hazards. The growing popularity of wearable technology is driving the global market for next-generation display materials. The market is expected to grow through 2026 due to improved plasma technology, low-power consumption characteristics, greater quality, and increased thermal resistance of next-generation displays. Additionally, the biggest users of next-generation display materials-the automotive, consumer devices, defense & aerospace industries, etc.-will probably present profitable growth prospects for the top companies in the market during the next years.
Challenges:
The market is anticipated that the high price of the materials used and the development indicator utilizing this display will constrain the industry's growth. To distribute such high-resolution films and images, 4K technology needs a lot of storage space and connectivity, which presents challenges for this cutting-edge equipment.
Regional Trends:
The Asia pacific next-generation display materials market is expected to register a major market share in terms of revenue and is projected to grow at a high CAGR shortly. It owes mostly to numerous research and development initiatives for improvements & innovations in next-generation display materials by governments of various nations in the region. The existence & active participation of important firms supplying succeeding screen materials, together with the number of low-cost laborers due to the huge population in nations like China, India, etc., are additional crucial factors enhancing the regional market expansion. Further boosting the demand for this stock inventory in Asia-Pacific is the region's sizable customer base for electronic products like televisions, computers, tablets, cellphones, and wearables. Besides, North America had a substantial share of the market. Because the region is a leader in technology adoption, there is a growing market for OLED display components, and wearable health-monitoring technology is becoming more widely used. Due to their wide growth potential and significant investments in delivering innovations and technological upgrades, the US and Canada are the two largest regional marketplaces.
Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/1577
Recent Developments:
• In January 2022-Samsung Display introduced new foldable demo OLED products such as the Flex G, Flex S, and Flex Note. The items can be found in smartphones and laptops with foldable displays and computers without a keyboard.
• In April 2020-Merck purchased an OLED patent portfolio from Konica Minolta Inc. to strengthen its position as a leading provider of OLED materials in the market.
Segmentation of Next-Generation Display Materials Market-
By Product-
• Organic Light Emitting Diode (OLED)
o Electron Transport Layer
o Hole Transport Layer
o Emissive Layer
o Substrate
o Electrodes
o Conductive Layer
o Encapsulation
• Thin-Film Transistors LCD (TFT-LCD)
o Backlight Unit
o Color Filters
o Glass Panels
o Polarizers
o Integrated Circuits (ICs)
• Others (Micro-LED, Mini-LED, And QLED).
By Application-
• Smartphones
• Television And Monitors
• Smartwatches
• Automotive Displays
• Laptops And Tablets
• Others p
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Empower Your Decision-Making with 180 Pages Full Report @ https://www.insightaceanalytic.com/buy-report/1577
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
The global next-generation display materials market is estimated to reach over USD 259.31 billion by 2031, exhibiting a CAGR of 7.05% during the forecast period.
Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1577
Digital components with flat panels made of one or more layers of organic materials producing light are next-generation display materials. The advantages of next-generation display materials, such as increased contrast and sharpness as well as enhanced brightness over conventional panels, have made them popular among a variety of end users around the world.
Additionally, these display materials have advantages, including energy economy & reduced power consumption, wider viewing angles, and faster response times. Their ease of adaptation to various climatic conditions and low maintenance are expanding their use in several fields. The consumer electronics sector's soaring need for next-generation display materials to yield sufficient display panels for products like tablets, notebooks, telephones, and other consumer technology is the main factor driving the market's expansion.
The market and the expanding consumer preferences for new technology display devices drive the demand for next-generation displays. In addition, higher disposable incomes and increasing living standards are important factors encouraging the use of consumer electronics and having a favorable impact on the demand for certain display materials.
List of Prominent Players in the Next-Generation Display Materials Market:
• Idemitsu Kosan Co., Ltd
• Toray Industries, Inc
• Samsung SDI Co
• Universal Display Corporation
• Novaled GmbH
• Nanosys Inc
• Nanoco Group PLC
• Doosan Corporation
• Quantum Materials Corporation
• PPG Industries, Inc
• DuPont Inc
• Optovate
• Plessey
• eLux Inc
• Jade Bird Display Inc
Expert Knowledge, Just a Click Away: https://calendly.com/insightaceanalytic/30min?month=2024-02
Market Dynamics:
Drivers-
The need for smartwatches to measure health and monitor heart rates, hypertension, footfall, and other factors has increased due to the aging population and their health hazards. The growing popularity of wearable technology is driving the global market for next-generation display materials. The market is expected to grow through 2026 due to improved plasma technology, low-power consumption characteristics, greater quality, and increased thermal resistance of next-generation displays. Additionally, the biggest users of next-generation display materials-the automotive, consumer devices, defense & aerospace industries, etc.-will probably present profitable growth prospects for the top companies in the market during the next years.
Challenges:
The market is anticipated that the high price of the materials used and the development indicator utilizing this display will constrain the industry's growth. To distribute such high-resolution films and images, 4K technology needs a lot of storage space and connectivity, which presents challenges for this cutting-edge equipment.
Regional Trends:
The Asia pacific next-generation display materials market is expected to register a major market share in terms of revenue and is projected to grow at a high CAGR shortly. It owes mostly to numerous research and development initiatives for improvements & innovations in next-generation display materials by governments of various nations in the region. The existence & active participation of important firms supplying succeeding screen materials, together with the number of low-cost laborers due to the huge population in nations like China, India, etc., are additional crucial factors enhancing the regional market expansion. Further boosting the demand for this stock inventory in Asia-Pacific is the region's sizable customer base for electronic products like televisions, computers, tablets, cellphones, and wearables. Besides, North America had a substantial share of the market. Because the region is a leader in technology adoption, there is a growing market for OLED display components, and wearable health-monitoring technology is becoming more widely used. Due to their wide growth potential and significant investments in delivering innovations and technological upgrades, the US and Canada are the two largest regional marketplaces.
Unlock Your GTM Strategy: https://www.insightaceanalytic.com/customisation/1577
Recent Developments:
• In January 2022-Samsung Display introduced new foldable demo OLED products such as the Flex G, Flex S, and Flex Note. The items can be found in smartphones and laptops with foldable displays and computers without a keyboard.
• In April 2020-Merck purchased an OLED patent portfolio from Konica Minolta Inc. to strengthen its position as a leading provider of OLED materials in the market.
Segmentation of Next-Generation Display Materials Market-
By Product-
• Organic Light Emitting Diode (OLED)
o Electron Transport Layer
o Hole Transport Layer
o Emissive Layer
o Substrate
o Electrodes
o Conductive Layer
o Encapsulation
• Thin-Film Transistors LCD (TFT-LCD)
o Backlight Unit
o Color Filters
o Glass Panels
o Polarizers
o Integrated Circuits (ICs)
• Others (Micro-LED, Mini-LED, And QLED).
By Application-
• Smartphones
• Television And Monitors
• Smartwatches
• Automotive Displays
• Laptops And Tablets
• Others p
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Empower Your Decision-Making with 180 Pages Full Report @ https://www.insightaceanalytic.com/buy-report/1577
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
