According to the recent study the Wearable Display Market is projected to grow at a CAGR of 20.33% from 2019 to 2024. Growth in this market is primarily driven by increased use of flexible OLED displays in smartwatches, rising demand for OLED displays in smart wearable devices, and technological shift and development of energy-efficient, high specification display products.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in wearable display market by application (smart bands/activity trackers, smartwatches, and head-mounted displays), display technology (LED and OLED), panel type (rigid, flexible, and micro display), display size (less than 1 inch, 1 to 2 inches, and more than 2 inches), end use industry (consumer, military & defense, healthcare, enterprise & industry, and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“OLED market is expected to remain the largest segment during the forecast period.”
Based on display end use industry, the wearable display market is segmented into LED and OLED. Lucintel forecasts that the OLED market is expected to remain the largest segment due to the increasing demand for flexible OLED displays in smartwatches. Head-mounted display application is expected to witness the highest growth over the forecast period due to the increasing demand for VR based games.
“Within the wearable display market, the consumer segment is expected to remain the largest end use industry”
Based on end use industry the consumer segment is expected to witness the highest growth over the forecast period.
“Asia pacific will dominate the wearable display market in near future”
Asia Pacific will remain the largest region over the forecast period due the presence of major electronics giants.
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Major players of wearable display market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Samsung Electronics, LG Display, AU Optronics, Japan Display, Sharp (Foxconn), BOE Technology, Tianma Microelectronics, Kopin Corporation, Truly Semiconductors, and Emagin Corporation are among the major wearable display providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/wearable-display-market.aspx or [email protected]
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