Market Highlights
The global wearable display device materials market is estimated to be valued at USD 4,157.2 million by 2027 and is expected to register a CAGR of 13.05% during the forecast period.
The polycarbonate substrate segment dominated the global market owing to its unique properties such as non-toxicity, biologically inertness, recyclability, and cost-effectiveness, which make it an excellent choice for the substrate material.
By adhesives, the silicone adhesive segment accounted for 38% of the overall market share in 2020 and is expected to register a substantial CAGR during the review period.
The growth of the conductive coatings segment is attributed to the advantages such as reduced coating thickness, improved electrical properties, good adhesion, durability, and design adaptability.
The smartwatches end-use segment is estimated to reach a value of USD 1,910.7 million by the end of the review period.
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Segment Analysis
The global wearable display device materials market has been segmented on the basis of substrates, adhesives, coatings, end-use industry, and region.
On the basis of substrates, the market has been categorized into glass, fiber, polycarbonates, and others. Among these substrates, the polycarbonates dominated the market in 2017. This can be attributed to the unique properties of polycarbonates such as lightweight, impact resistance, UV resistance, chemical resistance, and weatherability along with its high dimensional stability, mouldability, as well as has excellent heat resistance with a glass transition temperature of up to 148°C.
Based on the adhesives, the global market has been segmented into silicone, epoxy, acrylic, and polyurethane. The silicone adhesives segment is projected to showcase substantial demand on the backdrop of its excellent flexibility, high heat and temperature resistance, as well as adherence to a wide range of surfaces including plastic, metal, and glass.
By coatings, the global market has been categorized into parylene, superhydrophobic, piezoresistive, conductive, and others. The conductive coatings offer reduced coating thickness, improved electrical properties, good adhesion, durability, and design adaptability. Besides, they are available at a competitive price and have low VOC content, which are the primary factors fuelling the demand for conductive coatings.
On the basis of end-use industry, the global market has been segmented into smart glass, smart watches, wearable cameras, fitness trackers, and others. Among these, the smartwatches segment is expected to register a healthy CAGR during the review period as they can perform day-to-day tasks such as receiving phone calls, read and dictate text messages and e-mails, analyzing physical activities, and monitoring fitness and health-related activities.
Regional Analysis
Geographically, the global wearable display device materials market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. As per MRFR analysis, Asia-Pacific was the largest market for wearable display device materials in 2020 and is expected to remain dominant during the review period. North America accounted for 23.4% of the market share in 2020, with US being the major contributor. The rising demand for wireless electronic devices coupled with the high disposable income of the consumers is the major driver for the growth of the wearable display device materials market in the region.
Key Players
Market Research Future (MRFR) recognizes BASF SE (Germany), DowDuPont (US), Wacker Chemie AG (Germany), Arkema SA (France), 3M (US), Eastman Chemical Company (US), Solvay (Belgium), Covestro AG (Germany), Henkel AG & Co. KGaA (Germany), and Master Bond Inc (US) as the key players in the global wearable display device materials market.
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Table of Contents
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
Continued…
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The global wearable display market is expected to exhibit a solid 20% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR).
Based on this information, accurate and reliable projections for the market’s likely growth trajectory over the forecast period till 2023 are presented in the report.
The competitive landscape of the global wearable display market is thus examined in detail in the report.
Wearable displays are devices worn on the human body which include powerful sensors that collect and deliver information about their surroundings.
One of the most well-known examples of this technology, the Google Glass, is a brand of smart glasses that comprise an optical head-mounted display designed in the shape of a pair of eyeglasses.
By display size, the global wearable display market is segmented into less than 1 inch, 1 to 2 inches, and more than 2 inches.
Market HighlightsThe global wearable display device materials market is estimated to be valued at USD 4,157.2 million by 2027 and is expected to register a CAGR of 13.05% during the forecast period.The polycarbonate substrate segment dominated the global market owing to its unique properties such as non-toxicity, biologically inertness, recyclability, and cost-effectiveness, which make it an excellent choice for the substrate material.By adhesives, the silicone adhesive segment accounted for 38% of the overall market share in 2020 and is expected to register a substantial CAGR during the review period.The growth of the conductive coatings segment is attributed to the advantages such as reduced coating thickness, improved electrical properties, good adhesion, durability, and design adaptability.The smartwatches end-use segment is estimated to reach a value of USD 1,910.7 million by the end of the review period.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/7754Segment AnalysisThe global wearable display device materials market has been segmented on the basis of substrates, adhesives, coatings, end-use industry, and region.On the basis of substrates, the market has been categorized into glass, fiber, polycarbonates, and others.
Among these substrates, the polycarbonates dominated the market in 2017.
This can be attributed to the unique properties of polycarbonates such as lightweight, impact resistance, UV resistance, chemical resistance, and weatherability along with its high dimensional stability, mouldability, as well as has excellent heat resistance with a glass transition temperature of up to 148°C.Based on the adhesives, the global market has been segmented into silicone, epoxy, acrylic, and polyurethane.
The silicone adhesives segment is projected to showcase substantial demand on the backdrop of its excellent flexibility, high heat and temperature resistance, as well as adherence to a wide range of surfaces including plastic, metal, and glass.By coatings, the global market has been categorized into parylene, superhydrophobic, piezoresistive, conductive, and others.
Besides, they are available at a competitive price and have low VOC content, which are the primary factors fuelling the demand for conductive coatings.On the basis of end-use industry, the global market has been segmented into smart glass, smart watches, wearable cameras, fitness trackers, and others.
Among these, the smartwatches segment is expected to register a healthy CAGR during the review period as they can perform day-to-day tasks such as receiving phone calls, read and dictate text messages and e-mails, analyzing physical activities, and monitoring fitness and health-related activities.Regional AnalysisGeographically, the global wearable display device materials market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
In the world of technology, smartphones, tablets, wearable watches are the big things in the consumer technology industry.
If we add more to the buzz of wearable technology is the anticipation that the wearable market is predicted to grow up to $18.9 billion in revenues by 2020.
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