The new report by Expert Market Research titled, ‘Global Transparent Display Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global transparent display market, assessing the market based on its segments like display sizes, products, technologies, resolutions, end-use industries, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Historical Market Size (2021): USD 1.25 Billion
- Forecast CAGR (2022-2027): 44.1%
- Forecast Market Size (2027): USD 11.17 Billion
The growth in the global market for transparent displays is a result of advancements in the display technology to deliver high resolution and lower power consumption. The advances in nanoparticle and transparent sensors in the electric circuit along with the rising prevalence of LCD and OLED technology have been the significantly aiding in the driving the market growth of transparent displays in various applications in industries. The healthcare sector is one of the significant drivers of the market growth with utility of transparent displays as head-up or head-mounted displays during surgeries and regular checkups.
Industry Definition and Segmentation
Transparent display is an electronic technology that passes ambient light from real objects behind a display panel such as LCD or OLED. The advances in nanoparticle and transparent sensors in the electric circuit has given rise to the transparent display technology.
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On the basis of display size, the market can be divided into:
- Small and Medium-Sized
- Large-Sized
Based on product, the market can be categorised into:
- Head-Mounted Display (HMD)
- Head-Up Display (HUD)
- Smart Appliance
- Digital Signage
- Others
The market, based on technology, can be segmented into:
- LCD
- OLED
- Others
On the basis of resolution, the market can be classified into:
- Ultra-High Definition (UHD)
- Full HD
- HD
- Others
The market segmentations based on end-use industry includes:
- Consumer
- Industrial
- Retail and Hospitality
- Sports and Entertainment
- Healthcare
- Aerospace and Defence
- Automotive and Transportation
- Others
The regional markets for the product include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The global market for transparent displays is being driven by applications of LED and OLED head-up or head-mounted displays in the automotive sector. With the emergence of autonomous cars, transparent displays are expected to be extremely useful for a signaling intent. Transparent displays can flash messages in order to familiarise the pedestrians or other cars on the road about the movement of the self-driven cars. Looking forward, owing to expanding purchasing power and constant innovation in automobile technology, the rising demand for transparent displays in vehicles is expected to boost the market growth of transparent displays over the forecast period.
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Key Market Players
The major players in the market are Hangzhou Hikvision Digital Technology Co., Ltd., LG Electronics Inc., BenQ Corporation, Samsung Electronics Co., Ltd., Panasonic Corporation, Planar Systems, Inc., and Crystal Display Systems Ltd, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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