A Global Next-Generation Display Materials Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Next-Generation Display Materials industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Next-Generation Display Materials market, this study covers qualitative and quantitative aspects of the Next-Generation Display Materials market. In addition to historical data from 2017 to 2018, the research study provides an accurate forecast until 2028 for the Next-Generation Display Materials market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The global next-generation display materials market is expected to reach a market size of USD 380.03 Billion in 2028 and register a steady CAGR during the forecast period, according to latest analysis by Emergen Research. Rising demand for OLED displays, increasing disposable income among consumers, advancements in technology, and change in lifestyle are some key factors supporting market growth. Next-generation displays eliminate some major drawbacks of LCD technology. OLED is a leading technology as compared to IPS-LCD technology, and is used in almost all modern display products and devices.
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Competitive Terrain:
The global Next-Generation Display Materials industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
Idemitsu Kosan Co., Ltd., Toray Industries, Inc., Samsung SDI Co., Universal Display Corp., Novaled GmbH, Nanosys Inc., Nanoco Group PLC, Doosan Corporation, Quantum Materials Corp., and PPG Industries, Inc
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Further Key Findings in the Report:
- In January 2021, Samsung Display Company launched a new low-power OLED display for Galaxy S21 Ultra smartphones. This OLED display will help to reduce power consumption by up to 16%.
- The OLED segment in the global next-generation display materials market is expected to register a robust CAGR during forecast period. OLED technology is used in almost all advanced display devices and panels.
- The market in Europe accounted for a double-digit revenue share in the global market in 2020. Key factors such as growing focus on display materials, and support for research and development by governments are key factors expected to continue to support growth of the market in the region.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Next-Generation Display Materials market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Next-Generation Display Materials market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Next-Generation Display Materials market.
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Market Overview:
The report bifurcates the Next-Generation Display Materials market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Technology Type Outlook (Revenue: USD Billion; 2020–2028)
- OLED
- IPS-LCD
- Others
- Material Outlook (Revenue: USD Billion; 2020–2028)
- Substrate
- Polarizer
- Color Filter
- Liquid Crystals
- Backlighting Unit
- Emitter and Organic Layer
- Encapsulation
- Application Outlook (Revenue: USD Billion; 2020–2028)
- Smartphones
- Televisions and Monitors
- Smart watches
- Automotive Displays
- Laptops and Tablets
- Others
Regional Outlook:
- North America (the U.S., Canada, Mexico)
- Europe (the U.K., Germany, France, Italy)
- Asia Pacific (India, China, Japan, Korea)
- Latin America (Brazil, Argentina, Ecuador, Chile)
- Middle East & Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key reasons to buy the Global Next-Generation Display Materials Market report:
- The latest report comprehensively studies the global Next-Generation Display Materials market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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