The Global Paper-Thin Displays Market size has been witnessing sustained growth during the forecast period, driven by increasing demand for paper-thin displays in various applications such as television and digital signage, PC monitors and laptops, smartphones, and tablets, vehicles, and public transport, smart wearable devices. The market is expected to grow at a CAGR of 17.4% from 2021 to 2028 with its valuation projected to reach USD 4 billion by 2028.
Paper-thin displays are a type of display that has reduced thickness compared to traditional LCDs. They can be found in various applications such as televisions and digital signage, PC monitors and laptops, smartphones and tablets, vehicles and public transport, smart wearable devices among others.
On the basis of Types, the market is segmented into LCD displays, OLED displays, Electronic paper display (EPD), Polymer dispersed liquid crystal (PDLC)display, and Micro electro-mechanical systems (MEMS).
LCD displays are based on liquid crystals, which are a type of material that can be manipulated to produce colors. The technology was developed in the late 1960s and early 1970s by Dr. Richard Williams at Royal Philips Electronics N.V., who patented it in 1980. Liquid crystal displays possess the advantages such as responsiveness, easy fabrication, wide viewing angles, and low power consumption when compared with other display technologies used for large panels due to their lightweight nature and thinness characteristics; thereby making LCD/LED screens lightweight enough for portable devices like smartphones or tablets.
The Thin-film transistor-liquid crystal display (TFT) is an electronic device that has low power consumption when compared with traditional Liquid Crystal Display (LCD). In TFT LCDs, each pixel of the screen consists of three basic elements: A thin layer of amorphous silicon on top of a glass panel with two electrodes patterned onto it. The electric current applied between these two electrodes determines whether the light should pass through this particular pixel or not; hence controlling its brightness level at all times. More than 90% of all LCDs in the market are based on this technology.
The Organic Light-emitting diode displays are the most recent and highly advanced display technology in use. Unlike conventional LCDs, OLED panels produce their own light source, thereby making them more energy-efficient than other technologies available on the market. In addition to this advantage, they can also be made flexible and transparent; hence leading to multiple possibilities for future applications like wearable devices such as smartwatches or sunglasses.
Electronic paper displays are the most recent and highly advanced display technology on the market. Unlike conventional LCDs, e-paper displays produce their own light source, thereby making them more energy-efficient than other technologies available in the market. Electronic paper displays are capable of producing vivid, high-contrast images that can be viewed in daylight without backlighting.
Polymer dispersed liquid crystal (PDLC) displays are the most recent and highly advanced display technology on the market. Unlike conventional LCDs, PDLC displays produce their own light source, thereby making them more energy-efficient than other technologies available in the market.
Micro electro-mechanical systems (MEMS) are miniature mechanical devices that control a variety of functions in electronic products such as mobile phones and tablets. They are often used in place of conventional buttons, knobs, and dials to provide users with touch-sensitive functionalities.
On the basis of Application, the market is segmented into Television and digital signage, PC monitors and Laptops, Smartphones and tablets, Vehicle and public transport, Smart wearable devices, smart home appliances (e.g., air conditioners), Gaming consoles and entertainments, Others (Medical equipment).
In television and digital signage, Paper-Thin Displays PTDs are used in smartphones and tablets. The market is segmented into Smartphone displays (LCD display) and Tablet displays (OLED display).
In PC monitors and Laptops, Paper-Thin Displays PTDs are primarily used in smartphones. The market is segmented into Smartphone display (LCD) and Tablet displays (OLED). The use of Paper-Thin Displays PTDs in PC monitors and laptops for TVs has declined due to the emergence of smartphones. The larger form factor screens like televisions are preferred by consumers over laptop screens. However, some manufacturers have used Paper-Thin Display PTDs in Laptops with large screen sizes as a way to save space on desktops or other surfaces where one may need an additional monitor.
In smartphones and tablets, Paper-Thin Displays PTDs are used in Smartphones (LCD) and Tablets displays (OLED). The use of paper-thin display PTDs has increased dramatically due to their higher resolutions. Their high resolution makes them more suitable for larger form factor screens like televisions than smaller laptop or desktop screens, as the pixel density is not as important on these devices. The increasing demand from consumers for thinner and lighter mobile devices with a bigger screen size has also resulted in an increase in the usage of Paper-Thin Display PTDs by manufacturers.
In vehicles and public transport, the Paper-Thin Displays PTDs are used for Vehicle dashboard displays (LCD) and Public Transport screens. The demand is mainly driven by the adoption of these new technologies in newer models of vehicles or public transports due to their high resolution along with a wide viewing angle capability that gives an enhanced experience for passengers. In addition, it also has a low power consumption which minimizes battery usage in electric cars as well as buses; this results in lower fuel costs.
The Paper-Thin Displays PTDs are increasingly used in smart wearable devices such as smartwatches and fitness trackers. The demand for these products is increasing due to the rising adoption of smartphones that come with a large display, which encourages users to seek an alternate small screen device where they can read messages or view notifications at any given time.
The Paper-Thin Displays PTDs are used in smart home appliances such as refrigerators and microwaves. They offer a high-definition viewing experience to the user by enabling them to see their favorite TV shows, recipes, or cooking videos while they cook. They also present an opportunity for manufacturers of these products to provide new features on their devices that are not possible with conventional displays that are thicker.
The Paper-Thin Displays PTDs are integrated into gaming consoles and entertainment systems. The high-definition display enables gamers to have a more immersive experience as they play their favorite games or watch videos without any blurring, glare, or reflections from the screen in bright light conditions.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America leads the market owing to increased investments by manufacturers in this region for developing their advanced technologies with paper-thin display PTDs such as OLED (Organic Light Emitting Diode) displays that are thinner than LCDs. Europe follows North America owing to the increasing adoption of paper-thin devices like smartwatches and tablets among other consumer electronics within its manufacturing industries. The Asia Pacific segment will grow at a fast pace during the forecast period, mainly driven by rising disposable income levels in emerging economies where high penetration rates of television sets are anticipated. China provides an immense opportunity for growth given its large population base which has led it to become one of the top production hubs in this industry. Japan is one of the key players in this market and has been adopting a very aggressive growth strategy for paper-thin display device manufacturing. Latin America and the Middle East and Africa are still in the early stages of development for paper-thin displays.
The global paper-thin displays (PTDs) market is expected to grow at a CAGR of close to 17% during the forecast period, mainly driven by rising disposable income levels in emerging economies where high penetration rates of television sets are anticipated. China provides an immense opportunity for growth given its large population base which has led it to become one of the top production hubs in this industry. Japan is one of the key players in this market and has been adopting a very aggressive growth strategy for paper-thin display device manufacturing. Latin America and the Middle East and Africa are still in the early stages of development for paper-thin displays. Asia Pacific segment will grow at a fast pace during the forecast period, mainly driven by rising disposable incomes and the rising demand for television sets.
Up Market Research published a new report titled “Paper Thin Displays PTDs Market research report which is segmented by Types (Liquid crystal (LCD)display, Thin film transistor- liquid crystal display, Organic light emitting diode(OLED) display, Electronic paper display, Polymer dispersed liquid crystal (PDLC) display, Micro electro mechanical systems (MEMS)), By Applications (Television and digital signage, PC monitors and Laptops, Smartphones and tablets, Vehicle and public transport, Smart wearable devices, Smart home appliances, Gaming consoles and entertainments, Others), By Players/Companies ACREO SWEDISH ICT., DAI NIPPON PRINTING CO. LTD., AU OPTRONICS CORP., LG DISPLAY CO. LTD., SAMSUNG DISPLAY CO. LTD.”
Report Attributes | Report Details |
Report Title | Paper Thin Displays PTDs Market Research Report |
By Type | Liquid crystal (LCD)display, Thin film transistor- liquid crystal display, Organic light emitting diode(OLED) display, Electronic paper display, Polymer dispersed liquid crystal (PDLC) display, Micro electro mechanical systems (MEMS) |
By Application | Television and digital signage, PC monitors and Laptops, Smartphones and tablets, Vehicle and public transport, Smart wearable devices, Smart home appliances, Gaming consoles and entertainments, Others |
By Companies | ACREO SWEDISH ICT., DAI NIPPON PRINTING CO. LTD., AU OPTRONICS CORP., LG DISPLAY CO. LTD., SAMSUNG DISPLAY CO. LTD. |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 240 |
Number of Tables & Figures | 168 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Liquid crystal (LCD)display, Thin film transistor- liquid crystal display, Organic light emitting diode(OLED) display, Electronic paper display, Polymer dispersed liquid crystal (PDLC) display, Micro electro mechanical systems (MEMS) and By Application Television and digital signage, PC monitors and Laptops, Smartphones and tablets, Vehicle and public transport, Smart wearable devices, Smart home appliances, Gaming consoles and entertainments, Others.
Some of the companies that are profiled in this report are:
Paper Thin Displays PTDs Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Paper Thin Displays PTDs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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