Global Next-Generation Display Materials Market: Focus on Material Type (OLED, TFT LCD, and others) and Applications – Analysis and Forecast, 2019 - 2029
Over the last decade, significant revolutions have been witnessed in the display industry. From the introduction of cathode ray tubes to several up-gradations in the display technology, the display industry is always on the lookout for better options. Thin film transistor liquid crystal displays (TFT LCDs) and organic light emitting diodes (OLEDs) are currently among the most widely used technologies for the display industry, owing to their enhanced display quality and the consumer preference for them. Various companies, such as Samsung and Apple, have already implemented the OLED display technology in their smartphone series and TVs. Further advancements in the OLED and TFT LCD technologies have led the manufacturers to implement quantum dots light emitting diode (QLED) technology in the display devices. Since the cadmium used in the quantum dots is toxic in nature and has been restricted for use by the European government, therefore manufacturers are at present focusing on cadmium-free quantum dots to obtain the desired image quality in the display devices.
The global next-generation display materials market is estimated to witness growth at a CAGR of 11.83% over the period of 2019 to 2029. This growth in the market is attributed to the increasing demand from various end-use applications such as televisions, smartwatches, smartphones, wearables, laptops, automotive displays, and others.
The report is a compilation of different segments of the global next-generation display materials market, including market breakdown by material type, sub-type, application, geographical areas. Herein, the revenues generated from the material types (OLED display materials, TFT LCD materials, QLED materials, micro-LED displays, and mini-LEDs), application (automotive displays, TVs and monitors, laptops and tablets, smartwatches, smartphones, and others), and regions (North America, Europe, Asia-Pacific, and Rest-of-the-World) are tracked to calculate the overall market size in terms of value ($Billion). While highlighting the key driving and restraining forces for this market, the report also provides a detailed summary of the global next-generation display materials market. It also includes the key participants involved in the industry at the relevant sections.
Key questions answered in the report:
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