Wearable Display Market 2021-2027
New Study Reports " Wearable Display Market 2021, Global Key Players Analysis, Share, Trends, Future Opportunities Forecasts 2027" has been Added on MarketResearchFuture.
Report Overview
This published report for the Wearable Display Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study Wearable Display Market also offers the previous historical data along with the forecast from 2021 to 2027. The assessment of the Wearable Display Market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2021-2027.
The global wearable display market is predicted to touch USD 3.16 billion at a 20% CAGR between 2018- 2023, states the recent Market Research Future (MRFR) analysis.
Wearable display is a device that is worn on the human body which include powerful sensors that collects and delivers information about their surroundings. Electronic device manufacturers are witnessing a growing demand for useful and suitable displays to enhance the user experience of wearable products. Different types of wearable displays include smart bands, smart watches, and head-mounted displays. Transparent displays are another example of such displays that are expected to form the core elements of the upcoming wearable computing devices. These devices allow the user to see the displayed information simultaneously. One of the most well-known examples of this technology, the Google Glass, is a brand of smart glasses which is an optical head-mounted display designed in the shape of a pair of eyeglasses. Transparent head-mounted displays enable overlaying virtual content on top of real-world objects. The advent of Internet mobility for wearable electronics has revolutionized the products by adding new features to them.
The users can keep check on their fitness levels using wearable display such as smart wristbands and stay connected with their health and fitness. Wearable technology is widely used in infotainment, fitness, military, healthcare & medical and other industry verticals.
Increasing use of flexible OLED displays in smart watches, rising demand for OLED display for use in smart wearable devices, technological shift and development of energy-efficient and high-specification display products are likely to influence the growth of Wearable Display Market. The technological advancement in wearable electronics, help the user to avail advanced features and characteristics. The ability to connect to the Internet and enable data to be exchanged between a network and a device is one of the most major features of wearable technology. Major factor driving this market are the advancements in R&D causing increased innovation and demand to incorporate high technology and design in devices. Rising awareness about the OLED technology among consumers has prompted manufacturers of smart wearable devices to incorporate this technology in their offerings. Increasing use of AR HMDs in enterprise and industrial applications is expected to drive the growth of the market for OLED-based head-mounted displays.
Key Players
The report has profiled some of the Important players prevalent in the global like – Samsung Electronics Co., Ltd. (South Korea), LG Display (South Korea), Apple (US), AU Optronics (Taiwan), Japan Display (Japan), Sharp (Japan), BOE Technology (China), Tianma Microelectronics (China), Kopin Corporation (US), Truly Semiconductors (China), eMagin Corporation (US), and Hannstar Display (Taiwan).
Other players in the Wearable Display Market are Varitronix International (China), TCL Display Technology (China), Yunnan OLiGHTEK (China), Lumus Vision (Israel) among others
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Segmentation.
By product type, the market is segmented into smart bands, smartwatches and head-mounted displays.
By technology, the market is segmented into LED-backlit LCD and OLED.
By panel type, the market is segmented into rigid, flexible and microdisplay.
By display size, the market is segmented into less than 1 inch, 1 to 2 inches, and more than 2 inches.
By vertical, the market is segmented into consumer, military & defense, healthcare, enterprise, commercial and others.
Regional Analysis
The global market for wearable display is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of Wearable Display Market is covered for North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is expected to dominate the market owing to the presence of a significant number of wearable display panel manufacturers and increasing adoption of the latest technology-based display devices. Moreover, this region comprises both developed and developing countries, hence it is witnessing major changes in the adoption of new technologies and advancements. In North America, the increasing demand of consumers for communication and image recognition technologies in compact and portable forms, developments in material science, augmented reality and low power inter-device connectivity (Bluetooth 4.0, infrared, and NFC) are the factors that are likely to enhance the Wearable Display Market.
Key Stakeholders
Wearable Display Market Manufacturers
Wearable Display Market Distributors/Traders/Wholesalers
Wearable Display Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Complete Report Details@ https://www.marketresearchfuture.com/reports/wearable-display-market-6280
Important Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Wearable Display Market, By Component
6 Wearable Display Market, by Technology
7 Wearable Display Market, by Application
8 Wearable Display Market, By Industry
9 Wearable Display Market, By Region
10 Competitive Landscape
And more
Continued...
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