Next Generation Display Market Size 2022 Global Status Report, Industry Valuation, Primary and Secondary Research, Detailed Study, Growth Orientation, Statistics and Forecast 2031

Kenneth Research, in its repository of market research reports, have recently added a report on Next Generation Display Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Next Generation Display Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Next Generation Display Market products.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

Next-generation display is a type of display technology that outperforms from the conventional display technology, such as LCD, in the upcoming years. These modern-day displays are an advanced version of LCD and plasma technology, which consume less electricity. Since they offer better performance, next-generation displays have helped in the enhancement of present-day products, including mobile phones, tablets, laptops, and many more. These display technologies often support the development of devices such as e-readers. They also possess high thermal resistance properties, thus making them a suitable alternative for conventional display technologies,

thus augmenting the market growth around the world. Furthermore, rising penetration of smartphones, technological development in advanced electronic products, and the advent of 4K and 8K televisions are the few factors responsible for the high CAGR of the market during the forecast period. According to Statista, in 2017, the global smartphone unit shipments were totaled about 1.6 billion units, representing an increase of 7.17% from 2014 (1.3 billion-unit smartphone shipments). Similarly, as per the International Data Corporation, the smartphone vendors shipped a total of 369.8 million units around the world during the fourth quarter of 2019.

This, in turn, is expected to strengthen the demand for next generation displays all over the world. The recent outbreak of COVID-19 around the world has adversely affected the display industry, as the manufacturing operations are suspended temporarily throughout the major manufacturing hubs, thus, led to a substantial slowdown in the production. Besides the impact on production, the continuing pandemic has also reduced the consumer demand for display integrated devices due to lockdown imposed by the government, which is likely to affect the market growth in recent years. However, the high manufacturing and R&D cost is one of the major factors limiting the growth of the market over the forecast period of 2020-2027.

The regional analysis of the global Next Generation Display market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the consumer inclination towards a luxurious lifestyle, escalating demand for advanced electronic products, and the rising disposable income of the individuals in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising smartphone penetration, along with rising technological advancements in the field of electronics & entertainment industry would create lucrative growth prospects for the Next Generation Display market across the Asia-Pacific region.

Major market player included in this report are:

Sony Corporation
AJA Video Systems, Inc.
Canon Inc.
Au Optronics Corp.
Planar Systems Inc.
Cambridge Display Technology, Inc.
Ritek Display Technology
Toshiba Mobile Display Co. Ltd.
Samsung SDI Co.
Plastic Logic Inc.

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Flexible Display
Mid-air Display
Transparent Display
Three-dimensional Display
Double-sided Display
2D One-sided Display

By Ingredient:
Nanomaterials
Plastic Substrates
Metals
Polymer

By Application:
Consumer Electronics
Entertainment
TV/Monitors
Automotive
Medical
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

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Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Next Generation Display Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Next Generation Display Market, by Region, 2018-2027 (USD Million)
1.2.2. Next Generation Display Market, by Product, 2018-2027 (USD Million)
1.2.3. Next Generation Display Market, by Ingredient, 2018-2027 (USD Million)
1.2.4. Next Generation Display Market, by Application, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Next Generation Display Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Next Generation Display Market Dynamics
3.1. Next Generation Display Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Next Generation Display Market Industry Analysis
4.1. Porter’s 5 Force Model

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Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defence, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.

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