The transparent display market is projected to grow at CAGR of 35.79% to reach US$3,492.669 million by 2024, from US$557.051 million in 2018. Transparent display or see-through displays is the latest electronic technology in which users can see what is being displayed on the glass and beyond it at the same time. It promises to display dynamic or interactive information on a transparent glass surface and due to this uniqueness, this gives a good artistic and advertising effect. The key driver of the market growth is that with this technology, the user is able to view the digital world while simultaneously staying attuned with reality. In addition, there is a growing investment in the R&D by the display manufacturers, which further expected to supplement the growth of the market during the forecast period.
By industry vertical, the transparent display market is segmented as consumer electronics, automotive, retail, and others. The increasing competition in today's era has led to an increase in the advertisement budget of different business owners and this transparent display is a move used by them in order to advertise or promote their businesses, so this leads to an increased demand for the transparent display in the retail applications as this creates an eye-catching impact on consumers and influence their buying behavior towards a particular product or service.
By geography, the transparent display market is segmented as Americas, Europe, Middle East & Africa, and the Asia Pacific. The Asia Pacific is expected to have a significant market share due to an increase in the disposable income resulting in high use and a tremendous increase in demand of the consumer electronics goods using transparent display technology.
Major industry players profiled as a part of this report are PRO Display, Evoluce GmbH, and Planar Systems Inc. among others.
|Market size value in 2018||US$557.051 million|
|Market size value in 2024||US$3,492.669 million|
|Growth Rate||CAGR of 35.79% from 2018 to 2024|
|Forecast Unit (Value)||USD Million|
|Segments covered||Type, Industry Vertical, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Pro Display, Evoluce GmbH, Planar Systems, Inc., LG Electronics, ClearLED Inc., Crystal Display Systems Ltd., New Vision Display Inc., Kent Optronics, Inc.|
|Customization scope||Free report customization with purchase|
The transparent display market has been analyzed through the following segments:
Frequently Asked Questions (FAQs)
Q1. What will be the transparent display market size by 2024?
A1. The transparent display market is projected to reach a total market size of US$3,492.669 million in 2024.
Q2. What are the growth prospects for transparent display market?
A2. The global transparent display market is projected to grow at a CAGR of 35.79% during the forecast period.
Q3. What is the size of global transparent display market?
A3. Transparent Display market was valued at US$557.051 million in 2018.
Q4. What factors are anticipated to drive the transparent display market growth?
A4. The key driver of the market growth is that with this technology, the user is able to view the digital world while simultaneously staying attuned with reality.
Q5. Which region holds the largest market share in the transparent display market?
A5. Asia Pacific is expected to have a significant share in the transparent display market.
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. TRANSPARENT DISPLAY MARKET BY TYPE
6. TRANSPARENT DISPLAY MARKET BY INDUSTRY VERTICAL
6.1. Consumer Electronics
7. TRANSPARENT DISPLAY MARKET BY GEOGRAPHY
7.2. Europe Middle East and Africa
7.2.3. United Kingdom
7.3. Asia Pacific
7.3.3. South Korea
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
9. COMPANY PROFILES
9.1. Pro Display
9.2. Evoluce GmbH
9.3. Planar Systems, Inc.
9.4. LG Electronics
9.5. ClearLED Inc.
9.6. Crystal Display Systems Ltd.
9.7. New Vision Display Inc.
9.8. Kent Optronics, Inc.
LIST OF FIGURES
LIST OF TABLES
Planar Systems, Inc.
Crystal Display Systems Ltd.
New Vision Display Inc.
Kent Optronics, Inc.
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