Global Electronic Paper Display Market is valued at USD 5415.3 Million in 2021 and is expected to reach USD 13059.2 Million by 2028 with a CAGR of 29.6% over the forecast period.
Global Electronic Paper Display Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing number of internet users, its growing demand from the consumer electronics industry, and rising adoption from wearable devices are anticipated to drive the growth of Global Electronic Paper Display Market.
Electronic ink, often known as e-ink, is a Display technology that uses organic electronics to simulate the look of normal ink on paper. E-paper show is an electronic ink display unit, otherwise called electronic paper. It is an innovation that appears to be like normal ink and paper. E-paper reflects light in the comparable manner as a customary paper does, as it is an intelligent display innovation, which needn't bother with any type of backdrop illumination to work. E-paper display involves two sections, the first is electronic ink, additionally alluded to as the front plane and the second is the electronics which is expected to create the example of text and pictures on the e-ink page, called the backplane. Electronic paper accompanies different benefits like minimal expense fabricating item with low energy utilization. Nonetheless, electronic paper innovation has an extremely low invigorate rate contrasted with other low-power display technologies, like LCD. Nick Sheridon of Xerox's Palo Alto Research Center invented electronic paper in the 1970s. Gyricon, the first electronic paper, was made out of small, statically charged balls that were black on one side and white on the other.
The current Covid-19 epidemic has sparked a significant increase in demand for e-paper display technology. During the epidemic, demand for e-readers and electronic shelf labels increased significantly throughout the world, driving overall shipments of e-paper display systems. As Covid-19 transmission rates continue to rise in the United States and Europe, electronic shelf labels are gaining popularity among shops looking to reduce possible viral transmission channels while also improving delivery efficiency. At the same time, individuals all over the world are turning to e-readers, wearables, tablets PCs, and laptop PCs for entertainment, remote learning, and to support their work-from-home desks, as they prefer to stay at home and avoid unwanted outdoor activities. E-paper display systems are gaining traction in the healthcare industry as healthcare organizations prioritize digital technologies that completely support social distancing measures in addition to enhancing workflow efficiency, communication accuracy, patient experience, and risk mitigation.
Global Electronic Paper Display Market report is segmented on the basis of product type, application and region & country level. Based upon product type, global electronic paper display market is classified into auxiliary display for mobile phones, electronic shelf labels and e-readers. Based upon application, the market is divided into automotive & transportation, consumer & wearable electronics, and institutional, media & entertainment, retail & enterprise and others.
The regions covered in Global Electronic Paper Display Market report are North America, Europe, Asia-Pacific, Latin America and Rest of the World. On the basis of country level, the market of global electronic paper display is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, India, Japan, South East Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.
Some of the key players for global electronic paper display market are
News-E Ink Co-Developed Paper-like Display Standard with TÜV Rheinland and Receives World’s First Paper like Display Certification
On October 28th, 2021; E Ink Holdings had declared their ""Paper-like Display"" certificate for E Ink Kaleido plus, its shading ePaper show module, introduced by TÜV Rheinland Greater China (""TÜV Rheinland""), the global testing, examination and accreditation body. E Ink and specialists at TÜV Rheinland worked in cooperation for a very long time to foster a measurement for evaluating specific optical pointers on perusing comfort for paper-like display items. These parameters were then evaluated against reading comfort in conjunction related to client experience to show up at the Paper Similarity Index (PSI). PSI will assist shoppers with choosing ePaper products that offer a high level of reading or illustration comfort.
E INK Launched On-Cell Touch e-Paper Module
On May 25th, 2021; E INK announced that they have delivered an On-Cell Touch e-paper module, which upholds Kaleido Plus shading e-paper and Carta HD. Most gadgets that utilization electronic paper like e-notes or e-readers, include touch screens by overlaying a touch sensor on top of the display. E Ink's new innovation includes touch directly into the e-paper - making the display more clear for the end-client and the expense of materials lower for device producers. This new innovation significantly expands performance of black and white displays by 30% and builds the differentiation proportion, providing pursuers with more clear and more characterized text. When utilized with E Ink Kaleido Plus, the shading contrast proportion and shading immersion increment by 40% and 15% individually, giving an upgraded display to display digital textbooks and color ebook.
E Ink and Yiwu Qing Yue Optoelectronics Announced Strategic Collaboration on ePaper Project
On June 17th, 2020; Yiwu Qing Yue Optoelectronics joined E Ink Holdings, """"E Ink,"""" the premier creator of electronic ink technology, as a member of its e-Paper ecosystem alliance and will be one of the primary providers of Electronic Shelf Labels (ESL) modules to the retail sector. Based on technology developed at MIT's Media Lab, E Ink Holdings Inc. (8069.TWO) has altered and defined the e-Reader business, creating a new multi-billion dollar market in less than ten years. Low-power E Ink solutions are perfect for IoT applications such as retail, home, medical, transportation, and more, allowing customers to place displays in previously inaccessible areas. Yiwu Qing Yue Optoelectronics based in Yiwu Science and Technology Venture Park in Zhejiang Province, China, was founded in March 2020.
Increasing Number of Internet Users, Growing Demand from Consumer Electronic Industry and Rising Adoption in Wearable Devices are the Major Factors Driving the Growth of Global Electronic Paper Display Market
One of the major factors driving the growth of global electronic paper display market is the Increasing number of internet users globally. The Covid-19 pandemic has speeded up the digital transformation all over the planet. The fast development of online education and health services, e-commerce and remote working has featured the significance of the internet. In low-and middle-income nations (LMICs), the vast majority access the internet by means of mobile, and for some, it is the best way to get online. It has furnished individuals with a vital means to stay in contact and access significant data, administrations and chances to help their lives and occupations, especially during lockdowns. For example; according to report of the State of Mobile Internet Connectivity 2021, before the finish of 2020, 51% of the world’s population, a little more than 4 billion individuals, were utilizing internet, an expansion of 225 million since the finish of 2019.
In addition, its growing demand from consumer electronic industry is also supplementing the market growth. Rising demand for consumer electronics over the estimate time frame significantly adds to the market growth inferable from the constant requirement for display technologies. The extreme penetration of smartphones, tablets, and cell phones is fueling development in the consumer electronics industry, is also demanding more efficient display technologies. E-ink innovation is significantly utilized for most consumer electronics to give low eye strain and upgraded battery duration. A change in inclination among tech-savvy clients from traditional books toward convenient electronic reading devices because of the rising accessibility of free e-books on the internet is relied upon to drive the electronic paper display market.
Furthermore, rising adoption of wearable devices also drives the global electronic paper display market. Electronic paper displays are generally adopted in the wearables business. Wearables, like wellness trackers, have acquired significant traction, inferable from the blast in fitness patterns across the customers. Plastic Logic's super flimsy and adaptable e-paper displays have been expanding adoption, given the huge opportunities they open up in wearable device applications, for example, watches and gadgets, for mobile health monitoring. Moreover, increasing number of e-readers also drive the market. E-readers are a handy method to read e-books utilizing wireless connectivity, thanks to the rising popularity of e-books. The size and mobility of e-readers is one of the key benefits they have over printed books. E-readers are less expensive than laptop computers and have better battery life. However, the lack of awareness may hamper the global electronic paper display market growth. In spite of that, growing advancements in this field can provide various opportunities for the further growth of the global electronic paper display market.
North America is expected to dominate the global electronic paper display market within the forecast period due to the rising number of electronic readers, growing adoption of wearable devices and technological developments in this region. An additional benefit of low power use of e-paper displays is a key element in increasing the improvement of the e-paper display industry in North America region. Also, the adoption of wearable devises also drives the market in the region. With the extra advantage of being effectively readable in bright sunlight, e-paper could be a very appealing expansion to the whole wearable industry, especially for outdoor use. For example; according to the Consumer Technology Association, in 2018, smartwatch gadgets unit deals were 15.3 million in the United States.
Asia Pacific is projected to show the fastest growth in the global electronic paper display market due to the improvement of easy-to-use display devices, an increasing number of electronic readers and raising awareness in this region. For instance; in January 2020, E Ink Holdings declared the development of its color e-Paper contributions to address applications inside retail, signage, education, and consumer electronics. The organization is presenting new innovations, Print Color, for e-Reader and e-Note applications.
Middle East and Africa
|Historical data||2018 - 2021|
|Forecast Period||2021 - 2028|
|Market Size in 2021:||USD 5415.3 Million|
|Base year considered||2020|
|Forecast Period CAGR %:||
|Market Size Expected in 2028:||USD 13059.2 Million|
|Tables, Charts & Figures:||175|
|E-Paper Display Manufacturers||Qualcomm MEMS Technologies Limited, E Ink Holdings Incorporated, Hanvon Technology, NEC LCD Technologies Limited, LG Display, Sony Corporation, Delta Electronics Incorporated, Cambrios Technologies Corporation, Gamma Dynamics, Pervasive Displays, Amazon Liquavista B.V., others.|
|Segments Covered||By Product, By Application|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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