July 28, 2022 06:04 ET | Source: Vantage Market Research Vantage Market Research
WASHINGTON, July 28, 2022 (GLOBE NEWSWIRE) -- Vantage Market Research's latest research on the Global Curved Display Devices Market finds that the introductions of new products related to Curved Display Devices Market based on the technology are likely to strengthen the growth of the Curved Display Devices Market over the analysis period. The Global Market revenue was valued at USD 5.4 Billion in 2021.
The Global Curved Display Devices Market size is forecasted to reach USD 13.2 Billion by 2028 and is forecast and grow exhibiting a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period; states Vantage Market Research, in a report, titled "Curved Display Devices Market Size, Share & Trends Analysis Report by Display Type (LCD, EPD, LED, OLED), by Application (Smartphones & Tablets, Televisions, Smart Wearable, Laptops & Computers), by End-User (Consumer Electronics, Transportation, Retail, Advertising), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)".
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Key Insights & Findings from the Report:
Driver 1 – Increase in Usage in Consumer Electronics and Automotive Applications
There is an increase in the automotive and industrial use of curved display technology in various applications such as Smartphones, TVs, and Computer Monitors, to name a few., where the benefits are present. For example, the Human Machine Interface (HMI) used in the automotive industry demonstrates technological breakthroughs and analyzes consumer electronics market demand. The most acceptable way to remove analog components such as buttons, and knots, to note a few, on HMI is to use curved displays. As the emphasis on curved display technology in consumer electronics and automotive applications is adapted to users, their demand in these fields will likely grow again.
Driver 2 – The Rise of Advanced and Digital Technology
These days, with rapidly paced changing surroundings, the curved show era is relatively new within the digital display market and is gaining sturdy interest amongst users. Moreover, curved monitors are now making their debut inside the market on a far smaller scale than televisions and mobile phones. In televisions and mobiles, a curved display tasks the photo at the screen and affords a mile's more expansive field of view than a general flat display screen. And so, the rise in advanced and digital technology fuels the market growth.
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The Report on Curved Display Devices Market Highlights:
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North America is expected to dominate the growth of Curved Display Devices Market in 2021 and is expected to continue to dominate the forecast period owing to rising revenue losses and increased consumer spending, and the presence of prominent emerging economists in the region. In addition, improving government programs to facilitate investment and build better quality production infrastructure in the country is another factor expected to support market growth to some extent in the region.
List of Prominent Players in the Curved Display Devices Market:
Browse market data Tables and Figures spread through 144 Pages and in-depth TOC on "Curved Display Devices Market Size, Share & Trends Analysis Report by Display Type (LCD, EPD, LED, OLED), by Application (Smartphones & Tablets, Televisions, Smart Wearable, Laptops & Computers), by End-User (Consumer Electronics, Transportation, Retail, Advertising), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)".
June 2022 – TCL Huaxing, a China-based manufacturer, has declared its two new curved screen technologies: waterfall screen hyperbolic technology and equal-gauss four-curved surface technology.
Key questions answered in the report:
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