According to a market report by Lucintel, the future of the wearable display market looks promising with opportunities in the consumer, military & defense, healthcare, enterprise & industry, and commercial industries. The wearable display market is expected to grow with a CAGR of 20% from 2019 to 2024. The major drivers for this market are increased use of flexible OLED displays in smartwatches, rising demand for OLED displays in smart wearable devices, and technological shift and development of energy-efficient, high specification display products.
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In this market, LED and OLED based display technologies are used in smart bands/activity trackers, smartwatches, and head-mounted devices. OLED display technology is expected to witness the highest growth over the forecast period due to the increasing demand for flexible OLED displays in smartwatches. Head-mounted display application is expected to witness the highest growth over the forecast period due to the increasing demand for VR based games.
Within the wearable display market, consumer, military & defense, healthcare, and enterprise & industry are the major end use industries. Lucintel forecasts that wearable display for consumer segment will remain the largest end use industry segment over the forecast period.
Asia Pacific will remain the largest region over the forecast period due the presence of major electronics giants. Samsung Electronics, LG Display, AU Optronics, Japan Display, Sharp (Foxconn), BOE Technology, Tianma Microelectronics, Kopin Corporation, Truly Semiconductors, and Emagin Corporation are among the major manufacturers of wearable displays.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the wearable display market by product type, display technology, panel type, display size, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Wearable Display Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the wearable display market by product type, display technology, panel type, display size, end use industry, and region as follows:
By Application [$M shipment analysis for 2013 – 2024]:
Smart Bands/Activity Trackers
Smartwatches
Head-Mounted Displays
By Display Technology [$M shipment analysis for 2013 – 2024]:
By Panel Type [$M shipment analysis for 2013 – 2024]:
Rigid
Flexible
Micro Display
By Display Size [$M shipment analysis for 2013 – 2024]:
Less than 1 Inch
1 to 2 Inches
More than 2 Inches
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Consumer
Military & Defense
Healthcare
Enterprise & Industry
Commercial
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/wearable-display-market.aspx or helpdesk@lucintel.com.
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