Global self-luminous displays market

  • 4100.00 Dollar US$
  • Published date: January 13, 2021
    • Pune, Pune, Maharashtra, India [ Ads Views - 4 ]

Global self-luminous displays market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of ~20% during the forecast period.    The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis. Market Definition Self-luminous is a next generation display technology which is generally used in the manufacturing of organic light emitting diode (OLED) and quantum dot display (QLED) displays. Market Dynamics The global self-luminous display market has been seeing progressive growth from the past few years. The growth of the market is primarily driven by wide scale adoption of self-luminous display technology in various consumer electronics products such as TVs, Smartphones, tablets, and many others. Rapid innovations in the display technology, rising adoption of OLED and QLED display technology, emergence of advanced OLED technologies such as AMOLED and increasing demand for low power consumption display and high display quality are expected to improve growth of the market during the forecast period. Self-luminous display technology provides some benefits such as exceptional colour reproduction, wide viewing angle, faster response time and eco-friendly nature, which are ultimately propelling the growth of the market. However, possibility of health issues caused by self-luminous displays and high initial costs of this display are the major restraining factors that could hamper the growth of the market. 

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