SEMICONDUCTOR & ELECTRONICS
Global Next Generation Display Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Next Generation Display Market, By Type (Quantum Dot Display (QD-LED), Field Emission Display (FED), Laser Phosphor Display (LPD), Organic Light-Emitting Diode (OLED), Organic Light-Emitting Transistor (OLET), Surface-Conduction Electron-Emitter Display (SED), and Others), Product (Flexible Display, Mid-air Display, Transparent Display, Three-dimensional Display, Double-sided Display, and 2D One-sided Display), Ingredient (Nanomaterials, Plastic Substrates, Metals, Polymer, and Others), Application (Industrial, Consumer Electronics, Mobile Phones, Medical, E-reader, TV/Monitors, Defense & Aerospace, Automotive, Movie/Entertainment, and Advertising & Public Display), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global next generation display market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
"Next Generation Display" describes the most recent developments and advances in display technology that either significantly outperform or transcend earlier generations. Compared to their predecessors, these displays frequently include cutting-edge technologies, increased performance, and better visual experiences. Numerous electronic products, such as computers, tablets, TVs, augmented reality (AR) and virtual reality (VR) headsets, cellphones, and more, use Next Generation Displays.
The goal of these display technology developments is to satisfy the changing needs of consumers and technological applications by providing a more engaging and joyful user experience across a range of devices. Remember that depending on the kind of device and how it will be used, Next Generation Displays may have different capabilities and attributes.
Market Dynamics
DRIVERS
- Advancements in display technologies, like OLED and Micro LED, propel the market expansion by providing enhanced visual experiences and reduced energy consumption.
- Growth in the market is driven by consumers’ increasing demands for vivid colors, high-resolution screens, and immersive viewing experiences.
RESTRAINTS
- Next-generation display adoption is constrained by greater production costs resulting from their intricate manufacturing processes, particularly in price-sensitive markets.
- The restricted manufacturing capability of some display technologies, such Micro LED, makes it difficult to produce next-generation screens in large quantities.
OPPORTUNITIES
- Significant development potential are presented by the growing demand for advanced displays in automotive applications, such as infotainment systems and head-up displays (HUDs).
- To provide immersive experiences and drive market expansion, next-generation displays are essential for augmented reality (AR) and virtual reality (VR) devices.
CHALLENGES
- The durability, lifetime, and scalability of display technologies such as flexible OLED are hindering their market expansion.
SEGMENTATION
MARKET SEGMENTATION
- Type
- Quantum Dot Display (QD-LED)
- Field Emission Display (FED)
- Laser Phosphor Display (LPD)
- Organic Light-Emitting Diode (OLED)
- Organic Light-Emitting Transistor (OLET)
- Surface-Conduction Electron-Emitter Display (SED)
- Others
- Product
- Flexible Display
- Mid-air Display
- Transparent Display
- Three-dimensional Display
- Double-sided Display
- 2D One-sided Display
- Ingredient
- Nanomaterials
- Plastic Substrates
- Metals
- Polymer
- Others
- Application
- Industrial
- Consumer Electronics
- Mobile Phones
- Medical
- E-reader
- TV/Monitors
- Defense & Aerospace
- Automotive
- Movie/Entertainment
- Advertising & Public Display
- Others
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, and segments as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Philips
- Sony Corporation
- Universal Display Corporation (UDC)
- Kyocera
- LG
- Samsung Electronics
- Nova
- Apple Inc.
- Doosan Corporation
- DowDuPont Inc.
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Next Generation Display Market, by Type
- 3.2 Global Next Generation Display Market, by Product
- 3.3 Global Next Generation Display Market, by Ingredient
- 3.4 Global Next Generation Display Market, by Application
- 3.5 Global Next Generation Display Market, by Geography
- 3.6 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Trend 1
- 5.1.2 Trend 2
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Advancements in display technologies, like OLED and Micro LED, propel the market expansion by providing enhanced visual experiences and reduced energy consumption.
- 5.2.2 Growth in the market is driven by consumers’ increasing demands for vivid colors, high-resolution screens, and immersive viewing experiences.
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Next-generation display adoption is constrained by greater production costs resulting from their intricate manufacturing processes, particularly in price-sensitive markets.
- 5.3.2 The restricted manufacturing capability of some display technologies, such Micro LED, makes it difficult to produce next-generation screens in large quantities.
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Significant development potential are presented by the growing demand for advanced displays in automotive applications, such as infotainment systems and head-up displays (HUDs).
- 5.4.2 To provide immersive experiences and drive market expansion, next-generation displays are essential for augmented reality (AR) and virtual reality (VR) devices.
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 The durability, lifetime, and scalability of display technologies such as flexible OLED are hindering their market expansion.
- 5.5.2 Challenge 2
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL NEXT GENERATION DISPLAY MARKET, BY TYPE
- 6.1 Type Summary
- 6.2 Market Attractive Index
- 6.3 Global Next Generation Display Market, by Type (2019-2032)
- SECTION 7 - GLOBAL NEXT GENERATION DISPLAY MARKET, BY PRODUCT
- 7.1 Product Summary
- 7.2 Market Attractive Index
- 7.3 Global Next Generation Display Market, by Product (2019-2032)
- SECTION 8 - GLOBAL NEXT GENERATION DISPLAY MARKET, BY INGREDIENT
- 8.1 Ingredient Summary
- 8.2 Market Attractive Index
- 8.3 Global Next Generation Display Market, by Ingredient (2019-2032)
- SECTION 9 - GLOBAL NEXT GENERATION DISPLAY MARKET, BY APPLICATION
- 9.1 Application Summary
- 9.2 Market Attractive Index
- 9.3 Global Next Generation Display Market, by Application (2019-2032)
- SECTION 10 - GLOBAL NEXT GENERATION DISPLAY MARKET, BY GEOGRAPHY
- 10.1 Regional Summary
- 10.2 Market Attractive Index
- 10.3 Global Next Generation Display Market, by Geography (2019-2032)
- SECTION 11 - NORTH AMERICA NEXT GENERATION DISPLAY MARKET
- 11.1 North America Summary
- 11.2 Market Attractive Index
- 11.3 North America Next Generation Display Market, by Type (2019-2032)
- 11.4 North America Next Generation Display Market, by Product (2019-2032)
- 11.5 North America Next Generation Display Market, by Ingredient (2019-2032)
- 11.6 North America Next Generation Display Market, by Application (2019-2032)
- 11.7 North America Next Generation Display Market, by Country (2019-2032)
- 11.7.1 U.S.
- 11.7.2 Canada
- 11.7.3 Mexico
- 11.7.4 Rest of North America
- SECTION 12 - EUROPE NEXT GENERATION DISPLAY MARKET
- 12.1 Europe Summary
- 12.2 Market Attractive Index
- 12.3 Europe Next Generation Display Market, by Type (2019-2032)
- 12.4 Europe Next Generation Display Market, by Product (2019-2032)
- 12.5 Europe Next Generation Display Market, by Ingredient (2019-2032)
- 12.6 Europe Next Generation Display Market, by Application (2019-2032)
- 12.7 Europe Next Generation Display Market, by Country (2019-2032)
- 12.7.1 Germany
- 12.7.2 U.K.
- 12.7.3 France
- 12.7.4 Italy
- 12.7.5 Spain
- 12.7.6 Russia
- 12.7.7 The Netherlands
- 12.7.8 Belgium
- 12.7.9 Turkey
- 12.7.10 Rest of Europe
- SECTION 13 - ASIA-PACIFIC NEXT GENERATION DISPLAY MARKET
- 13.1 Asia-Pacific Summary
- 13.2 Market Attractive Index
- 13.3 Asia-Pacific Next Generation Display Market, by Type (2019-2032)
- 13.4 Asia-Pacific Next Generation Display Market, by Product (2019-2032)
- 13.5 Asia-Pacific Next Generation Display Market, by Ingredient (2019-2032)
- 13.6 Asia-Pacific Next Generation Display Market, by Application (2019-2032)
- 13.7 Asia-Pacific Next Generation Display Market, by Country (2019-2032)
- 13.7.1 China
- 13.7.2 India
- 13.7.3 Japan
- 13.7.4 South Korea
- 13.7.5 Singapore
- 13.7.6 Malaysia
- 13.7.7 Australia
- 13.7.8 Thailand
- 13.7.9 Philippines
- 13.7.10 Rest of Asia-Pacific
- SECTION 14 - SOUTH AMERICA NEXT GENERATION DISPLAY MARKET
- 14.1 South America Summary
- 14.2 Market Attractive Index
- 14.3 South America Next Generation Display Market, by Type (2019-2032)
- 14.4 South America Next Generation Display Market, by Product (2019-2032)
- 14.5 South America Next Generation Display Market, by Ingredient (2019-2032)
- 14.6 South America Next Generation Display Market, by Application (2019-2032)
- 14.7 South America Next Generation Display Market, by Country (2019-2032)
- 14.7.1 Brazil
- 14.7.2 Argentina
- 14.7.3 Chile
- 14.7.4 Colombia
- 14.7.5 Rest of South America
- SECTION 15 - MIDDLE EAST AND AFRICA NEXT GENERATION DISPLAY MARKET
- 15.1 Middle East and Africa Summary
- 15.2 Market Attractive Index
- 15.3 Middle East and Africa Next Generation Display Market, by Type (2019-2032)
- 15.4 Middle East and Africa Next Generation Display Market, by Product (2019-2032)
- 15.5 Middle East and Africa Next Generation Display Market, by Ingredient (2019-2032)
- 15.6 Middle East and Africa Next Generation Display Market, by Application (2019-2032)
- 15.7 Middle East and Africa Next Generation Display Market, by Country (2019-2032)
- 15.7.1 Kingdom of Saudi Arabia
- 15.7.2 South Africa
- 15.7.3 U.A.E.
- 15.7.4 Egypt
- 15.7.5 Rest of Middle East and Africa
- SECTION 16 - COMPANY SHARE ANALYSIS
- 16.1 Global Next Generation Display Market, Company Share Analysis
- 16.2 North America Next Generation Display Market, Company Share Analysis
- 16.3 Europe Next Generation Display Market, Company Share Analysis
- 16.4 Asia-Pacific Next Generation Display Market, Company Share Analysis
- SECTION 17 - COMPANY PROFILES
- 17.1 Philips
- 17.1.1 Company Snapshot
- 17.1.2 Financial Overview
- 17.1.3 Product Portfolio
- 17.1.4 Recent Developments
- 17.2 Sony Corporation
- 17.2.1 Company Snapshot
- 17.2.2 Financial Overview
- 17.2.3 Product Portfolio
- 17.2.4 Recent Developments
- 17.3 Universal Display Corporation (UDC)
- 17.3.1 Company Snapshot
- 17.3.2 Financial Overview
- 17.3.3 Product Portfolio
- 17.3.4 Recent Developments
- 17.4 Kyocera
- 17.4.1 Company Snapshot
- 17.4.2 Financial Overview
- 17.4.3 Product Portfolio
- 17.4.4 Recent Developments
- 17.5 LG
- 17.5.1 Company Snapshot
- 17.5.2 Financial Overview
- 17.5.3 Product Portfolio
- 17.5.4 Recent Developments
- 17.6 Samsung Electronics
- 17.6.1 Company Snapshot
- 17.6.2 Financial Overview
- 17.6.3 Product Portfolio
- 17.6.4 Recent Developments
- 17.7 Nova
- 17.7.1 Company Snapshot
- 17.7.2 Financial Overview
- 17.7.3 Product Portfolio
- 17.7.4 Recent Developments
- 17.8 Apple Inc.
- 17.8.1 Company Snapshot
- 17.8.2 Financial Overview
- 17.8.3 Product Portfolio
- 17.8.4 Recent Developments
- 17.9 Doosan Corporation
- 17.9.1 Company Snapshot
- 17.9.2 Financial Overview
- 17.9.3 Product Portfolio
- 17.9.4 Recent Developments
- 17.10 DowDuPont Inc.
- 17.10.1 Company Snapshot
- 17.10.2 Financial Overview
- 17.10.3 Product Portfolio
- 17.10.4 Recent Developments
- SECTION 18 - RELATED REPORTS
- SECTION 19 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.