The Business Research Company’s Transparent Display Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Transparent Display Global Market Report 2023 evaluates transparent display market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global transparent display market size grew from $1.72 billion in 2022 to $2.57 billion in 2023 at a compound annual growth rate (CAGR) of 49.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The transparent display market size is expected to grow to $12.58 billion in 2027 at a CAGR of 48.7%.
The transparent display market segments in the report are:
Transparent Display Market By Display Size :
Small And Medium
Large
Transparent Display Market By Resolution :
Ultra HD
Full H
HD
Other Resolutions
Transparent Display Market By Technology :
LCD
OLED
Other Technologies
Transparent Display Market By Product :
HMD
HUD
Digital Signage
Smart Appliance
Transparent Display Market By Vertical :
Consume
Retail And Hospitality
Sports And Entertainment
Aerospace And Defense
Healthcare
Automotive And Transportation
Industrial
Other Verticals
Asia-Pacific was the largest region in the transparent display market in 2022.
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The table of contents in TBRC’s transparent display market report includes:
1. Executive Summary
2. Transparent Display Market Characteristics
3. Transparent Display Market Trends And Strategies
4. Transparent Display Market - Macro Economic Scenario
5. Transparent Display Market Size And Growth
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26. Africa Transparent Display Market
27. Transparent Display Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Transparent Display Market
29. Transparent Display Market Future Outlook and Potential Analysis
30. Appendix
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As per the research by Market Research Future Reports (MRFR), the global transparent display market is expected to grow from USD 412.2 million in 2018 to USD 3,744.8 Million by 2024, at a CAGR of 44.5%.
Furthermore, the adoption of transparent displays in digital signage is expected to enhance the growth of this market in the coming years.
Transparent displays are a core element for the emerging wearable computing devices.
As these displays consume less power, they are witnessing a growing demand owing to the rising adoption of energy efficient materials by companies across industry verticals.
Key Players The prominent players in the global transparent display market are Planar Systems (US), Samsung Display (South Korea), Pro Display (UK), Crystal Display System (UK), LG Electronics (South Korea), Panasonic Corporation (Japan), BenQ (Taiwan), ClearLED (US), Kent Optronics (US), and NEC Display Solutions (Japan).
Based on display size, the market has been segmented into small and medium-sized, and large.On the basis of resolution, the market has been segmented into ultra-high definition (UHD), full HD, and HD.By technology, the market has been segmented into LCD, OLED, and others.Based on product, the market has been segmented into head-mounted display (HMD), head-up display (HUD), digital signage, smart appliance, and others.On the basis of vertical, the market has been segmented into consumer, retail & hospitality, sports and entertainment, healthcare, aerospace & defense, automotive & transportation, and others.By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Market HighlightsTransparent displays are a core element for the emerging wearable computing devices.
Therefore, wearable display manufacturers are focusing and investing in this technology to improve its transparent wearable display devices, considering factors such as size, cost, power consumption, resolution, and contrast.Growing demand for transparent displays such as organic light-emitting diode (OLED), passive-matrix OLED (PMOLED), augmented transparent displays, and rollable transparent displays are expected to propel the growth of the market.
As these displays consume less power, they are witnessing a growing demand owing to the rising adoption of energy efficient materials by companies across industry verticals.The Global Transparent Display Market is Expected to Grow from USD 412.2 Million in 2020 to USD 3,744.8 Million by 2027, at a CAGR of 44.5% During the Forecast Period.Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/7980Key PlayersThe prominent players in the global transparent display market are Planar Systems (US), Samsung Display (South Korea), Pro Display (UK), Crystal Display System (UK), LG Electronics (South Korea), Panasonic Corporation (Japan), BenQ (Taiwan), ClearLED (US), Kent Optronics (US), and NEC Display Solutions (Japan).Other players in the global transparent display market are Universal Display Corporation (US), Evoluce GmbH (Germany), Globus Infocom Ltd. (India), Hangzhou Hikvision Digital Technology Co., Ltd (China), Japan Display Inc. (Japan), Optinvent (France), Pilot Screentime GmbH (Germany), Shenzhen NEXNOVO Technology co., Ltd (China), Shenzhen HOXLED Optoelectronic Technology Co., Ltd. (China), and Shenzhen AuroLED Technology Co., Ltd (China), among others.Regional AnalysisAsia-Pacific holds the largest market share in transparent display market owing to the growing demand for these displays in various industries, including automotive where they are used as windshields and in retail chains, where they are used for displaying advertisements.
The companies in this region are investing in research and development of products to explore new opportunities across various applications.
In June 2019, Leyard Optoelectronic, a Chinese electronics manufacturer producing LED products, launched a next-generation Planar LookThru transparent OLED display, leveraging the transparent organic light-emitting diode (OLED) technology to provide a self-emitting transparent display without the need for backlighting or enclosures.The market in North America is expeced to show significant growth in the coming years owing to the innovative developments in the field of HMDs and virtual reality technology.
Moreover, the advancements in gaming industry in this region is expected to create significant opportunities for the transparent display market.
