E-Paper Display (EPD) Market - Global Industry Growth, Size, Share, Trends, Analysis And Forecast To 2020: Grand View Research, Inc.
San Francisco, California (PRWEB) January 14, 2015 -- Several benefits including low power consumption and enhanced performance are expected to favorably impact the e-paper display market over the forecast period. Technological proliferation, growing environmental awareness and matured display technologies are also expected to drive market growth. Advancements in manufacturing technologies have led to the development of a product portfolio that includes high resolution, colored, flexible and large format displays. Product development of a wide range of applications, like e-readers, electronic tags, promotional billboards, smart cards and so on is attributed to the above mentioned product characteristics. A wide range of applications including portable signs, e-books, e-newspapers and digital displays make use of these displays, which is also expected to spur e-paper display market growth over the forecast period. Manufacturers are emphasizing expanding application areas for this technology through innovation to find ways to manufacture low-cost and advanced displays. It is expected that the e-paper display market will witness substantial growth owing to its high flexibility and wide viewing angles. Surging demand for smartphones and tablets along with increasing internet usage may also drive e-paper display market growth over the next few years. However, factors including electrochemical complexity and low-switching speed may pose challenge to market growth. Additionally, high cost of manufacturing may also hamper market growth. Increasing investments coupled with the potential to explore untapped market provides opportunities for e-paper display market growth.
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Key market participants include Hanvon Technology Co., Ltd, LG Display, NEC LCD Technologies Ltd, Delta Electronics Inc., Sony Corp, Qualcomm MEMS Technologies Inc. and E-Ink Holdings, Inc. Manufacturers aim to offer new e-paper display modules so as to meet customer requirements and expand across new market applications. Furthermore, key industry players including an e-ink focus on strengthening international cooperation in technology, manufacturing and resources in order to develop new low-cost and low-power display technologies and form a basis for sustainable product development.
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Grand View Research, Inc. Is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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