August 02, 2017
Wellesley, Mass., Aug 02, 2017 – A new BCC Research analysis reports that innovations in materials and fabrication technologies, along with big growth in the electronic display market, are key drivers in the global market for advanced materials for display, which is projected to reach $68.4 billion and $128.1 billion in 2017 and 2022, respectively, reflecting a 13.3% CAGR.
Advanced Materials for Displays: Technologies and Global Markets additionally notes that new devices and materials are entering the display market, impacting the future of the market. Organic light emitting diode (OLED) display manufacturers such as Samsung, LG and Pioneer are expanding their production to keep up with demand in mobile devices and, more recently, televisions. Texas Instruments, faced with the loss of the largest market for its DLP (i.e., rear-projection TVs), has been developing new markets for devices such as small digital projectors (i.e., pico projectors).
The market continues to evolve, as evidenced by the continuing disappearance of CRT, rear projection, and plasma displays. Liquid crystal displays continue to dominate the market, but face growing competition from OLED and other new technologies, including flexible and transparent displays. The developments in actuation technologies has also compelled semiconductor device majors to recognize and address the non-homogeneity in operating environments and power requirements and make suitable changes and adjustments to their driver design philosophy.
"Manufacturers have been moving away from LCDs with a cold cathode fluorescent (CCFL) backlight in favor of LED backlighting. OLED TVs are beginning to appear on the market although they are unlikely to displace LCD TVs in the near future.” says report author and BCC Research analyst Andrew McWilliams. " Meanwhile, small OLED displays are increasingly being used in applications such as mobile devices and appliances. Other emerging display technologies include flexible and transparent displays."
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Advanced Materials for Displays: Technologies and Global Markets( SMC033F )
Publish Date: Jun 2017
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