March 19, 2021
According to the research report titled ‘Global Electronic Paper Display (EPD) Market - Analysis By Product Type, End User, By Region, By Country: Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025)’, available with Market Study Report, global electronic paper display (EPD) market was appraised at USD 1062.21 million in 2019 and is set to record a robust compound annual growth rate during the forecast period.
Increasing number of E-readers, widespread adoption of consumer electronics, and improving cognizance regarding the benefits of E-paper are some of the key factors driving the growth of global electronic paper display market. Rapid digitalization and supportive regulatory outlook towards environmental advancements are also propelling the market expansion.
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Technological breakthroughs in this market space have allowed for development of colored electronic paper displays. In addition, growing demand for IoT (Internet of Things) solutions are adding traction to the overall market size.
Based on product landscape, the market is split into electronic shelf label, auxiliary displays, e-Readers, and others. The report states that the e-Reader segment is likely to accrue notable gains for global electronic paper display industry in the forthcoming years, owing to growing demand for e-books.
Citing the end-user landscape, the business domain is divided on the basis of media & entertainment, consumer electronics, automotive, and others. According to the report, global electronic paper display industry size from consumer electronics is predicted to expand significantly during the study duration, owing to widespread adoption of the technology as well as consumer electronics.
Considering the geographical landscape, North America electronic paper display industry share is set to record the highest CAGR through 2025, primarily due to increasing usage of smartphones, tablets, mobile phones and high number of e-Readers.
The competitive landscape of global electronic paper display market is defined by companies such as SES-imagotag, Pervasive Displays Inc., Plastic Logic Germany, CLEARink Displays Inc., LG Display, and E ink Holdings Inc. among others.