The rise of advanced and digital technology has led to the adoption of curved display devices. A curved display is an electronic display driven by a powerful processing and computing system. Curved displays are widely used in mobile phones (primarily smart phones), personal computers and smart televisions. They are designed to display high definition digital content with low power consumption. In today’s fast paced changing environment, curved display technology is relatively new in the electronic display market and is gaining strong interest among users.
Curved screens are now making their debut in the market on a much smaller scale with televisions and mobile phones. In televisions and mobiles, a curved screen projects the image on the screen and provides a much wider field of view than a standard flat screen. Due to the rise of user friendly and high quality display devices, several electronic manufacturers are working towards the development of large and high-resolution curved displays, primarily for monitors and televisions.
Major growth drivers for the curved display devices market include enhanced digital advertisements and the demand of OLED screen technology in smart televisions. In addition, an increase in pixel density and the demand for user-friendly and high-quality display devices are anticipated to drive the growth of the curved display devices market across the globe. Moreover, technological advancements in electronic displays across various developed countries are projected to fuel the growth of the global curved display device market during the forecast period.
Some of the major challenges faced by curved display device manufacturers are high cost and discrepancy in the demand-supply ratio for OLED panels. These challenges may hamper the growth of the portable display market across the globe during the forecast period.
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Curved Display Devices market: Segmentation
The global curved display devices market, on the basis of device type, can be segmented into curved televisions, curved monitors and curved mobile phones. Attributing to the increasing demand for high-definition televisions and OLED technology, the curved television sub segment is projected to hold the highest market share during the forecast period.
Curved Display Devices market: Competition Landscape
Curved Display Devices market: Key Contracts
- In September 2016, VU technologies, an Indian luxury television manufacturer, unveiled a premium range of curved televisions in India.
Curved Display Devices market: Regional Overview
The demand for curved display devices has risen dramatically over the past 2 years globally. North America holds the largest share in the curved display devices market, due to technological advancements in electronics displays and the rising demand of OLED technology.
Attributing to the high adoption of smart TVs, Europe is expected to hold a high market share in the curved display devices market in the near future. Asia Pacific is fastest growing market for curved display devices, due to the use of pixelight high dynamic range technology in smart TVs and monitors. Sturdy economic progress is driving the growth of the curved display devices market in the MEA region.
Regional analysis for the curved display devices market includes the development of these systems in the following regions:
- North America
- Latin America
- Rest of Latin America
- Western Europe
- Rest of Western Europe
- Eastern Europe
- SEA & Others of APAC
- Australia and New Zealand (A&NZ)
- Rest of SEA & Others of APAC
- Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Curved Display Devices market: Key Players
Some of the major players in the global curved display devices market are :
- Samsung Electronics Co. Ltd.,
- LG Display Co. Ltd.,
- Acer Inc.,
- Sony Corporation,
- Toshiba Corporation,
- HP, Panasonic Corporation,
- TCL Corporation,
- VU Technologies