Zion Market Research has published a new report titled “E-Paper Display Market by Product Type (Auxiliary Displays, Electronic Shelf Labels, E-Readers and Other) for Automotive & Transportation, Consumer & Wearable Electronics, Institutional, Media & Entertainment, Retail & Enterprise and Other Applications: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016-2022’’.According to the report, global e-paper display market was valued at around USD 6.75 billion in 2016 and is expected to reach approximately USD 28.87 billion in 2022, growing at a CAGR of slightly above 27.4% between 2017 and 2022.
E-paper is a portable, reusable storage and displays medium that looks like paper but can be repeatedly written on paper thousands or millions of times. E-paper will be used for applications such as e-books, portable signs, electronic newspapers, and foldable, rollable displays. Information to be displayed is downloaded through a connection to a computer or a cell phone, or created with mechanical tools such as an electronic “pencil”. E-paper technology includes the benefits of low power consumption and sunlight readability, which results in an improved performance. The technology has the potential to compete with the established and mature display technologies, especially LCD. There is an increase in the adoption of e-paper display by the designers of consumer electronic devices due to the performance benefits offered by e-paper. Many new e-paper technologies are lined up for commercialization and will certainly help in increasing the adoption rate of the e-paper display.
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Major factors which are driving the growth of this market is the development of new easy to handle display devices, rising demand of on the move information, rising numbers of e-readers. The growth of e-paper display market is dependent on consumer acceptance of digital content. In addition, increasing benefits of technology in different sectors such as institutional, consumer and wearable electronics, retail and enterprise are impelling the demand of this market. However, low awareness, the high cost of manufacturing and piracy of e-paper is restraining the growth of the e-paper display market. Nonetheless, increasing investment in economically emerging countries and potential of the untapped market will boost the demand of the e-paper display market in coming years.
E-paper display market is bifurcated on the basis of product type, application, and region. Product type segment includes auxiliary displays, electronic shelf labels, e-readers and others. E-readers segment is dominating this market due to the huge proliferation of e-readers in major economies such as U.S, U.K, China, and others. Also, an e-book reader is portable, high capacity to storage and others.
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Furthermore, e-readers can use the internet through Wi-Fi and the built-in software can provide a link to a digital open publication distribution system library or an e-book retailer, allowing the user to buy, borrow, and receive digital e-books. An electronic shelf label (ESL) system is used by retailers for displaying product pricing on shelves. E-paper is currently trending in the ESL market as it provides crisp display and supports full graphics imaging. Application wise, the e-display paper market is bifurcated into automotive & transportation, consumer & wearable electronics, institutional, media & entertainment, retail & enterprise etc. Regionally, North America is dominating the e-display market, as increasing usage of smartphones and tablets among the customers.
The major players operating e-paper display market are Amazon Liquavista, Cambrios Technologies Corporation, Clearink Display, E ink Holdings, Guangzhou Oed Technologies Co. Ltd, Inkcase, LG Electronics, Pervasive Displays, Plastic Logic, Samsung, Epson Electronics America, Inc., and Mpicosys, among others.
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The report segments global e-paper display market as follows:
Global E-Paper Display Market: Product Type Segment Analysis
- Auxiliary Displays
- Electronic Shelf Labels
Global E-Paper Display Market: Application Segment Analysis
- Consumer & Wearable Electronics
- Automotive & Transportation
- Retail & Enterprise
- Media & Entertainment
Global E-Paper Display Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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