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E-Paper Display (EPD) Market to grow by USD 7,914.02 million between 2022 - 2027The Growing use of E-Books drives the Demand. NEW YORK, Aug. 16, 2023 /PRNewswire/ -- The E-Paper Display (EPD) Market is expected to grow at a CAGR of 23.87% with USD 7,914.02 million between 2022 and 2027. The comprehensive report delves into the market's segmentation based on application (e-readers, mobile displays, public displays, wearables, and EPDs in smart cards and others), type (flexible EPDs, curved EPDs, foldable EPDs, and flat EPDs), and geography (North America, APAC, Europe, South America, and Middle East and Africa). The report also encompasses a comprehensive analysis of driving factors, trends, and challenges, complemented by historical market data from 2017 to 2021.
The E-paper display (EPD) market's growth is anchored by several influential factors. The increasing adoption of e-books, coupled with the energy efficiency and glare-free nature of EPDs, contributes significantly to this upward trajectory. E-books are experiencing a surge in demand due to their portability and preference among consumers for digital reading formats. This transformation in reading habits is propelling the e-paper display market's expansion, with e-books expected to dominate the book industry by 2025. Growth Prospects of E-Paper Display (EPD) Market in Emerging Markets include:
A key challenge for the E-Paper Display (EPD) market is its limited color range, which restricts its application in areas like newspapers and advertisements where vibrant colors are essential. This constraint could impact its appeal and growth in specific segments, necessitating research, and development to address this limitation and unlock broader market potential. Technavio provides a report on -paper Display (EPD) Market that includes the market's key drivers, trends, challenges, and customer landscape, download the sample report now. North America holds a prominent position, anticipated to contribute 42% to the global market growth. The region's well-developed technological landscape and consumer preferences for innovative products drive the demand for EPDs. The research report on the E-paper Display (EPD) Market also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including Advantech Co. Ltd., ASSA ABLOY AB, CLEARink Displays Inc., DALIAN GOOD DISPLAY Co. Ltd., Hangzhou ZKONG Network Co. Ltd., Microtips Technology Inc., Orient Display USA Corp., Parallax Inc., PERVASIVE DISPLAYS Inc., Plastic Logic HK Ltd., Probots Techno Solutions, Rohde and Schwarz GmbH and Co. KG, Shanghai OKRA Technologies Co. Ltd., Solomon Systech International Ltd., SOLUM Europe Gmbh, Toppan Inc., Visionect LLC, Volex Plc and YFY Inc. These companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and service launches, to maintain a competitive edge in the market. The E-Paper Display (EPD) Market's growth is driven by factors like the surge in e-books, advancements in color capabilities, and partnerships with local artists, designers, and artisans. Although challenges exist, such as color limitations, the market's potential remains high, with key market players actively pursuing strategic initiatives to maintain a competitive edge. Buy the full report and make informed decisions to uplift your company. Below, find a few related reports: 3D Display Market: The 3D display market is estimated to grow at a CAGR of 17.85% between 2022 and 2027. The market size is forecast to increase by USD 92.41 billion. The report covers market segmentation by type (screen based display and micro-display), application (televisions, smartphones, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa). Smart Display Market: The smart display market share is expected to progress at a CAGR of 20.27% and reach an estimated value of USD 7.13 billion from 2021 to 2026. The report covers the floating hotels market segmentation by type (Signage, mirror, and home display) and Geography (North America, APAC, Europe, Middle East and Africa, and South America) About Technavio: Technavio is a leading market research company with global coverage. Technavio covers an unparalleled range of industries and offers in-depth assessments of thousands of emerging and niche segments around the world. We employ a dedicated team of industry analysts and maintain an exhaustive internal database of industry information. With well over 500 analysts around the world, we are able to draw on specialized knowledge of over 100 technologies. For media inquiries, please contact: Email: [email protected] Website: www.technavio.com
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