Global Electrowetting Display Market, By Product Type (E-Readers, Mobile Devices, Smart Cards, Poster and Signage, Auxiliary Displays and Electronic Shelf Label, Wearables), Application (Mobile Phones, Smartcards, Smart Watches, Poster Devices) - Industry Trends and Forecast to 2031.
Electrowetting Display Market Analysis and Size
The rapidly increasing environmental awareness regarding cutting trees for making paper has been directly influencing the growth of the electrowetting display market over the forecast period. Also, the increasing adoption of this technology in e-readers is also flourishing the growth of the market.
Data Bridge Market Research analyzes that the global electrowetting display market was valued at USD 2.2 billion in 2023 and is expected to reach USD 9.25 billion by 2031, registering a CAGR of 17.2% during the forecast period of 2024-2031. The “E-Readers” segment accounts for the highest market share due to the increasing usage of the software as a service tool among the consumer. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Electrowetting Display Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Product Type (E-Readers, Mobile Devices, Smart Cards, Poster and Signage, Auxiliary Displays and Electronic Shelf Label, Wearables), Application (Mobile Phones, Smartcards, Smart Watches, Poster Devices)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa
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Market Players Covered
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CLEARink Displays, Inc. (U.S.), E Ink Holdings Inc. (Taiwan), Xerox Corporation (U.S.), Qualcomm Technologies, Inc. (U.S.), LG Display Co., Ltd. (South Korea), IDTechEx Ltd (U.K.), GUANGZHOU OED TECHNOLOGIES CO., LTD (China), PERVASIVE DISPLAYS, INC. (Taiwan)
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Market Opportunities
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Market Definition
Electrowetting is a type of e-ink display technology, in an electrowetting display, a small blob of black oil gets the place of liquid crystal. In its base position, the black oil is dense and does not allow any light through.
Global Electrowetting Display Market Dynamics
Driver
- Adoption of digital technologies
The increasing urbanization and industrialization, as well as the people, are now increasingly adopting digital technologies so as to minimize the use of papers for reading and documentation tasks, thus, are positively impacting the growth of the market. Furthermore, the increasing number of applications, as well as the easy availability of customized electrowetting display devices, are also acting as an active growth driver towards the growth of the electrowetting display market.
Opportunities
- Increasing use of advanced technologies
Artificial intelligence and machines will truly benefit the market in the long run. Such advanced technologies offer a greater degree of security and safeguard the crucial information of the user. Advanced analytics and video analytics offer security and safety against proactive risks and therefore, this will spread a positive word of mouth for the transaction monitoring technology on a global scale.
- Growth and expansion
Growth and expansion of banking and financial services industry especially in the developing economies will present very many opportunities for the growth of the market. In addition, the increasing trend of digitalization further offers numerous growth opportunities within the market. Rising number of end users on daily basis, both at large and small scale and complete digitization of operations will also work in favor of the market.
Restraints/Challenges
- Lack of technical expertise
The dearth of expert knowledge and technical expertise and lack of awareness, especially in underdeveloped economies, will create hurdles for the market in regards to the smooth growth in the market value. In addition, the stringent regulations imposed on the market concerned with the privacy of the general public will further derail the market growth rate.
This electrowetting display market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electrowetting display market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In November 2020, Under the supervision of Professor Guofu Zhou and Professor Alex Henzen, the newest achievements in colour video electronic paper displays jointly developed and manufactured by South China Normal University (SCNU) and Shenzhen Guohua Optoelectronics Ltd. are shown. The achievements are based on the team's research and development efforts in colour video electronic paper displays, which are among the most advanced
Global Electrowetting Display Market Scope
The electrowetting display market is market is segmented on the basis of product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- E-Readers
- Mobile Devices
- Smart Cards
- Poster and Signage
- Auxiliary Displays
- Electronic Shelf Label
- Wearables
Application
- Mobile Phones
- Smartcards
- Smart Watches
- Poster Device
Global Electrowetting Display Market Region Analysis/Insights
Electrowetting display market is analyzed and market size, volume information is provided by country, product type, application as referenced above.
The countries covered in the market report are the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Poland, Switzerland, Netherlands, Hungary, Austria, Norway, Ireland, Turkey, Lithuania, rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, rest of Asia-Pacific, Brazil, Argentina, Peru, rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Kuwait, Egypt, and rest of Middle East & Africa.
North America is expected to dominate the market due to the rapid technological advancements in the region. Asia-Pacific is expected to show a significant growth rate over the forecast period due to the growing demand for smart city infrastructure within this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Semiconductor Infrastructure growth Installed base and New Technology Penetration
The electrowetting display market also provides you with a detailed market analysis for every region’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the electrowetting display market, the impact of technology using lifeline curves, and changes in battery regulatory scenarios and their impact on the electrowetting display market. The data is available for the historic period 2010-2020.
Competitive Landscape and Global Electrowetting Display Market Share Analysis
The electrowetting display market is analyzed, and market size information is provided by country, product type & application. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the electrowetting display market.
Some of the major players operating in the electrowetting display market are:
- CLEARink Displays, Inc. (U.S.)
- E Ink Holdings Inc. (Taiwan)
- Xerox Corporation (U.S.)
- Qualcomm Technologies, Inc. (U.S.)
- LG Display Co., Ltd. (South Korea)
- IDTechEx Ltd (U.K.)
- GUANGZHOU OED TECHNOLOGIES CO., LTD (China)
- PERVASIVE DISPLAYS, INC. (Taiwan)
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