The growing demand of technological advanced devices which can provide similar operation like a paper thereby to reduce usage of paper and to save environment, e-paper concept was evolved.
E-paper or electronic paper is a display technology which appears similar to a paper but provide reusable storage and display space. With its ability to use backlight to illuminate its pixels, it provide wider view angle to readers to easily access & read the content anywhere. Also, its ability to provide high performance in low power consumption is making it an essential part of routine life.
The high adoption of smartphones and digital technology among consumers as well as end-user industries has increased the demand for e-paper display devices in the market.
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According to Market Research Future Analysis, The Global E-Paper Display Market is estimated to reach USD 3878 million by 2022 growing with approximately 36% CAGR during forecast period 2018-2022.
Market Research Future (MRFR) recognizes the following companies as the key players in the global E-Paper Display Market include Plastic Logic (Germany), E Ink holdings, Inc. (Taiwan), OED Technologies Co. Ltd. (China), Qualcomm, Inc. (U.S.), LG Display (South Korea), Amazon Liquavista B.V. (The Netherlands), Cambrios Technologies Corporation (U.S.), Pervasive Displays, Inc. (Taiwan), Gamma Dynamics (U.S.), and Samsung electronics co. Ltd. (South Korea).
Commenting on the report, an analyst from Market Research Future (MRFR)’s team said:
“Among the wide range of e-paper display products, e-book is expected to occupy largest market share due to its wide application in manufacturing industries thereby accelerate the market growth of e-paper display market. Also, growing technology advancement in manufacturing process has led e-paper to evolve with advanced features such as high-resolution, more flexible, and large display size. However, complex electrochemical process, and low speed of devices is expected to hinder the growth of e-paper display market”
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Market research Future has segmented the global E-Paper Display market into product type, technologies and end-users. By product type, E-Paper Display market comprises of E-readers, mobile devices, poster & signage, smart cards & smart packaging, auxiliary displays, and others. By technologies, e-paper display market categorized into Gyricon, Electrophoretic display (EPD), electrowetting display (EWD), electrofluidic display (EFD), Cholestric display, Interferometric Modulator Display (IMOD) and others. Furthermore, E-Paper Display market is serving many end-users sectors which include Automotive, Consumer Electronics, Media & entertainment, retail, medical, architecture, packaging and others.