IMARC Group, a leading market research company, has recently releases report titled “E-Paper Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global e-paper display market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What is E-Paper Display?
E-paper, also known as electronic paper, is a display technology that mimics the appearance of ink on paper. It provides a paper-like reading experience with high contrast, wide viewing angles, and low power consumption. E-paper displays are commonly found in e-readers, electronic shelf labels, smartwatches, and other portable devices. The technology behind e-paper displays is based on electrophoresis, which uses tiny microcapsules containing positively and negatively charged particles suspended in a clear fluid. These particles are black and white, and when an electric field is applied, they move to the top or bottom of the microcapsules, creating a visible image.
Unlike traditional displays that require a constant power source to maintain the image, e-paper displays are bistable, meaning they only require power when the image is changing. This makes them energy-efficient and allows for extended battery life in devices that use e-paper technology.
How big is the E-Paper Display Market?
The e-paper display market size reached US$ 2.28 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.64 Billion by 2028, exhibiting a growth rate (CAGR) of 15.2% during 2023-2028.
What Are the Growth Prospects and Trends in the E-Paper Display Industry?
One of the major trends in the e-paper display industry is the increasing adoption of e-readers and e-books. As digital reading becomes more prevalent, there is a growing demand for devices that provide a comfortable reading experience similar to printed books. E-paper displays, with their paper-like appearance, low power consumption, and eye-friendly characteristics, are well-suited for this purpose. The rising popularity of e-books and the need for energy-efficient displays are expected to drive the growth of e-paper displays in the e-reader market. Another important trend is the integration of e-paper displays in electronic shelf labels (ESLs) in retail environments. ESLs offer advantages such as real-time price updates, dynamic pricing, and easy inventory management. E-paper displays provide clear and legible pricing information with low power consumption, allowing retailers to enhance their operations and improve customer experience. As retailers seek more efficient and flexible solutions, the demand for e-paper-based ESLs is expected to increase.
The e-paper display industry is also witnessing growth in the wearables market. E-paper displays are being integrated into smartwatches, fitness trackers, and other wearable devices due to their power efficiency and readability in various lighting conditions. The demand for wearable devices with long battery life and a user-friendly display interface is driving the adoption of e-paper displays in this sector.
What is included in market segmentation?
The report provides detailed segmentation of the global e-paper display market based on based on product, application and region.
Breakup by Product:
Auxiliary Displays
Electronic Shelf Labels
E-Readers
Others
Breakup by Application:
Consumer Electronics
Healthcare
Institutional
Media & Entertainment
Transportation
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
The Major Players in the market are Broadview Adafruit Industries LLC, CLEARink Displays Inc., E Ink Holdings Inc., Hanvon Technology Co. Ltd., LANCOM Systems GmbH (Rohde & Schwarz GmbH & Co KG), Microtips Technology, Pervasive Displays Inc. (SES-imagotag), Plastic Logic (FlexEnable Limited), Toppan Inc. and Visionect