Electronic displays convert electrical signals into visual images that are changed in real time by refreshing the memory when new information in the form of electrical signals is received. Electronic displays are proving much beneficial in numerous applications such as televisions, mobile phones, computers, among others and replacing traditional mechanical displays like galvanometers, counters, paper displays, and others.
Technological development in the field of electronics is resulting in the increasing use of electronic devices over mechanical devices. Low price, minimum maintenance, and re-usability for number of display applications are some important driving factors for the electronic displays market.
Electronic displays have been in the market for long starting with the initial technology like CRT (cathode ray tubes) displays. Advancement in technology has resulted in reduction in size and improvements in display quality. Ever increasing population, technological advancements, emergence of new market players with new display technologies is driving the growth of the global electronic displays market. Growing environmental concerns, strict regulations from governments of developed economies, and lower manufacturing costs in emerging/ developing economies has resulted in shifting of the manufacturing hub to emerging regions of Asia.
Currently, there is increasing demand for electronic displays as they are used in a wide range of applications. Cell phones, computing devices and televisions are the major market drivers for the electronic displays market. These types of displays are also integrated in toys and dresses. Electronic displays are also used for developing flexible display devices like eReaders. There is significant growth potential for electronic displays in flexible displays and 3-dimensional display devices in the near future. As a result, growing usage and adoption of these display devices by various sectors is driving the overall sales of electronic displays worldwide.
Based on display technologies, the electronic displays market is segmented as
- Cathode Ray Tube (CRT)
- 3D Screens
There is increasing demand for electronic displays from various sectors like entertainment centers, healthcare centers, hospitality centers, indoor arenas, auditoriums, transportation, government, retail, corporate, and others.
Some of the major players of this market include Acer Inc., ActiveLight Inc., AU Optronics, BOE Technology Group Co. Ltd., Cambridge Display Technology, Casio Computer Co. Ltd., Citizen Electronics Co. Ltd., LG Electronics Inc., Zenith Electronics Corp., Samsung Electronics Co. Ltd., Sharp Corporation, Sony Corp., Toshiba Corp., and others.