Global Screenless Displays Market is valued approximately at USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Screenless Displays offer a better content view, provide more space, and require low power. It provides larger portability with a wider viewing angle. The colors of screenless displays offer better brightness and contrast. These are majorly used in aerospace and defense, healthcare, automotive, consumer electronics, etc. The Screenless Displays market is expanding because of factors such as rising growth across the display industry and growing manufacturing of affordable & smart screen-based displays.
According to the Indian Cellular and Electronics Association in 2020, the global display industry has surpassed a hundred billion dollars (USD). Additionally, in 2019, the display industry reported revenue of USD 111 billion, it includes rising penetration of electronic and smart devices such as mobile, monitors, TVs, etc. By 2024, the industry is expected to reach a value of around USD 126 billion. In addition, demand & application across gaming industry and growing R&D activities by market players create lucrative opportunities for the market growth. However, higher investment cost hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Screenless Displays Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominates the market with highest revenue, owing to the increasing sales of consumer electronics and rising demand for high-quality digital advertisements. Whereas, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing advertising expenditure, growing public and private spending towards smart and wearable devices, and increasing demand by retail sectors, etc. in the forecast period.
Major market players included in this report are:
Realview Imaging Ltd.
Magic Leap, Inc.
Eon Reality Inc.
Recent Developments in the Market:
In November 2019 - Holoxica Limited launched its 8k Holographic Display in November 2019, with the goal of providing businesses with a way to view 3D assets as holograms without the use of VR headsets.
In May 2020 - HP announced the HP Reverb G2 virtual reality headset in May 2020, with high-resolution specs that the company hopes will attract new enterprise users and consumers. The company is launching the second-generation VR headset in collaboration with Microsoft and game developer Valve. The headset will be available for USD 600 in the fall.
Global Screenless Displays Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Technology, End-User Industry Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End-User Industry:
Aerospace & Defence,
Rest of the World