Next-Generation Display Materials Market Competitive Landscape, Research Methodology, Business Opportunities, Statistics and Industry Analysis Report by 2028

Next-Generation Display Materials Market

According to the most recent analysis by Emergen Research, the worldwide next-generation display materials market is anticipated to reach a market value of USD 380.03 billion in 2028 and register a consistent CAGR during the projected period. The market is expected to increase as a result of factors including rising consumer disposable income, technological advancements, and changes in lifestyle. Newer screens do away with some significant shortcomings of LCD technology. In comparison to IPS-LCD technology, OLED is a leading technology that is present in practically all contemporary display products and gadgets.

One layer of substrate, encapsulation technology, polarizer, electrode, emitter, and organic layer components make up an OLED display. Two important materials that are employed as substrates are glass and plastic. Organic plastic molecules are used in the organic layers and emitter, which help move electrons from the cathode and produce light. The most often utilised substance in organic layers of LED display technology is polyfluorene. Quantum Dot Light-Emitting Diode (QLED) technology is now used in contemporary displays as a result of ongoing improvements in OLED and LCD technologies. But as people become increasingly aware of how dangerous the cadmium used in quantum dot is, producers are turning their attention to more environmentally benign quantum dot technologies.

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Further key findings from the report suggest

Samsung Display Company introduced a new low-power OLED display for Galaxy S21 Ultra smartphones in January 2021. This OLED display will contribute to a 16% reduction in power usage.

In the global market for next-generation display materials, the OLED segment is anticipated to post a significant CAGR throughout the forecast period. Almost all high-tech display devices and panels employ OLED technology.

In terms of revenue, the European market accounted for a double-digit portion of the global market in 2020. Key elements including the rising emphasis on display materials and government assistance for R&D are important elements predicted to continue to promote market growth in the region.

In the global market for next-generation display materials, the OLED segment is anticipated to post a significant CAGR throughout the forecast period. Almost all high-tech display devices and panels employ OLED technology.

For the purpose of this report, Emergen Research has segmented the global next-generation display materials market based on technology type, material, application, and region as follows:

Technology Type Outlook (Revenue: USD Billion; 2020–2028)

  • OLED
  • IPS-LCD
  • Others

Material Outlook (Revenue: USD Billion; 2020–2028)

  • Substrate
  • Polarizer
  • Color Filter
  • Liquid Crystals
  • Backlighting Unit
  • Emitter and Organic Layer
  • Encapsulation

Application Outlook (Revenue: USD Billion; 2020–2028)

  • Smartphones
  • Televisions and Monitors
  • Smart watches
  • Automotive Displays
  • Laptops and Tablets
  • Others

Regional Outlook (Revenue: USD Million; 2020–2028)

  • North America
    1. U.S.
    2. Canada
  • Europe
    1. Germany
    2. U.K.
    3. France
    4. BENELUX
    5. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • Middle East & Africa
    1. Saudi Arabia
    2. UAE
    3. Rest of MEA

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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