The market for cutting-edge display technologies that are anticipated to outperform current display technologies is referred to as the “next generation display market.” These innovations are meant to offer better image quality, greater resolution, increased energy efficiency, and novel functionality.
Next Generation Display Market size was valued at USD 220.98 Bn in 2021, registering a CAGR of 9.39% during the forecast period (2023-2030), and the market is projected to be worth USD 95.62 Bn by 2030.
Some of the key technologies driving the next generation display market include:
The market for next-generation displays is being propelled by a number of reasons, including booming consumer electronics markets, rising display technology, and increased demand for high-resolution and energy-efficient displays. Companies spend in R&D to bring cutting-edge display solutions to the market, which is very competitive.
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Market Segmentations:
Global Next Generation Display Market: By Company
• Samsung Electronics
• Sony
• LG
• Philips
• Universal Display Corporation (UDC)
• Nova
• Kyocera
Global Next Generation Display Market: By Type
• OLED
• LCD
• Others
Global Next Generation Display Market: By Application
• Consumer Electronics
• Defense and Aerospace
• Automotive
• Industrial
• Medical
• Others
Global Next Generation Display Market: Regional Analysis
The market has been predicted during the course of the prediction period, and each geographical segmentation has been examined based on current and anticipated trends. The regions covered in the Global Next Generation Display Market Report’s regional analysis include the United States, Canada, and Mexico in North America, Germany, France, the United Kingdom, Russia, Italy, Spain, Turkey, the Netherlands, Switzerland, Belgium, and the Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, and the Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, the United Arab Emirates, South Africa, Egypt, Israel
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In general, market research studies offer companies and organization’s useful data that can aid in making decisions and maintaining competitiveness in their industry. They can offer a strong basis for decision-making, strategy development, and business planning.
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