Global Curved Display Market Size study & Forecast, by Type (LCD, EPD, LED, OLED), by End User (Consumer Electronics, Transportation, Retail, Advertising, Others) and Regional Analysis, 2023-2030
Global Curved Display Market is valued at approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030. A curved display refers to a display panel that is symmetrically curved rather than flat. This design element has gained popularity in various electronic devices, including televisions, computer monitors, smartphones, and smartwatches. The curvature of the display aims to match the natural curvature of the human eye, providing a more immersive viewing experience. The curve adds depth to the content on the screen, making it appear larger and more engaging, which can enhance the feeling of being surrounded by the visuals. The Curved Display market is expanding because of factors such as an increase in demand for consumer electronics and growing demand for automotive displays. Curved displays create a perceived increase in contrast, making images appear more vibrant and dynamic. Its importance has progressively increased during the forecast period 2023-2030.
Curved displays can offer improved viewing angles, allowing users to see the content more clearly from different positions around the screen. Consumer electronics such as desktop monitors, the curvature can provide a more comfortable and immersive working experience, reducing eye strain and minimizing distortion at the edges of the screen. According to Statista, the global revenue in the consumer electronics market is expected to expand by USD 125.5 billion between 2023 and 2028 and revenue is expected to reach USD 1.2 trillion by 2028. Furthermore, in 2022, revenue in the consumer electronics market is led by China with USD 251.4 billion, followed by the United States with USD 150.2 billion. Another important factor that drives the Curved Display market is the increasing demand for automotive displays. Curved displays offer flexibility in terms of design and layout, allowing car manufacturers to customize the user interface and adapt it to the specific model and brand identity. In addition, as per Statista, about 350 million automotive displays are expected to be shipped globally by the year 2025. Moreover, the increasing use of smartwatches and rising technological advancement in electronic displays are anticipated to create lucrative growth opportunities for the market over the forecast period. However, manufacturing complexities related to curved displays and risks associated with the operations stifled market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Curved Display Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the higher adoption of smart TVs and increasing technological advancements in electronic displays. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as due to significant use of Pixelight high dynamic range technology in different screens and monitors.
Major market player included in this report are:LG Display Co., Ltd
Samsung Electronics Co., Ltd
Royole Corporation
Motorola Inc.
BOE Technology Group Co., Ltd
Acer Inc.
Sony Corporation
TCL Corporation
Toshiba Corporation
Panasonic Corporation
Recent Developments in the Market:In August 2022, The Odyssey Ark, the world's first 55-inch 1000R curved gaming screen, was introduced by Samsung Electronics, adding an entirely new form factor to the industry-leading Odyssey portfolio. The display has a frame rate of 165Hz and a response time of 1ms1, as well as an all-new Cockpit Mode and a special controller, the Ark Dial, which provides the ultimate window into the world of gaming with unrivalled immersion. The curved gaming screen employs Samsung's Quantum Matrix Technology, which employs Quantum Mini LEDs to provide ultra-fine and accurate control over the densely packed LEDs. Gamers witness both dark and brilliant sceneries, including 16,384 black levels for ultra-realistic visuals, due to newly integrated 14-bit processing and smart lighting control technologies.
Global Curved Display Market Report Scope:Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
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 Type
LCD
EPD
LED
OLED
By End User
Consumer Electronics
Transportation
Retail
Advertising
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedLG Display Co., Ltd
Samsung Electronics Co., Ltd
Royole Corporation
Motorola Inc.
BOE Technology Group Co., Ltd
Acer Inc.
Sony Corporation
TCL Corporation
Toshiba Corporation
Panasonic Corporation
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