E-paper Display Market worth USD 21,859.6 million by 2030

The Market Statsville Group (MSG) publishes the new report on the "E-paper Display Market by Product Type (Auxiliary Displays, Electronic Shelf Labels, E-readers, and Others), by Application (Automotive & Transportation, Consumer & Wearable Electronics, Institutional, Media & Entertainment, Retail & Enterprise, and Others), by Region – Global Share and Forecast to 2030".

The global E-paper display market size is expected to grow from USD 1,969.7 million in 2021 to USD 21,859.6 million by 2030, at a CAGR of 35.1% during the forecast period. E-papers offer long-term durability and data storage while consuming little power, lowering power generation costs. E-paper has a low power consumption because it does not require power to display an image, but it does require power to change the content. This display technology's interactive and dynamic benefits are expected to drive demand in several applications over the forecast period. They're currently used in transportation information systems, menu boards, gas station price signs, and digital bus stops. Its use in various applications has benefited a variety of organizations and industries. They're also using energy-harvesting techniques to provide enough power to refresh the display, which they're finding applications in IoT sensors for providing a local indication of temperature. Furthermore, as environmentally friendly technologies become more prevalent in society, they are attracting more investment than other technologies.

Global E-paper Display Market Segmentation

The overall E-paper display market has been segmented into product type, application, and region.

• By Product Type (Auxiliary Displays, Electronic Shelf Labels, E-readers, and Others)
• By Application (Automotive & Transportation, Consumer & Wearable Electronics, Institutional, Media & Entertainment, Retail & Enterprise, and Others)
• By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Consumer & wearable electronics, by application, is estimated to hold the largest market share during the forecast period

The application segment is further divided into consumer & wearable electronics, automotive & transportation,  institutional, media & entertainment, retail & enterprise, and others. The consumer & wearable electronics segment dominates the market and is expected to register the highest CAGR over the forecast period. Starting from smart jewelry and watches to clothing and backpacks, the use of e-paper is rapidly increasing in the wearables industry. With the flexibility and innovative potential offered by electronic display technology, simple wearable products can turn into fashionable ones. This will allow people to customize and personalize the product as per their needs or preference. For instance, a no-charge smart bracelet containing a flexible display can choose from a wide range of patterns and designs dependent on the wearer’s mood and style. With features such as lightweight, low power, and daylight readability functionality, the e-paper display ensures the practicality and comfort of the product, which is ultimately expected to boost the market in the forecast period.

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North America accounts for the largest market share in 2021

Based on the regions, the global E-paper display market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, North America generated the highest revenue by region in the global e-paper display market. The North America region is the largest market for e-paper displays owing to the high penetration of tablets. The e-paper display market in North America is growing rapidly due to factors such as technological advancements, a positive environmental impact due to very low energy consumption compared to other display technologies, and an increase in application areas.

In addition, there is a spike in the ownership of both tablet computers and e-book reading devices such as the original Kindles in the course of the gift-giving season. Furthermore, the growing demand for digitalized comic books is anticipated to drive the market in the region.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the E-paper display market. It also consists of the profiles of leading companies such as GUANGZHOU OED TECHNOLOGIES CO. LTD, Hanvon Technology Co., Ltd, NEC Display Solutions, CLEARink Displays, Inc, E Ink Holdings Inc, Plastic Logic HK Ltd, Samsung Electronics Co Ltd, LG Electronics, PERVASIVE DISPLAYS, INC, and SES-imagotag. These market players have focused on acquisitions and expansion to gain a larger market share in the E-paper display market.

Browse complete report: https://www.marketstatsville.com/e-paper-display-market

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