The global screenless display market size is expected to reach USD 5.59
billion by 2020, according to a new report by Grand View Research, Inc. These
devices came into progress during the year 2013 with the arrival of products
such as virtual reality headsets, holographic videos, mobile phones for the
elderly, retinal displays, bionic contact lenses, etc.
Proliferation of external monitors, reading devices and mobile phones
with large screens serve as key enablers for the industry. As screenless
display cost associated with procurement and deployment of the technology
reduces, its application will witness exponential growth across industry
verticals. Companies are investing in research and development to innovate
products such as screenless computers, tablets, televisions and mobile phones.
 |
U.S. screenless display market by technology, 2013 - 2020 (USD Million)
|
Screenless displays offer an interactive projection technology developed
to solve the issues related to device miniaturization of modern communication
technologies. The lack of space in screen-based devices provides an opportunity
for screenless display industry growth and development. High system cost may
act as a growth restraint.
In depth research report on Screenless Display Market
Further key findings from the study suggest:
·
Visual image screenless display market is expected to
dominate revenue over the forecast period, which can primarily be attributed to
high demand for hologram technology. The limitation of conventional 3D displays
is that the observer has no freedom of head movement or the freedom to increase
information about the 3D objects being projected. Such limitations are overcome
by holographic technology, which allow freedom of movement to the user.
·
Consumer electronics accounted for over 40% of the overall
revenue in 2014, and is expected to remain the largest application segment over
the next few years. Virtual reality and augmented reality are upcoming fields
wherein the technology finds considerable application.
·
North America screenless display market is expected to
remain the industry leader, primarily due to presence of key participants.
Manufacturers are constantly developing and enhancing the technology to make it
more sophisticated and to integrate it with consumer-grade devices. Google and
Vuzix have aimed to increase adoption of smart wearable technology among
consumers. Holographic video development is being carried out in MIT’s Media
Lab.
·
Notable players involved in R&D include Avegant,
Google, Kapsys, Displair, etc. Optical technology helps project images and data
from computers or video players into the viewer's visual field. For instance,
MicroVision’s HMDs allow Army tank commanders to view the surrounding area from
topside while simultaneously viewing a translucent map that floats a couple of
feet away. This industry is characterized by M&A activities and strategic
alliances to boost technology development.
Grand View Research has segmented the global screenless display market on
the basis of technology, application, and region:
Technology Outlook
(Revenue, USD Million, 2013 - 2020)
·
Visual Image
·
Retinal Display
·
Synaptic Interface
Application Outlook
(Revenue, USD Million, 2013 - 2020)
·
Augmented Reality
·
Virtual Reality
·
Consumer Electronics
·
Others
Regional Outlook (Revenue,
USD Million, 2013 - 2020)
·
North America
·
Europe
·
Asia Pacific
·
RoW
Browse more research reports of
this category:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
No comments:
Post a Comment