Global Electronic Paper Market to Reach $19.8 Billion by 2027
Amid the COVID-19 crisis, the global market for Electronic Paper estimated at US$7.9 Billion in the year 2020, is projected to reach a revised size of US$19.8 Billion by 2027, growing at a CAGR of 14% over the analysis period 2020-2027. Electrophoretic, one of the segments analyzed in the report, is projected to record a 13.7% CAGR and reach US$15.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electrowetting segment is readjusted to a revised 14.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 13.5% CAGR
The Electronic Paper market in the U.S. is estimated at US$2.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.5 Billion by the year 2027 trailing a CAGR of 13.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 12% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.3% CAGR.
Other Display Technologies Segment to Record 16.2% CAGR
In the global Other Display Technologies segment, USA, Canada, Japan, China and Europe will drive the 16% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$492.8 Million in the year 2020 will reach a projected size of US$1.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.4 Billion by the year 2027.
Select Competitors (Total 38 Featured):
Amid the COVID-19 crisis, the global market for Electronic Paper estimated at US$7.9 Billion in the year 2020, is projected to reach a revised size of US$19.8 Billion by 2027, growing at a CAGR of 14% over the analysis period 2020-2027. Electrophoretic, one of the segments analyzed in the report, is projected to record a 13.7% CAGR and reach US$15.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electrowetting segment is readjusted to a revised 14.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 13.5% CAGR
The Electronic Paper market in the U.S. is estimated at US$2.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.5 Billion by the year 2027 trailing a CAGR of 13.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.3% and 12% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.3% CAGR.
Other Display Technologies Segment to Record 16.2% CAGR
In the global Other Display Technologies segment, USA, Canada, Japan, China and Europe will drive the 16% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$492.8 Million in the year 2020 will reach a projected size of US$1.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.4 Billion by the year 2027.
Select Competitors (Total 38 Featured):
- Bridgestone Corporation
- Corning Display Technologies
- Dai Nippon Printing Co., Ltd.
- Displaydata Limited
- E Ink Holdings, Inc.
- Gamma Dynamics LLC
- Industrial Technology Research Institute.
- LG Electronics Inc.
- Liquavista B.V.
- Plastic Logic GmbH
- RISE Acreo
- Samsung Electronics Co., Ltd.
- Seiko Epson Corporation
- Sony Corporation
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| Report Attribute | Details |
|---|---|
| No. of Pages | 106 |
| Published | April 2021 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value ( USD | $ 7.9 Billion |
| Forecasted Market Value ( USD | $ 19.8 Billion |
| Compound Annual Growth Rate | 14.0% |
| Regions Covered | Global |
Table of Contents
I. METHODOLOGY
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
IV. COMPETITION
