LAMEA Smartwatch Display Panel Market By Panel Type, By Display Technology, By Display Type, By Application, By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027

The Latin America, Middle East and Africa Smartwatch Display Panel Market is expected to witness market growth of 17.9% CAGR during the forecast period (2021-2027).

The rise in the use of smart devices like smartphones and smartwatches is also anticipated to propel the growth of the smartwatch display panel market over the forecast period. There are several technological trends going on around the region, which are providing advanced functionalities like easy supervision and evaluation of the data recorded by using these smart devices collectively is expected to further accelerate the demand and growth of the smartphone display panel market during the forecast period.

With the rising demand for smartwatches across various nations of the region, the demand for the smartwatch display panel is also increasing in the region. In addition, the increasing investment in the development and adoption of smart technologies and devices within the healthcare industry of the region is expected to create lucrative opportunities for the key market players.

Furthermore, factors like increasing health awareness among consumers, rising digitalization & urbanization, and the various technological advancements are projected to fuel the growth of the regional smartwatch display panel market in the coming years. The advancements in display technology and increasing demand for flexible displays are estimated to propel the growth of the regional smartwatch display panel market over the forecast period.

The Brazil market dominated the LAMEA Smartwatch Display Panel Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $55.4 million by 2027. The Argentina market is registering a CAGR of 18.5% during (2021 - 2027). Additionally, The UAE market is poised to grow at a CAGR of 17.5% during (2021 - 2027).

Based on Panel Type, the market is segmented into Rigid and Flexible. Based on Display Technology, the market is segmented into LED-backlit LCD and OLED. Based on Display Type, the market is segmented into Monochrome and Colored. Based on Application, the market is segmented into Personal Assistance, Fitness, Medical & Health, and Personal Safety. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LG Electronics, Inc. (LG Corporation), Samsung Electronics Co., Ltd. (Samsung Group), AU Optronics Corporation, Sharp Corporation, BOE Technology Group Co., Ltd., Japan Display, Inc., Truly International Holdings Limited, Futaba Corporation, Everdisplay Optronics (Shanghai) Co., Ltd., and Visionox Technology, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Panel Type

• Rigid
• Flexible

By Display Technology

• LED-backlit LCD
• OLED

By Display Type

• Monochrome
• Colored

By Application

• Personal Assistance
• Fitness
• Medical & Health
• Personal Safety

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

• LG Electronics, Inc. (LG Corporation)
• Samsung Electronics Co., Ltd. (Samsung Group)
• AU Optronics Corporation
• Sharp Corporation
• BOE Technology Group Co., Ltd.
• Japan Display, Inc.
• Truly International Holdings Limited
• Futaba Corporation
• Everdisplay Optronics (Shanghai) Co., Ltd.
• Visionox Technology, Inc.

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