The global E-paper (electronic paper) display market size was valued at $1.6 billion in 2020, and is projected to reach $9.5 billion by 2030, growing at a CAGR of 17.3% from 2021 to 2030. Electronic paper display (EPD) is a significant development in the display technology owing to its advanced features such as readability in direct light (indoor as well as outdoor ambience), low power consumption, flexibility, durability, lightweight, and convenient composition Electronic paper displays present itself as a practical fusion of physics, chemistry, and electronics. The ink utilized in this display technology is termed as e-ink, with chemical composition similar to the pigment used in conventional printing industry. Instead of being deposited on paper, this ink takes the form of tiny capsules (about the diameter of the human hair sandwiched between two electrodes) to produce a monochrome result or sometimes a result with limited colors.
With availability of displays, such as AMOLED and LCDs that offer advanced features with better palettes of over 16 million colors, the electronic paper display (EPD) technology has its own relevance in the current scenario. The application and benefits of e-ink are as follows:
E-ink can be used for changeable retail price tags, as utilization of conventional display can be power intensive and expensive.
Similarly, with oversized wall clocks, cabinet lock readers, supermarket divider applications where power consumption is the main concern, e-paper can be used.
The reflective nature of the e-ink saves the need for backlight.
The durability of e-ink makes it suitable for rugged application like e-readers.
Therefore, the best use of e-ink is possible by supplementing it with conventional displays for specific applications, such as reading, and operating basic functions in consumer electronic devices. The rise in penetration of Internet among users of consumer electronic devices leads to paperless operations across application sectors, such as enterprise and education. This is expected to aid in the rise of adoption of e-readers, thereby driving the e-paper display market growth.
The e-paper display market is segmented on the basis of product, application, and geography. The products segment is classified into auxiliary displays, e-readers, electronic shelf labels, and others. The application segment includes consumer & wearable electronics, institutional, media & entertainment, retail, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in the report include Liquavista B.V. (Amazon), Cambrios Technologies Corporation, CLEARink Displays, Inc., E Ink Corporation, Guangzhou OED Technology Inc., GDS Holding S.r.l., Plastic Logic, LG Electronics Inc., Pervasive Displays Inc., and Samsung Electronics Co. Ltd.
With availability of displays, such as AMOLED and LCDs that offer advanced features with better palettes of over 16 million colors, the electronic paper display (EPD) technology has its own relevance in the current scenario. The application and benefits of e-ink are as follows:
E-ink can be used for changeable retail price tags, as utilization of conventional display can be power intensive and expensive.
Similarly, with oversized wall clocks, cabinet lock readers, supermarket divider applications where power consumption is the main concern, e-paper can be used.
The reflective nature of the e-ink saves the need for backlight.
The durability of e-ink makes it suitable for rugged application like e-readers.
Therefore, the best use of e-ink is possible by supplementing it with conventional displays for specific applications, such as reading, and operating basic functions in consumer electronic devices. The rise in penetration of Internet among users of consumer electronic devices leads to paperless operations across application sectors, such as enterprise and education. This is expected to aid in the rise of adoption of e-readers, thereby driving the e-paper display market growth.
The e-paper display market is segmented on the basis of product, application, and geography. The products segment is classified into auxiliary displays, e-readers, electronic shelf labels, and others. The application segment includes consumer & wearable electronics, institutional, media & entertainment, retail, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in the report include Liquavista B.V. (Amazon), Cambrios Technologies Corporation, CLEARink Displays, Inc., E Ink Corporation, Guangzhou OED Technology Inc., GDS Holding S.r.l., Plastic Logic, LG Electronics Inc., Pervasive Displays Inc., and Samsung Electronics Co. Ltd.
KEY BENEFITS FOR STAKEHOLDERS
- This study comprises analytical depiction of the global e-paper display market size along with the current trends and future estimations to depict the imminent investment pockets.
- The overall e-paper display market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The e-paper display market forecast is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
- The report includes the e-paper display market share of key vendors and market trends.
Key Market Segments
By Product
- Others
- Auxiliary Display
- Electronic Shelf Labels
- E-Readers
By Application
- Consumer and Wearable Electronics
- Institutional
- Media and Entertainment
- Retail
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- U.K.
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Liquavista B.V. (Amazon)
- Samsung Electronics Co. Ltd.
- Cambrios Technologies Corporation
- CLEARink Displays, Inc.
- E Ink Corporation
- Guangzhou OED Technology Inc.
- GDS Holding S.r.l.
- Plastic Logic
- LG Electronics Inc.
- Pervasive Displays Inc.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: E-PAPER DISPLAY MARKET, BY PRODUCT
CHAPTER 5: E-PAPER DISPLAY MARKET, BY APPLICATION
CHAPTER 6: E-PAPER DISPLAY MARKET, BY REGION
CHAPTER 7: COMPANY LANDSCAPE
CHAPTER 8: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Executive Summary
According to this report titled, 'E-Paper Display Market,' the e-paper display market size was valued at $1.6 billion in 2020, and is estimated to reach $9.5 billion by 2030, growing at a CAGR of 17.3% from 2021 to 2030.The major factors that boost the global e-paper display market growth include, the ongoing technological advances in e-paper screen, emerging applications areas, positive environmental impact, and the advantages provided by e-paper display over other display technologies. In addition, the lower cost involved in manufacturing of large e-paper display and the efforts towards integration of e-paper with flexible electronics are anticipated to supplement the market growth. However, the low refresh rate of electronic paper display and the absence of multiple colors limit the market growth.
The e-paper display market analysis is provided on the basis of product, application, and geography. The products segment is classified into auxiliary displays, e-readers, electronic shelf labels, and others. The application segment includes, consumer & wearable electronics, institutional, media & entertainment, retail, and others. Region-wise, the e-paper display market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The e-readers segment accounted for the major market share in 2020, and is expected to maintain similar trend during the forecast period. This is attributed to the wide adoption of e-readers in established as well as developing economies, owing to the growth of web-based learning and digitnic shelf labels, followed by others products category, which includes smartcards, cabinet lock readers, and information signage held the second and third largest marketal reading habits. Electro share respectively in 2020.
Geographically, North America accounted for the majority share in the e-paper display industry in 2020, with anticipation to reach $2.6 billion by 2030, maintaining lead during the forecast period. High rate of adoption and higher disposable income of North American population are some of the factors that are expected to enable the region to dominate the e-paper display market during the forecast period. Asia-Pacific followed by LAMEA are expected to grow at relatively higher CAGRs, owing to the presence of ample growth opportunities in terms of technology adoption and possible investment prospects in these regions.
COVID-19 Impact Analysis
The arrival of COVID-19 significantly affected the electronic and semiconductor sector. Businesses and manufacturing units across various countries were closed, owing to increase in number of COVID-19 cases and were estimated to remain closed in 2021. Furthermore, partial or complete lockdown disrupted the global supply chain, posing challenges for manufactures to reach customers. The overall production process is being adversely affected, but owing to surge in demand from consumer sectors, the global e-paper display market is expected to witness significant growth during the forecast period.
Key Findings of Study
- In 2020, the e-readers segment generated the highest revenue, accounting for over 50% of the global e-paper display market share.
- The auxiliary displays segment is expected to grow at the highest CAGR of 21.2% from 2021 to 2030.
- North America held the majority of market share in 2020 and Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
Companies Mentioned
- Liquavista B.V. (Amazon)
- Samsung Electronics Co. Ltd.
- Cambrios Technologies Corporation
- CLEARink Displays, Inc.
- E Ink Corporation
- Guangzhou OED Technology Inc.
- GDS Holding S.r.l.
- Plastic Logic
- LG Electronics Inc.
- Pervasive Displays Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 199 |
| Published | March 2022 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD | $ 1.93 billion |
| Forecasted Market Value ( USD | $ 9.5 billion |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
