Global Wearable Display Market 2019 Report Presents an Overall Analysis, Development Trends, Driving Forces, Opportunities & Future Potential 2023
The “Wearable Display Market” 2019 is splits into the presence of numerous worldwide and domestic vendors. The level of competition among the players in this marketspace is concentrate especially in terms of value, quality, regulatory acquiescence, and innovation.
To reach a competitive advantage over the other players, the vendors are focusing on Research and Development activities. Furthermore, they are also adopting competitive strategies such as product portfolio expansions and cost reduction to establish their market presence.
Wearable Display market is giving the major share of 28.77% in 2018 and projected to grow at compound annual growth rate (CAGR) of more than over 31% during forecast period 2019-2023.
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About this market
Our wearable display market analysis considers sales from OLED, TFT LCD, MicroLED displays. Our analysis also considers the sales of wearable display in APAC, the Americas and EMEA. In 2018, the OLED segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as high resolution and wide viewing angle of OLED displays will play a significant role in the OLED segment to maintain its market position. Also, our global wearable display market report looks at factors such as increasing investment in microLED displays for smartwatches, growing popularity of wearable devices in fleet management, and the increasing number of partnerships among market participants. However, manufacturing challenges, adverse macroeconomic conditions, and unappealing designs may hamper the growth of the wearable display industry over the forecast period.
the report comprises of various company profiles of fundamental market players of Wearable Display market with thorough market segment in terms of different countries, this report divides the market into a few key countries, with sales (consumption), revenue, market share, and growth rate of the market in these countries over the forecast period 2023.
- AU Optronics Corp.
- BOE Technology Group Co. Ltd.
- LG Electronics Inc.
- Ritdisplay Corp.
- and Samsung Electronics Co. Ltd.
Regions of Wearable Display market
- the Americas
- and EMEA
Dynamics of Wearable Display Market
Market Driver: growing popularity of wearable devices in fleet management
Market Trend: increasing adoption of AR and VR devices
Market Challenge: unappealing designs.
The growing popularity of wearable devices in fleet management
The use cases of wearable devices are growing significantly in applications such as health monitoring, supply chain management, and fleet management. Fleet management is one of the emerging applications of the wearable devices and is defined as the management of an enterprise’s vehicles such as trucks and vans. These devices are designed to ensure the safety, health, and performance of drivers. Smartwatch fleet management application enables drivers to understand their health condition via a notification signaling a rest. This popularity of wearable devices in fleet management lead to the expansion of the global wearable display market at a CAGR of over 31% during the forecast period.
Increasing adoption of AR and VR devices
Display technology plays a very crucial role in AR/VR HMDs and offering a 360-degree cinematic AR/VR experience while playing games. The use of AR/VR HMDs is increasing in various gaming and entertainment applications because of its ability to enhance the user experience by diminishing the line between reality and computer-generated graphics and creating an immersive computer-generated environment. Therefore, leading the display manufacturers to invest in display technologies for the development of cost-effective, high resolution displays for AR/VR HMDs. This adoption of AR and VR devices is expected to have a positive impact on the overall market growth.
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TOC of Wearable Display Market Report
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
OLED display - Market size and forecast 2018-2023
TFT LCD - Market size and forecast 2018-2023
MicroLED display - Market size and forecast 2018-2023
Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
APAC - Market size and forecast 2018-2023
Americas - Market size and forecast 2018-2023
EMEA - Market size and forecast 2018-2023
Key leading countries
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
Increasing adoption of AR and VR devices
Rising investments in wearable displays by market
Growing investment in flexible OLED displays
PART 11: VENDOR LANDSCAPE
PART 12: VENDOR ANALYSIS
No. of Pages: - 125
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