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.
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.
Browse full research report on Screenless Display Market: https://www.grandviewresearch.com/industry-analysis/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.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/screenless-display-market/request/rs1
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
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, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
No comments:
Post a Comment