Screenless Display Market is Estimated to Grow by 32% of CAGR by 2023
Market Research Future published a half cooked research report on Screenless Display Market. Screenless Display Market is Estimated to Grow by 32% of CAGR by 2023
Pune, India – August 30, 2017 /MarketersMedia/ —
Screenless Display Market, By Type (Visual Image, Retinal Display, Synaptic Interface), By Application (Holographic Projections, Head Mounted Display, Head-up Display) and By Vertical (Automotive, Healthcare, Commercial) – Forecast 2023
Market Highlights
In this rapidly changing world of technology, screenless display market is projected to show major growth prospects during the forecast period. Major factor driving the screenless display market is the increasing adoption of interactive displays in order to enhance customer service experience. Changing consumer preferences is another major factor responsible for driving the growth of screenless display market.
The global screenless display market, by geography, has been segmented into North America, Europe, Asia Pacific and Rest of the World. As compared to other regions, the screenless display market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of screenless display market. This is owing to the presence of large number of established key players like Google and Microsoft Corporation in that region. In addition to this, the region also has a well-established infrastructure which allows easy deployment of advanced technologies. This is expected to be a major factor for the growth of screenless display market. Growing adoption of technological advancements in consumer electronics sector is another major factor driving the growth of screenless display market in the region.
The screenless display market is growing rapidly over 32% of CAGR and is expected to reach at approx. USD 1,654 Million by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Screenless Display Market Research Report-Forecast to 2023”.
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Screenless Display Market Segmentation
The screenless display market has been segmented on the basis of type, application and vertical. The type segment is further bifurcated into visual image, retinal display and synaptic interface. The synaptic interface is a screenless video interface which makes no use of light. It transmits the information directly to the brain bypassing the eyeballs. Consumer electronics segment is expected to have more number of applications of screenless displays owing to the rapid adoption of emerging technologies.
Tablets, televisions, smartphones and laptops are expected to be the highest revenue generators for the screenless display market.
The prominent players in the screenless display market are – Avegant Corporation (U.S.), Google, Inc. (U.S.), Displair, Inc. (Russia), Zebra Imaging, Inc. (U.S.), Microsoft Corporation (U.S.), Holoxica Ltd. (U.K.), RealView Imaging Ltd. (Israel), Leia Inc. (U.S.), Microvision Inc. (U.S.) and Kapsys (France) among others.
Market Research Analysis:
The regional analysis of screenless display market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in screenless display market in North America is attributed to technological advancements and increasing use of mobile devices, tablets and smartphones in that region.
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Market Scenario:
Avegant Corporation is one major player in the screenless display market. Avegant has launched Glyph, a videos set, which is capable of putting a personal video theater around the eyes by making use of tiny DLP projectors. Avegant is currently in the process of upgrading their Glyph prototype into consumer version and is also set to launch its Beta version. Other companies like Displair, Inc. have launched air touch system which projects laser beams into humid air molecules. Increasing adoption of smartphones with advanced displays is one major factor fueling the growth of screenless display market.
North America region holds the largest market share of global Screenless display market followed by Europe and Asia Pacific regions. The growth is North America region is mainly dominated by U.S. and Canada and is attributed to the increasing demand for mobile devices and portable consumer electronics in the region. The region also has a well-established infrastructure which allows easy implementation of advanced technologies.
Screenless display market has been segmented on the basis of type, application and vertical. The type segment is further bifurcated into visual image, retinal display and synaptic interface. The retinal display segment works by projecting the images directly into the retina of the eye. There is no reflection of light unlike other system. This is one distinguishing factor about the retinal display. Owing to this, the user can view the image floating in the space in front of him. Also, the high definition resolution makes it capable enough to use in the day light too.
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Segments:
Screenless display market can be segmented on the basis of following:
By Type
• Visual Image
• Retinal Display
• Synaptic Interface
By Application
• Holographic Projections
• Head-Mounted Display
• Head-Up Display
By Vertical
• Aerospace & Defense
• Automotive
• Healthcare
• Consumer Electronics
• Commercial
Regional Analysis:
The regional analysis of screenless display market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in screenless display market in North America is attributed to technological advancements and increasing use of mobile devices, tablets and smartphones in that region.
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