E-Paper Display (EPD) Market, Share, Growth, and Industry Analysis, By Type (7 Inch, 10 Inch, and Other), By Application (Household, Commercial, Office, and Other) and Regional Forecast to 2032

Updated On: 04 November 2024

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E-PAPER DISPLAY (EPD) MARKET REPORT OVERVIEW

The E-Paper Display (EPD) Market Size was Valued at US$ US$ 735.1 Million in 2023. The Market is likely to Surpass US$ 1713.52 Million by 2032 at a CAGR of 8.84% During the Forecast period [2024-2032].

It provide the user with a lot of features that make this particular product service work efficiently and effectively. A surface with an electrical charge that mimics the appearance of ink on paper is called an electronic paper display. Applications such as electronic newspapers, folding displays, e-books, and portable signs frequently make use of the electronic paper display, also known as the electronic ink display (e-ink) or electrophoretic display. This factor has augmented the e-paper display (EPD) market growth.

The anticipated rate of growth for this particular product service is due to quality level of assurance. Prosperity has been observed for this particular product market with amusing numbers. Market participants will have lucrative prospects throughout the projected period as smart city development progresses. The industry will grow even more with the introduction of bespoke e-paper display devices. This has ultimately outraged the sales and demand for this particular market growth and prosperity.

COVID-19 Impact: Market Growth Obstructed by Pandemic due to Lockdown

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

This has affected the overall supply and demand chains of the particular market. As a result of the government's lockdown and other steps to stop the coronavirus from spreading, all supply activities were postponed, which decreased the amount of product related to semiconductor and electronics industry. Therefore, a small influence from COVID-19 is anticipated on the e-paper display (EPD) market share.

LATEST TRENDS

"Increase in Applications Areas to Drive Market Growth"

A latest trend has been witnessed to proliferate the market growth. A second factor influencing the market is the expansion of applications for big e-paper displays brought about by the benefits these paper displays offer in terms of readability, energy efficiency, manufacturing costs, and user experience. Positive factors influencing the electronic paper (e-paper) display industry include fast urbanization, changing lifestyles, sharp increases in investments, and rising consumer spending. A lot of specifications have been made to this particular product which has benefited the market growth. This specific trend has influenced the market growth so much so that the revenue and share numbers of this particular product is touching the skies and soaring over.

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E-PAPER DISPLAY (EPD) MARKET SEGMENTATION

By Type

Based on type the global market can be categorized into 7 Inch, 10 Inch, and Other amongst which the leading segment is the 7 Inch.

• 7 Inch: It is nothing but a type of epd with the 7 Inch.

• 10 Inch: It is basically a type that of epd with the 10 Inch.

By Application

Based on application the global market can be categorized into Household, Commercial, Office, and Other amongst which the leading segment is the Household.

• Household: It is just an application where it is used by

• Commercial: It is nothing but an application where it is used by Commercial.

• Office: It is just an application where it is used by

DRIVING FACTORS

"Smartphones to Boost the Market"

This is the major factor attributing the growth of this particular market. The market for electronic paper (or ""e-paper"") displays is expanding due in large part to the spread of smartphones and tablets. Technological developments are driving a dramatic change in the industry from sluggish, heavy, and imprecise resistive mono touch screens to highly sensitive multi-touch capacitive screens. These factors are anticipated to drive the market growth during the forecast period.

"Electronic Readers to Expand the Market"

This is the second major factor attributing the growth of this particular market and has resulted in the hike of revenue numbers so much so that they are touching the skies. Clients benefit from it. Growth in the market is accelerated by the increase in electronic readers and the growing need for information accessible when on the go. The market is expanding because of the creation of user-friendly display devices. These factors are anticipated to drive the market growth in the present times and also during the forecast period.

RESTRAINING FACTOR

"Video Capability to Impede Market Growth"

These particular solutions have been very helpful yet extremely costly as well. It is anticipated that the market's expansion will be hindered by limited video capability and color richness. The market for electronic paper (e-paper) displays is also anticipated to face challenges over the forecast period from low refresh rates and lack of awareness. This particular factor is anticipated to restrain the market growth and drastically reduce the sales and demands of this particular product market.

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E-PAPER DISPLAY (EPD) MARKET REGIONAL INSIGHTS

The market is primarily segmented into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"North America Dominating the Market due to Advanced Technology"

North America is expected to be the leading region of this particular product market and is anticipated to to grow over the forecasted period. The market for EPDs is driven by factors like the growing popularity of smart devices, the need for energy-efficient display solutions, and the need to address issues related to wearables, retail, e-readers, and signage. North America accounts for a sizeable portion of the global EPD market.

KEY INDUSTRY PLAYERS

"Leading Players adopt Acquisition Strategies to Stay Competitive"

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

LIST OF MARKET PLAYERS PROFILED

• Delta Electronics (Taiwan)
• NEC LCD Technologies (Japan)
• PERVASIVE DISPLAYS(Taiwan)
• Pricer (Sweden)
• Amazon (U.S.)

INDUSTRIAL DEVELOPMENT

March 2020: This particular company has attributed the market growth in terms of revenue and shares system. Sharp Corporation, a top worldwide player in the digital signage space, and E Ink Holdings Inc., the inventor, trailblazer, and one of the world's commercial leaders in ePaper technology, announced a collaboration to commercialize ePaper posters utilizing E Ink's technology. This development has proved that the company will continue to proliferate this particular product market growth.

REPORT COVERAGE

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.