The Business Research Company’s report on the Screenless Display Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the screenless display market’s growth in recent years?
The rising smartphone and consumer electronics penetration is expected to propel the growth of the screenless display market going forward. Smartphones and consumer electronics encompass portable and household devices enabling communication, entertainment, and everyday convenience. Rising smartphone and consumer electronics penetration due to factors such as increasing internet connectivity, growing digitalization, remote work, and e-learning growth. The increasing adoption of smartphones and consumer electronics drives the growth of screenless displays by incorporating voice assistants and artificial intelligence (AI)-powered interfaces. As users shift towards hands-free interactions, the demand for screenless technology continues to rise. For instance, in February 2024, according to Uswitch Limited, a UK-based financial conduct authority, at the beginning of 2022, the UK recorded 71.8 million mobile connections, exceeding the total population by 4.2 million. This represents a 3.8% increase from 2021. Looking ahead to 2025, the UK population is projected to reach 68.3 million, with approximately 95% (around 65 million individuals) expected to be smartphone users. Therefore, the rising smartphone and consumer electronics penetration is driving the growth of the screenless display market.
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How does the future projection of the screenless display market size compare to its historical growth?
The screenless display market size has grown exponentially in recent years. It will grow from $4.91 billion in 2024 to $6.31 billion in 2025 at a compound annual growth rate (CAGR) of 28.6%. The growth in the historic period can be attributed to the growing adoption of screenless display technologies, rising disposable income, a growing focus on smart cities, rising demand for innovative display solutions, and rising R&D expenditures.
The screenless display market size is expected to see exponential growth in the next few years. It will grow to $17.15 billion in 2029 at a compound annual growth rate (CAGR) of 28.4%. The growth in the forecast period can be attributed to growing consumer preference for portable and wearable devices, rising demand for miniaturized solutions, rising consumer preferences for luxury and premium cars, growing need for immersive user experiences, and growing emphasis on sustainable technology. Major trends in the forecast period include advancements in holography, development in direct retinal projection technology, advances in AI-powered gesture recognition, emerging BCI technologies, augmented reality (AR), and virtual reality (VR) projections.
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Which key players are shaping the future of the screenless display market?
Major companies operating in the screenless display market are Samsung Electronics Co. Ltd., Microsoft Corporation, Sony Group Corporation, Panasonic Corporation, Intel Corporation, BAE Systems Inc., NVIDIA Corporation, LG Display Co. Ltd., Synaptics Incorporated, Magic Leap Inc., Eon Reality Inc., Leia Inc., Vuzix Corporation, QD Laser Inc., Avegant Corporation, Seereal Technologies S.A, Holoxica Ltd., Ceres Holographics Ltd., RealView Imaging Ltd., MicroVision Inc.
What trends will propel the growth and evolution of the screenless display market?
Major companies operating in the screenless display market are focusing on developing advanced technology, such as miniaturized light-emitting diode (LED) light engines, to enhance display efficiency. A miniaturized LED light engine is a compact optical module that generates high-quality light for displays, enabling lightweight and small-form-factor devices such as augmented reality (AR) and virtual reality (VR) headsets. For instance, in May 2023, Dispelix Oy, a Finland-based developer of see-through waveguides for extended reality (XR), partnered with Avegant Corporation, a US-based company specializing in miniaturized LED light engines, to launch an augmented reality (AR) reference display module. This module features the Dispelix Selvä, a thin, lightweight, and bright LED waveguide combiner that delivers high visual quality while resembling the form factor of regular glasses. It is paired with the Avegant AG-30L2 light engine, a compact LED light engine that is significantly smaller than previous models. Together, these components enable the creation of true glasses-like AR products. The combination of a compact design and high-performance features sets a new standard for visual excellence and user comfort in everyday wearable augmented reality glasses.
Which regions are expected to become dominant players in the screenless display market?
North America was the largest region in the screenless display market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the screenless display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the screenless display market, and how are they evolving?
The screenless display market covered in this report is segmented –
1) By Type: Visual Image, Retinal Display, Synaptic Interface
2) By Display Size: Small Screenless Displays, Medium Screenless Displays, Large Screenless Displays
3) By Application: Holographic Projection, Head-Mounted Display, Head-Up Display, Other Applications
4) By End-Use: Consumer Electronics, Aerospace And Defense, Healthcare, Automotive, Other End-Uses
Subsegments:
1) By Visual Image: Laser-Based Visual Image Displays, LED-Based Visual Image Displays, Projection-Based Visual Image Displays
2) By Retinal Display: Direct Retinal Projection Displays, Scanning Laser Retinal Displays
3) By Synaptic Interface: Brain-Computer Interface (BCI), Neuromodulation-Based Synaptic Displays, Electromyographic (EMG) Interface Displays
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How is the screenless display market defined, and what are its core characteristics?
A screenless display is an innovative technology that visualizes digital content without a physical screen, projecting images onto surfaces, the retina, or into the air. It enhances user experience by enabling immersive, portable, and hands-free interaction while also reducing eye strain and improving accessibility for visually impaired users.
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