Overview and Scope
Transparent display refers to the display in which the emissive layer receives light from electrical impulses that pass through the conductive layer. It is used to transmit dynamic or interactive material through a transparent surface that allows viewers to see what is displayed on the screen while still being able to see through the display.
Sizing and Forecast
The transparent display market size has grown exponentially in recent years. It will grow from <b>$2.59 billion in 2023 to $3.84 billion in 2024 at a compound annual growth rate (CAGR) of 48.6%. </b> The growth in the historic period can be attributed to emerging display technologies, retail and advertising applications, automotive hud adoption, glass innovation, military and aerospace applications.
The transparent display market size is expected to see exponential growth in the next few years. It will grow to <b>$18.04 billion in 2028 at a compound annual growth rate (CAGR) of 47.2%. </b> The growth in the forecast period can be attributed to augmented reality (ar) growth, smart glass adoption, medical visualization, retail and hospitality expansion, consumer electronics integration. Major trends in the forecast period include foldable and rollable displays, automotive heads-up displays (huds),transparent oled advancements, augmented reality (ar) glasses, retail and exhibition holography.
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Segmentation & Regional Insights
The transparent display market covered in this report is segmented –
1) By Display Size: Small And Medium, Large
2) By Resolution: Ultra HD, Full HD, HD, Other Resolutions
3) By Technology: LCD, OLED, Other Technologies
4) By Product: HMD, HUD, Digital Signage, Smart Appliance
5) By Vertical: Consumer, Retail And Hospitality, Sports And Entertainment, Aerospace And Defense, Healthcare, Automotive And Transportation, Industrial, Other Verticals
<b>Asia-Pacific</b> was the largest region in the transparent display market in 2023. The regions covered in the transparent display market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing demand from end-use industries propels the growth of the transparent display market. The transparent display refers to the display in which the emissive layer receives light from electrical impulses that pass through the conductive layer. According to LG Display, a South-Korea based manufacturer and supplier of thin-film transistor liquid crystal display panels, OLEDs, and flexible displays, the demand for their transparent OLED technology is rising across a range of markets, including smart buildings, smart homes, and transportation. The 2021 quarterly report published by LG Display shows quarterly revenue for a TV segment, which comprises transparent OLED display panels, increased to $ 1,631 million at the end of Q1 of 2021, from $ 1,126 million at the end of Q1 of 2020. Therefore, the increasing demand from end-use industries is driving the growth of the transparent display market.
Key Industry Players
Major companies operating in the transparent display market include <b> Planar Systems Inc., Samsung Display Co Ltd, Pro Display Ltd., Crystal Display Systems LTD, LG Corp., Panasonic Holdings Corporation, Apple Inc., Kent Optronics, Innolux Corporation, AU Optronics, Avegant Corporation, Microvision Inc., Human Interface Technology Laboratory, QD Vision Inc., Universal Display Corporation, Google Inc., Sony Corporation, Pioneer Corporation, NEC Display Solutions, Japan Display Inc., Sharp NEC Display Solutions, TDK Corporation, MMT GmbH & Co. KG, Nexnovo Technology Co. Ltd., 2point0 Concepts Private Limited, Optinvent SA, Pilot Screentime GmbH, Shenzhen Nexnovo Technology Co. Ltd., Blickfeld GmbH, Space Micro Inc. </b>
The transparent display market report table of contents includes:
1. Executive Summary
2.Transparent Display Market Characteristics
3. Transparent Display Market Trends And Strategies
4.Transparent Display market analysis
5. Transparent Display Market Size And Growth
6. Transparent Display Segmentation
7.Transparent Display Regional And Country Analysis
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27. Transparent Display Competitive Landscape And Company Profiles
28.Transparent Display Key Mergers And Acquisitions
29.Transparent Display Future Outlook and Potential Analysis
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