According to the latest report by IMARC Group, titled "E-Paper Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global e-paper display market size reached US$ 2.3 Billion in 2022. E-paper display or bistable display offers the retention of the content on the screen even when the power is turned off. It possesses advanced features, such as low power consumption, readability in direct light, durability, flexibility, lightweight, and convenient composition. It resembles paper, consumes extremely minimal power, and has a thin light form. It differs from a conventional display as it does not employ backlighting to brighten pixels. As a result, it finds extensive applications in the retail, healthcare, media and entertainment and packaging sectors.
Global E-Paper Display Market Trends:
The global market is majorly driven by the increasing demand for energy-efficient electronics, such as smartphones, tablets, and electronic wearables. In line with this, the rising number of e-readers and the launch of easy-to-use display devices are significantly contributing to the market growth. Furthermore, the growing environmental concerns among the masses are leading to the replacement of paper with an e-paper display. Apart from this, the escalating access to free e-books on the internet and the shifting preference among users from traditional books toward electronic reading devices are catalyzing the market expansion. Additionally, rapid technological advancements have resulted in the advent of highly sensitive multi-touch capacitive screens, thus providing a boost to the market. On account of the factors above, the market is anticipated to reach a value of US$
5.6 Billion by 2028, exhibiting a CAGR of
15.2% during 2023-2028.
- On the basis of product, the market has been segmented into Auxiliary Displays, Electronic Shelf Labels, E-Readers, and others.
- Based on application, the market has been categorized into Consumer Electronics, Healthcare, Institutional, Media & Entertainment, Transportation, and others.
- On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and the Middle East and Africa.
- The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market. Some of the key players include Adafruit Industries LLC, CLEARink Displays Inc., E Ink Holdings Inc., Hanvon Technology Co. Ltd., LANCOM Systems GmbH (Rohde & Schwarz GmbH & Co KG), Microtips Technology, Pervasive Displays Inc. (SES-imagotag), Plastic Logic (FlexEnable Limited), Toppan Inc. and Visionect.
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