future of lcd displays in stock
The outbreak of COVID-19 has severely impacted the overall supply chain of the LCD Monitor Arm market. The halt in production and end use sector operations have affected the LCD Monitor Arm market. The pandemic has affected the overall growth of the industry In 2020 and at the start of 2021, Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in disruptions in import and export activities of LCD Monitor Arm.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, LCD Monitor Arm, which accounted for % of the global market of LCD Monitor Arm in 2021
The report covers the major players operating in the LCD Monitor Arm market. In terms of market share, the companies in the global LCD Monitor Arm market do not have a considerable amount of market share, as the market is highly competitive and fragmented.
The Global LCD Monitor Arm Market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2028. In 2020, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
This report focuses on global and United States LCD Monitor Arm market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global LCD Monitor Arm market size is estimated to be worth USD million in 2022 and is forecast to a readjusted size of USD million by 2028 with a Impressive CAGR during the review period. Fully considering the economic change by this health crisis, by Type, LCD Monitor Arm accounting for % of the LCD Monitor Arm global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, LCD Monitor Arm was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
LCD Monitor Arm is a device used to attach to a computer screen or TV. It is easily adjustable which means it requires minimum effort but can achieve maximum precision. From the structure of LCD Monitor Arms, it can be classified into three kinds, they Single Arm, Double Arm and Muti-Arm. From the material, it can be divided as Carbon steel LCD Arms and Aluminum LCD Arms.
In terms of product, Keyhole is the largest segment, with a share over 40%. And in terms of application, the largest application is Consumer Electronics, followed by Medical Equipment, Financial, etc.
In 2020, the global LCD Monitor Arm market size was USD 1188 million and it is expected to reach USD 1317.6 million by the end of 2027, with a CAGR of 1.5% between 2021 and 2027
The global LCD Monitor Arm market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global LCD Monitor Arm market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
The global LCD Monitor Arm market is projected to reach USD million by 2028 from an estimated USD million in 2022, at a magnificent CAGR during 2023 and 2028.
This report aims to provide a comprehensive presentation of the global market for LCD Monitor Arm, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LCD Monitor Arm.
The LCD Monitor Arm market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue (USD millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global LCD Monitor Arm market comprehensively. Regional market sizes, concerning products by types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the LCD Monitor Arm manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, product type, application, and regions.
In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.
LCD Monitor Arm Market 2022 is segmented as per type of product and application. Each segment is carefully analyzed for exploring its market potential. All of the segments are studied in detail on the basis of market size, CAGR, market share, consumption, revenue and other vital factors.
This LCD Monitor Arm Market Research/Analysis Report Contains Answers to your following QuestionsWhat are the global trends in the LCD Monitor Arm market? Would the market witness an increase or decline in the demand in the coming years?
What is the estimated demand for different types of products in LCD Monitor Arm? What are the upcoming industry applications and trends for LCD Monitor Arm market?
What Are Projections of Global LCD Monitor Arm Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
How big is the opportunity for the LCD Monitor Arm market? How will the increasing adoption of LCD Monitor Arm for mining impact the growth rate of the overall market?
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Since no backlight is used, the display requires very little energy in order to operate. This means: a lot of money can be saved over time. Think about the costs of a drive thru menu that stays running all year for sixteen whole hours a day. Those costs add up. Can you imagine spending $20k a year – just to power your display? That would cut your profits in a very noticeable way. So, I bet you’d be pretty pleased to find such a low-energy alternative.
Reflective displays really are a unique thing. You don’t have to hide them from the sun. You don’t have to shield your screen with your hand in order to eliminate glare. You don’t have to tilt it at funny angles that cause your neck to throb in pain, just so that you can read what’s on the screen. Funny, because those are our natural reactions whenever LCD and sunlight combine. Not with a reflective display though.
You could almost compare a reflective display to a piece of paper in the way that it becomes more visible when light is shining directly on it. It’s really bizarre to see, and you almost have to witness it in order to wrap your head around it, because it’s totally unlike what you’re used to.
I’ve been in the display industry for the past 17 years, and I never cease to be amazed by the ability of LCD to reinvent itself. Time and again, as alternative display technologies emerge, questions arise about LCD’s future, prompting new developments that defy expectations and demonstrate its versatility.
Over the last 20 years, LCD displays have become thinner and lighter, and have expanded to larger sizes, as well as offering huge increases in screen performance, including resolution, colour, contrast, brightness and refresh rate. The next evolution is set to bring these developments to more products than ever before – the future lies with flexible displays.
Our organic LCD (OLCD) technology makes use of carbon-based, rather than silicon, transistors, allowing us to sidestep the limitations of flat screens and embrace curved surfaces. This novel feature will bring many benefits to both existing and future products, and there are three key areas where our technology stands to make a significant positive impact. The most obvious application for flexible OLCD is as a replacement for glass LCD screens in products – such as tablets, laptops and TVs – that will benefit from thinner, lighter or unbreakable displays. There’s also the potential to make borderless screens without the bezel or border around their edge, which enlarges the usable screen space, as well as simply being more aesthetically pleasing.
Finally, there is the limitless possibility of adding displays to everyday objects or surfaces that can’t make effective use of glass displays. This will introduce new, previously unattainable, functionality into our homes, offices and cars. One particular application that is gaining traction is using OLCD displays on the inside of the A-pillar in your car. Combined with an external camera, you can make the pillar ‘invisible’, increasing visibility and improving safety.
OLCD is set to transform the world around us. Thanks to the existing, low-cost manufacturing supply chain for LCDs, it’s a small step for designers to begin developing the next generation of products that take advantage of the flexibility afforded by this innovative technology.
New York, US, Sept. 22, 2022 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), “Smartphone Display Market Research Report - By Type, Display Technology, Size, resolution - Forecast till 2030”, poised to reach USD 123.7 BN by 2030, growing at an 8.30% CAGR during the forecasted period (2022-2030).
The global smartphone display market is witnessing rapid revenue growth. The market rises attributes to technological advances in displays and smartphones. Besides, substantial R&D investments made into the development of displays and connectivity solutions drive the growth of the market. The increasing adoption of advanced display technologies, such as OLED and AMOLED in Smartphones, boosts the market size.
As technologies mature, they influence market trends and market opportunities. Additionally, the increasing use of HD interfaces in smartphones influences market revenue. Furthermore, the increasing trend of live streaming and OTT content positively impact the market growth. OLED technology is rapidly replacing existing LED and LCD technologies from various smartphone brands.
Conversely, the high cost of OLED and AMOLED displays is a major factor impeding the market growth. Nevertheless, the augmenting demand for high image quality and better image resolution would support the market growth throughout the assessment period. The display quality is measured by contrast ratio, color calibration, brightness, and sunlight legibility.
There are many types of displays available in the market today. These include LCD (Liquid Crystal Display), IPS-LCD (In-Plane Switching Liquid Crystal Display), OLED (Organic Light-Emitting Diode), AMOLED (Active-Matrix Organic Light-Emitting Diode), and others. The screen combined with the touch element is a major element of the user interface. LCDs consist of a matrix of Liquid Crystals and can be very visible in direct sunlight.
IPS-LCDs have become a common display type for mid-range to high-end phones, providing a superior viewing angle and better color reproduction. OLEDs & AMOLEDs emit light, which eliminates the need for the backlight and, therefore, can allow a potentially thinner panel. The main benefit of OLED and AMOLED displays is that they can produce their own light, eliminating the need for a backlight and cutting down on energy requirements.
AMOLED technology is far superior to LED and LCD technology and has low power consumption. The increasing adoption of these displays across the smartphone industry boosts the market size. Additionally, the growing demand for energy-efficient displays for smartphones and other electronic devices escalates the market on the global level.
The smartphone display market is segmented into types, display technologies, sizes, resolutions, and regions. The type segment is sub-segmented into capacitive, resistive display screens, and others. The display technology segment is sub-segmented into TFT-LCD, IPS-LCD, OLED, AMOLED, and others.
The size segment is sub-segmented into 0–4 inches, 4–5 inches, 5–6 inches, and above 6 inches. The resolution segment is sub-segmented into 720 x 1280, 1920 x 1080, and others. The region segment is sub-segmented into Americas, Europe, APAC, and Rest-of-the-World.
The Asia Pacific dominates the global smartphone display market. The region has long been attracting foreign investors with its raw material advantage and the availability of cost-competitive workforces, impacting its market share. Besides, increasing numbers of smartphone users and vast smartphone industries in the region boost the market size. With the presence of a large number of smartphone industries, China, Japan, and India hold sizable shares in the regional market.
North America gains the second spot globally in terms of smartphone display market revenues. The market is primarily driven by vast advances in display technologies and the proliferation of smartphones in the region. Moreover, the strong presence of notable industry players, such as Apple Inc. and Google, pushes the regional market growth. Augmented demand and availability of quality smartphone displays in the region drive the growth of the market.
Europe is another promising market for smartphone displays. The smartphone display market in this region is witnessing a rapid expansion stage. Factors such as the growing adoption of smartphone display technologies, such as OLED and AMOLED, stimulate market growth in the region. The European smartphone display market is expected to witness fabulous growth during the review period.
The highly competitive smartphone display market witnesses the presence of several well-established players. These players focus on innovations and improvements in product, service, and product innovations. Players incorporate strategic initiatives such as collaboration, acquisition, partnership, product & technology launch, and expansion to gain a larger competitive share.
For instance, on Aug.27, 2022, Samsung, a leading smartphone brand, announced that it is developing a dual-screen phone featuring a transparent display on the back. The patent application for the new Samsung dual-screen phone was submitted in January 2022. The World Intellectual Property purportedly develops the dual-screen technology of this smartphone Organization (WIPO), a South Korean tech business.
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
In 1991, a business unit called Samsung Display was formed to produce the panels used in products made by its parent company, Samsung Electronics. Afterward, it was a leading supplier of LCD panels not just for Samsung Electronics but for other companies in the industry as well.
The business received a stay of execution when the pandemic led to a global surge in demand for consumer electronics, but that demand is now declining, and projections aren"t good for LCD panel revenue.
Add to that the fact that emerging technologies like QD-OLED are the future for TV and monitors, and the case for keeping Samsung Display"s LCD business going becomes a hard one to make.
It was previously reported that Samsung planned to sunset the business at the end of 2020, but The Korea Times claims that the faster-than-expected falloff in consumer demand accelerated the timeline.
Samsung Display will now focus heavily on OLED and quantum dot. Most of the employees working in the LCD business will move to quantum dot, the publication claims.
The Korea Times has accurately reported similar stories like this before, but it has also occasionally missed the mark, so keep an eye out for an official statement from Samsung.
Even if there isn"t a statement about a change in direction, the writing has been on the wall for Samsung"s LCD business. Unless something radical changes, it"s more a question of when than if at this point.
In recent years, China and other countries have invested heavily in the research and manufacturing capacity of display technology. Meanwhile, different display technology scenarios, ranging from traditional LCD (liquid crystal display) to rapidly expanding OLED (organic light-emitting diode) and emerging QLED (quantum-dot light-emitting diode), are competing for market dominance. Amidst the trivium strife, OLED, backed by technology leader Apple"s decision to use OLED for its iPhone X, seems to have a better position, yet QLED, despite still having technological obstacles to overcome, has displayed potential advantage in color quality, lower production costs and longer life.
Zhao: We all know display technologies are very important. Currently, there are OLED, QLED and traditional LCD technologies competing with each other. What are their differences and specific advantages? Shall we start from OLED?
Huang: OLED has developed very quickly in recent years. It is better to compare it with traditional LCD if we want to have a clear understanding of its characteristics. In terms of structure, LCD largely consists of three parts: backlight, TFT backplane and cell, or liquid section for display. Different from LCD, OLED lights directly with electricity. Thus, it does not need backlight, but it still needs the TFT backplane to control where to light. Because it is free from backlight, OLED has a thinner body, higher response time, higher color contrast and lower power consumption. Potentially, it may even have a cost advantage over LCD. The biggest breakthrough is its flexible display, which seems very hard to achieve for LCD.
Liao: Actually, there were/are many different types of display technologies, such as CRT (cathode ray tube), PDP (plasma display panel), LCD, LCOS (liquid crystals on silicon), laser display, LED (light-emitting diodes), SED (surface-conduction electron-emitter display), FED (filed emission display), OLED, QLED and Micro LED. From display technology lifespan point of view, Micro LED and QLED may be considered as in the introduction phase, OLED is in the growth phase, LCD for both computer and TV is in the maturity phase, but LCD for cellphone is in the decline phase, PDP and CRT are in the elimination phase. Now, LCD products are still dominating the display market while OLED is penetrating the market. As just mentioned by Dr Huang, OLED indeed has some advantages over LCD.
Huang: Despite the apparent technological advantages of OLED over LCD, it is not straightforward for OLED to replace LCD. For example, although both OLED and LCD use the TFT backplane, the OLED’s TFT is much more difficult to be made than that of the voltage-driven LCD because OLED is current-driven. Generally speaking, problems for mass production of display technology can be divided into three categories, namely scientific problems, engineering problems and production problems. The ways and cycles to solve these three kinds of problems are different.
At present, LCD has been relatively mature, while OLED is still in the early stage of industrial explosion. For OLED, there are still many urgent problems to be solved, especially production problems that need to be solved step by step in the process of mass production line. In addition, the capital threshold for both LCD and OLED are very high. Compared with the early development of LCD many years ago, the advancing pace of OLED has been quicker.While in the short term, OLED can hardly compete with LCD in large size screen, how about that people may change their use habit to give up large screen?
Liao: I want to supplement some data. According to the consulting firm HIS Markit, in 2018, the global market value for OLED products will be US$38.5 billion. But in 2020, it will reach US$67 billion, with an average compound annual growth rate of 46%. Another prediction estimates that OLED accounts for 33% of the display market sales, with the remaining 67% by LCD in 2018. But OLED’s market share could reach to 54% in 2020.
Huang: While different sources may have different prediction, the advantage of OLED over LCD in small and medium-sized display screen is clear. In small-sized screen, such as smart watch and smart phone, the penetration rate of OLED is roughly 20% to 30%, which represents certain competitiveness. For large size screen, such as TV, the advancement of OLED [against LCD] may need more time.
Xu: LCD was first proposed in 1968. During its development process, the technology has gradually overcome its own shortcomings and defeated other technologies. What are its remaining flaws? It is widely recognized that LCD is very hard to be made flexible. In addition, LCD does not emit light, so a back light is needed. The trend for display technologies is of course towards lighter and thinner (screen).
But currently, LCD is very mature and economic. It far surpasses OLED, and its picture quality and display contrast do not lag behind. Currently, LCD technology"s main target is head-mounted display (HMD), which means we must work on display resolution. In addition, OLED currently is only appropriate for medium and small-sized screens, but large screen has to rely on LCD. This is why the industry remains investing in the 10.5th generation production line (of LCD).
Xu: While deeply impacted by OLED’s super thin and flexible display, we also need to analyse the insufficiency of OLED. With lighting material being organic, its display life might be shorter. LCD can easily be used for 100 000 hours. The other defense effort by LCD is to develop flexible screen to counterattack the flexible display of OLED. But it is true that big worries exist in LCD industry.
LCD industry can also try other (counterattacking) strategies. We are advantageous in large-sized screen, but how about six or seven years later? While in the short term, OLED can hardly compete with LCD in large size screen, how about that people may change their use habit to give up large screen? People may not watch TV and only takes portable screens.
Some experts working at a market survey institute CCID (China Center for Information Industry Development) predicted that in five to six years, OLED will be very influential in small and medium-sized screen. Similarly, a top executive of BOE Technology said that after five to six years, OLED will counterweigh or even surpass LCD in smaller sizes, but to catch up with LCD, it may need 10 to 15 years.
Xu: Besides LCD, Micro LED (Micro Light-Emitting Diode Display) has evolved for many years, though people"s real attention to the display option was not aroused until May 2014 when Apple acquired US-based Micro LED developer LuxVue Technology. It is expected that Micro LED will be used on wearable digital devices to improve battery"s life and screen brightness.
Micro LED, also called mLED or μLED, is a new display technology. Using a so-called mass transfer technology, Micro LED displays consist of arrays of microscopic LEDs forming the individual pixel elements. It can offer better contrast, response times, very high resolution and energy efficiency. Compared with OLED, it has higher lightening efficiency and longer life span, but its flexible display is inferior to OLED. Compared with LCD, Micro LED has better contrast, response times and energy efficiency. It is widely considered appropriate for wearables, AR/VR, auto display and mini-projector.
However, Micro LED still has some technological bottlenecks in epitaxy, mass transfer, driving circuit, full colorization, and monitoring and repairing. It also has a very high manufacturing cost. In short term, it cannot compete traditional LCD. But as a new generation of display technology after LCD and OLED, Micro LED has received wide attentions and it should enjoy fast commercialization in the coming three to five years.
Peng: It comes to quantum dot. First, QLED TV on market today is a misleading concept. Quantum dots are a class of semiconductor nanocrystals, whose emission wavelength can be continuously tuned because of the so-called quantum confinement effect. Because they are inorganic crystals, quantum dots in display devices are very stable. Also, due to their single crystalline nature, emission color of quantum dots can be extremely pure, which dictates the color quality of display devices.
Interestingly, quantum dots as light-emitting materials are related to both OLED and LCD. The so-called QLED TVs on market are actually quantum-dot enhanced LCD TVs, which use quantum dots to replace the green and red phosphors in LCD’s backlight unit. By doing so, LCD displays greatly improve their color purity, picture quality and potentially energy consumption. The working mechanisms of quantum dots in these enhanced LCD displays is their photoluminescence.
For its relationship with OLED, quantum-dot light-emitting diode (QLED) can in certain sense be considered as electroluminescence devices by replacing the organic light-emitting materials in OLED. Though QLED and OLED have nearly identical structure, they also have noticeable differences. Similar to LCD with quantum-dot backlighting unit, color gamut of QLED is much wider than that of OLED and it is more stable than OLED.
Another big difference between OLED and QLED is their production technology. OLED relies on a high-precision technique called vacuum evaporation with high-resolution mask. QLED cannot be produced in this way because quantum dots as inorganic nanocrystals are very difficult to be vaporized. If QLED is commercially produced, it has to be printed and processed with solution-based technology. You can consider this as a weakness, since the printing electronics at present is far less precision than the vacuum-based technology. However, solution-based processing can also be considered as an advantage, because if the production problem is overcome, it costs much less than the vacuum-based technology applied for OLED. Without considering TFT, investment into an OLED production line often costs tens of billions of yuan but investment for QLED could be just 90–95% less.
Given the relatively low resolution of printing technology, QLED shall be difficult to reach a resolution greater than 300 PPI (pixels per inch) within a few years. Thus, QLED might not be applied for small-sized displays at present and its potential will be medium to large-sized displays.
Zhao: Quantum dots are inorganic nanocrystal, which means that they must be passivated with organic ligands for stability and function. How to solve this problem? Second, can commercial production of quantum dots reach an industrial scale?
Peng: Good questions. Ligand chemistry of quantum dots has developed quickly in the past two to three years. Colloidal stability of inorganic nanocrystals should be said of being solved. We reported in 2016 that one gram of quantum dots can be stably dispersed in one milliliter of organic solution, which is certainly sufficient for printing technology. For the second question, several companies have been able to mass produce quantum dots. At present, all these production volume is built for fabrication of the backlighting units for LCD. It is believed that all high-end TVs from Samsung in 2017 are all LCD TVs with quantum-dot backlighting units. In addition, Nanosys in the United States is also producing quantum dots for LCD TVs. NajingTech at Hangzhou, China demonstrate production capacity to support the Chinese TV makers. To my knowledge, NajingTech is establishing a production line for 10 million sets of color TVs with quantum-dot backlighting units annually.China"s current demands cannot be fully satisfied from the foreign companies. It is also necessary to fulfill the demands of domestic market. That is why China must develop its OLED production capability.
Huang: Based on my understanding of Samsung, the leading Korean player in OLED market, we cannot say it had foresight in the very beginning. Samsung began to invest in AMOLED (active-matrix organic light-emitting diode, a major type of OLED used in the display industry) in about 2003, and did not realize mass production until 2007. Its OLED production reached profitability in 2010. Since then, Samsung gradually secured a market monopoly status.
So, originally, OLED was only one of Samsung"s several alternative technology pathways. But step by step, it achieved an advantageous status in the market and so tended to maintain it by expanding its production capacity.
Also, Samsung has spent considerable time and efforts on the development of the product chain. Twenty or thirty years ago, Japan owned the most complete product chain for display products. But since Samsung entered the field in that time, it has spent huge energies to cultivate upstream and downstream Korean firms. Now the Republic of Korea (ROK) manufacturers began to occupy a large share in the market.
Liao: South Korean manufacturers including Samsung and LG Electronics have controlled 90% of global supplies of medium and small-sized OLED panels. Since Apple began to buy OLED panels from Samsung for its cellphone products, there were no more enough panels shipping to China. Therefore, China"s current demands cannot be fully satisfied from the foreign companies. On the other hand, because China has a huge market for cellphones, it would be necessary to fulfill the demands through domestic efforts. That is why China must develop its OLED production capability.
Huang: The importance of China"s LCD manufacturing is now globally high. Compared with the early stage of LCD development, China"s status in OLED has been dramatically improved. When developing LCD, China has adopted the pattern of introduction-absorption-renovation. Now for OLED, we have a much higher percentage of independent innovation.
Then it is the scale of human resources. One big factory will create several thousand jobs, and it will mobilize a whole production chain, involving thousands of workers. The requirement of supplying these engineers and skilled workers can be fulfilled in China.
Although we cannot say that our advantages triumph over ROK, where Samsung and LG have been dominating the field for many years, we have achieved many significant progresses in developing the material and parts of OLED. We also have high level of innovation in process technology and designs. We already have several major manufacturers, such as Visionox, BOE, EDO and Tianma, which have owned significant technological reserves.
Peng: As mentioned above, there are two ways to apply quantum dots for display, namely photoluminescence in backlightingFor QLED, the three stages of technological development [from science issue to engineering and finally to mass production] have been mingled together at the same time. If one wants to win the competition, it is necessary to invest on all three dimensions.
units for LCD and electroluminescence in QLED. For the photoluminescence applications, the key is quantum-dot materials. China has noticeable advantages in quantum-dot materials.
After I returned to China, NajingTech (co-founded by Peng) purchased all key patents invented by me in the United States under the permission of US government. These patents cover the basic synthesis and processing technologies of quantum dots. NajingTech has already established capability for large-scale production of quantum dots. Comparatively, Korea—represented by Samsung—is the current leading company in all aspects of display industry, which offers great advantages in commercialization of quantum-dot displays. In late 2016, Samsung acquired QD Vision (a leading quantum-dot technology developer based in the United States). In addition, Samsung has invested heavily in purchasing quantum-dot-related patents and in developing the technology.
China is internationally leading in electroluminescence at present. In fact, it was the 2014 Nature publication by a group of scientists from Zhejiang University that proved QLED can reach the stringent requirements for display applications. However, who will become the final winner of the international competition on electroluminescence remains unclear. China"s investment in quantum-dot technology lags far behind US and ROK. Basically, the quantum-dot research has been centered in US for most of its history, and South Korean players have invested heavily along this direction as well.
For electroluminescence, it is very likely to co-exist with OLED for a long period of time. This is so because, in small screen, QLED’s resolution is limited by printing technology.
Peng: If electroluminescence can be successfully achieved with printing, it will be much cheaper, with only about 1/10th cost of OLED. Manufacturers like NajingTech and BOE in China have demonstrated printing displays with quantum dots. At present, QLED does not compete with OLED directly, given its market in small-sized screen. A while ago, Dr. Huang mentioned three stages of technological development, from science issue to engineering and finally to mass production. For QLED, the three stages have been mingled together at the same time. If one wants to win the competition, it is necessary to invest on all three dimensions.
Huang: When OLED was compared with LCD in the past, lots of advantages of OLED were highlighted, such as high color gamut, high contrast and high response speed and so on. But above advantages would be difficult to be the overwhelming superiority to make the consumers to choose replacement.
It seems to be possible that the flexible display will eventually lead a killer advantage. I think QLED will also face similar situation. What is its real advantage if it is compared with OLED or LCD? For QLED, it seems to have been difficult to find the advantage in small screen. Dr. Peng has suggested its advantage lies in medium-sized screen, but what is its uniqueness?
Peng: The two types of key advantages of QLED are discussed above. One, QLED is based on solution-based printing technology, which is low cost and high yield. Two, quantum-dot emitters vender QLED with a large color gamut, high picture quality and superior device lifetime. Medium-sized screen is easiest for the coming QLED technologies but QLED for large screen is probably a reasonable extension afterwards.
Huang: But customers may not accept only better wider color range if they need to pay more money for this. I would suggest QLED consider the changes in color standards, such as the newly released BT2020 (defining high-definition 4 K TV), and new unique applications which cannot be satisfied by other technologies. The future of QLED seems also relying on the maturity of printing technology.
Peng: New standard (BT2020) certainly helps QLED, given BT2020 meaning a broad color gamut. Among the technologies discussed today, quantum-dot displays in either form are the only ones that can satisfy BT2020 without any optical compensation. In addition, studies found that the picture quality of display is highly associated with color gamut. It is correct that the maturity of printing technology plays an important role in the development of QLED. The current printing technology is ready for medium-sized screen and should be able to be extended to large-sized screen without much trouble.
Xu: For QLED to become a dominant technology, it is still difficult. In its development process, OLED precedes it and there are other rivaling technologies following. While we know owning the foundational patents and core technologies of QLED can make you a good position, holding core technologies alone cannot ensure you to become a mainstream technology. The government"s investment in such key technologies after all is small as compared with industry and cannot decide QLED to become mainstream technology.
Peng: Domestic industry sector has begun to invest in these future technologies. For example, NajingTech has invested about 400 million yuan ($65 million) in QLED, primarily in electroluminescence. There are some leading domestic players having invested into the field. Yes, this is far from enough. For example, there are few domestic companies investing R&D of printing technologies. Our printing equipment is primarily made by the US, European and Japan players. I think this is also a chance for China (to develop the printing technologies).
Xu: Our industry wants to collaborate with universities and research institutes to develop kernel innovative technologies. Currently they heavily rely on imported equipment. A stronger industry-academics collaboration should help solve some of the problems.
Liao: Due to their lack of kernel technologies, Chinese OLED panel manufacturers heavily rely on investments to improve their market competitiveness. But this may cause the overheated investment in the OLED industry. In recent years, China has already imported quite a few new OLED production lines with the total cost of about 450 billion yuan (US$71.5 billion).Lots of advantages of OLED over LCD were highlighted, such as high color gamut, high contrast and high response speed and so on …. It seems to be possible that the flexible display will eventually lead a killer advantage.
The short of talent human resources perhaps is another issue to influence the fast expansion of the industry domestically. For an example, BOE alone demands more than 1000 new engineers last year. However, the domestic universities certainly cannot fulfill this requirement for specially trained OLED working forces currently. A major problem is the training is not implemented in accordance with industry demands but surrounding academic papers.
Huang: The talent training in ROK is very different. In Korea, many doctoral students are doing almost the same thing in universities or research institutes as they do in large enterprises, which is very helpful for them to get started quickly after entering the company. On the other hand, many professors of universities or research institutes have working experience of large enterprises, which makes universities better understand the demand of industry.
Liao: However, Chinese researchers’ priority pursuit of papers is in disjunction from industry demand. Majority of people (at universities) who are working on organic optoelectronics are more interested in the fields of QLED, organic solar cells, perovskite solar cells and thin-film transistors because they are trendy fields and have more chances to publish research papers. On the other hand, many studies that are essential to solve industry"s problems, such as developing domestic versions of equipment, are not so essential for paper publication, so that faculty and students shed from them.
Xu: It is understandable. Students do not want to work on the applications too much because they need to publish papers to graduate. Universities also demand short-term research outcomes. A possible solution is to set up an industry-academics sharing platform for professionals and resources from the two sides to move to each other. Academics should develop truly original basic research. Industry wants to collaborate with professors owning such original innovative research.
Zhao: Today there are really good observations, discussions and suggestions. The industry-academics-research collaboration is crucial to the future of China"s display technologies. We all should work hard on this.
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As consumers expectations for televisions increase, panel makers are utilizing technology and process improvements to design brighter, higher resolution, and larger displays.
For example, panel makers are economically achieving 8K resolution with backplanes that seemed impossible only a few years ago, such as oxide TFTs. And to improve the color and light output of LCD TVs, panel makers are using increasingly advanced quantum dot films to augment traditional LCD designs, as seen in QLED sets.
In the past few years, the global center of LCD panel manufacturing has shifted from Korea to China. The shift was somewhat expedited because of COVID-19, but this dynamic did not happen overnight.
Korean panel manufacturers adjusted to industry and macroeconomic dynamics by sourcing LCD panels from other locations and turning their resources toward next-generation display technologies.
Ultimately, what drives end-market demand drives glass demand – which is what we at Corning are focused on. As we continue to expand glass capacity, with supply agreements for three out of four announced Gen 10.5 plants, Corning is well positioned to support our customers’ market growth.
Most modern computer monitors, and even televisions, have an edge-lit LCD display that’s fundamentally similar to the first such displays sold decades ago, but that’s not where the future is headed. The twin threats of Mini-LED and OLED want to conquer the world of PC displays for themselves.
Which will win, and where is the future headed? I spoke with Ross Young, CEO of Display Supply Chain Consultants, and David Wyatt, CTO of Pixel Display (and inventor of Nvidia G-Sync), for the inside scoop.
Modern OLED displays rarely exceed 1,000 nits of brightness, and when they do, are incapable of sustaining it. LG’s C9 OLED television, for example, can’t sustain a peak brightness above 160 nits (according to testing by Rtings). Mini-LED displays like Apple’s Liquid Retina XDR, Samsung’s Odyssey Neo G9, and Samsung’s QN90A television can hit peak brightness well above 1,000 nits and sustain at least 600 nits.
Wyatt points to this as a key advantage. The best HDR standards call for up to 10,000 nits of brightness. Current consumer Mini-LED displays don’t achieve this, but it’s possible future displays will.
And Micro-LED, which uses individual LEDs as per-pixel lighting elements, can reach even greater heights. Wyatt says his company’s VividColor NanoBright technology will be capable of reaching up to one million nits.
Such brightness is not necessary for computer monitors or home televisions and instead targets demanding niche components, such as avionics displays. Still, it hints that we’ve only seen a sliver of HDR’s real potential – and that Mini-LED and Micro-LED, not OLED, will lead the charge.
OLED’s greatest strength is the opposite of Mini-LED’s incredible brightness. The self-emissive nature of OLED means each pixel can be turned on or off individually, providing a deep, inky, perfect black level.
“Mini-LED has clear advantages in sources of supply and brightness,” Young said in an email, “but OLEDs have advantages in regards to contrast, particularly off-axis contrast, response times, and no halo effect.” The “halo effect,” also known as blooming, is the halo of luminance that often surrounds bright objects on a Mini-LED display.
The advantages of OLED add up to superior contrast and depth. You’ve likely noticed this when viewing an OLED television at your local retailer. High-quality content has an almost three-dimensional look, as if the display is not a flat panel but a window into another world.
Modern Mini-LED displays often claim to rival OLED. Apple’s Liquid Retina Display XDR, for example, lists a maximum contrast ratio of 1,000,000:1. In reality, Mini-LED still noticeably lags the contrast performance of OLED because it can’t light pixels individually. This will remain true at least until Micro-LED, which can light pixels individually, goes mainstream.
Mini-LED improves on traditional edge-lit LCD displays by improving the backlight. The LCD panel itself, however, is much the same as before and retains some flaws common to the technology.
Display quality can shift significantly depending on viewing angle, and significant blur will be visible when displaying fast motion. Both problems are inherent to LCD technology. The liquid crystals do not block light uniformly, so the image looks different from different angles, and require a few milliseconds to respond to a charge, causing blur or ghosting in rapidly changing images.
OLED is different from LCD technology. There’s no liquid crystals to twist or move. Each pixel is an organic element that creates its own light when a charge is applied. The light is emitted in a relatively uniform pattern and can turn on or off extremely quickly, removing the viewing angle and motion performance issues of LCD entirely.
The last few points—contrast, black levels, viewing angles, and response times—highlight the strengths of OLED technology. But, OLED has a weakness: durability.
This problem is most often discussed in the context of burn-in or image retention. Burn-in happens when specific pixels on an OLED panel degrade differently from those around them, creating a persistent shadow in the image.
Want to see the effects yourself? I recommend Rting’s burn-in testing page, which shows results over a period of eight years (though, unfortunately, Rtings has not updated its result since February of 2020). This testing shows OLED degradation is indeed a thing, though its severity depends on how you use your display.
Monitor pricing remains a sore point for PC enthusiasts. As explained in my deep-dive on upcoming OLED monitors, pricing is tied to the efficiency of production.
This advantage will likely continue in the near future. OLED pricing is reliant on availability of OLED panels, which are not as widely produced as LCD panels. Companies looking to build Mini-LED displays can design the backlight somewhat independently of the LCD panel and choose panels as needed based on the panel’s capabilities and pricing.
Because of this, there’s more ways for manufacturers to deliver Mini-LED displays in notebooks and monitors, which may lead to a more aggressive reduction in price.
The current OLED vs. Mini-LED battle is give-and-take. Mini-LED wins in brightness, HDR, durability, and pricing (of full-sized monitors). OLED wins in contrast, black levels, viewing angles, and motion performance.
OLED’s big break may come with the introduction of new fabs. Young says they will “lower costs significantly for 10-inch to 32-inch panels, giving OLED fabs the same flexibility as G8.5 LCD fabs, meaning the ability to target multiple applications from a single fab.” The first of these new fabs should start producing panels by 2024.
Affordable OLED seems alluring, but Wyatt champions a different approach. He believes the Micro-LED technology championed by Pixel Display will meld the strengths of LCD and OLED while ditching the weaknesses of both.
However, Micro-LED is a technology more relevant to the latter half of this decade. The more immediate fight will see OLED attempt to improve brightness and durability while Mini-LED pursues increasingly sophisticated backlights to mimic the contrast of OLED.
Personally, I think Mini-LED shows more promise—when it comes to PC displays, at least. The static images, long hours, and sustained brightness of Mini-LED displays pinches on OLED pain points, which will remain even if pricing becomes more affordable.
Screens in private use are already highly diverse; in terms of size alone, they range from smartwatches to huge flatscreen TVs. And with many innovations on the way, the number of different formats and device types will increase significantly in the coming years. This includes virtual and augmented reality glasses, folding screens, 3D holograms, and direct projections, e.g. onto car windscreens. Consumers will be able to use these displays to control their appliances as much as for enjoying media content. New screen types will also influence the presentation of the content itself: Storytelling, camera style, and content length will adapt to each format. In addition, stakeholder behavior – from hardware manufacturers to consumers and advertising agencies – will also shape developments.
Successful innovations, groundbreaking business decisions, consumer behavior: Where exactly these aspects are going remains an open question. The future of displays cannot be predicted with any accuracy, so how can companies decide on sensible preparations for the uncertainties of the future? The Deloitte Center for the Long View has made the scenario analysis approach its own and refined it. The Center experts analyze and extrapolate the most important drivers, then use these to develop four strikingly different foundational scenarios for the year 2030 and assess the likelihood of their occurrence. The results should not be considered forecasts, but plausible narrative reference frames for strategy planning, implementation, and monitoring.
The Global Industrial Display Market size is expected to reach $7.2 billion by 2028, rising at a market growth of 6.9% CAGR during the forecast period.
Industrial displays are used to show current operations and predicted results. These displays are more important in ensuring that the industry runs smoothly. As a result, the industry is among the most shows that there is significant in terms of growth. Furthermore, the global shift in technology and automated systems drive market growth. Moreover, robust display wireless connection, and technologically advanced push market growth during the forecast period.
The increasing adoption of multi-featured Human-Machine Interface (HMI) devices, the Industrial Internet of Things (IIoT), and the popularity of smart industrial displays are some of the factors driving market growth. The displays" innovative features, such as touchpad frames and fully automated touch detection systems; RFIDs; Ethernet connectivity; and ability to withstand high temperature changes, shock, motion, dust, scrape, and chemicals, are catapulting the industry forward.
Even though displays are a viable substitute for manual methods and outdated push-button technology, the industry offers a large investment opportunity. To keep up with changing industrial needs, the market is differentiated by continuous technological developments. Low-Temperature Poly-Silicon (LTPS), Liquid Crystal Display (LCD), Thin-Film-Transistor (TFT), Digital Light Processing (DLP), and Color Filter (CF) are some of the most recent industry innovations.
The growing demand for multi-featured HMIs and smart touch screen displays is driving advancement and innovation. Regulations governing the manufacture and sale of industrial displays differ by region or country. For example, the European Union Law on the Restriction of Hazardous Substances (RoHS) has limited the use of cadmium, lead, mercury, and hexavalent chromium in electronic equipment, as well as flame retardants such as Polybrominated Diphenyl Ethers (PBDE) or Polybrominated Biphenyls (PBB).
Society and the global economy are suffering greatly as a result of the COVID-19 pandemic. The supply chain is being impacted by the outbreak, whose effects are growing every day. Stock market turbulence, a decline in corporate confidence, a considerable delay in the distribution chain, and a rise in customer apprehension are all being brought on by it. European nations under lockdown have suffered major losses in trade and revenue as a result of the suspension of manufacturing operations in the area. The COVID-19 pandemic has had a substantial impact on manufacturing and production processes, slowing the growth of the industrial display sector in 2020.
The enormous industrial displays are still in demand because they offer an efficient means of communication even though the billboard business is still feeling the heat of environmental rules. High-performance huge industrial displays are also increasingly essential for accessibility of real-time data that fuels productivity as industrial automation and robotics pick up speed. Applications for large industrial displays are anticipated to take on a new dimension as the need for HMIs to monitor production processes surges. Manufacturers would continue to place a strong emphasis on design differentiation in order to close sales, which has sparked the development of a number of flexible, foldable, and thinner new-age displays.
The creation of thin, effective, and bright displays is made possible by the thin films of organic light-emitting (OLED) materials that emit light when electricity is applied to them. It is anticipated that OLEDs would replace prevailing technologies in the display ecosystem. As a result, a sizable number of businesses have started to increase their investment in OLED study and innovation. OLED industrial displays are dominating the market because to their cutting-edge features, such as higher contrast, quicker response times, and a broader operating temperature range than LCDs. OLED micro displays are now often used in EVFs and HMDs because they outperform conventional LCD and LCoS micro display technologies.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The below illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Product Launches, and Partnerships & Collaborations.
OLEDs are perfect for products like smartphones since people are more likely to replace these frequently than they are to replace a larger purchase, like a television. OLEDs are made of organic materials that are impacted by their surroundings, sensitive to moisture, and susceptible to screen degradation from exposure to heat and sunlight. OLED technology has a lot of advantages, but it also has a long list of drawbacks. Its advantages are quickly outweighed by problems with heat, moisture, loss of brightness, pixel burnout, and consumer expenditure.
On the basis of technology, the industrial display market is classified into LCD, LED, OLED and E-paper. The LCD segment acquired the highest revenue share in the Industrial Display Market in 2021. A flat panel display called a liquid crystal display (LCD) makes use of the liquid crystals" capacity to modulate light. Instead of emitting light directly to create images in color or monochrome, liquid crystals use a backlight or reflector. There are two primary categories of LCDs used in electronic devices like digital clocks and video players and those used in computers.
Based on type, the industrial display market is segmented into Rugged Displays, Open-frame Monitors, Panel-Mount Monitors, Marine Displays and Video Walls. The open-frame monitor segment registered a substantial revenue share in the Industrial Display Market in 2021. Open Frame Monitor (OFM) is primarily housed in a bare-metal container and typically does not have a bezel. Instead, it is normally delivered with a mounting metal flange on the outside. Electronic parts, such as the display controller A/D board, the harnesses, and maybe the internal power supply, are secured to the inside of the metal chassis.
By end-use, the industrial display market is categorized into Manufacturing, Mining & Metals, Chemical, Oil, and Gas, Energy & Power, and Others. The Chemical, Oil, and Gas segment registered a promising revenue share in the Industrial Display Market in 2021. Oil and gas have played an important role in the economic transformation, but the industry is entering a new era. Digital transformation can improve productivity and workplace safety while reducing the industry"s environmental impact. Large industrial displays are especially important in the oil and gas industry, where comprehend rough environmental parameters, extreme temperatures, high levels of pollution, and operation is critical not only for safety but also for improving profitability.
Report coverage Market Trends, Revenue Estimation and Forecast, Market Share Analysis, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling
Region-wise, the industrial display market is analyzed across North America, Europe, Asia Pacific and LAMEA. The North America region procured the highest revenue share in the Industrial Display Market in 2021. with high demand coming from monitoring system, HMI, and interactive display applications. Increased use of digital displays and HMIs in North America is expected to generate new business opportunities over the forecast period. Furthermore, the growing popularity of industrial automation, rising investment in IIoT applications, and multi-featured HMI gadgets may expedite the use of industrial display capabilities in this market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Display Co., Ltd. (Samsung Electronics Co. Ltd.), LG Display Co., Ltd. (LG Corporation), Leyard Optoelectronic Co. (Planar Systems, Inc.), Advantech Co., Ltd., Siemens AG, Sharp NEC Display Solutions, Ltd. (Sharp Corporation), Pepperl + Fuchs Group, Japan Display, Inc., Winmate, Inc., and Maple Systems, Inc.
Jun-2022: Samsung introduced Smart Monitor M8, a 32-inch display. The new Monitor M8 desire to produce a display that fits the matured lifestyle and design preference of Gen Z and millennial customers as they frequently look for a one-stop solution to learn, work, and play. Additionally, the smart monitor would be public in sunset pink and spring green colors.
May-2022: LG Display came into a partnership with Astronics Corporation, a supreme supplier of advanced technologies. Through this partnership, the companies aimed to provide industry best-in-class OLED display technologies to the aviation industry. Additionally, this partnership would provide Astronics permit to LG Display"s wide family of guiding OLED displays along with technical support for evolution and combination from LG Display engineering help.
Mar-2022: Advantech unveiled PPC-112W along with PPC-115W, the first models of its PPC-100 series of RISC-based Android panel PCs. The new series offers highly accessible and cost-effective board PC solutions in a range of performance classes and display sizes to fulfill various industrial applications. Additionally, the PPC-115W and PPC-112W are featured by a Rockchip RK3399 SoC and Mali-T860 GPU, whereas the PPC-100 series is developed to accomplish the PPC product line by supplying profitable broad computing choices that are keen to position out of the box and can be easily combined with existing HMI/MES systems.
Sep-2021: Samsung formed a partnership with Niio.art, the premium platform for exclusive digital art from leading contemporary artists & galleries. Through this partnership, the companies aimed to permit consumers to convert their spaces with gorgeous, adaptable digital displays that show superior digital art.
Jun-2021: Sharp NEC Display Solutions joined hands with Avery Dennison, a multinational manufacturer, and distributor of pressure-sensitive adhesive materials. Through this collaboration, the companies aimed to launch ActiveScene, providing a creative, interactive AV solution. Additionally, with the integration of Avery Dennison’s Vela Dynamic System within NEC projection technology, ActiveScene would provide a complete AV solution to change existing windows into employing, captivating displays.
Jan-2020: Advantech launched the VUE-2000 Series, the Newest Line of Panel-Mount Monitors. The VUE-2000 series consists of Advantech’s latest industrial displays developed to sit at the meeting between creation and functionality, with numerous benefits.
Here at Phoenix Display, we talk about LCD displays every day. With LCDs being such a big part of our daily