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Global Curved Display Market to reach USD xx billion by the end of 2030.

Global Curved Display Market Size study & Forecast, by Type (LCD, EPD, LED, OLED), by End User (Consumer Electronics, Transportation, Retail, Advertising, Others) and Regional Analysis, 2023-2030

Product Code: EESC-36458091
Publish Date: 4-10-2023
Page: 200

Global Curved Display Market is valued at approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030. A curved display refers to a display panel that is symmetrically curved rather than flat. This design element has gained popularity in various electronic devices, including televisions, computer monitors, smartphones, and smartwatches. The curvature of the display aims to match the natural curvature of the human eye, providing a more immersive viewing experience. The curve adds depth to the content on the screen, making it appear larger and more engaging, which can enhance the feeling of being surrounded by the visuals. The Curved Display market is expanding because of factors such as an increase in demand for consumer electronics and growing demand for automotive displays. Curved displays create a perceived increase in contrast, making images appear more vibrant and dynamic. Its importance has progressively increased during the forecast period 2023-2030.

Curved displays can offer improved viewing angles, allowing users to see the content more clearly from different positions around the screen. Consumer electronics such as desktop monitors, the curvature can provide a more comfortable and immersive working experience, reducing eye strain and minimizing distortion at the edges of the screen. According to Statista, the global revenue in the consumer electronics market is expected to expand by USD 125.5 billion between 2023 and 2028 and revenue is expected to reach USD 1.2 trillion by 2028. Furthermore, in 2022, revenue in the consumer electronics market is led by China with USD 251.4 billion, followed by the United States with USD 150.2 billion. Another important factor that drives the Curved Display market is the increasing demand for automotive displays. Curved displays offer flexibility in terms of design and layout, allowing car manufacturers to customize the user interface and adapt it to the specific model and brand identity. In addition, as per Statista, about 350 million automotive displays are expected to be shipped globally by the year 2025. Moreover, the increasing use of smartwatches and rising technological advancement in electronic displays are anticipated to create lucrative growth opportunities for the market over the forecast period. However, manufacturing complexities related to curved displays and risks associated with the operations stifled market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Curved Display Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the higher adoption of smart TVs and increasing technological advancements in electronic displays. Furthermore, Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as due to significant use of Pixelight high dynamic range technology in different screens and monitors.

Major market player included in this report are:

LG Display Co., Ltd
Samsung Electronics Co., Ltd
Royole Corporation
Motorola Inc.
BOE Technology Group Co., Ltd
Acer Inc.
Sony Corporation
TCL Corporation
Toshiba Corporation
Panasonic Corporation

Recent Developments in the Market:
Ø In August 2022, The Odyssey Ark, the world’s first 55-inch 1000R curved gaming screen, was introduced by Samsung Electronics, adding an entirely new form factor to the industry-leading Odyssey portfolio. The display has a frame rate of 165Hz and a response time of 1ms1, as well as an all-new Cockpit Mode and a special controller, the Ark Dial, which provides the ultimate window into the world of gaming with unrivalled immersion. The curved gaming screen employs Samsung’s Quantum Matrix Technology, which employs Quantum Mini LEDs to provide ultra-fine and accurate control over the densely packed LEDs. Gamers witness both dark and brilliant sceneries, including 16,384 black levels for ultra-realistic visuals, due to newly integrated 14-bit processing and smart lighting control technologies.

Global Curved Display Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, End User, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
LCD
EPD
LED
OLED

By End User
Consumer Electronics
Transportation
Retail
Advertising
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Curved Display Market, by Region, 2020-2030 (USD Billion)
1.2.2. Curved Display Market, by Type, 2020-2030 (USD Billion)
1.2.3. Curved Display Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Curved Display Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Curved Display Market Dynamics
3.1. Curved Display Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increase in demand for Consumer electronics
3.1.1.2. Growing demand for automotive displays
3.1.2. Market Challenges
3.1.2.1. Manufacturing complexities related to curved display
3.1.2.2. Risks associated with the operations
3.1.3. Market Opportunities
3.1.3.1. Increasing use of smartwatches
3.1.3.2. Rising technological advancement in electronic displays
Chapter 4. Global Curved Display Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Curved Display Market, by Type
5.1. Market Snapshot
5.2. Global Curved Display Market by Type, Performance – Potential Analysis
5.3. Global Curved Display Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Curved Display Market, Sub Segment Analysis
5.4.1. LCD
5.4.2. EPD
5.4.3. LED
5.4.4. OLED
Chapter 6. Global Curved Display Market, by End User
6.1. Market Snapshot
6.2. Global Curved Display Market by End User, Performance – Potential Analysis
6.3. Global Curved Display Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
6.4. Curved Display Market, Sub Segment Analysis
6.4.1. Consumer Electronics
6.4.2. Transportation
6.4.3. Retail
6.4.4. Advertising
6.4.5. Others
Chapter 7. Global Curved Display Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Curved Display Market, Regional Market Snapshot
7.4. North America Curved Display Market
7.4.1. U.S. Curved Display Market
7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
7.4.1.2. End User breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Curved Display Market
7.5. Europe Curved Display Market Snapshot
7.5.1. U.K. Curved Display Market
7.5.2. Germany Curved Display Market
7.5.3. France Curved Display Market
7.5.4. Spain Curved Display Market
7.5.5. Italy Curved Display Market
7.5.6. Rest of Europe Curved Display Market
7.6. Asia-Pacific Curved Display Market Snapshot
7.6.1. China Curved Display Market
7.6.2. India Curved Display Market
7.6.3. Japan Curved Display Market
7.6.4. Australia Curved Display Market
7.6.5. South Korea Curved Display Market
7.6.6. Rest of Asia Pacific Curved Display Market
7.7. Latin America Curved Display Market Snapshot
7.7.1. Brazil Curved Display Market
7.7.2. Mexico Curved Display Market
7.8. Middle East & Africa Curved Display Market
7.8.1. Saudi Arabia Curved Display Market
7.8.2. South Africa Curved Display Market
7.8.3. Rest of Middle East & Africa Curved Display Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. LG Display Co., Ltd
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Recent Developments
8.3.2. Samsung Electronics Co., Ltd
8.3.3. Royole Corporation
8.3.4. Motorola Inc.
8.3.5. BOE Technology Group Co., Ltd
8.3.6. Acer Inc.
8.3.7. Sony Corporation
8.3.8. TCL Corporation
8.3.9. Toshiba Corporation
8.3.10. Panasonic Corporation
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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