Deerfield Beach, FL -- (SBWIRE) -- 09/12/2016 -- The increased applications of displays in designing high-end consumer products have contributed to the increasing consumption of Displays. Digital signage is a common type of display used for advertising purpose. With the growth in advertisement industry, there has been a significant demand for digital signage displays in recent years and the market is expected to witness continued growth in coming years as well.

There has been a rapid expansion in the applications of displays in medical and automotive industries. The growth in advertising and publishing, military, and retail and banking segments is also one of the major factors driving the growth of different type of displays, globally. Displays are playing a crucial role in automotive industry where they are increasingly used as central control units in modern vehicle designs. The rising popularity of TFT-LCD and LED-backlight LCDs in the automotive industry will further foster the market growth.

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Decrease in the prices of high-end displays and increasing applications of LCDs across gaming and entertainment industry will also fuel the growth of the market. Manufacturing issues related with large scale commercial production of flexible displays is a key market restraint while high prices of AMOLED displays is a key market challenge.

The report segments the world display market on the basis of type, technology, applications and geography. On the basis of type, the market is segmented into conventional display, flexible display, and transparent display. Based on technology, the report further segments the market into electronic paper, OLED, LED, LCD, digital light processor (DLP) and liquid crystal on silicon (LCOS). The OLED segment is further segmented into PM-OLED, AM-OLED, P-OLED, PHOLED, and SM-OLED. The LED display segment is further segmented into conventional LED display and surface mounted display. The liquid crystal on silicon (LCOS) segment is further segmented into nematics LCoS (NLC) and ferroelectrics LCoS (FLCoS).

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On the basis of application, the market is segmented into consumer electronics, automotive, medical & industrial, advertising & public display, retail & banking, military and others. The consumer electronics is further segmented into E-reader, smartphone, tablet and laptop. On the basis of geography, the market is segmented into North America, Europe, Asia-Pacific and Latin America and Middle East and Africa (LAMEA).

Some of the prominent market players operating in this market space include Samsung Electronics, LG Electronics, E Ink Holdings, AU Optronics, Atmel, Corning, Plastic Logic, DuPont Display, Hewlett Packard, Panasonic Corp., Sony Corporation, and Philips among others.

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