The global transparent displays market should grow from $7.1 billion in 2018 to $89.1 billion by 2023 at a compound annual growth rate (CAGR) of 65.7% for the period of 2018-2023.
Albany, NY -- (SBWIRE) -- 09/13/2018 -- Owing to myriad advantages such as vibrant visual effect, low power consumption, and user-friendly features, transparent displays have garnered greater usability in contrast to their conventional counterpart. Further, proliferated adoption of transparent displays in verticals such as medicine and retail further instill growth in transparent displays market. A newly added research report titled, 'Transparent Displays: Technologies and Global Markets', added to the database of Market Research Hub (MRH) enlists the implications of ongoing progresses on the growth of transparent displays market.
Auto-brightness Controlled Ambiance Illuminance Technology: Novel Breakthrough in Transparent Displays Market
Leading manufacturers in transparent displays market are akin on implementation of novel technological aid such as nanoparticle scattering and quantum dot technologies to enable superior display output. One of the most habitually adopted technologies in transparent displays market includes, OLED. Additionally, core manufacturers are also investing significantly towards breakthroughs in ambiance luminance technologies to offer optimum display, such as auto-brightness control feature.
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LG Unveils New OLED Transparent Display at ISE
A recent report confirmed that LG one of the leading electronics behemoths has displayed a range of advanced prototypes based on transparent display technology at recently held, Integrated Systems Europe. LG's recent addition to its diverse portfolio is based on transparent OLED technology, thereby maximizing its market attractiveness for an array of verticals such as retails and commercial hubs. With these newly added range of signage products, LG is expected to strike a lucrative position in transparent displays market.
Thorough research components included in the report allow readers to gain cues on various market segments attributed to transparent displays market, based on which the market is split as technology type and application. Based on application, transparent displays market is bifurcated as construction, consumer products, defense and security, electronics, healthcare, industrial and transportation. On the basis of technology type, transparent displays market is categorized as LCDs, OLEDs, projector-based transparent displays, electrowetting, electrochomatic, and mini and micro LED. Based on crucial statistical data, readers are enlightened about the impact of market segments in facilitating growth, besides allowing readers to identify the segment associated with increased revenue generation in transparent displays market. Also, the report entails significant details on geographical expanse of transparent displays market, based on which readers can gauge the impact of marketing tactics in fuelling growth in the market, besides striking consumer response.
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Key Players: Transparent Displays Market
This section of the report enlists details on the impact of marketing strategies in harnessing favorable end-user response, besides facilitating market growth. New and existing market players can engage in in-depth analytical review of these strategies to infer core deductions based on which new entrants as well as existing market players in transparent displays market can facilitate lucrative business deals. Noted players identified in transparent displays market comprise, LG Display, Beneq , Konica Minolta, Samsung Electronics, Toshiba, And Visionox amongst others.
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