The Report Shades a Light on Future and Opportunities in the Screenless Display Industry.
The Screenless Display Market was valued at $1.9 billion in 2020 and is projected to reach $14.9 billion by 2030, growing at a CAGR of 23% from 2021 to 2030 according to a new report by Allied Market Research. The report covers an analysis of the major impacting factors and top 10 investment pockets that influence the market growth and new opportunities in the future.
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The recent technological developments and rise in demand have an instrumental effect on the growth of the market. The Screenless Display Market report offers a comprehensive analysis of the market on the basis of various parameters including sales, sales analysis, market size, share, trends, and major driving factors. In addition, the report offers Porter’s five forces model, portfolio and financial analysis, and business overview of services and products. Such statistical tools provide a piece of vital information to recognizing lucrative opportunities in the industry.
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The TOP MARKET PLAYERS that are currently active in the industry: Avegant Corporation, BAE Systems, Microsoft Corporation, RealView Imaging Ltd., MicroVision Inc., Synaptic Incorporated, Seereal Technologies S.A., Google Inc., Holoxica Ltd., and Zebra Imaging Inc..
These companies have adopted various business strategies such as new product launches, mergers & acquisitions, partnerships, and collaborations to maintain market position.
The study provides an in-depth analysis of the dynamic driving and restraining factors, major challenges, and lucrative opportunities. Moreover, the study offers a SWOT analysis that helps understand the restraining and driving factors in the industry. The global Screenless Display Market report covers an overview of the market and outlines market definition and scope.
The drivers and opportunities aid in understanding the ever-changing industry trends and how companies can leverage such trends. On the other hand, the challenges and restraints included in the report aid in recognizing lucrative market investments. The global Screenless Display report offers a quantitative and qualitative analysis of the market. The qualitative study highlights the value chain analysis, pain point analysis, and key regulations.
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The report includes a detailed analysis of the impact of the Covid-19 pandemic on the market. The report covers consumer preferences, trends, and budget impact on the market because of the pandemic. The global Screenless Display Market is under the influence of technological advancements. The emergence of innovative technologies such as artificial intelligence (AI), cloud computing, big data, Electronics & semiconductors industries, Internet of Things (IoT), and cryptocurrency have a major impact on the global Screenless Display Market growth. The report helps recognize the role of such advanced technologies in Screenless Display Market growth.
Browse in-depth TOC on Screenless Display Market:
>> Pages: 275
>> Tables: 162
>> Charts: 63
Key Market Segments:
By Type
- Visual Image
- Retinal Display
- Synaptic Interface
By Application
- Holographic Projection
- Head-mounted Display
- Head-up Display
- Others
By Industry Vertical
- Aerospace & Defense
- Automotive
- Healthcare
- Consumer Electronics
- Commercial
The Visual Image Segment to Maintain Its Lead Position During the Forecast Period
Based on type, the visual image segment held the highest market share in 2020, contributing to more than three-fourths of the global screenless display market, and is expected to maintain its lead position during the forecast period. This is due to offering of visual image display technology by key players. However, the synaptic interface segment is estimated to manifest the largest CAGR of 29.4% from 2021 to 2030, owing to assistance provided to people with impaired vision.
The Automotive Segment to Maintain Its Leadership Status Throughout the Forecast Period
Based on industry vertical, the automotive segment accounted for the highest market share in 2020, accounting for around one-fourth of the global screenless display market, and is expected to maintain its leadership status throughout the forecast period. This is attributed to transmission of prior warning information such as oil level or tire pressure and integration with adaptive cruise control to alert the drivers. However, the commercial segment is projected to witness the highest CAGR of 25.2% from 2021 to 2030, owing to diverse range of applications such as immersive messaging and augmented reality.
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By Region:
1) North America- (U.S., Canada, Mexico)
2) Europe- (Germany, UK, France, Spain, Italy, Rest of Europe)
3) Asia-Pacific- (China, India, Japan, South Korea, Australia, Rest of Asia-Pacific)
4) LAMEA- (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
North America to Maintain Its Dominance in Terms of Revenue by 2030
Based on region, North America contributed the highest market share in terms of revenue in 2020, accounting for nearly two-fifths of the global screenless display market, and is expected to maintain its dominance in terms of revenue by 2030. This is due to surge in investments by prime players in display technology solutions. However, Asia-Pacific is projected to portray the fastest CAGR of 26.3% during the forecast period, owing to rise in awareness about artificial intelligence (AI) and IoT technologies.
The analysis of segment and sub-segment is offered in graphical and tabular formats. This study is instrumental to understanding the highest revenue-generating and fasting growing segments of the Screenless Display Market, which is vital for making strategic investments.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “”Market Research Reports”” and “”Business Intelligence Solutions.”” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.