The
global Screenless Display Market size is expected to
reach USD 5.59 billion by 2020, according to a new report by Grand View
Research, Inc. These devices came into progress during the year 2013 with the
arrival of products such as virtual reality headsets, holographic videos,
mobile phones for the elderly, retinal displays, bionic contact lenses, etc.
Proliferation
of external monitors, reading devices and mobile phones with large screens
serve as key enablers for the industry. As screenless display cost associated
with procurement and deployment of the technology reduces, its application will
witness exponential growth across industry verticals. Companies are investing
in research and development to innovate products such as screenless computers,
tablets, televisions and mobile phones.
Screenless
displays offer an interactive projection technology developed to solve the
issues related to device miniaturization of modern communication technologies.
The lack of space in screen-based devices provides an opportunity for
screenless display industry growth and development. High system cost may act as
a growth restraint.
Browse Details of Report @
http://www.grandviewresearch.com/industry-analysis/screenless-display-market
http://www.grandviewresearch.com/industry-analysis/screenless-display-market
Further key findings from the study suggest:
- Visual image
screenless display market is expected to dominate revenue over the
forecast period, which can primarily be attributed to high demand for
hologram technology. The limitation of conventional 3D displays is that
the observer has no freedom of head movement or the freedom to increase
information about the 3D objects being projected. Such limitations are
overcome by holographic technology, which allow freedom of movement to the
user.
- Consumer
electronics accounted for over 40% of the overall revenue in 2014, and is
expected to remain the largest application segment over the next few
years. Virtual reality and augmented reality are upcoming fields wherein the
technology finds considerable application.
- North
America screenless display market is expected to remain the industry
leader, primarily due to presence of key participants. Manufacturers are
constantly developing and enhancing the technology to make it more
sophisticated and to integrate it with consumer-grade devices. Google and
Vuzix have aimed to increase adoption of smart wearable technology among
consumers. Holographic video development is being carried out in MIT’s
Media Lab.
- Notable
players involved in R&D include Avegant, Google, Kapsys, Displair,
etc. Optical technology helps project images and data from computers or
video players into the viewer's visual field. For instance, MicroVision’s
HMDs allow Army tank commanders to view the surrounding area from topside
while simultaneously viewing a translucent map that floats a couple of
feet away. This industry is characterized by M&A activities and
strategic alliances to boost technology development.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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