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Materials Are Deciding The Future Of Display Technology

Materials constitute an integral and fundamental part of a display that decides the quality, resolution, reliability and performance of the displays. The need of today’s display industry is being ultra thin and flexibility, which is achieved with the help of the best industry materials know to us. Over the last five decades, there have been tremendous innovations driving the in display industry, transforming the perspective of the customer with regard to displays. A few new materials were discovered and have been incorporated by some giants in this industry, cementing the future of display technology.

Materials play a pivotal part in the fast-growing display market. The best performance of the display can be assured with the selection of the most efficient and productive materials, and choosing the most cost-effective materials in order to maintain prices at more affordable levels. Displays have literally become ubiquitous and are used in a variety of devices such as smart phones, tablets, laptops, desktops, HDTVs, wearable devices, and so on. Due to the enhancement in technology and easy availability of the materials, display manufacturing has been increasing rapidly and is expected to increase exponentially in the future. However, the technological advancement is posing problems for the new manufacturers as it takes them time to understand their workings and implement it in their production process.

Browse more than 44 market data tables with 51 figures spread through 264 pages and in-depth TOC on "Dielectric Material Market"

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New technologies that are recently introduced in the market such as OLED, TFT-LCD, LED-LCD, plasma, DLP and LCoS are driving the market with full force, and expected to grow further. Materials that are mainly used in the manufacturing of the display panels are indium-tin-oxide (ITO), indium-gallium-zinc-oxide (IGZO), a-silicon, LTPS, PEN, PET, liquid crystals, photonic crystals among the others; wherein ,polymers such as PEN and PET are new materials in the market that are used largely for making flexible displays.

Currently,APAC region is the largest contributor for thematerialsmarket. This is mainly becauseAPAC has the largest base fordisplay manufacturers and consumer electronics companies.APAC is the most favorablemarket for cell phones, tablets, laptops, and TVs. Smartphone, tablet, laptop, and TV manufacturers such asSamsung and LG as they are based in South Korea. Similar players such asSony Corporation, Sharp Corporation, and Panasonic Corporation are based in Japan, whileAcer Inc. is based in Taiwan. Vendors of these companies are also based in APAC.

Countries such as China, Japan, Taiwan, and South Korea are the key countries contributing to the growth ofthis market.APAC has successfully emerged with therecord of thehighest growth rate with regardto many consumer electronic products such assmartphone, tablet, laptop, TV, and so on. Besides, economies in APACsuch asChina and India are booming, currently; similarly, the economies of Taiwan, Indonesia, Singapore, and Malaysia have been showing positive results, off late. Most display companies are based in the APAC region. APAC region holds the largest share of the global OLED manufacturing market,which is the one of the best technologiesavailable today with us. The APAC region’s OLED display market accounted for a largechunk of the overall OLED display market share in 2013. Revenue in APAC is expected to reach the mark of $26 billion in 2020, growing at an estimated CAGR of approximately 7%, from 2013 to 2020.

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