Majority of the consumers prefer high resolution displays that consume low power, representing the technology of low power next generation display. The advancements in optoelectronics and nanotechnology have transformed the shape of next generation display market. The market of low power next generation display comprises of technologies which consumer comparatively less power than Plasma and CRT- Cathode Ray Tube technologies.
Soaring Popularity of High Resolution Display Systems Expected to Propel the Market Growth
There are various display technologies available in the market such as transparent, flexible, touch screen, and 3D displays. In addition, portable devices such as smartphones, tablets, laptops, and so on, have accelerated the demand for next generation display technology with low power consumption. This had compelled the manufacturers to develop highly efficient low power next generation displays. Future Market Insights (FMI), in its report, has provided key analysis on the global low power next generation display market for the forecast 2017-2027. The report estimates considerable growth for the market in the near future.
The growth of the global low power next generation display market is primarily attributed to surging prevalence of high resolution devices & display systems consuming low power, coupled with flexible and touch screen displays with various pixel range. In addition, technological advancements have led to the production of efficient & enhanced displays with low power consumption, which in turn has driven the interests of device manufacturers to enhance the functionality of these devices. This factor is expected to further drive the market growth in the upcoming years. In contrast, high manufacturing costs of these displays is expected to restrain the growth of the global low power next generation display market. Investing in highly skilled technicians and in-built technology further increases the costs of these devices based on the availability.
The Leyard TWA Series by Leyard and Planar
The global leader for visualisation products, Leyard, along with the global leader for display & digital signage technology and a Leyard company, Planar, together have introduced the Leyard TWA Series with fine-pitch LED-based video walls, featuring the family of an unique LED video wall flat-panel displays with outstanding image quality and low power consumption. The Leyard TWA Series is now available in 1.2 millimetre pixel pitches and in 1.8 later this year, and is built on Leyard’s leadership as world’s largest manufacturer of the fine-pitch LED-based video walls providing the form factor and pixel density same as that of LCDs or rear projection video walls.
It provides a completely seamless image, configured nearly at any size. The Leyard TWA Series provides with an energy-efficient, unique design, 24X7 reliability, and unsurpassed image quality, making it ideal for digital signage applications as well as control room. The display innovations of Leyard and Planar were displayed at InfoComm 2016. The Leyard TWA Series is available via the global network of Leyard and Planar’s authorised resellers. Additional models are expected to be released by 2017 end.
North America to be Dominant in the Global Low Power Next Generation Display Market
The soaring prevalence of consumer electronics is expected to garner huge demand for low power next generation displays, regarding modern technology engulfing in upcoming electronic trends. The consumers nowadays demand for latest high-quality image definition, discerning each prospect of electronics. According to FMI’s report, North America is expected to be the dominant region for low power next generation display market in the near future. Some key players identified in FMI’s report who are actively participating in the global market include Toshiba, Philips Electronics, Panasonic, Nova Display, Corning, Cambrios Technology, Au Optronics, Apple, 3M, Sony, Samsung, and LG Display.
The information presented here is sourced from Future Market Insights latest report. A sample of this report is available upon request.
Author: Abhishek Budholiya is a tech blogger, digital marketing pro, and has contributed to numerous tech magazines. Currently, as a technology and digital branding consultant, he offers his analysis on the tech market research landscape. His forte is analysing the commercial viability of a new breakthrough, a trait you can see in his writing. When he is not ruminating about the tech world, he can be found playing table tennis or hanging out with his friends.