The electronic paper display (EPD) market is expected to reach a valuation of US$ 1.95 billion by the year 2023, accelerating at a CAGR of 17.4% over the forecast period ranging from 2023 to 2033. By the end of the said assessment period, a valuation of US$ 9.7 billion will be achieved in the electronic paper display market. Due to their low energy consumption, low weight, and flexible properties, e-paper displays are used in a wide range of applications across a wide range of industries. Since electronic paper displaces have excellent power efficiency and memory effect, they are increasingly being used in electronic circuits.
The development of electronic displacement has reached an impressive level of maturity. To average consumers, transmissive LCD displays and emissive plasma displays provide virtually the same image quality and panel size. However, research on reflective electronic paper displays is very active. In addition to its zero power operation, e-paper technologies provide superior optical contrast even in direct sunlight and even have integrated a photovoltaic panel into various research papers. Aside from providing an attractive large screen size when used as a portable reading application, e-paper can also be a suitable choice for reducing eyestrain and requiring less weight fatigue.
The growing popularity of online resources has led to the development of new ways to view words electronically, and these methods have emerged in response to the lack of screen space designed for reading. An eco-friendly alternative to paper, e-paper eliminates paper waste and consumption, reducing environmental pollution while offering a wide selection of applications. Manufacturing and disposal of paper have the biggest impact on climate change, while usage has only minor effects.
For instance, E Ink exhibited at the Venetian for CES 2023, populating its makeshift showroom with the company's latest tech, including its colorful new Gallery 3 displays and wacky BMW wraps. With devices like the PocketBook Viva, the latter technology is now starting to trickle into the market.
As transportation technology moves forward, the future of e-paper displays can be seen as a glimpse into the future. An interactive map with a timetable and a live feed of arrivals will be displayed. With the advent of large format E-paper displays, various cities will be able to install these displays within a matter of days. Additionally, they are easily adaptable to any urban infrastructure and subsequent displays can be added as time passes. Additionally, because large-format E-paper displays reduce waste and maximize efficiency, they are an excellent choice for cities burdened with carbon emissions and increasing technology costs.
E-paper technology has led to an advancement in large-format display technology, which allows a display to display updated information in real-time, regardless of the conditions of the weather or light. E-link is a self-sustaining large-format E-paper display that is ideal for locations that have limited access, requiring minimal installation and maintenance. Increasing technological services while reducing carbon emissions is another priority for smart cities with large-format E-paper displays.
In a world where every breakthrough in recent years has emphasized the mobility of individuals and the ease with which information can be exchanged, e-Paper is right on target. Electronic paper can replace other devices to save battery usage and be read easily, even in direct sunlight. A wide range of brands is now offering EPD as a product in the market and continue to innovate in coming years.
| Data Points | Key Statistics |
|---|---|
| Estimated Base Year Value (2022) | US$ 1.7 billion |
| Expected Market Value (2023) | US$ 1.95 billion |
| Anticipated Forecast Value (2033) | US$ 9.7 billion |
| Projected Growth Rate (2023 to 2033) | 17.4% CAGR |
Electronic Paper Display (EPD) can also be called as e-paper, is a display technology that uses electronic components to mimic the appearance of ordinary ink on paper. The electronic paper displays are different from LCD display panels as the paper emits light instead of reflecting light like LCDs.
The paper is made up of millions of tiny ink capsules filled with a clear fluid containing microscopic particles of different colors and electrical charges which gives the viewer the experience of reading from paper. The increasing awareness of e-paper displays among consumers and readers is expected to drive electronic paper display market growth.
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Advantages of Electronic Paper Display over Traditional LCD Screens would drive the Growth of Electronic Paper Display Market
The electronic paper display technology offers a wide range of features that can easily outweigh the use of LCD in commercial and public uses. LCDs are bulkier, heavier, and consumes more amount of energy as compared to electronic paper displays.
E-paper displays reduces eyestrain and enable readers to read contents outdoors and in bright sunlight. These display systems are used in both indoor and outdoor applications such as traffic signs, retail shelf labels, interactive museum signs, notice boards and infotainment systems.
Moreover, E-paper display system offers various benefits such as low cost of manufacturing and final retail value, minimum power consumption, daylight readability, foldable screen, and custom manufacturing are some of the benefits that are expected to drive the growth of electronic paper display market.
Increasing Number of Electronic Readers
The increasing availability of e-content is prompting readers to prefer electronic paper display systems instead of buying books from stores. In the past few years, e-books have become a mainstay and a powerful trend in the publishing industry.
The e-book readers are becoming popular day-by-day because they are easy to carry and allow consumers to download numerous books from the internet that are either free or at a lower price. According to a survey, one-quarter of American bibliophiles prefer reading e-books. The growing popularity of e-books and the adoption of specialized e-book reading devices is driving the market growth.
Principal Consultant
Key players in the electronic paper display market are focusing on product innovation and business expansion strategies to offer advanced electronic paper displays.
The major players offering electronic paper display includes
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global electronic paper display market.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with electronic paper display market attractiveness as per segments. The report on electronic paper display market also maps the qualitative impact of various factors on electronic paper display market segments and geographies.
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Electronic Paper Display (EPD) Market
