Curved Display Devices Market Expected to Expand at a Steady CAGR through 2028

The rise of advanced and digital technology has led to the adoption of curved display devices. A curved display is an electronic display driven by a powerful processing and computing system. Curved displays are widely used in mobile phones (primarily smart phones), personal computers and smart televisions. They are designed to display high definition digital content with low power consumption. In today’s fast paced changing environment, curved display technology is relatively new in the electronic display market and is gaining strong interest among users. Curved screens are now making their debut in the market on a much smaller scale with televisions and mobile phones. In televisions and mobiles, a curved screen projects the image on the screen and provides a much wider field of view than a standard flat screen. Due to the rise of user friendly and high quality display devices, several electronic manufacturers are working towards the development of large and high-resolution curved displays, primarily for monitors and televisions.

A curved display device comprises a display panel with a display surface, on which a plurality of pixel units are disposed. The display surface includes a first bending line, which extends in the first direction and a second bending line, which extends in the second direction that crosses the first direction at a right angle, and is bent along the first bending line and the second bending line.

Curved Display Devices market: Drivers and Challenges

Major growth drivers for the curved display devices market include enhanced digital advertisements and the demand of OLED screen technology in smart televisions. In addition, an increase in pixel density and the demand for user-friendly and high-quality display devices are anticipated to drive the growth of the curved display devices market across the globe. Moreover, technological advancements in electronic displays across various developed countries are projected to fuel the growth of the global curved display device market during the forecast period.

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Some of the major challenges faced by curved display device manufacturers are high cost and discrepancy in the demand-supply ratio for OLED panels. These challenges may hamper the growth of the portable display market across the globe during the forecast period.

Curved Display Devices market: Segmentation

The global curved display devices market, on the basis of device type, can be segmented into curved televisions, curved monitors and curved mobile phones. Attributing to the increasing demand for high-definition televisions and OLED technology, the curved television sub segment is projected to hold the highest market share during the forecast period.

Curved Display Devices market: Competition Landscape

Curved Display Devices market: Key Contracts                               

• In September 2016, VU technologies, an Indian luxury television manufacturer, unveiled a premium range of curved televisions in India.

Curved Display Devices market: Key Players                                                     

Some of the major players in the global curved display devices market are Samsung Electronics Co. Ltd., LG Display Co. Ltd., Acer Inc., Sony Corporation, Toshiba Corporation, HP, Panasonic Corporation, TCL Corporation, VU Technologies and many others.

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