Global Monochrome Display Market Report: Information by Screen Type (Green Screen, White Screen and Amber Screen), by Display Type (CRT Display, LCD Display and LED Display), by End-User (Consumer Electronics, Automotive, Gaming, Medical and Manufacturing), by Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2030

Market Snapshot

The Global Monochrome Display Market is expected to grow to USD 31.33 Billion by 2030, at a CAGR of 12.51% during the forecast period of 2020 to 2030. Monochrome displays are gaining massive momentum in the electronics market. The high-resolution capability and low cost of the display are some of the significant forces fueling its market growth. These displays provide single color pictures though it varies with a shade of some models. The monochrome display is a popular technology in gaming where it is used to display vector graphic image with high resolution. The high-resolution capability and fast processing of display images are some of the significant force fuelling its market growth.

Based on phosphor content in the displays, the monochrome display is broadly categorized as three screen types, namely green, white, and amber. If P1 phosphor is used, the screen will reflect the green color on display, if P3 phosphor is used, the screen will reflect amber display, or if P4 phosphor is used, the white color will be displayed on the monochrome screen. Green monochrome screens as compared to old monitors show the longest afterglow visualization. It remains on screen for long duration than any other color. Furthermore, green monochrome displays are lighter in weight and carry the low cost of manufacturing; thereby, it is expected to show high growth in the coming years.

Monochrome CRT displays are the most commonly used technology, especially in the medical industry. Due to its high-reliability performance at a low price, it has been highly adopted by medical, manufacturing, and gaming industry. With growing technical advancement in the electronics sector, there is a tremendous shift of CRT monitors to LCD monitors. LCD monochrome delivers more clarity, saves energy, has a high megapixel pictorial view, and provide high-quality images. This is expected to increase its market presence in the coming future and would offer high competition to CRT monochrome screen market. Whereas LED monochrome display, though would increase workspace optimization, is on the introduction stage of the market and has to beat the already acquired market of CRT and LCD monochrome displays thereby predicted to grow with steady growth during the forecast period of 2017 to 2023.

Global Monochrome Display Market, By Region, 2017 Vs. 2023 (USD Million)  

Source: - MRFR Analysis

The monochrome display can be used for indoor and outdoor applications such as displaying monitored physical quantity (temperature, pressure, and vibration), displaying bold and large text, and for surveillance and traffic control. The monochrome display is used in various verticals, including consumer electronics, automotive, and manufacturing. Monochrome displays are extensively used in the medical sector for a wide area of applications including diagnostic display, surgical display, radiology display, clinical review displays. It has been adopted by hospitals, clinics, diagnostic centers, pathology labs, and others. In the consumer electronics industry, monochrome displays are used in television, graphics-based monitors, watches, smartphones, and wearable. Monochrome displays such as LCD and LEDs are used for wide automotive applications such as car navigation, instrument panel, and in rear seat monitors.   

Synopsis

The monochrome display market has been segmented based on screen type, display type, end-user, and region.

Based on the screen type, the monochrome display market has been segregated into green, white, and amber screen. The green screen segment accounted for the largest market share in 2017 and is also expected to register the highest CAGR during the forecast period.

Display type segmentation of the monochrome display market comprises CRT, LCD, and LED display. The CRT segment accounted for the largest market share in 2017, while the LCD segment is expected to register the highest CAGR during the forecast period.

Based on the end-user, the monochrome display market has been divided into consumer electronics, automotive, gaming, medical, and manufacturing. The medical segment accounted for the largest market share in 2017 and is also expected to register the highest CAGR during the forecast period.

Regional Analysis

Monochrome display market, by region, has been segmented into Asia-Pacific, North America, Europe, and rest of the world. North America accounted for the largest market share of in 2017. Some of the factors that are responsible for the market growth include high adoption of advanced technology, a large market of display controllers, and high adoption of LCD and graphic monitor in various sectors. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to factors such as an increase in healthcare expenditure, various healthcare initiatives by government, and the presence of leading monochrome display manufacturers in China.

Companies Covered

The key players of global Monochrome Display market are Eizo Corporation (Japan), Richardson Electronics Ltd. (US), Blaze display technology Co. Ltd. (China), Microtips Technology LLC (US), Tianma Microelectronics Co. Ltd. (China), Ampronix Inc. (US), JVC Kenwood Corporation (Japan), and Shelly Inc (US).

Market Segmentation

• By Screen Type — Green screen, white screen, and amber screen


• By Display Type — CRT Display, LCD Display, and LED Display


• By End-User — Consumer electronics, automotive, gaming, medical, and manufacturing

Key questions addressed by the report

• What was the historic market size (2016)?


• Which segmentation (application/product) is driving market growth?


• What will be the growth rate by 2023?


• Who are the key players in this market?


• What are the strategies adopted by key players?

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