Wearable Display Market Research Report, Product (Smart Bands, Head Mounted Display), Display Technology (LED-Backlit LCD, OLED), Panel (Rigid, Flexible), Display Size (1 to 2 inches, More than 2 inches), Vertical (Gaming, Military & Defense) — Forecast till 2027
ID: MRFR/SEM/4819-HCR | February 2021 | Region: Global | 100 pages
Market Synopsis
The global wearable display market is predicted to touch USD 3.16 billion at a 20% CAGR between 2018- 2023, states the recent Market Research Future (MRFR) analysis.
Wearable display is a device that is worn on the human body which include powerful sensors that collects and delivers information about their surroundings. Electronic device manufacturers are witnessing a growing demand for useful and suitable displays to enhance the user experience of wearable products. Different types of wearable displays include smart bands, smart watches, and head-mounted displays. Transparent displays are another example of such displays that are expected to form the core elements of the upcoming wearable computing devices. These devices allow the user to see the displayed information simultaneously. One of the most well-known examples of this technology, the Google Glass, is a brand of smart glasses which is an optical head-mounted display designed in the shape of a pair of eyeglasses. Transparent head-mounted displays enable overlaying virtual content on top of real-world objects. The advent of Internet mobility for wearable electronics has revolutionized the products by adding new features to them.
The users can keep check on their fitness levels using wearable display such as smart wristbands and stay connected with their health and fitness. Wearable technology is widely used in infotainment, fitness, military, healthcare & medical and other industry verticals.
Major players like Samsung Electronics Co., Ltd., LG Display, AU Optronics, and others are already present in the wearable display market. GALAXY Gear launched by Samsung , combines smart device connectivity, personalized technological features, and stylish design in a single premium accessory.
The major factors driving the wearable display market are increasing use of flexible OLED displays in smart watches, growing demand for OLED displays for smart wearable devices, and technological shift and development of energy-efficient and high-specification display products. However, factors such as high costs associated with new display technology-based products and high power consumption by wearable devices are hindering the growth of the wearable display market. During the forecast period, increasing adoption of AR/VR devices and development of micro-LED displays for smart wearable devices are expected to drive this market. Whereas, latency in AR/VR systems is the major challenge faced by this market.
Wearable Display Market
Source: MRFR Analysis
Segmentation.
By product type, the market is segmented into smart bands, smartwatches and head-mounted displays.
By technology, the market is segmented into LED-backlit LCD and OLED.
By panel type, the market is segmented into rigid, flexible and microdisplay.
By display size, the market is segmented into less than 1 inch, 1 to 2 inches, and more than 2 inches.
By vertical, the market is segmented into consumer, military & defense, healthcare, enterprise, commercial and others.
Regional analysis
The global market for wearable displays is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of wearable display market is studied for North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific is expected to dominate the wearable display market due to the presence of a significant number of wearable display panel manufacturers which is supporting the increasing adoption of the latest technology-based display devices in this region. North America is expected to be the fastest growing region in this market due to tech-savvy, health-conscious, and affluent population in developed countries of the region such as the US and Canada which is increasing the demand for wearable technology and fueling the adoption of wearable displays.
Key players
The prominent players in the market of wearable display are Samsung Electronics Co., Ltd. (South Korea), LG Display (South Korea), Apple (US), AU Optronics (Taiwan), Japan Display (Japan), Sharp Corporation (Japan), BOE Technology (China), Tianma Microelectronics (China), Kopin Corporation (US), Truly Semiconductors (China), eMagin Corporation (US), and Hannstar Display (Taiwan).
Other players in the wearable display market are Varitronix International (China), TCL Display Technology (China), Yunnan OLiGHTEK (China), Lumus Vision (Israel) among others.
Intended Audience
- Raw material providers
- Display panel providers
- Display device providers
- Display-related service providers
- Display-related associations, organizations, forums, and alliances
- Government bodies, such as regulating authorities and policy makers
- Venture capitalists, private equity firms, and start-up companies
- Semiconductor component suppliers
- Display panel and devices distributors and sales firms
- End users of display devices
- Research institutes, organizations, and consulting companies
Report Scope:
| Report Attribute/Metric | Details |
|---|---|
| Market Size | USD 3.16 Billion |
| CAGR | 20% |
| Base Year | 2019 |
| Forecast Period | 2020-2027 |
| Historical Data | 2018 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product, Display Technology, Panel, Display Size, Vertical |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | Samsung Electronics Co., Ltd. (South Korea), LG Display (South Korea), Apple (US), AU Optronics (Taiwan), Japan Display (Japan), Sharp Corporation (Japan), BOE Technology (China), Tianma Microelectronics (China), Kopin Corporation (US), Truly Semiconductors (China), eMagin Corporation (US), and Hannstar Display (Taiwan) |
| Key Market Opportunities | The presence of a significant number of wearable display panel manufacturers and increasing adoption of the latest technology-based display devices. |
| Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
The global wearable display market is poised to record a market value of USD 3.16 Billion by 2023.
The global wearable display market is maturing at a whopping 20% CAGR over the review period of 2017 to 2023.
A few significant players of the global wearable display market are Samsung Electronics Co., Ltd., LG Display, AU Optronics, and others.
The smartwatches segment is expected to drive market growth over the review period.
The consumer segment is likely to witness the highest demand in the wearable display market.
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of Substitutes
4.1.4 Segment rivalry
4.2 Value Chain/Supply Chain of Global Wearable Display Market
5 Industry Overview of Global Wearable Display Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7 Global Wearable Display Market by Product Type
7.1 Introduction
7.2 Smart Bands
7.2.1 Market Estimates & Forecast, 2020–2027
7.2.2 Market Estimates & Forecast by Region, 2020–2027
7.3 Smart Watches
7.3.1 Market Estimates & Forecast, 2020–2027
7.3.2 Market Estimates & Forecast by Region, 2020–2027
7.4 Head-Mounted Displays
7.4.1 Market Estimates & Forecast, 2020–2027
7.4.2 Market Estimates & Forecast by Region, 2020–2027
8 Global Wearable Display Market by Technology
8.1 Introduction
8.2 LED-backlit LCD
8.2.1 Market Estimates & Forecast, 2020–2027
8.2.2 Market Estimates & Forecast, by Region, 2020–2027
8.3 OLED
8.3.1 Market Estimates & Forecast, 2020–2027
8.3.2 Market Estimates & Forecast, by Region, 2020–2027
9 Global Wearable Display Market by Panel Type
9.1 Introduction
9.2 Rigid
9.2.1 Market Estimates & Forecast, 2020–2027
9.2.2 Market Estimates & Forecast, by Region, 2020–2027
9.3 Flexible
9.3.1 Market Estimates & Forecast, 2020–2027
9.3.2 Market Estimates & Forecast, by Region, 2020–2027
9.4 Microdisplay
9.4.1 Market Estimates & Forecast, 2020–2027
9.4.2 Market Estimates & Forecast, by Region, 2020–2027
10 Global Wearable Display Market by Panel Type
10.1 Introduction
10.2 Less than 1 inch
10.2.1 Market Estimates & Forecast, 2020–2027
10.2.2 Market Estimates & Forecast, by Region, 2020–2027
10.3 1 to 2 inches
10.3.1 Market Estimates & Forecast, 2020–2027
10.3.2 Market Estimates & Forecast, by Region, 2020–2027
10.4 More than 2 inches
10.4.1 Market Estimates & Forecast, 2020–2027
10.4.2 Market Estimates & Forecast, by Region, 2020–2027
11 Global Wearable Display Market by Vertical
11.1 Introduction
11.2 Consumer
11.2.1 Market Estimates & Forecast, 2020–2027
11.2.2 Market Estimates & Forecast, by Region, 2020–2027
11.3 Military & Defence
11.3.1 Market Estimates & Forecast, 2020–2027
11.3.2 Market Estimates & Forecast, by Region, 2020–2027
11.4 Healthcare
11.4.1 Market Estimates & Forecast, 2020–2027
11.4.2 Market Estimates & Forecast, by Region, 2020–2027
11.5 Enterprise
11.5.1 Market Estimates & Forecast, 2020–2027
11.5.2 Market Estimates & Forecast, by Region, 2020–2027
11.6 Commercial
11.6.1 Market Estimates & Forecast, 2020–2027
11.6.2 Market Estimates & Forecast, by Region, 2020–2027
11.7 Others
11.7.1 Market Estimates & Forecast, 2020–2027
11.7.2 Market Estimates & Forecast, by Region, 2020–2027
12. Global Wearable Display Market by Region
12.1 Introduction
12.2 North America
12.2.1 Market Estimates & Forecast, by Country, 2020–2027
12.2.2 Market Estimates & Forecast, by Type, 2020–2027
12.2.3 Market Estimates & Forecast, by Application, 2020–2027
12.2.4 Market Estimates & Forecast, by Panel Type, 2020–2027
12.2.5 Market Estimates & Forecast, by Display Size, 2020–2027
12.2.6 Market Estimates & Forecast, by Vertical, 2020–2027
12.2.7 US
12.2.7.1 Market Estimates & Forecast, by Type, 2020–2027
12.2.7.2 Market Estimates & Forecast, by Application, 2020–2027
12.2.7.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.2.7.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.2.7.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.2.8 Canada
12.2.8.1 Market Estimates & Forecast, by Type, 2020–2027
12.2.8.2 Market Estimates & Forecast, by Application, 2020–2027
12.2.8.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.2.8.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.2.8.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.2.9 Mexico
12.2.9.1 Market Estimates & Forecast, by Type, 2020–2027
12.2.9.2 Market Estimates & Forecast, by Application, 2020–2027
12.2.9.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.2.9.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.2.9.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.3 Europe
12.3.1 Market Estimates & Forecast, Country, 2020–2027
12.3.2 Market Estimates & Forecast, by Type, 2020–2027
12.3.3 Market Estimates & Forecast, by Application, 2020–2027
12.3.4 Market Estimates & Forecast, by Panel Type, 2020–2027
12.3.5 Market Estimates & Forecast, by Display Size, 2020–2027
12.3.6 Market Estimates & Forecast, by Vertical, 2020–2027
12.3.7 Germany
12.3.7.1 Market Estimates & Forecast, by Type, 2020–2027
12.3.7.2 Market Estimates & Forecast, by Application, 2020–2027
12.3.7.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.3.7.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.3.7.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.3.8 France
12.3.8.1 Market Estimates & Forecast, 2020–2027
12.3.8.2 Market Estimates & Forecast, by Type, 2020–2027
12.3.8.3 Market Estimates & Forecast, by Application, 2020–2027
12.3.8.4 Market Estimates & Forecast, by Panel Type, 2020–2027
12.3.8.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.3.8.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.3.9 Italy
12.3.9.1 Market Estimates & Forecast, by Type, 2020–2027
12.3.9.2 Market Estimates & Forecast, by Application, 2020–2027
12.3.9.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.3.9.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.3.9.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.3.10 Spain
12.3.10.1 Market Estimates & Forecast, by Type, 2020–2027
12.3.10.2 Market Estimates & Forecast, by Application 2020–2027
12.3.10.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.3.10.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.3.10.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.3.11 UK
12.3.11.1 Market Estimates & Forecast, by Type, 2020–2027
12.3.11.2 Market Estimates & Forecast, by Application, 2020–2027
12.3.11.3 Market Estimates & Forecast by Panel Type, 2020–2027
12.3.11.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.3.11.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.4 Asia-Pacific
12.4.1 Market Estimates & Forecast, Country, 2020–2027
12.4.2 Market Estimates & Forecast, by Type, 2020–2027
12.4.3 Market Estimates & Forecast, by Application, 2020–2027
12.4.4 Market Estimates & Forecast, by Panel Type, 2020–2027
12.4.5 Market Estimates & Forecast, by Display Size, 2020–2027
12.4.6 Market Estimates & Forecast, by Vertical, 2020–2027
12.4.7 China
12.4.7.1 Market Estimates & Forecast, by Type, 2020–2027
12.4.7.2 Market Estimates & Forecast, by Application, 2020–2027
12.4.7.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.4.7.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.4.7.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.4.8 India
12.4.8.1 Market Estimates & Forecast, by Type, 2020–2027
12.4.8.2 Market Estimates & Forecast, by Application, 2020–2027
12.4.8.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.4.8.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.4.8.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.4.9 Japan
12.4.9.1 Market Estimates & Forecast, by Type, 2020–2027
12.4.9.2 Market Estimates & Forecast, by Application, 2020–2027
12.4.9.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.4.9.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.4.9.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.4.10 Rest of Asia-Pacific
12.4.10.1 Market Estimates & Forecast, by Type, 2020–2027
12.4.10.2 Market Estimates & Forecast, by Application, 2020–2027
12.4.10.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.4.10.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.4.10.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.5 The Rest of the World
12.5.1 Market Estimates & Forecast, Country, 2020–2027
12.5.2 Market Estimates & Forecast, by Type, 2020–2027
12.5.3 Market Estimates & Forecast, by Application, 2020–2027
12.5.4 Market Estimates & Forecast, by Panel Type, 2020–2027
12.5.5 Market Estimates & Forecast, by Display Size, 2020–2027
12.5.6 Market Estimates & Forecast, by Vertical, 2020–2027
12.5.7 Middle East & Africa
12.5.7.1 Market Estimates & Forecast, by Type, 2020–2027
12.5.7.2 Market Estimates & Forecast, by Application, 2020–2027
12.5.7.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.5.7.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.5.7.5 Market Estimates & Forecast, by Vertical, 2020–2027
12.5.8 Latin America
12.5.8.1 Market Estimates & Forecast, by Type, 2020–2027
12.5.8.2 Market Estimates & Forecast, by Application, 2020–2027
12.5.8.3 Market Estimates & Forecast, by Panel Type, 2020–2027
12.5.8.4 Market Estimates & Forecast, by Display Size, 2020–2027
12.5.8.5 Market Estimates & Forecast, by Vertical, 2020–2027
13 Company Landscape
14 Company Profiles
14.1 Samsung Electronics
14.1.1 Company Overview
14.1.2 Product/Business Segment Overview
14.1.3 Financial Updates
14.1.4 Key Developments
14.2 LG Display
14.2.1 Company Overview
14.2.2 Product/Business Segment Overview
14.2.3 Financial Updates
14.2.4 Key Developments
14.3 Apple
14.3.1 Company Overview
14.3.2 Product/Business Segment Overview
14.3.3 Financial Updates
14.3.4 Key Developments
14.4 AU Optronics
14.4.1 Company Overview
14.4.2 Product/Business Segment Overview
14.4.3 Financial Updates
14.4.4 Key Developments
14.5 Japan Display
14.5.1 Company Overview
14.5.2 Product/Business Segment Overview
14.5.3 Financial Updates
14.5.4 Key Developments
14.6 Sharp
14.6.1 Company Overview
14.6.2 Product/Business Segment Overview
14.6.3 Financial Updates
14.6.4 Key Developments
14.7 BOE Technology
14.7.1 Company Overview
14.7.2 Product/Business Segment Overview
14.7.3 Financial Updates
14.7.4 Key Developments
14.8 Tianma Microelectronics
14.8.1 Company Overview
14.8.2 Product/Business Segment Overview
14.8.3 Financial Updates
14.8.4 Key Developments
14.9 Kopin Corporation
14.9.1 Company Overview
14.9.2 Product/Business Segment Overview
14.9.3 Financial Updates
14.9.4 Key Developments
14.10 Truly Semiconductors
14.10.1 Company Overview
14.10.2 Product/Business Segment Overview
14.10.3 Financial Updates
14.10.4 Key Developments
14.11 eMagin Corporation
14.11.1 Company Overview
14.11.2 Product/Business Segment Overview
14.11.3 Financial Updates
14.11.4 Key Developments
15 Conclusion
LIST OF TABLES
Table 1 Global Wearable Display Market, by Region, 2020–2027
Table 2 North America: Wearable Display Market, by Country, 2020–2027
Table 3 Europe: Wearable Display Market, by Country, 2020–2027
Table 4 Asia-Pacific: Wearable Display Market, by Country, 2020–2027
Table 5 The Middle East & Africa: Wearable Display Market, by Country, 2020–2027
Table 6 Latin America: Wearable Display Market, by Country, 2020–2027
Table 7 Global Wearable Display Product Type Market, by Region, 2020–2027
Table 8 North America: Wearable Display Product Type Market, by Country, 2020–2027
Table 9 Europe: Wearable Display Product Type Market, by Country, 2020–2027
Table10 Asia-Pacific: Wearable Display Product Type Market, by Country, 2020–2027
Table11 Middle East & Africa: Wearable Display Product Type Market, by Country, 2020–2027
Table12 Latin America: Wearable Display Product Type Market, by Country, 2020–2027
Table13 Global Wearable Display Technology Market, by Region, 2020–2027
Table14 North America: Wearable Display Technology Market, by Country, 2020–2027
Table15 Europe: Wearable Display Technology Market, by Country, 2020–2027
Table16 Asia-Pacific: Wearable Display Technology Market, by Country, 2020–2027
Table17 Middle East & Africa: Wearable Display Technology Market, by Country, 2020–2027
Table18 Latin America: Wearable Display Technology Market, by Country, 2020–2027
Table19 Global Wearable Display Panel Type Market, by Region, 2020–2027
Table20 North America: Wearable Display Panel Type Market, by Country, 2020–2027
Table21 Europe: Wearable Display Panel Type Market, by Country, 2020–2027
Table22 Asia-Pacific: Wearable Display Panel Type Market, by Country, 2020–2027
Table23 Middle East & Africa: Wearable Display Panel Type Market, by Country, 2020–2027
Table24 Latin America: Wearable Display Panel Type Market, by Country, 2020–2027
Table25 Global Wearable Display Display Size Market, by Region, 2020–2027
Table26 North America: Wearable Display Display Size Market, by Country, 2020–2027
Table27 Europe: Wearable Display Display Size Market, by Country, 2020–2027
Table28 Asia-Pacific: Wearable Display Display Size Market, by Country, 2020–2027
Table29 Middle East & Africa: Wearable Display Display Size Market, by Country, 2020–2027
Table30 Latin America: Wearable Display Display Size Market, by Country, 2020–2027
Table31 Global Wearable Display Vertical Market, by Region, 2020–2027
Table32 North America: Wearable Display Vertical Market, by Country, 2020–2027
Table33 Europe: Wearable Display Vertical Market, by Country, 2020–2027
Table34 Asia-Pacific: Wearable Display Vertical Market, by Country, 2020–2027
Table35 Middle East & Africa: Wearable Display Vertical Market, by Country, 2020–2027
Table36 Latin America: Wearable Display Vertical Market, by Country, 2020–2027
Table37 Europe: Wearable Display Market, by Panel Type
Table38 Asia-Pacific: Wearable Display Market, by Country
Table39 Asia-Pacific: Wearable Display Market, by Product Type
Table40 Asia-Pacific: Wearable Display Market, by Technology
Table41 Asia-Pacific: Wearable Display Market, by Panel Type
Table42 Asia-Pacific: Wearable Display Market, by Display Size
Table43 Asia-Pacific: Wearable Display Market, by Vertical
Table44 Middle East & Africa: Wearable Display Market, by Country
Table45 Middle East & Africa: Wearable Display Market, by Product Type
Table46 Middle East & Africa: Wearable Display Market, by Technology
Table47 Middle East & Africa: Wearable Display Market, by Panel Type
Table48 Middle East & Africa: Wearable Display Market, by Display Size
Table49 Middle East & Africa: Wearable Display Market, by Vertical
Table50 Latin America: Wearable Display Market, by Country
Table51 Latin America: Wearable Display Market, by Product Type
Table52 Latin America: Wearable Display Market, by Technology
Table53 Latin America: Wearable Display Market, by Panel Type
Table54 Latin America: Wearable Display Market, by Display Size
Table55 Latin America: Wearable Display Market, by Vertical
LIST OF FIGURES
FIGURE 1 Global Wearable Display Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Wearable Display Market
FIGURE 4 Value Chain of Global Wearable Display Market
FIGURE 5 Share of Global Wearable Display Market in 2020, by Country (in %)
FIGURE 6 Global Wearable Display Market, 2020–2027
FIGURE 7 Sub-segments of Product Type
FIGURE 8 Global Wearable Display Market Size, by Product Type, 2020
FIGURE 9 Share of Global Wearable Display Market, by Product Type, 2020 to 2027
FIGURE 10 Global Wearable Display Market Size, by Technology, 2020
FIGURE 11 Share of Global Wearable Display Market, by Technology, 2020 to 2027
FIGURE 12 Global Wearable Display Market Size, by Panel Type, 2020 to 2027
FIGURE 13 Share of Global Wearable Display Market, by Panel Type, 2020 to 2027
FIGURE 14 Global Wearable Display Market Size, by Display Size, 2020 to 2027
FIGURE 15 Share of Global Wearable Display Market, by Display Size, 2020 to 2027
FIGURE 16 Global Wearable Display Market Size, by Vertical, 2020 to 2027
FIGURE 17 Share of Global Wearable Display Market, by Vertical, 2020 to 2027