Electronic paper, also known as "e-paper," has become increasingly popular in recent years. The following research reports analyze the global e-paper market, revealing insight into this ever-growing industry.
The term "e-paper" is somewhat confusing because it's not paper at all. Instead, e-paper is a type of electronic display that's designed to project the appearance of regular ink on paper.
So, what's the difference between an e-paper display and a backlit flat panel display? While backlit flat panel displays project light, e-paper displays reflect light, similar to paper. Among other things, this makes e-paper displays better suited for reading, as they minimize glare while producing a high level of visibility in the process.
The World e-Paper Market Research 2021 report by ReportsWeb offers a professional and in-depth analysis of the global e-paper market. Among other things, this report explores the market's trends, drivers, challenges, revenue, growth, profitability and more. In essence, this is a complete and comprehensive study of the global e-paper market.
While this report covers the entire global market, it focuses on regions in which e-paper is widely consumed, including USA, Europe, Japan, China, India, and South East Asia. Some of the key e-paper vendors profiled in this report include E Ink, OED, Liquavistar, Plastic Logic, Pervisive Displays, LG.Philips, FET, Adt AG, ITRI, Qualcomm, and Transcend Optronics.
According to the E-Paper Display Market by Product (Auxiliary Displays, Electronic Shelf Labels, E-Readers, and Others) and Application (Automotive & Transportation, Consumer & Wearable Electronics, Institutional, Media & Entertainment, Retail & Enterprise ) - Global Opportunity Analysis & Industry Forecast, 2014 - 2022 report by Allied Market Research, the global e-paper display market is expected to grow at a compound annual growth rate (CAGR) of approximately 37.5% through the forecast period. So, what's fueling the market's projected growth?
The report cites several market drivers, some of which include new technological advances, emerging applications, a positive impact on the environment, and advantages over traditional displays. Additionally, there's a lower cost associated with manufacturing e-paper display, which will likely help the market grow in the years to come.
These are just a few of the many drivers affecting the e-paper display market. On the other hand, however, the low refresh rate associated with e-paper displays and the limited color options may inhibit its growth. In the report, researchers cite North America as accounting for the largest share of the e-paper display market in 2015. This trend isn't expected to go away anytime soon, either. On the contrary, North America's regional segment of the market is expected to reach $1,339 million by 2022, making it the leading region for the market. Some of the factors attributed to North America's increasing usage of e-paper displays include a high disposable income and high adoption rate.