How Display Technologies Are Transforming a Comprehensive Guide
Display technology is constantly evolving to meet the demands of consumers and businesses for better visual experiences. Whether it is for entertainment, gaming, education, or advertising, display technology plays a vital role in delivering immersive and engaging content.
In this blog post, we will explore some of the latest trends and innovations in display technology that are expected to shape the future of this industry in 2023 and beyond.
Latest Display Technologies Trends
Flexible Displays: The Next Frontier of Screen Design
One of the most exciting trends in display technology is the development of flexible displays that can bend, fold, or roll up without compromising their performance or quality. Flexible displays offer many advantages over conventional rigid screens, such as portability, durability, adaptability, and creativity.
For example, flexible displays can be used to create foldable phones that can transform into tablets or laptops, or wearable devices that can conform to the shape of the body.
Flexible displays are made possible by using organic light-emitting diodes (OLEDs) or micro light-emitting diodes (micro LEDs) as the light source. These technologies are self-emissive, meaning they do not require a backlight or a glass substrate to produce light.
Instead, they use thin layers of organic or inorganic materials that emit light when an electric current passes through them. This allows them to be attached to flexible substrates such as plastic or metal foil.
Companies That Leads Flexible Display in Market.
Samsung has launched several foldable phones such as the Galaxy Z Fold and Galaxy Z Flip series, which use OLED displays with ultra-thin glass covers.
LG has also introduced a rollable OLED TV that can retract into a base when not in use.
Huawei has unveiled its Mate X2 foldable phone that uses an inward-folding OLED display.
Royole has developed a flexible sensor technology that can enable touch functionality on any surface.
Report By Grand View Research
According to a report by Grand View Research, the global flexible display market size is expected to reach $59.3 billion by 2027, growing at a compound annual growth rate (CAGR) of 28.1% from 2020 to 2027.
Immersive Displays: The Future of Entertainment and Education
Another trend in display technology is the emergence of immersive displays that can create realistic and interactive environments for users.
Immersive displays can enhance the user experience by stimulating multiple senses such as sight, sound, touch, and even smell. They can also enable new forms of storytelling, learning, and communication.
Immersive displays can be classified into two categories:
Augmented reality (AR)
Virtual reality (VR)
Augmented reality (AR) Vs Virtual reality (VR)
AR displays overlay digital information or graphics onto the real world, while VR displays create an entirely artificial world that users can explore and interact with. Both types of displays require head-mounted devices (HMDs) such as glasses or helmets that track the user’s head movements and eye gaze.
Some of the applications of immersive displays include gaming, entertainment, education, training, tourism, healthcare, and social media. For example, immersive displays can be used to create realistic simulations for training purposes, such as military exercises or medical procedures.
They can also be used to provide immersive entertainment experiences, such as concerts or movies. Moreover, they can be used to enhance learning outcomes by providing interactive and engaging content.
Companies That Leads Immersive Display in Market
Facebook (Oculus)
Sony (PlayStation VR)
HTC (Vive)
Microsoft (HoloLens)
Google (Daydream)
Samsung (Gear VR)
Apple (ARKit)and Magic Leap
Report by Mordor Intelligence
According to a report by Mordor Intelligence, the global immersive display market size is expected to reach $14.8 billion by 2026, growing at a CAGR of 32% from 2021 to 2026.
Digital Signage: The Future of Advertising and Communication
A third trend in display technology is the advancement of digital signage that can deliver dynamic and personalized content to target audiences.
Digital signage refers to electronic displays that can show images, videos, text, or animations on various platforms such as billboards, kiosks, screens, or projectors.
Digital signage can be used for various purposes such as advertising, information dissemination, entertainment, or social interaction.
Roll of AI in Digital Signage
Digital signage is becoming more intelligent and interactive with the help of artificial intelligence (AI), the Internet of Things (IoT), cloud computing, and big data analytics.
These technologies enable digital signage to collect and analyze data from various sources such as sensors, cameras, mobile devices, or social media platforms. This allows digital signage to tailor its content according to the preferences, behaviors, emotions, or locations of the viewers.
For example, digital signage can use facial recognition to identify the age and gender of the viewers and show relevant ads accordingly.
Benefits of Digital Signage
Increased Customer Engagement,
Improved Brand Awareness,
Enhanced Customer Loyalty,
Reduced Operational Costs,
Increased Revenue Generation.
Companies That Lead Digital Signage in Market
Samsung Electronics
LG Electronics
NEC Corporation
Sony Corporation
Panasonic Corporation
Sharp Corporation
Report by Marketsandmarkets
According to a report by Markets and Markets, the global digital signage market size is expected to reach $29.6 billion by 2024, growing at a CAGR of 7.3% from 2019 to 2024.
MicroLEDs: The Future of Display Performance and Quality
A fourth trend in display technology is the innovation of micro LEDs that can offer superior performance and quality compared to other display technologies. MicroLEDs are tiny light-emitting diodes that are smaller than 100 micrometers in size.
They are self-emissive, meaning they do not require a backlight or a color filter to produce light. MicroLEDs have many advantages over other display technologies such as LCDs, OLEDsor QDs.
Advantages of MicroLEDs
Higher Brightness: MicroLEDs can achieve up to 10 times higher brightness than OLEDs, making them suitable for outdoor or bright environments.
Higher Contrast: MicroLEDs can achieve up to 100 times higher contrast than LCDs, making them ideal for displaying dark scenes or colors.
Higher Resolution: MicroLEDs can achieve up to 10 times higher pixel density than OLEDs, making them capable of displaying ultra-high-definition (UHD) images such as 4K or 8K.
Higher Energy Efficiency: MicroLEDs can consume up to 90% less power than LCDs, making them more environmentally friendly and cost-effective.
Higher Reliability: MicroLEDs have a longer lifespan than OLEDs, as they are less prone to degradation or burn-in issues.
Challenges of MicroLEDs
High Manufacturing Cost: MicroLEDs require complex and expensive processes such as mass transfer, assembly, and testing, which increase their production cost.
Low Yield Rate: MicroLEDs have a low yield rate due to defects or errors during fabrication, which reduce their quality and quantity.
Limited Scalability: MicroLEDs have limited scalability due to their small size and high density, which limit their application range and compatibility.
Companies That Lead MicroLEDs in Market
Apple
Samsung
LG
Sony
TCL
Lumiode
Report by Yole Développement
According to a report by Yole Développement, the global micro LED market size is expected to reach $19 billion by 2027.
LCDs: The Future of Display Cost and Energy Efficiency
A fifth trend in display technology is the improvement of liquid crystal displays (LCDs) that can offer lower cost and higher energy efficiency than other display technologies. LCDs are the most widely used display technology in the market, accounting for more than 80% of global display shipments in 2020.
LCDs use liquid crystals that change their orientation when an electric field is applied, allowing them to control the amount of light that passes through a color filter and a backlight. LCDs have many advantages over other display technologies such as OLEDs, micro LEDs, or QDs.
Advantages of LCDs
Lower Cost: LCDs are cheaper to produce than OLEDs, micro LEDs, or QDs, as they use mature and standardized manufacturing processes and materials.
Higher Energy Efficiency: LCDs consume less power than OLEDs, microLEDs, or QDs, as they use a backlight that can be dimmed or turned off when displaying dark scenes or colors.
Higher Reliability: LCDs have a longer lifespan than OLEDs, as they are less susceptible to degradation or burn-in issues.
Challenges of LCDs
Lower Brightness: LCDs have lower brightness than OLEDs, micro LEDs, or QDs, as they use a backlight that reduces the contrast and color gamut of the display.
Lower Resolution: LCDs have lower resolution than OLEDs, micro LEDs, or QDs, as they use a color filter that reduces the pixel density and sharpness of the display.
Lower Flexibility: LCDs have lower flexibility than OLEDs, micro LEDs, or QDs, as they use a glass substrate that limits their shape and size.
Companies That Leads LCDs in Market
Samsung Electronics
LG Electronics
BOE Technology
AU Optronics
Innolux
Report by Research and Markets
According to a report by Research and Markets, the global LCD market size is expected to reach $131.7 billion by 2026, growing at a CAGR of 4.3% from 2021 to 2026.
Projection Technologies: The Future of Display Scalability and Versatility
A sixth trend in display technology is the evolution of projection technologies that can offer scalability and versatility for various applications. Projection technologies use light sources such as lasers, LEDs, or lamps to project images or videos onto surfaces such as walls, screens, or floors.
Projection technologies have many advantages over other display technologies such as LCDs, OLEDs, micro LEDs, or QDs.
Projection Technologies Advantages
Higher Scalability: Projection technologies can achieve larger screen sizes than LCDs, OLEDs, micro LEDs, or QDs, as they do not depend on the physical dimensions of the display panel.
Higher Versatility: Projection technologies can adapt to different shapes and surfaces than LCDs, OLEDs, micro LEDs, or QDs, as they do not require a flat or rigid substrate to display images.
Higher Interactivity: Projection technologies can enable touch or gesture-based interaction with the projected images or videos, as they can use sensors or cameras to detect user inputs.
Challenges of Projection Technologies
Lower Brightness: Projection technologies have lower brightness than LCDs, OLEDs, micro LEDs, or QDs, as they depend on the ambient light conditions and the reflectivity of the projection surface.
Lower Resolution: Projection technologies have lower resolution than LCDs, OLEDs, micro LEDs, or QDs, as they depend on the distance and angle between the projector and the projection surface.
Lower Energy Efficiency: Projection technologies consume more power than LCDs, OLEDs, microLEDs, or QDs, as they use high-intensity light sources that generate heat and noise.
Companies That Leads Projection Technology in Market
Epson
Sony
Panasonic
Optoma
BenQ
Report by Allied Market Research
According to a report by Allied Market Research, the global projection technology market size is expected to reach $25.1 billion by 2027, growing at a CAGR of 18.1% from 2020 to 2027.
OLEDs: The Future of Display Contrast and Color
A seventh trend in display technology is the enhancement of organic light-emitting diodes (OLEDs) that can offer high contrast and color for various applications. OLEDs are self-emissive display technologies that use organic materials that emit light when an electric current passes through them.
OLEDs do not require a backlight or a color filter to produce light, unlike LCDs. OLEDs have many advantages over other display technologies such as LCDs, micro LEDs, or QDs.
Advantages of OLEDs
Higher Contrast: OLEDs can achieve infinite contrast ratios by turning off individual pixels when displaying black scenes or colors, unlike LCDs that use a backlight that reduces the contrast and color gamut of the display.
Higher Color: OLEDs can achieve wider color gamuts by using different organic materials for each subpixel (red, green, blue), unlike LCDs that use a color filter that reduces the pixel density and sharpness of the display.
Higher Flexibility: OLEDs can achieve higher flexibility by using plastic substrates instead of glass substrates, unlike LCDs that use rigid substrates that limit their shape and size.
Challenges of OLEDs
Higher Cost: OLEDs are more expensive to produce than LCDs, micro LEDs, or QDs, as they use complex and sensitive manufacturing processes and materials.
Lower Energy Efficiency: OLEDs consume more power than LCDs, micro LEDs, or QDs, as they use organic materials that degrade over time and require higher voltages to operate.
Lower Reliability: OLEDs have a shorter lifespan than LCDs, micro LEDs, or QDs, as they are prone to degradation or burn-in issues due to exposure to oxygen, moisture, or heat.
Companies That Leads OLEDs in Market
Samsung Electronics
LG Electronics
BOE Technology
AU Optronics
Universal Display Corporation.
Report by Fortune Business Insights
According to a report by Fortune Business Insights, the global OLED market size is expected to reach $65.7 billion by 2028, growing at a CAGR of 20.3% from 2021 to 2028.
Quantum Dots: The Future of Display Brightness and Efficiency
An eighth trend in display technology is the innovation of quantum dots (QDs) that can offer high brightness and efficiency for various applications.
QDs are nanoscale semiconductor particles that emit light when excited by an external source such as an LED or a laser. QDs can be tuned to emit different colors depending on their size and shape. QDs have many advantages over other display technologies such as LCDs, OLEDs, or micro LEDs.
Advantages of QDs
Higher Brightness: QDs can achieve higher brightness than LCDs, OLEDs, or microLEDs, as they have higher quantum efficiency and photoluminescence properties.
Higher Color: QDs can achieve wider color gamuts than LCDs, OLEDs, or micro LEDs, as they can emit pure and saturated colors with narrow emission spectra.
Higher Energy Efficiency: QDs can consume less power than LCDs, OLEDs, or microLEDs, as they can convert more electrical energy into light energy with less heat loss.
Challenges of QDs
Higher Cost: QDs are more expensive to produce than LCDs, OLEDs, or micro LEDs, as they require sophisticated synthesis and deposition methods and materials.
Lower Stability: QDs are less stable than LCDs, OLEDs, or micro LEDs, as they are sensitive to oxygen, moisture, or heat degradation.
Lower Scalability: QDs have more insufficient scalability than LCDs, OLEDs, or micro LEDs, as they face challenges in achieving uniformity and alignment across large areas.
Companies That Leads QDs in Market
Samsung Electronics
Nanosys
Nanoco Technologies
Quantum Materials Corporation
Nanophotonic
Report by Grand View Research
According to a report by Grand View Research, the global QD market size is expected to reach $11.4 billion by 2027, growing at a CAGR of 24.6% from 2020 to 2027.
Laser-based Display Technology: The Future of Display Resolution and Quality
A ninth trend in display technology is the development of laser-based display technology that can offer high resolution and quality for various applications. Laser-based technology can offer high resolution and quality for various applications.
Laser-based display technology uses lasers as the light source to project images or videos onto surfaces such as screens, walls, or floors.
Laser-based display technology has many advantages over other display technologies such as LCDs, OLEDs, micro LEDs, or QDs.
Advantages of Laser-Based Display:
Higher Resolution: Laser-based display technology can achieve higher resolution than LCDs, OLEDs, micro LEDs, or QDs, as they can project images with finer details and sharpness.
Higher Quality: Laser-based display technology can achieve higher quality than LCDs, OLEDs, micro LEDs, or QDs, as they can project images with richer colors and wider dynamic range.
Higher Efficiency: Laser-based display technology can consume less power than LCDs, OLEDs, micro LEDs, or QDs, as they use lasers that have higher luminous efficacy and lower heat generation.
Challenges of Laser-Based Display Technology:
Higher Cost: Laser-based display technology is more expensive to produce than LCDs, OLEDs, micro LEDs, or QDs, as they require advanced and costly laser components and optics.
Higher Safety: Laser-based display technology poses higher safety risks than LCDs, OLEDs, micro LEDs, or QDs, as they use lasers that can cause eye damage or fire hazards if not properly handled or regulated.
Lower Compatibility: Laser-based display technology has lower compatibility than LCDs, OLEDs, micro LEDs, or QDs, as they face challenges in integrating with existing display standards and devices.
Companies That Leads Laser-Based Display Technology in Market
Sony
Epson
Barco
Report by Market Research Future
According to a report by Market Research Future, the global laser-based display technology market size is expected to reach $8.9 billion by 2023, growing at a CAGR of 18.2% from 2018 to 2023.
Conclusion
Display technology is one of the most dynamic and innovative fields in the tech industry. It significantly impacts various sectors and applications such as entertainment, gaming, education, advertising, and communication.
In 2023, we can expect to see more trends and innovations in display technology that will offer better visual experiences for users. Some of these trends and innovations include flexible displays, immersive displays, digital signage, micro LEDs, LCDs, projection technologies, OLEDs, quantum dots, and laser-based display technology.
If you are interested in learning more about these trends and innovations, or if you want to find out how they can benefit your business or industry, please contact us today. We are a team of experts in display technology research and analysis, and we can help you discover the best solutions for your needs. We look forward to hearing from you soon!
