Latest News- E-Paper Display (EPD) Market: E-readers is expected to lead the Application segment during 2024-2028

The E-Paper Display (EPD) Market is being driven by Growing use of e-books

The E-Paper Display (EPD) Market is expected to grow at a CAGR of 32.14% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 15310.7 million. The E-Paper Display (EPD) market has witnessed significant advancements, leading to the emergence of flexible, full-color EPDs. This innovation is facilitated by plasmonic metasurfaces, which feature minute cells that respond to slight voltage changes. Unlike conventional displays, these do not emit light but rather reflect external illumination, performing optimally in bright conditions. The color reflection is manipulated by subtly altering the metasurface's structure. By adjusting the plasmonic metasurface's formation, we can produce colors such as red, green, and blue. This cutting-edge technology offers numerous benefits, including power efficiency and exceptional visibility in various lighting conditions. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • E-readers
  • Mobile displays
  • Public displays
  • Wearables
  • Others
• Type
  • Flexible EPDs
  • Curved EPDs
  • Foldable EPDs
  • Flat EPDs
• Geography
  • North America
    • US
  • APAC
    • China
    • South Korea
  • Europe
    • UK
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing use of e-books
• Energy efficiency of EPDs
• Glare or light pollution-free nature of EPDs

However, the market also witnesses some limitations, which are as follows:

• Difficulties in supporting animations in EPD
• Lack of color range in EPDs
• Low refresh rates in EPDs

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Market Scope in E-Paper Display (EPD) Market Research Report

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Research Analysis Overview

The E-Paper Display (EPD) market encompasses various applications such as electronic readers, retail signs, transport information systems at bus stops and rail stations, and IoT devices. Key players include E Ink Holdings and Papercast. Monochrome and color E-Paper Displays are used for e-newspapers, smartwatches, and portable signs. These displays offer energy efficiency, long battery life, and low power consumption, making them ideal for such applications. In contrast to LEDs and LCDs, E-Paper Displays use electronic ink and electrophoretic technology, providing a paper-like reading experience. Foldable displays and electronic ink are also gaining popularity in the market.

Market Research Overview

The global electronic equipment and instruments market encompasses manufacturers of various products, including communications equipment, technology hardware and peripherals, electronic components, consumer electronics, and industrial electronics. Notable players in the EPD segment are E Ink Holdings and Papercast. According to Technavio, market growth will be driven by the escalating demand for electronic test and measurement equipment. This demand is fueled by technological advancements and digital transformation in sectors such as semiconductors, automotive, IT, consumer electronics, industrial, energy, and medical devices. Consequently, the EPD market, which includes electronic readers and display devices used in retail, transport, bus stops, and rail information boards, is poised for significant expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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