Electronic Paper Display Market

The Electronic Paper Display Market is projected to grow at a CAGR of 15.1% during the forecast period, 2022-2029.

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Market Dynamic

Key Drivers and Emerging Trends

Growing demand for display technologies in consumer electronics that include fitness trackers and smartwatches, rising number of electronic readers, and the increasing development of user friendly display devices for on-the-move information are some of the prominent factors that are expected to drive the growth of the electronic paper display market during the forecast period. In addition, surging adoption of e-paper display for several applications that includes education and training, electronic wearables, interior designing, public transportation, gas stations, museums, retail, and smart homes is further accelerating the market growth.

E-paper display provides various advantages including are paper-like readability, lower power consumption, multiple sizes availability, all indoor and outdoor displays, high-resolution, and no glare visibility to the users. Furthermore, the growing awareness to save trees by replacing papers with e-paper display devices for reading and documentation tasks and the availability of sustainable solar and battery-powered e-paper displays are anticipated to boost the market growth in the coming years. The increasing development of colour e-paper displays such as Print Color E-paper and Kaleido by E Ink Holdings Inc. is projected to provide lucrative growth opportunities to the e paper display market.

Restraint in the Electronic Paper Display Market

However, the high cost of manufacturing and several drawbacks of electronic paper displays that includes low refreshing rate, lack of fast-changing displays, and low memory are expected to hamper the growth of the market. Additionally, increasing concerns of consumers pertaining to hacking and piracy is further restraining the market growth.

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Technology – Segment Analysis

Based on the technology, the electrophoretic segment is anticipated to grow at a higher CAGR during the forecast period. This can be attributed to the thin display of electrophoretic e-paper, low-power consumption, long battery life, and the screen relies on the reflection of light, and the display which can be viewed even in direct sunlight. Moreover, these electrophoretic displays are increasingly used in watches, cell phones, dynamic keypads, and e-readers such as Amazons Kindle and Sony Reader.

Application – Segment Analysis

Based on the application, the transportation segment is anticipated to dominate the market over the forecast period owing to the use of electronic paper displays for providing vital commuter information including real time bus arrival information, maps, schedules, and landmark location in all lighting conditions across the world. For instance, the digital e-ink sign display, E-Tela developed by GDS S.p.a is a solar powered solution for signage at bus stops, train stations, gas stations, retail shops, museums and government buildings, among others.

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Regional – Segment Analysis:

Based on the region, Asia-Pacific region is expected to lead the global electronic paper display market during the forecast period primarily due to the surging adoption of e-display in transportation information system, and rising demand of wearable electronic devices in the region. The presence of various leading players including E Ink Holdings Inc., Plastic Logic HK Ltd., Toppan Printing Co., Ltd., and Industrial Technology Research Institute in the region is further expected to stimulate the growth of the market.

Top Market Players

Various notable players operating in the market include E Ink Holdings Inc., GDS S.p.a, Plastic Logic HK Ltd., CLEARink Displays, Inc., Toppan Printing Co., Ltd., Pervasive Displays, Inc., Aveso Group, Dalian Good Display Co., Ltd., Industrial Technology Research Institute, and Sony Corporation, among others. 

Key Developments:

• • In 2020, E Ink Holdings Inc. partnered with China-based Yiwu Qing Yue Optoelectronics. With this partnership, Yiwu Qing Yue will assemble Electronic Shelf Labels (ESL) modules based on E Ink displays for the retail market and help in strengthening the company’s customer reach in Chinese market.
  • In 2020, E Ink Holdings Inc., one of the leading providers of electronic ink technology, announced the expansion of its color ePaper offerings with the introduction of a new technology, Print Color, for eReader and eNote applications. This technology is developed for addressing applications within the signage, education, retail, and consumer electronics.

Segments covered in the Report:

The global Electronic Paper Display Market has been segmented on the basis of technology, application, and regions. Based on technology, the market is segmented into electrophoretic, electrochromic, electrowetting, cholesteric LCD (CH-LCD), and others. Based on application, the market is segmented into consumer electronics, retail, medical, transportation, and others. 

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Key questions answered in this research report:

• • At what pace is global Electronic Paper Display Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Electronic Paper Display Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Electronic Paper Display Market?
  • Which technology generated maximum revenues in 2021 and identify the most promising technology during the forecast period?
  • What are the various application areas of global Electronic Paper Display Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2021)	USD Million
Market Base Year	2021
Market Forecast Period	2022-2029
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Technology, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	E Ink Holdings Inc., GDS S.p.a, Plastic Logic HK Ltd., CLEARink Displays, Inc., Toppan Printing Co., Ltd., Pervasive Displays, Inc., Aveso Group, Dalian Good Display Co., Ltd., Industrial Technology Research Institute, and Sony Corporation, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Electronic Paper Display Market by Technology

• • Electrophoretic
  • Electrochromic
  • Electrowetting
  • Cholesteric LCD (CH-LCD)
  • Others

Global Electronic Paper Display Market by Application

• • Consumer Electronics
  • Retail
  • Medical
  • Transportation
  • Others

Global Electronic Paper Display Market by Region

• • North America Electronic Paper Display Market (Option 1: As a part of the free 25% customization)
    • By Technology
    • By Application
    • US Market All-Up
    • Canada Market All-Up
  • Europe Electronic Paper Display Market (Option 2: As a part of the free 25% customization)
    • By Technology
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Electronic Paper Display Market (Option 3: As a part of the free 25% customization)
    • By Technology
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Electronic Paper Display Market (Option 4: As a part of the free 25% customization)
    • By Technology
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Electronic Paper Display Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • E Ink Holdings Inc.
  • GDS S.p.a
  • Plastic Logic HK Ltd
  • CLEARink Displays, Inc.
  • Toppan Printing Co., Ltd.
  • Pervasive Displays, Inc.
  • Aveso Group
  • Dalian Good Display Co., Ltd.
  • Industrial Technology Research Institute
  • Sony Corporation