Global Monochrome Display Market- Industry Analysis and Forecast (2019-2027)
Global monochrome display market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 13% during the forecast period.
Global Monochrome Display Market
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Global monochrome display market Definition
The monochrome display is a display technology that only displays a few colours with numerous shades. These displays are easy to implement and need simple drive electronics design. It is widely used in monochrome electronic devices such as computers.
Global monochrome display market Dynamics
Monochrome displays are most cost-effective and are designed to meet more demanding and specific requirements, thus the high adoption of monochrome displays in various electronics devices is a major driving factor behind the growth of the market. Growing adoption of monochrome display based computers in computerized cash register systems, growing technological advancements in display technology, wide-scale adoption of LCD and LED monochrome display, increasing demand of monochrome graphic display for gaming purpose and growing requirements for energy-efficient cost-efficient display technology are expected to improve the growth of the market during the forecast period.
Nevertheless, the extremely high intensity of the monochrome display screen is a major restraining factor that could hamper the growth of the market.
Global Monochrome Display Market: Segmentation Analysis
By display type, LCD and LED display segment have dominated the market in 2019 and are projected to witness fast growth at CAGR of XX% during the forecast period. LCD monochrome displays are flat panel displays and are widely used in various electronic devices such as digital clock, calculators, digital cameras, watches, computers, mobile phones, video game devices DVD players, and laptops. An LCD monochrome display provides some benefits such as low power consumption, small size, and energy efficiency, which make them more demandable in the monochrome display market. Moreover, the rising implementation of LCD monochrome displays in car dashboards is impelling the growth of the market.
Global Monochrome Display Market: Regional Analysis
Region-wise, North America held the largest market share in 2019 and is expected to witness high growth at CAGR of XX% during the forecast period. The US and Canada are major key contributors behind the growth of the market. The growth is attributed to the rapid adoption LCD, CRT, and graphic monitor displays in a variety of industries, high adoption of the latest technologies, and growing market for display controllers.
Increasing government funding in the display technology and increasing adoption of LCD monochrome displays in the electronics and automotive industry is driving the growth of the market in the region.
Global Monochrome Display Market: Key Development
In Nov 2017, EIZO Inc announced that the company’s Hybrid Gamma PXL function, which improves the efficiency of monochrome and colour image interpretation, is available on more models.
In Nov 2019, EIZO Inc. announced the release of the RadiForce RX1270, a 30.9-inch, super-high-resolution 12-megapixel colour monitor ideal for multi-modality medical applications.
The objective of the report is to present a comprehensive analysis of the Global Monochrome Display Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Monochrome Display Market dynamics, structure by analyzing the market segments and projects the Global Monochrome Display Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Monochrome Display Market make the report investor’s guide.
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The Scope of Global Monochrome Display Market: Inquire before buying
Global Monochrome Display Market, By Display Type
• CRT Display
• LCD Display
• LED Display
Global Monochrome Display Market, By Screen Type
• Green Screen
• White Screen
• Amber Screen
Global Monochrome Display Market, By Industry
• Consumer Electronics
Global Monochrome Display Market, By Region
• North America
• Asia Pacific
• South America
• Middle East & Africa
Global Monochrome Display Market, Key Players
• Eizo Corporation
• Richardson Electronics Ltd
• Blaze display technology Co. Ltd
• Microtips Technology LLC
• Tianma Microelectronics Co. Ltd
• Ampronix Inc
• JVC Kenwood Corporation
• Shelly Inc
• AZ Displays
• Raystar Optronics
• Lom LCD Displays
• Japan Display
• WiseChip Semiconductor
• Shenzhen Hot Display Technology
• WINSTAR Display Co., Ltd
• RAYSTAR OPTRONICS, INC
• GTK UK LTD
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