| WILMINGTON, Del.– According to a new | | | | applications such as industrial, advertisement and |
| market research report, ‘Global | | | | public information, entertainment and consumer |
| Next-Generation Display Market (2009 - 2014)', | | | | electronics. The touch screen display market is |
| published by MarketsandMarkets | | | | estimated to be $2.3 billion in 2014. |
| (marketsandmarkets.com), the total global | | | | Low labor cost and early initiatives have made |
| next-generation display market is expected to be | | | | Asia the dominant player in the next-generation |
| worth US$16.9 billion by 2014, out of which the | | | | display market. In 2009, the market share is |
| Asia market will account for nearly 42% of the | | | | estimated to be 52% with a size of $3.7 billion. |
| total revenues. The global market is expected to | | | | Furthermore, Asia's large LED and OLED |
| record a CAGR of 20% from 2009 to 2014 | | | | supplier-base also helps in making the |
| Environmental concerns are driving the need for | | | | manufacturing of these displays cost effective. |
| greener and low-power-consuming display | | | | Europe is expected to have the second-highest |
| systems. Efficient and advanced display systems | | | | market for next-generation displays. However, |
| with enhanced image quality and lower power | | | | large consumer base of next- generation display |
| consumption is the need of the hour. | | | | devices in the U.S. and Europe makes them the |
| In the next-generation display market, 2D one | | | | most attractive market for display components |
| sided display market is the largest segment; and | | | | and device manufacturers. |
| is expected to reach US$8.4 billion by 2014 at a | | | | Scope of the report |
| CAGR of 11.5%. The high market size of 2D one | | | | This report, aims to identify and analyze display |
| sided display is mainly due to its low power | | | | products that consume less power compared to |
| consumption and applicability in wide range of | | | | average LCD, CRT and plasma display. |