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Blogs   -   Curved Display Devices Market – Technological Advancements are Expected to Lead the Market Growth – Growing at a Compound Annual Growth Rate (CAGR) 16.2% from 2022 to 2028

Vantage Market Research | 22 Jul 2022

Technology & Media

Curved Display Devices Market – Technological Advancements are Expected to Lead the Market Growth – Growing at a Compound Annual Growth Rate (CAGR) 16.2% from 2022 to 2028

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As stated in our extensive report, the Global Curved Display Devices Market accounted for USD 5.4 Billion in the year 2021.

The curved display device consists of a display panel with a display area, where the maximum number of pixel units is discarded.

The display area includes:

  • The first bend line.
  • Crossing the first side and second bend line.
  • Crossing the second side.
  • Crossing the first direction at right angles.
  • Bending along the first and second bend lines.

In today's rapidly changing world, curved display technology is relatively new compared to the electronic display market and has gained substantial interest among users. In addition, curved displays are starting to seem on the market on a much smaller scale with televisions and cellular telephones. On televisions and mobile phones, the curved display screen produces an on-screen photo and presents a broader view than the usual flat screen.

The main elements for the market growth of curved devices include stepped-forward virtual advertising and the want for OLED display screen technology on smart 10;Furthermore, the increasing pixel density and call for clean-to-use and outstanding show devices are estimated to further the marketplace boom of curved show devices worldwide. In addition, technological advances in the electronic exhibition in various developed countries will promote the global machine tool market growth during the forecast period.

However, the high cost of curved machinery is a significant factor that might delay market expansion in the coming years. In addition, the availability of cheap products from regional players is about to hamper the development of the target market to some extent.

Technological advances by significant players and the development of less expensive products will offer lucrative opportunities for companies that are operating in the target market at the time of forecasting. In addition, the growing integration and acquisition activities between regional and international players to expand the customer base will continue to support market growth.

Geographically, the global market for trait-enhanced oils can be segmented into seven regions, namely .

Some of the key players in the Global Curved Display Devices Market include- Samsung Electronics, LG Display Co. Ltd., Sony Corporation, Acer Inc. Toshiba Corporation, Panasonic, HP, VU Technologies, TCL Corporation, Japan Display Inc. and others.

Technology & Media

Curved Display Devices Market – Technological Advancements are Expected to Lead the Market Growth – Growing at a Compound Annual Growth Rate (CAGR) 16.2% from 2022 to 2028

22 Jul 2022

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Historical Data | Base Year 

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Global Curved Display Devices 056704 Market Forecast (2025-2035)