Low Power Next Generation Display Market

Low Power Next Generation Display Market Outlook (2024 to 2034)

As per the newly published report by Fact.MR, the overall revenue of the global low power next generation display market is estimated at US$ 133.34 billion in 2024 and is projected to increase at a 6% CAGR to touch a value of US$ 239.73 billion by 2034-end.

Low-power displays are becoming more common in smart home technologies, such as control panels, mirrors, and thermostats as these technologies provide high-quality, interactive images with minimum energy use.

The necessity of lightweight and power-efficient screens is increasing as the demand for augmented reality (AR) and virtual reality (VR) applications continues to increase. For immersive experiences, technologies, such as OLED and Micro-LED provide excellent resolution, quick response times, and lower energy consumption.

A key low power next generation display market trend is the growing investment of several companies into research and development activities to improve efficiency, resolution, and scalability. Continuous ongoing innovations in OLED, Micro-LED, and flexible display technologies are driving up the adoption of these products in several industrial applications, including consumer electronics, automotive, and others.

Key Market Growth Drivers

• One of the key factors contributing to the low power next generation display market size expansion is the growing demand for energy-efficient gadgets, particularly in portable electronics.
• Utilization of low power displays is increasing in the latest gadgets as they maximize the battery life of products, such as laptops, tablets, smartphones, and others. Devices with low power are satisfying user demands for extended operating periods without sacrificing functionality.
• Compared to conventional LCDs and OLED (Organic Light Emitting Diode) displays, low power next generation ones offer better brightness, contrast, and energy efficiency, due to this reason, their use is increasing in several devices.
• Manufacturers of electronics, such as wearables, TVs, smartphones, and others are finding low power next generation displays perfect for devices because of their capacity to selectively light pixels, which lowers power consumption.
• Fact.MR in its newly published low power next generation display industry analysis opined that micro-LED technology offers superior brightness and power efficiency. Demand is expanding because of their quick acceptance of smartwatches, AR/VR gadgets, and car screens, especially in energy-sensitive applications.
• Rising adoption of smartwatches, fitness trackers, AR/VR headsets, and others are driving the demand for low power next generation displays. Energy-efficient displays, such as e-Paper and micro-LED prolong battery life without sacrificing high-resolution images.
• The automotive sector is widely incorporating next-generation displays for heads-up displays (HUDs), digital dashboards, and infotainment systems. Use is primarily increasing for electric vehicles as they need to have low power consumption and these displays are helping to make the best use of energy and improve user experiences.

Report Attribute	Detail
Low Power Next Generation Display Market Size (2024E)	US$ 133.34 Billion
Forecasted Market Value (2034F)	US$ 239.73 Billion
Global Market Growth Rate (2024 to 2034)	6% CAGR
North America Market Value (2024E)	US$ 44.94 Billion
East Asia Market Growth Rate (2024 to 2034)	7.1% CAGR
Quantum Dot Displays (QD-LEDs) Segment Value (2034F)	US$ 73.12 Billion
Consumer Electronics Segment Value (2034F)	US$ 69.04 Billion
Key Companies Profiled	Intel; NVIDIA; Samsung Electronics; Konica Minolta, Inc.; Texas Instruments; STMicroelectronics; NXP Semiconductors; Analog Devices; Cypress Semiconductor; Skyworks Solutions; Infineon Technologies; ARM Holdings; Broadcom; Renesas Electronics

Which Aspects are Leading to Extensive Adoption of Low Power Next Generation Displays?

“Rising Adoption of Fitness Trackers, AR/VR Headsets, and Smartwatches Driving Demand”

Growing popularity of smartwatches, fitness trackers, AR/VR headsets, and others is raising the demand for low-power displays that offer longer battery life without losing performance. These types of wearable gadgets use small and light screens that provide crisp and high-quality images with little power consumption.

Requirement for innovative display solutions is increasing because consumers are expecting their wearable to function flawlessly for an extended period.

Proficient analysts at Fact.MR in their low power next generation display industry outlook mentioned that due to their remarkable energy economy and visual performance, technologies, such as e-Paper and micro-LED are becoming more popular.

Because e-Paper displays require very little power for displaying material, they are perfect for fitness trackers and other static display applications. On the other hand, micro-LED technology is considered appropriate for smartwatches and AR/VR headsets that need dynamic and high-resolution images with minimal energy consumption as it provides better brightness, vibrant colors, and quick response time.

What Challenges are Faced by Low Power Next Generation Display Producers?

“High Production Costs and Challenges in Achieving Color Accuracy and Resolution in Developing Displays”

The low power next generation display market growth is hindered by several aspects, primarily because of limitations related to current technologies and production costs. Advanced display technologies, such as micro-LED and flexible OLED, carry excessive manufacturing costs, making it difficult for small manufacturers to enter the market and limiting the acceptance of low power displays by the general public.

There are also significant technical hurdles in achieving desirable color accuracy and resolution in e-Paper and emerging technologies, including for dynamic application use, as high refresh rates are typically required.

In the low power next generation display industry outlook, it has been mentioned that all these factors, along with the need for further research and development to increase efficiency are negatively affecting the market growth.

Country-wise Insights

The North American region is estimated to account for 33.7% of the worldwide low power next generation display market share in 2024. Reasons behind the leading position are the high demand for digital signage, e-Papers, electronic shelf labels, and others, as opined in the newly published low power next generation display industry analysis.

Well-known companies, such as Amazon Kindle and a tech-savvy populace are advantages for the North American region. Demand is further driven by the growing utilization of energy-efficient display technologies in smart infrastructure, retail, education, and other fields.

Why is the United States Considered a Primary Market for Low Power Next Generation Displays in North America?

“High Integration Rate in Automotive Sector, Primarily in Electric Vehicles”

Attribute	United States
Market Value (2024E)	US$ 32.85 Billion
Growth Rate (2024 to 2034)	6.7% CAGR
Projected Value (2034F)	US$ 63 Billion

Demand for low power next generation displays is high in the United States because of the well-established automotive sector. Automotive manufacturers are widely adopting these displays for several applications, including digital dashboards, head-up displays (HUDs), infotainment systems, and others.

Utilization of low power displays is increasing in this sector as they offer high-resolution visuals and dynamic interfaces, which help in enhancing the overall in-car experience.

With the growing intelligence of vehicles and their connectivity, the increasing demand is for multifunctional displays that are highly energy-efficient, ranging from navigation to entertainment. One aspect of display energy that is critical to electric vehicles is the low power consumption needed for energy optimization.

Feature-rich loads in electric vehicles are generally dependent on battery life, and due to this, the use of low power next generation displays is increasing in the United States.

Why is the Demand for Low Power Next Generation Displays Increasing in China?

“Government Investing in Energy-Efficient Technologies and Smart City Projects”

Attribute	China
Market Value (2024E)	US$ 21.91 Billion
Growth Rate (2024 to 2034)	7.3% CAGR
Projected Value (2034F)	US$ 44.39 Billion

The government in China is making substantial investments in smart city projects and energy-efficient technologies as part of its broader push toward sustainability. This includes the adoption of low-power displays in applications, such as digital signage, e-Readers, and several smart devices.

Government policies that promote green technology and focus on reducing energy consumption are driving demand for energy-efficient solutions, particularly in urban infrastructure and consumer electronics in China. By encouraging the use of low-power next generation displays, the government aims to improve energy efficiency across sectors, supporting the country’s goals for sustainability and environmental responsibility.

Category-wise Insights

Based on type, demand for organic light-emitting transistors is projected to increase at a noteworthy CAGR of 7.7% between 2024 to 2034 due to a growing trend toward energy efficiency and sustainability. These displays are consuming less power in comparison to several other displays, due to this; their adoption is increasing at a quick pace.

Why is Demand for Quantum Dot Displays (QD-LEDs) High Compared to Other Types?

“Exceptional Color Accuracy and Brightness Making them Ideal Choice in High-end Professional Applications”

Attribute	Quantum Dot Displays (QD-LEDs)
Segment Value (2024E)	US$ 41.47 Billion
Growth Rate (2024 to 2034)	6.5% CAGR
Projected Value (2034F)	US$ 73.12 Billion

Compared to other types of low power next generation displays, demand for quantum dot displays is high due to their exceptional color accuracy, brightness, energy efficiency, and others. The color spectrum becomes even broader through QD-LEDs, which apply quantum dots to produce more saturated and all-around uniform colors that are advantageous for consumer devices as well as high-end professional applications, including graphic design and cinematography.

A key plus of QD-LEDs is their intensity with less power; this is more significant for portable and mobile electronic devices where battery life counts. Hence, in an increasingly competitive display market, QD-LED technology continues to occur as a reliable technology since manufacturers also focus more on performance and sustainability.

Why is Utilization of Low Power Next Generation Displays High in Consumer Electronics?

“OLED, Micro-LED, and e-Paper Displays Gaining Popularity among Consumer Electronics Users”

Attribute	Consumer Electronics
Segment Value (2024E)	US$ 39.87 Billion
Growth Rate (2024 to 2034)	6.8% CAGR
Projected Value (2034F)	US$ 69.04 Billion

Application of low power next generation displays is high in consumer electronics compared to other fields these days; there is a growing demand for energy-efficient devices with high image quality and battery longevity.

Consequently, OLED, micro-LED, and e-Paper display technologies are witnessing an increase in demand among consumers, who regard energy efficiency as critical in their consumption of smartphones, tablets, wearable technologies, and even smart televisions.

Low power next generation screens are becoming crucial in determining the purchasing choices of consumers, especially for portable electronics requiring long battery life. Therefore, consumer electronics continues to lead the market through continuous innovations in display technologies and applications integrated into a wide range of electronic devices.

Competitive Landscape

Key players in the low power next generation display market are making investments in research and development activities to improve display technologies, including OLED, micro-LED, and e-Papers. They are differentiating their products and satisfying increasing demand for energy-efficient solutions by producing displays with increased performance, resolution, energy efficiency, and others.

• In June 2024, Samsung Electronics unveiled its award-winning digital signage range, which now includes SmartThings Pro and next-generation display technology. The statement was made as part of the company's attendance at InfoComm, the prevalent trade event for the professional audio-visual sector in North America, which took place in Las Vegas.
• In March 2024, the CA-527, a color analyzer designed to assess constantly changing advanced displays, such as OLEDs and microLEDs, was introduced by Konica Minolta, Inc. (Konica Minolta).

Fact.MR provides detailed information about the price points of key manufacturers of low power next generation displays positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.

Segmentation of Low Power Next Generation Display Market Research

• By Type :

  • Quantum Dot Displays (QD-LEDs)
  • Field Emission Displays (FEDs)
  • Laser Phosphor Displays (LPDs)
  • Organic Light-Emitting Diodes (OLEDs)
  • Organic Light-Emitting Transistors (OLETs)
  • Surface-Conduction Electron-Emitter Displays (SEDs)

• By Application :

  • Consumer Electronics
  • Home Appliances
  • Advertising
  • Public Display
  • Automation
  • Aviation

• By Region :

  • North America
  • Western Europe
  • Eastern Europe
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa