PUBLISHER: Lucintel | PRODUCT CODE: 1417422
PUBLISHER: Lucintel | PRODUCT CODE: 1417422
Sunlight Readable LCD Trends and Forecast
The future of the global sunlight readable LCD market looks promising with opportunities in the computer and smartphone markets. The global sunlight readable LCD market is expected to reach an estimated $17.3 billion by 2030 with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are expansion of smart outdoor gadget applications, growing demand from the healthcare industry for displays in patient monitoring systems and diagnostic equipment that can read in direct sunlight, as well as, transportation companies are requesting more sunlight-readable LCDs in order to improve visibility and safety.
A more than 150-page report is developed to help in your business decisions.
Sunlight Readable LCD by Segment
The study includes a forecast for the global sunlight readable LCD by type, application, and region.
List of Sunlight Readable LCD Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sunlight readable LCD companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sunlight readable LCD companies profiled in this report include-
Sunlight Readable LCD Market Insights
Lucintel forecasts that sunlight readable LCD monitors is expected to witness higher growth over the forecast period because it provides better visibility and clarity of images even under direct sunlight, as well as, they are frequently used in outdoor settings where the strong ambient light would make it difficult to see regular LCD screens.
APAC is expected to witness highest growth over the forecast period due to growing demand from producers of smartphones, like LG Electronics Inc. and Samsung Electronics Co., as well as, businesses are investing more money to produce high-end laptops and monitors.
Features of the Global Sunlight Readable LCD Market
Market Size Estimates: Sunlight readable LCD market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Sunlight readable LCD market size by type, application, and region in terms of value ($B).
Regional Analysis: Sunlight readable LCD market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the sunlight readable LCD market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sunlight readable LCD market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the sunlight readable LCD market size?
Answer: The global sunlight readable LCD market is expected to reach an estimated $17.3 billion by 2030.
Q.2 What is the growth forecast for sunlight readable LCD market?
Answer: The global sunlight readable LCD market is expected to grow with a CAGR of 5.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the sunlight readable LCD market?
Answer: The major drivers for this market are expansion of smart outdoor gadget applications, growing demand from the healthcare industry for displays in patient monitoring systems and diagnostic equipment that can read in direct sunlight, as well as, transportation companies are requesting more sunlight-readable LCDs in order to improve visibility and safety.
Q4. What are the major segments for sunlight readable LCD market?
Answer: The future of the global sunlight readable LCD market looks promising with opportunities in the computer and smartphone markets.
Q5. Who are the key sunlight readable LCD market companies?
Answer: Some of the key sunlight readable LCD companies are as follows.
Q6. Which sunlight readable LCD market segment will be the largest in future?
Answer: Lucintel forecasts that sunlight readable LCD monitors is expected to witness higher growth over the forecast period because it provides better visibility and clarity of images even under direct sunlight, as well as, they are frequently used in outdoor settings where the strong ambient light would make it difficult to see regular LCD screens.
Q7. In sunlight readable LCD market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing demand from producers of smartphones, like LG Electronics Inc. and Samsung Electronics Co., as well as, businesses are investing more money to produce high-end laptops and monitors.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.