Electronic Paper Display Market Size, Share, Industry Trends and Forecast to 2030

What is the Market Size & CAGR of Electronic Paper Display Market in 2021?

The global electronic paper display market is expected to reach a market size of USD 2.3 billion by the end of 2021, with a Compound Annual Growth Rate (CAGR) of 15% during the forecast period. The increasing demand for e-readers, mobile devices, smartwatches, and signage displays is driving the growth of the electronic paper display market.

COVID-19 Impact on the Electronic Paper Display Market

The COVID-19 pandemic had a mixed impact on the electronic paper display market. On one hand, there was a slowdown in manufacturing and supply chain disruptions due to lockdown restrictions. However, with the rise in remote work and online learning, there was an increased demand for e-readers and tablets, which boosted the market growth.

Electronic Paper Display Dynamics

The electronic paper display market is driven by factors such as increasing adoption of e-readers, energy efficiency of electronic paper displays, and growing demand for digital signage solutions. However, challenges related to color reproduction and refresh rates of electronic paper displays are hindering market growth.

Segments and Related Analysis

The electronic paper display market is segmented based on the type of technology, application, and end-user. E Ink, Electrophoretic, and Electrowetting are some of the key technologies in the market. Applications include e-readers, electronic shelf labels, and smart cards. The end-users are segmented into consumer electronics, retail, and healthcare industries.

By Region Analysis

In terms of regional analysis, North America holds the largest market share in the electronic paper display market, followed by Europe and Asia Pacific. The presence of key market players, technological advancements, and increasing adoption of e-readers drive the market growth in these regions.

Key Market Players and Competitive Landscape

Some of the key players in the electronic paper display market include E Ink Holdings Inc., Pervasive Displays, Plastic Logic GmbH, Amazon, and Sony Corporation. The market is highly competitive, with companies focusing on product innovation, strategic partnerships, and mergers to gain a competitive edge.

Recent Happenings in the Electronic Paper Display Market

- In 2021, E Ink Holdings Inc. launched a new color display technology for e-readers. - Amazon introduced the latest version of its Kindle e-reader with improved display technology in 2021. - Sony Corporation announced a collaboration with a leading retailer to deploy electronic shelf labels using electronic paper display technology. - Pervasive Displays expanded its product portfolio with new sizes and resolutions of electronic paper displays for signage applications. - Plastic Logic GmbH developed a flexible electronic paper display for wearable devices, targeting the healthcare industry.