Market Segmentation

• By Product Type – Organic Light Emitting Diode (OLED), Thin-Film Transistors LCD (TFT-LCD), and Others (Micro-LED, Mini-LED, and QLED)
• By Application Type – Smartphones, Television and Monitors, Smartwatches, Automotive Displays, Laptops and Tablets, and Others

Regional Segmentation

• North America – U.S., Canada, and Mexico
• Europe – Germany, France, U.K and Rest of Europe
• Asia-Pacific – China, Japan, Taiwan, South Korea, and Rest-of-Asia-Pacific
• Middle East and Africa
• South America

Growth Drivers

• Increasing adoption of OLED technology in the display industry
• Growing next-generation display manufacturing base in Asia-Pacific

Market Challenges

• Lack of awareness among consumers regarding the adoption of new technologies
• High cost and limited investment in new display technologies

Market Opportunities

• Changing automotive industry landscape to create opportunities for display material providers
• Regulations toward the usage of Cadmium in displays

Key Companies Profiled

Idemitsu Kosan Co., Ltd., Toray Industries, Inc., Samsung SDI Co., Universal Display Corporation, Novaled, Nanosys, Nanoco Group PLC, Doosan Corporation, Quantum Materials Corporation, PPG Industries, Inc., and DuPont Inc

Key Questions Answered in this Report:

• Why are next-generation display materials a requirement in the market? How have the display materials evolved over the years?
• Which type of display material and application are expected to dominate the market between 2021-2026?
• What are the driving and restraining factors affecting the global next-generation display materials market?
• How are the future trends expected to impact the global next-generation display materials market in the coming years?
• What are the opportunities for players in the global next-generation display materials market?
• How is the growing display market interconnected with the consumption of next-generation display materials?
• What are the applications and corresponding end-use industries driving the demand for next-generation display materials?
• Which region and country are major consumers of the next-generation display materials?
• Which country/region is going to emerge as a potential revenue-generating pocket during the forecast period, 2021-2026?
• What are the business strategies adopted by major players in the global next-generation display materials market?
• How has COVID-19 impacted the next-generation display materials business across the supply chain globally?

Market Overview

The market research study offers a wide perspective of different types of next-generation display materials and applications they are used for. The report also provides an analysis of the market penetration of these types in different applications and their growth opportunities across different regions and countries. The study focuses on the changing landscape of the display market, owing to the significant developments made by the leading players.

The report further considers the market dynamics, supply chain analysis, and the detailed product contribution of the key players operating in the market. The Global Next-Generation Display Materials Market report is a compilation of different segments, including market breakdown by type, application, region, and country.

The next-generation display materials market segmentation (on the basis of type) is further categorized into sub-type.

The global next-generation display materials market on the basis of application is segregated into smartphones, television and monitors, smartwatches, automotive displays, laptops and tablets, and others.

The automotive data monetization market segmentation by region is segregated under five major regions, such as North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.

Competitive Landscape

The global next-generation display materials market’s competitive landscape consists of different strategies undertaken by key players across the industry to gain traction and market share presence. Some strategies adopted by the service providers are new product launches, business expansions, mergers, partnerships, and collaborations. Among all these strategies adopted, business expansion is the popular choice of the strategy implemented in the next-generation display materials market. Some of the most prominent ecosystem players are Idemitsu Kosan Co., Ltd., Toray Industries, Inc., Samsung SDI Co., Universal Display Corporation, Novaled, Nanosys, Nanoco Group PLC, Doosan Corporation, Quantum Materials Corporation, PPG Industries, Inc., and DuPont Inc.

The post Next-Generation Display Materials Market – Global and Regional Analysis: Focus on Product Type, Application and Countries – Analysis and Forecast, 2021-2026 first appeared on CRI Report.

Market Segmentation

• Application
o Surgical Robotics
o Medical Simulators

Regional Segmentation

• North America
• Europe
• Asia-Pacific
• Rest-of-the-World

Growth Drivers

• Advancement in Raw Materials for Haptic Technology
• Growing Adoption of Haptic Technology in Surgical Environment

Market Restraints

• Technical Challenges Associated in Implementing Haptic Technology in Medical Devices
• Limitation of Haptic Technology in VR-Based Simulator Systems

Market Opportunities

• Adoption of Vibrotactile Feedback Mechanism in Medical Simulators
• Increasing Research and Development Activities for Wearable Haptic Feedback Devices

Key Companies Profiled

3D Systems Corporation, Force Dimension, Forsslund Systems AB, Haption S.A., Orb Surgical Ltd., and Moog, Inc.

Key Questions Answered in this Report:

• What is the current scenario of the global haptic feedback surgical environment market?
• What is the total market size and forecast (until 2031) for the global haptic feedback surgical environment market?
• What is the addressable market size and forecast based on region?
• What is the future of haptic technology in the healthcare domain?
• What is the analyst’s perspective on the importance of haptic technology?
• What is the technology used for the haptic devices?
• What is the pre-and post-COVID-19 scenario for the minimally invasive surgeries?
• What is the patent filling trend in the last five years for haptic technology?
• What are the key market dynamics (drivers, restraints, and opportunities) for the haptic feedback surgical environment market?
• What is the current total market size and forecast for different application categories available in the global haptic feedback surgical environment market?
• Which application category is anticipated to witness the highest growth rate during the forecast period?
• What is the current total market size and forecast for the global haptic feedback surgical environment market across different regions?
• What is the role of each company in the global haptic feedback surgical environment market?
• What are the strengths, weaknesses, opportunities, and threats for each company in the global haptic feedback surgical environment market?

Overview on the Global Haptic Feedback Surgical Environment Market

The global haptic feedback surgical environment market is expected to grow with a CAGR of 14.6% in terms of market value, during the forecast period 2021-2031. Factors such as growing demand for technological advanced surgical robotic systems and simulators for medical training applications are fueling the growth of the market. The implementation of haptic devices in the healthcare domain is at the nascent stage and it is anticipated that this technology will be significantly adopted in the healthcare domain, especially in minimally invasive surgeries, during the forecast period 2021-2031.

Global Haptic Feedback Surgical Environment Market Forecast

The global haptic feedback surgical environment market was valued at $22.8 million in 2020 and is anticipated to reach $101.4 million by 2031, growing at a CAGR of 14.6%, during the forecast period 2021-2031. Factors such as growing demand for technological advanced surgical robotic systems and simulators for medical training applications are fueling the growth of the market. However, the factors such as low dexterity and a limited workspace of a haptic device can restrict the growth of this market and, implementation of this technology within a medical device is a very complex and technical process.

Competitive Landscape

The global haptic feedback surgical environment market consists of large-scale as well as small-scale manufacturers and vendors. Presently, the manufacturers in the market have ample number of opportunities to expand their offerings and to establish a strong foothold in the market.

There are many companies in the global haptic feedback surgical environment market some which are 3D Systems Corporation, Force Dimension, Forsslund Systems AB, Haption S.A., Orb Surgical Ltd., and Moog, Inc.

The post Global Haptic Feedback Surgical Environment Market – Analysis and Forecast, 2021-2031 first appeared on CRI Report.

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