Transparent Display Market to Reach $87.2 Bln in 2025

SEOUL--(Korea Newswire)--Displaybank, a global authority in market research and consulting for the display industry, today announced that transparent display, after its coming debut in 2012 to sharply grow to create $87.2 billion by 2025. These and other findings are disclosed in Displaybank newly published Transparent Display Technology and Market Forecast which addresses on the transparent display industry in detail.

Transparent Display refers to the display that has characteristic of showing background of display as display itself possess certain level of transmittance. Sarah Han, senior analyst at Displaybank noted “transparent displays have many possible applications such as windows for buildings or automobiles and show window for shopping mall. Not just with the display’s own functional aspect, transparency, but the transparent display gathers industry-wide attentions as one of the future displays that can be utilized as information display.”

As the transparent display possess superior quality in both design and functional aspect, many of the existing display market will be replaced by this. Newly created market will include construction, advertisement and public purpose such that applications that existing displays could not penetrate would become reality through the transparent display. Accordingly, overall display market size is expected to grow further.

Andy Yu, vice president at Displaybank research division noted “TFT LCDs that are mainly used in current display market has low transmittance of about 6% due to multiple optical films and operating wiring for TFT. And as LCDs are used with backlights that are not self-emitting, there are demerits of LCDs utilized as next generation display. Organic EL in OLED display is transparent that transparent display is possible by making both electrodes transparent through narrowing thickness of cathode. If LCD and OLED continue to improve on their obstacles through continuous technological development, we expect these technologies to affirm their positions within transparent display.”

Transparent display is set to be unveiled in 2012 to the market and Displaybank expects transparent display through both replacement and new market creation, to reach about 1.17 billion in unit and $87.2 billion in terms of revenue.

About Displaybank

Displaybank is a global authority in market research and consulting for the electronic display industry. Headquartered in Seoul, Korea, Displaybank has solidified its position as the global leader in the display industry and solar market research by offering analysis based on rapid and accurate information sourcing in order to provide insights into the industry's future. Displaybank’s analysts are located throughout Korea, Japan, China, Taiwan, and the U.S., and have been providing analysis in technological developments, market trends and forecasts for more than 10 years. For more information, visit: www.displaybank.com.

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This is a news release distributed by Korea Newswire on behalf of this company.