Wellesley, Mass., May 22, 2017 (GLOBE NEWSWIRE) -- BCC Research has published an important analysis and forecast of the global market for dielectric materials used in display screen technology.
The global market for the dielectric material display screen sector was estimated to be US$ 39.8 billion in 2015, and to grow to nearly US$ 43.2 billion by the end of 2016. Further, driven by the growth of both traditional products and new technologies such as transparent screens coming on stream, the market is expected to accelerate to reach US$ 62.5 billion by the end of 2021, growing at a CAGR of 7.6% for the period 2016 through 2021.
Demand for screens that are brighter, clearer, flexible and lighter for use in smartphones, televisions, laptops, computers and wearable devices lay at the heart of dielectric sectors positive outlook. As end user manufacturers continually refresh their products to win the competitive battles, dielectric manufacturers have had to innovate to create evermore sensitive, flexible and efficient materials to meet the rising expectations of consumer, industrial and medical sectors.
“Every day we engage with screens large and small in our offices and homes. Every generation of products continues to deliver manifest improvement and, as the key technology component which allows end user manufacturers to deliver these improvements, the dielectric materials manufacturers are rightly recognised in this report for the technical innovations which will spur the sectors growth worldwide over the next five years,” said BCC Research Editorial Director, Kevin Fitzgerald.
Dielectric Materials for Displays: Technologies and Global Markets analyses current technologies, future innovations and market dynamics that are driving keen interest from intermediate and end user equipment manufacturers and examines how innovative products will grow rapidly and take ever greater market share.
About BCC Research
BCC Research is a publisher of market research reports that provide organizations with intelligence to drive smart business decisions. By partnering with industry experts worldwide, BCC Research provides unbiased measurements and assessments of global markets covering major industrial and technology sectors, including emerging markets. For more information about BCC Research, please visit bccresearch.com. Follow BCC Research on Twitter at @BCCResearch.