Technology
Electronic Display Devices Market to grow by USD 47.7 Billion from 2024-2028, driven by new device launches and AI-powered market transformation – Technavio
Published
2 years agoon
By
NEW YORK, Oct. 28, 2024 /PRNewswire/ — Report with the AI impact on market trends – The Global Electronic Display Devices Market size is estimated to grow by USD 47.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.1% during the forecast period. New electronic display devices launches is driving market growth, with a trend towards innovation in display technology However, disposal of e-waste poses a challenge.Key market players include Apple Inc., BOE Technology Group Co. Ltd., Corning Inc., DuPont de Nemours Inc., E Ink Holdings Inc., Fujitsu Ltd., HP Inc., Innolux Corp., Leyard Optoelectronic, LG Display Co. Ltd., Mitsubishi Electric Power Products, Inc., NEC Corp., Panasonic Holdings Corp., Powertip Technology Corp, Royole Corp, Samsung Electronics Co. Ltd., Sharp Corp., Sony Group Corp., TCL Industries Holdings Co., Ltd., and Universal Display Corp..
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Forecast period
2024-2028
Base Year
2023
Historic Data
2018 – 2022
Segment Covered
Type (Televisions, Smartphones and tablets, Smart wearables, PC and laptop, and Others), End-user (Commercial and Residential), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)
Region Covered
APAC, North America, Europe, South America, and Middle East and Africa
Key companies profiled
Apple Inc., BOE Technology Group Co. Ltd., Corning Inc., DuPont de Nemours Inc., E Ink Holdings Inc., Fujitsu Ltd., HP Inc., Innolux Corp., Leyard Optoelectronic, LG Display Co. Ltd., Mitsubishi Electric Power Products, Inc., NEC Corp., Panasonic Holdings Corp., Powertip Technology Corp, Royole Corp, Samsung Electronics Co. Ltd., Sharp Corp., Sony Group Corp., TCL Industries Holdings Co., Ltd., and Universal Display Corp.
Key Market Trends Fueling Growth
The electronic display devices market is experiencing a notable evolution due to technological innovations, with quantum dot (QD) technology being a key driver. This technology is revolutionizing both the display and lighting sectors by offering customizable color emission and enhanced brightness, resulting in high-quality visuals and energy-efficient illumination. QD technology addresses critical challenges related to color accuracy and brightness, as traditional displays can struggle to maintain color fidelity at higher brightness levels. Companies like Samsung have incorporated this technology into their light-emitting diode (LED) displays, enhancing luminous efficiency and ensuring exceptional color purity. With a narrow emission linewidth (<30 nm compared to >60 nm for traditional LEDs), QDs significantly improve color purity, enabling high-fidelity color reproduction, especially important for next-generation display technologies. QD technology increases the color gamut on liquid-crystal displays (LCDs) by up to 50%, resulting in more saturated and vivid colors. The adoption of quantum dot technology is a significant trend in the electronic display devices market, driving improvements in display performance and setting new industry standards. At events like ISE 2024, companies showcased their latest advancements, pushing the boundaries of display technology. This technology’s benefits, including enhanced color accuracy, brightness, and energy efficiency, are transforming the market and setting new benchmarks for display performance, ensuring continued growth during the forecast period.
The Electronic Display Devices market is thriving, with Televisions leading the way in terms of revenue. Higher resolution screens, such as 4K and 8K, are becoming increasingly popular for both home entertainment and professional use. Flexible display screens, using technologies like OLED and AMOLED, are gaining traction in the automobile industry and mobiles. Low energy consumption and high-quality screens are essential for consumer electronic devices, including LCD and LED displays. High-resolution display technologies are also crucial for digital signage applications in the retail sector, advertising methods, and entertainment industries. The healthcare and console gaming sectors also benefit from advanced display technologies like 3D and 4D displays. The market is expected to grow further with the development of flexible AMOLED displays and rigid LCD displays for various consumer electronics applications.
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Market Challenges
The electronic display devices market encompasses various products such as smartphones, tablets, and televisions. With increasing usage and frequent upgrades, these devices reach the end of their lifecycle, leading to significant e-waste generation. The UN defines e-waste as discarded devices with batteries or plugs, containing hazardous substances like mercury. In 2021, the global e-waste generation was approximately 57.4 million tons, with only 17.4% being properly recycled. The ITU identifies e-waste as a complex waste stream due to the presence of valuable materials and hazardous toxins. Efficient material recovery and safe recycling are essential for economic and environmental health. Neglecting e-waste disposal may hinder market growth, emphasizing the need for effective management and consumer education.The Electronic Display Devices market is thriving with advancements in high-resolution display technologies, including OLED and AMOLED. Consumer electronic devices, digital signage applications, and smart devices are major sectors driving demand. Flexible AMOLED displays and rigid LCD displays cater to various consumer electronics applications and digital signage in retailing, entertainment, healthcare, console gaming, mobile gaming, and more. The market faces challenges such as the need for energy-efficient and cost-effective displays, disposal of WEEE and e-waste, and the emergence of advanced electronic gadgets like smartphones, tablets, laptops, smart TVs, smartwatches, and automobiles. Industries like automation, mobile commerce, and advertising are also adopting electronic displays. High-resolution displays enhance video streaming experiences on Cathode ray tubes, plasma displays, LED displays, and OLED displays. The entertainment industry and M-commerce are significant markets, influenced by disposable incomes.
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Segment Overview
This electronic display devices market report extensively covers market segmentation by
Type 1.1 Televisions1.2 Smartphones and tablets1.3 Smart wearables1.4 PC and laptop1.5 OthersEnd-user 2.1 Commercial2.2 ResidentialGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa
1.1 Televisions- The electronic display devices market, specifically the television segment, is experiencing notable growth and innovation. Companies like Xiaomi and LG are leading this charge with the introduction of advanced technologies and diverse product offerings. Xiaomi, a Chinese smartphone manufacturer, recently launched its X Pro QLED TVs in India, available in 43-inch, 55-inch, and 65-inch screen sizes. These premium offerings cater to consumers seeking high-quality viewing experiences. Simultaneously, LG, a South Korean electronics giant, introduced a new range of AI-driven smart TVs, featuring 55 models with screen sizes from 43 inches to an impressive 97 inches. This trend towards larger screens reflects consumers’ growing preference for home entertainment experiences. Additionally, the integration of AI technology, such as LG’s real-time upscaling, is becoming increasingly common. As consumer preferences evolve, larger screens and AI integration will shape the future of the television segment and the global electronic display devices market, ensuring continued growth during the forecast period.
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Research Analysis
Electronic displays have revolutionized the way we interact with technology, from high-resolution televisions and monitors to mobile devices and digital signage. The market for electronic displays is vast and diverse, encompassing various technologies such as OLED (Organic Light-Emitting Diode) and AMOLED (Active-Matrix Organic Light-Emitting Diode) displays. These advanced display technologies offer superior image quality, higher contrast, and improved energy efficiency. Consumer electronic devices, including smartphones, tablets, laptops, and smartwatches, are major applications for electronic displays. High-resolution displays are increasingly popular in consumer electronics, enabling better video streaming and gaming experiences. Flexible AMOLED displays offer unique advantages in the form factor and design of devices. Beyond consumer electronics, electronic displays have significant applications in digital signage, automobiles, and various industries such as retailing, entertainment, healthcare, and automation. Digital signage is a growing market for electronic displays, with applications ranging from advertising and information dissemination to wayfinding and interactive installations. Traditional display technologies like cathode ray tubes and plasma displays have largely been replaced by more advanced and energy-efficient LED displays. The electronic market for displays is expected to grow further with the development of new technologies and applications.
Market Research Overview
Electronic displays have revolutionized various industries, from consumer electronics to digital signage, automobiles, and entertainment. High-resolution display technologies, including OLED (Organic Light-Emitting Diodes) and AMOLED (Active-Matrix Organic Light-Emitting Diodes), have taken center stage, offering high-quality screens with low energy consumption and screen durability. Consumer electronic devices, such as smartphones, tablets, laptops, and smart televisions, have significantly benefited from these advanced display technologies. OLED and AMOLED displays offer higher resolution screens, better color accuracy, and improved contrast ratios, enhancing the user experience. Flexible AMOLED displays have gained popularity in the market, enabling the production of curved and foldable devices. Rigid LCD displays, on the other hand, continue to dominate digital signage applications in retail, advertising, and entertainment industries. The retail sector, entertainment industry, and automobile industry are major consumers of electronic displays. Digital signage has become an essential advertising method, while advanced electronic gadgets like smartwatches and mobile devices have become ubiquitous. The consumer electronics market is driven by disposable incomes, mobile commerce, and the growing popularity of video streaming services. The entertainment industry, including console gaming and mobile gaming, also relies heavily on high-resolution displays for experience. E-waste and WEEE (Waste Electrical and Electronic Equipment) have become significant concerns, with the need for sustainable manufacturing and disposal methods becoming increasingly important. The future of electronic displays lies in continued innovation, focusing on higher resolution screens, lower power consumption, and flexible and durable designs.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
TypeTelevisionsSmartphones And TabletsSmart WearablesPC And LaptopOthersEnd-userCommercialResidentialGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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Axon Announces Body 5: Next-Generation Camera Built for the AI Era
Published
4 hours agoon
October 24, 2026By
Axon Body 5 delivers 25x the AI processing power of earlier-generation cameras, with upgraded connectivity, audio and battery life to support real-time situational awareness in the field
SCOTTSDALE, Ariz., Oct. 24, 2026 /PRNewswire/ — Axon (Nasdaq: AXON), the global leader in public safety technology, today announced Axon Body 5, its newest body-worn camera designed to bring more powerful intelligence, connectivity and real-time support directly to officers in the field.
For years, Axon body cameras have helped agencies capture critical evidence and create greater transparency. Body 5 is built to help officers during the call, with information, assistance and backup on the spot.
“Officers shouldn’t have to choose between getting information and watching the scene. With Axon Body 5, they don’t,” said Rick Smith, Axon Founder and CEO. “They capture a license or document with the camera, keep their hands free and eyes up, and get information faster than writing it down and calling it in by radio. An officer fully engaged with the person in front of them, not down at a notepad, is a safer officer and a better-served community.”
Axon Body 5: Built for the AI Era
Built from the ground up for the AI era, Axon Body 5 delivers 25x the AI processing power than earlier generation Axon body cameras, alongside advancements in connectivity, audio, video and battery life. Together, these upgrades give the camera the physical power to run smarter AI features — both today and as new AI tools are developed in the future — while also making it more dependable for officers to use every day.
For the first time, Axon is also introducing two versions of its latest flagship camera: Axon Body 5 and Axon Body 5 Pro.
Both models feature several key advancements, including:
25x more processing power for AI: A powerful new computing architecture creates the capacity to support current and future AI features directly on the body camera.Enhanced video: Improved video captures clearer evidence across challenging environments, including better low-light performance.Improved connectivity: Seamless connectivity in urban and remote environments – and more precise location capability – helps officers, cameras and remote support teams stay connected when timely information matters most.Longer battery life: 20% more battery life than the previous generation helps keep the camera ready and connected throughout an officer’s shift.
The Axon Body 5 Pro will continue to gain new AI capabilities as they become available, growing along with the AI Era Plan. Additionally, new hardware features include:
A near-focus camera: An additional dedicated camera lens lets officers scan driver’s licenses to check status and search for wants or warrants in seconds, without returning to the patrol vehicle, with relevant information sent to Axon Fusus to support real-time operations.Front-facing speakers: Four additional speakers project even more powerful audio toward the person an officer is speaking with, helping real-time translations from Axon Assistant carry more clearly over heavy traffic or crowd noise. Additional memory: Extra space lets the camera run several AI tools at once, helping officers stay better informed and work faster.
Bringing More of Axon’s AI Era Into the Field
Axon Body 5 helps officers get more out of the Axon AI Era Plan by bringing smart tools right to the scene. Axon’s portfolio already supports public safety professionals across a growing range of tasks. For example, Draft One helps officers turn body-camera audio into high-quality report drafts and Axon Assistant provides voice-based information access and real-time translation.
Increasingly, Axon is also bringing AI into real-time operations.
Axon Guardian is a new category of AI features within the AI Era Plan that was specifically created to work with an officer’s field-based devices – starting with body cameras and in-car cameras – to improve safety. Guardian is designed to flag potential risks as situations unfold and create alerts when additional attention may be needed. Two of the first features include:
Escalation Detection: When an Axon Body 4 or Axon Body 5 camera is activated and recording, Guardian has the ability to detect potential conflicts in real time and create an alert in Axon Fusus. A human reviews the livestream and decides if additional support or action is needed.Approach Alert: When active on Axon Fleet 3, Guardian can detect if the door of a stopped vehicle opens and alert the officer through the in-car display and their body-worn camera.
Combined, Axon Body 5 and the expanding AI Era portfolio demonstrate the importance of AI as a critical resource to assist public safety professionals before, during and after an incident — reducing administrative burden, improving situational awareness and helping protect more lives.
Innovating Responsibly
Axon’s Responsible Innovation framework guides the development of all of its products. Designed with this in mind, Axon Body 5 and Guardian prioritize human oversight and maintain agency control over data. As a key part of the responsible innovation process, Axon’s independent Ethics and Equity Advisory Council was created to help responsibly develop and deploy new technologies with transparency, while aligning with community expectations.
General availability dates for Axon Body 5 and Axon Guardian will be announced soon. Product features and capabilities vary by configuration. For more information on Axon’s current products and services: Axon Product Catalog – Axon.com.
About Axon
Axon (Nasdaq: AXON) is the global leader in public safety technology supporting state, local, federal and international public safety agencies with technology designed to Protect Life. Complementing its mission, Axon’s growing Enterprise market focuses on protecting critical infrastructure and frontline workers across multiple industries including corporate security, hospitality, retail and healthcare. Founder-led since 1993, Axon builds products with transparency and responsibility. From TASER energy devices to today’s connected network of hardware – including cameras, drones, and robotics – cloud software, sensors, and AI-tools, the Axon ecosystem helps seamlessly protect people and places when it matters most. To ensure these technologies align with community expectations, Axon’s independent Ethics & Equity Advisory Council guides the ethical, inclusive, and accountable design of its products and services. Learn more about the EEAC and Axon’s Responsible Innovation framework at Axon Responsibility.
Non-Axon trademarks are the property of their respective owners. Axon, TASER and the Delta Logo are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. All rights reserved.
Please visit https://investor.axon.com and https://www.axon.com/newsroom for more information.
Media Contact:
Kate MacKinnon
Vice President, Communications
press@axon.com
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SOURCE Axon
Technology
In HelloNation, Custom Fabrication Expert Mark Coyle Explains a Common Mistake in Custom Aluminum Design
Published
5 hours agoon
October 24, 2026By
The article explains why smart geometry, not thicker walls, creates stronger, more efficient aluminum components.
ROCHESTER, N.Y., Oct. 24, 2026 /PRNewswire/ — What early design choice causes many custom aluminum projects to become heavier, costlier, or harder to manufacture? That question is addressed in a HelloNation article featuring insights from Custom Fabrication Expert Mark Coyle of American Custom Metals, Inc. in Rochester, New York, that outlines how misunderstanding aluminum behavior leads designers to rely on thick walls instead of stronger geometry.
The article begins by explaining that many people assume thicker walls automatically make aluminum parts stronger. It notes that aluminum does not respond to wall thickness the way steel does. Instead, its performance is shaped by how the metal flows through the extrusion die. The article states that custom aluminum design is more effective when profiles use ribs, chambers, and flanges to create stiffness without adding unnecessary weight. This guidance helps readers understand why adding material often increases cost without improving strength.
The article also highlights that thicker walls change how aluminum moves during extrusion. When heavy areas fill more slowly, the metal cools unevenly and can develop stress that only appears later. The HelloNation piece explains that well-balanced geometry keeps extrusion smooth and predictable. This consistency makes it easier to maintain dimensional accuracy across long production runs. By focusing on geometry, custom aluminum design avoids the problems that come with slow extrusion speeds and uneven cooling.
Another insight in the article centers on how ribs and internal supports influence stability. It describes how a thin wall supported by a properly placed rib often performs better than a thick wall with no reinforcement. This happens because the rib helps distribute load, improve stiffness, and guide the aluminum as it cools. The article explains that this structural approach makes custom aluminum design more efficient and gives designers more control over how the final part behaves under pressure.
The article also shows why early collaboration between designer and fabricator prevents costly changes. It states that a fabricator familiar with extrusion can catch potential issues before a die is built. Small adjustments to corners or transitions can remove weak points or improve metal flow. The article notes that this teamwork keeps the design aligned with real-world production. By working together early, both sides reduce the risk of redesigning the die after the first test run.
Machining is another area where the article explains how wall thickness affects performance. Features such as deep pockets or sharp internal angles may require slow feed rates or special tooling. When walls are thicker than needed, those areas can become difficult to machine cleanly. The article states that thoughtful custom aluminum design makes machining more predictable. Small changes, such as adding radiused edges or sizing features to match standard tools, help shorten cycle times and prevent tool wear.
Thermal behavior receives detailed attention as well. The article explains that aluminum retains heat differently depending on the mass of each section. Thicker walls hold heat longer, which increases the chance of distortion during extrusion, machining, or finishing. When a design uses geometry to create strength, the material cools more evenly. This reduces warping and helps long profiles stay aligned. The article notes that stable cooling is important for components that require a precise fit and consistent shape throughout an entire production run.
Cost is also a key topic in the article. It states that heavier profiles increase material use, extrusion time, and tooling needs. A custom aluminum design that relies on geometry instead of mass lowers material consumption and keeps the fabrication process efficient. The article explains that lighter parts are easier to handle, ship, and assemble. This saves money across multiple stages of production and supports long-term manufacturing efficiency.
The article also notes that smart custom aluminum design creates profiles that behave predictably during extrusion and machining. Smooth transitions, balanced wall dimensions, and structural features help reduce the chance of distortion or dimensional drift. These elements also lower scrap rates and support reliable performance. By using geometry instead of excess material, designers build parts that maintain strength without compromising manufacturability.
As the article concludes, it emphasizes that avoiding thick walls is one of the best ways to improve performance and lower cost. It states that the most dependable custom aluminum components come from designs that use structural features to strengthen the profile. When designers understand how aluminum behaves at each stage of extrusion and machining, they create parts that are strong, efficient, and consistent from batch to batch. This approach turns custom aluminum design into a predictable process rather than a series of uncertain adjustments.
A Common Mistake in Custom Aluminum Design features insights from Mark Coyle, Custom Fabrication Expert of Rochester, NY, in HelloNation.
About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.
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SOURCE HelloNation
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World Young Scientist Summit 2026 Opens in Wenzhou, Zhejiang
Published
6 hours agoon
October 24, 2026By
WENZHOU, China, Oct. 24, 2026 /PRNewswire/ — This is a report by China Daily:
On October 24, the World Young Scientist Summit 2026 opened in Wenzhou, Zhejiang. The event is hosted by the China Association for Science and Technology (CAST), the Zhejiang Provincial People’s Government, and the World Association of Young Scientists. Nearly 800 representatives, including scientists, educators, and entrepreneurs from more than 60 countries and regions, are attending the summit.
He Junke, Vice President of CAST in charge of daily work and First Secretary of its Secretariat; Lian Yimin, Chairman and Party Group Secretary of the Zhejiang Provincial Committee of the Chinese People’s Political Consultative Conference; Marcelo Knobel, Executive Director of The World Academy of Sciences; and Zhang Zhenfeng, Member of the Standing Committee of the CPC Zhejiang Provincial Committee and Secretary of the CPC Wenzhou Municipal Committee, attended the summit and delivered remarks. Yao Gaoyuan, Vice Governor of the Zhejiang Provincial People’s Government, presided over the first segment of the plenary session.
With the theme “Gathering Talents Worldwide to Create a Better Future,” the summit’s annual agenda is “Global Youth Action in the AI Era: Building a Sustainable Future.” It aims to draw on the insights of young people around the world, deepen international sci-tech cooperation, and jointly address questions about young people, science, the world and the future.
Efim Zelmanov, Fields Medalist and Foreign Member of the Chinese Academy of Sciences; Chen Yunji, Deputy Director of the Institute of Computing Technology, CAS, and Director of the National Key Laboratory of Processor Chips; Mary Garson, President of the International Union of Pure and Applied Chemistry; and Lu Chaoyang, Member of the Standing Committee of CAST, Executive Dean of the Shanghai Institute of Advanced Study, University of Science and Technology of China, and Chairman of the Council of the World Association of Young Scientists, delivered keynote speeches respectively on education reform in the AI era, AI and processor chips, young women scientists’ participation in science, and quantum computing. They explored new opportunities for scientific research, talent cultivation, and international cooperation in the AI era.
This year’s summit placed greater emphasis on the growth needs of young scientists, with young talents under the age of 45 accounting for 88 percent of participants. It aimed to build a cluster of international journals, bring together young scientific talent, facilitate a batch of international collaborative projects and advance the application and commercialization of scientific and technological achievements. The summit released the Report on the Distribution and Mobility of Young Scientists in the Field of Embodied Intelligence, launched the World Young Scientist Summit Partner Journal Program and the 2026 World Young Scientist Innovation and Entrepreneurship Growth Support Program. It also published the “Young Scientist Pioneers 2035” list and announced the 2026 Sustainable Development Young Scientist Award. The awards were presented to four Chinese and foreign scientists.
Chen Tianrun, Founder of Hangzhou Moxin Technology Co., Ltd.; Yuan Yang, Assistant to the Dean of the Institute for Interdisciplinary Information Sciences at Tsinghua University; and two of the 2026 Sustainable Development Young Scientist Award winners, César de la Fuente and Nicola Segata, among other Chinese and foreign young scientist representatives, spoke at the flash-talk session to share their research practices and reflections.
In addition, the conference focused on fields such as future manufacturing, quantum information, embodied intelligence, brain-computer intelligence, environmental science, deep-sea resources, and life and health, and held 12 parallel forums. It also included the “Gravitation π” Future Technology and Concept Products Exhibition and Exchange, local thematic side events, and sci-tech and humanities study visits, further building an interdisciplinary, cross-regional and cross-sector platform for youth sci-tech exchange and cooperation.
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SOURCE China Daily
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