Market research reports, consulting: Global Market Insights Inc.

Screenless Display Market - By Type (Visual Image, Retinal Display, Synaptic Interface), By Application (Holographic Projection, Head-mounted Display, Head-up Display, Others) By End User, Forecast 2024 - 2032

Report ID: GMI9549
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Published Date: May 2024
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Report Format: PDF

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Screenless Display Market Size

Screenless Display Market size was valued over USD 3.5 billion in 2023 and is estimated to grow at a CAGR of over 24.5% between 2024 and 2032, driven by the growing demand for innovative and immersive display technologies.

 

 Screenless Display Market

As consumers seek more engaging and interactive experiences, screenless displays are gaining traction as they offer unique advantages such as portability, flexibility, and reduced eye strain. Additionally, the rising adoption of Augmented Reality (AR) and Virtual Reality (VR) applications across various industries including gaming, healthcare, education, and automotive is fueling the demand for screenless display solutions. Furthermore, advancements in display technologies, such as improved resolution, brightness, and field of view, are enhancing the user experience and driving market growth.
 

Furthermore, the rising trend of remote work and virtual collaboration is fueling the demand for screenless display technologies. With the global workforce increasingly relying on digital communication and collaboration tools, screenless displays offer new possibilities for immersive virtual meetings, presentations, and training sessions. Moreover, the push toward greener and more sustainable technologies is creating interest in screenless displays as they consume less power and generate fewer electronic waste compared to traditional screen-based devices. This eco-friendly aspect is appealing to environmentally conscious consumers and organizations, further contributing to the growth of the market.
 

Screenless display technologies, such as holographic projections, retinal displays, and head-mounted displays, often have inherent constraints in providing wide viewing angles and high-resolution images. This limitation can hinder the user experience, particularly in applications requiring detailed visual information or immersive interactions. Users may experience distortions, blurriness, or reduced clarity when viewing content through screenless displays, especially in environments with complex visual elements or fast-moving objects. As a result, the effectiveness and usability of screenless display solutions may be compromised, leading to potential dissatisfaction among users and slower adoption rates in certain applications or industries.
 

Screenless Display Market Trends

Screenless display technologies are increasingly being integrated into wearable devices such as smartwatches, AR glasses, and head-mounted displays. This trend is driven by the growing demand for compact & portable display solutions that offer hands-free interaction and real-time information access. As wearable technology continues to evolve, screenless displays are expected to enable seamless connectivity, personalized experiences, and enhanced productivity for users.
 

The usage of the screenless display is expected to address the glitches associated with security and privacy and mitigate the probability of error, thereby propelling the industry. Nowadays, companies are actively using the AR service to boost brand awareness and marketing impacts, catering to future trends. According to Morgan Stanley, the estimated revenue from AR devices and its services are USD 118 billion and USD 68 billion, respectively, in 2020. This AR technique is being used by renowned brands to provide customers with a virtual representation of their products and enhance their purchase process through a holographic display.
 

Vendors in the market are focused on leveraging the demand by announcing an improved product line with features including better resolutions and ease of use, among others. For instance, In November 2022, Holoxica Limited launched its 8k Holographic Display intending to provide companies with a way to view 3D assets as holograms, without the need to use VR headsets.
 

Screenless Display Market Analysis

Screenless Display Market, By Type, 2022-2032 (USD Billion)

Based on type, the market is divided into visual image, retinal display, synaptic interface. The retinal displays segment is expected to register a CAGR of over 25.5% during the forecast period.
 

  • Retinal displays represent a cutting-edge technology in the realm of screenless displays. Instead of using traditional screens, these displays project images directly onto the viewer's retina. By doing so, they bypass the need for physical screens, offering a more immersive and potentially more comfortable viewing experience. This technology has vast potential applications, particularly in fields including AR and VR, where compact, lightweight, and high-resolution displays are crucial for creating truly immersive experiences.
     
  • In the market, retinal displays are garnering attention due to their ability to address some limitations of conventional displays such as size, weight, and resolution. By projecting images directly onto the retina, these displays can potentially provide sharper images with higher resolutions than traditional displays, leading to more lifelike and engaging visual experiences.
     
  •  Additionally, since retinal displays do not require physical screens, they can be integrated into various form factors including glasses, helmets, and even contact lenses, opening up a wide range of possibilities for applications in fields such as gaming, entertainment, healthcare, and education.
     
Screenless Display Market Share, By End-User, 2023

Based on end user, the screenless display market is divided into oil & gas, chemical & pharmaceutical, food & beverages, energy & power, mining, others. The oil & gas dominated the global market with a share of over 33% in 2023.
 

  • In the market, the oil & gas sector is significantly adopting innovative display technologies to enhance operational efficiency, safety, and decision-making processes. Screenless display solutions offer unique advantages for oil & gas applications, where traditional screens may be impractical or pose safety risks in hazardous environments.
     
  • One key application of screenless displays in the oil & gas sector is in the field of AR and VR. AR glasses or headsets equipped with screenless display technologies enable field technicians and engineers to overlay digital information, such as equipment diagrams, real-time sensor data, and procedural instructions, onto their field of view. This hands-free approach improves situational awareness, facilitates troubleshooting & maintenance tasks, and reduces the need for personnel to refer to paper-based manuals or handheld devices, thereby enhancing operational efficiency and reducing downtime.
     
U.S. Screenless Display Market Size, 2022-2032 (USD Billion)

North America dominated the screenless display market in 2023, accounting for a share of over 38%. The regional market is experiencing rapid growth driven by technological innovation and increasing demand across various sectors. With a strong presence of key players and a robust R&D ecosystem, the region is at the forefront of screenless display advancements. In sectors, such as healthcare, automotive, and consumer electronics, screenless displays offer enhanced user experiences, improved safety features, and increased efficiency.
 

The adoption of AR and VR technologies is particularly noteworthy, with applications ranging from medical imaging to automotive Heads-up Displays (HUDs). As the market continues to evolve, North America is poised to remain a key hub for screenless display development and adoption, fueling innovation and shaping future trends in the industry.
 

Screenless Display Market Share

Microsoft's HoloLens and Sony's Spatial Reality Display are prominent contenders in the screenless display market and holds the market share of over 25%. HoloLens offers an immersive Mixed Reality (MR) experience by overlaying holographic images onto the user's surroundings. It offers features, such as spatial sound and hand gesture recognition, finding applications across diverse sectors from gaming to healthcare. Sony's Spatial Reality Display emphasizes high-resolution autostereoscopic technology, creating a glasses-free 3D viewing experience. Both technologies signify significant advancements in AR and MR, catering to various industries and pushing the boundaries of interactive digital experiences.
 

Some other major players in the market are Google Glass, Vuzix, RealMax, Varjo, Oculus (Facebook Reality Labs), ThirdEye Gen, Epson (Moverio), BAE Systems (Q-Warrior), and Meta (formerly Meta Company).
 

Screenless Display Market Companies

Major players operating in the screenless display industry are:

  • Microsoft (HoloLens)
  • Sony (Sony Spatial Reality Display)
  • Google (Google Glass)
  • Toshiba Corporation
  • Facebook Technologies, LLC (Oculus)
     

Screenless display Industry News

  • In July 2021, HYPERVSN, a visual technology company, built the world's first 3D holographic display system. A lightweight, easy-to-install combination of hardware and software, the system brings ideas, concepts, and products to life. HYPERVSN has been used to create a variety of experiences for companies and events including a Nike product launch in Seoul, an installation for Louis Vuitton at Selfridges, and a Hennessy event at Roland Garros.
     

The screenless display market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) from 2021 to 2032, for the following segments:

Market, By Type, 2021 - 2032

  • Visual image
  • Retinal display
  • Synaptic interface

Market, By Application, 2021 - 2032

  • Holographic projection
  • Head-mounted display
  • Head-up display
  • Others

Market, By End User, 2021 - 2032

  • Oil & gas
  • Chemical & pharmaceutical
  • Food & beverages
  • Energy & power
  • Mining
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • ANZ
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA

 

Authors: Suraj Gujar, Sandeep Ugale
Frequently Asked Question(FAQ) :
Why is the use of screenless displays rising in the oil and gas industry?
The oil and gas segment recorded over 33% of the market share in 2023, primarily due to substantial investment in digital transformation and the adoption of advanced technologies.
What is the value of the screenless display market?
Which are the leading players operating in the screenless display industry?
How large is the North America screenless display market?
Screenless Display Market Scope
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    Premium Report Details

    Base Year: 2023

    Companies covered: 15

    Tables & Figures: 285

    Countries covered: 22

    Pages: 210

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