Market Forecast By Screen Type (Green Screen, White Screen, Amber Screen), By Display Type (CRT Display, LCD Display, LED Display), By End-User (Consumer Electronics, Automotive, Gaming, Medical, Manufacturing) And Competitive Landscape
Product Code: ETC431015 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Saudi Arabia Monochrome Display Market is anticipated to grow owing to multiple factors during the forecast period. The growth of the Saudi Arabia Monochrome Display Market is mainly attributed to increasing demand from wearable devices and automotive segments. The increase in demand for monochrome displays owing to the increasing popularity of e-readers and other handheld devices, as well as increased investments in advanced manufacturing infrastructure will drive the market growth.
According to 6Wresearch, the Saudi Arabia Monochrome Display Market size is expected to grow during 2022-2028. A monochrome display is a display that only shows one colour at a time. This type of display is mostly used in phones and other small devices where battery life is key. Monochrome displays tend to have better battery life than RGB displays because they require less energy to produce colours.
Wearable devices such as smart watches, fitness trackers, and eyeglasses are among the most popular applications for monochrome displays. These devices are typically compact and lightweight, making them ideal for use in mobile devices. Additionally, monochrome displays are more power efficient than their colour display counterparts. This factor is likely to drive adoption of these displays in automotive segments, where efficiency is a key priority.
The Saudi Arabia Monochrome Display Market growth is mainly attributed to the increasing demand for low-cost, lightweight, and portable devices. Moreover, the government's initiatives to promote digital literacy among its citizens are also expected to drive the growth of this market.
The benefits of a monochrome display include:
Some of the key challenges facing the Saudi Arabia Monochrome Display Market revenue include limited supply and high manufacturing costs. There is also a lack of content that supports this type of display technology. However, these challenges are likely to be overcome over the next few years as manufacturers focus on developing compelling applications for monochrome displays.
Lack of local content and lack of awareness about monochrome displays among consumers will also restrain the market growth.
The COVID-19 pandemic has had a significant impact on the Middle East Monochrome Display Market. The sharp increase in cost of medical supplies, wages and transportation has resulted in an increased demand for healthcare and safety products. Additionally, the social unrest caused by the pandemic has impacted the purchasing power of consumers. As a result, the Saudi Arabia Monochrome Display Market is expected to experience sluggish growth during 2019.
Based on Screen Type, the white screen type dominates the Saudi Arabia Monochrome Display Market as it offers better viewing angles and muted colors, which are preferable in religious settings. However, the green screen type is gaining popularity due to its ability to create a more realistic environment for video footage and gaming applications. Amber screen type displays are also gaining traction owing to their versatile color capability, which can be used for marketing campaigns or for displaying information that requires a high level of visibility.
Market analysis based on Display Type
Based on Display type, LCDs segment are expected to account for the largest share of the Saudi Arabia Monochrome Display Market during the forecast period. This is owing to their low cost and high pixel density. LED displays are also expected to witness significant growth over the next four years due to their favourable environmental characteristics and increasing demand from key industry players. However, due to their higher initial costs, they are likely to account for a smaller share of the overall market during the forecast period.
Technologies and Application in the Saudi Arabia Monochrome Display Market
Major technologies used in the Saudi Arabia Monochrome Display Market share; organic light-emitting diode (OLED) technology is forecast to be the fastest-growing segment over the forecast period. This is due to its cost-effective nature and high brightness levels. Other major technologies used in this market include liquid crystal on silicon (LCOS) and liquid crystal on sapphire (LCS).
The major applications of monochrome displays include smart phones, tablets, gaming consoles, automobiles and medical equipment. Demand for these devices is expected to increase as consumers adopt newer technologies that require smaller screens and reduced battery consumption.
Saudi Arabian Government Policies and Regulations of the Monochrome Displays Industry
The Saudi Arabian government has a number of policies and regulations affecting the monochrome displays industry. These include rules limiting LCD panel imports, an energy conservation policy that affects the use of energy-intensive products, and a prohibition on advertising during daytime hours.
The Saudi Arabia government announced plans to reduce its dependence on oil. This has led to a number of initiatives aimed at promoting alternative sources of energy, including the development of renewable energy resources. As part of this effort, the Saudi Arabian government has announced plans to phase out the use of LCD monitors in public schools by 2020.
The Saudi Arabian government also has a number of requirements governing the use of monochrome displays. For example, all monochrome displays must have a minimum screen resolution of 1024x768 pixels. Furthermore, all monochrome displays must be designed for indoor use only. Finally, all monochrome displays must be registered with the Ministry of Information Technology.
Key Attractiveness of the Report
Key Highlights of the Report:
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Monochrome Display Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Monochrome Display Market Revenues & Volume, 2021 & 2028F |
3.3 Saudi Arabia Monochrome Display Market - Industry Life Cycle |
3.4 Saudi Arabia Monochrome Display Market - Porter's Five Forces |
3.5 Saudi Arabia Monochrome Display Market Revenues & Volume Share, By Screen Type, 2021 & 2028F |
3.6 Saudi Arabia Monochrome Display Market Revenues & Volume Share, By Display Type, 2021 & 2028F |
3.7 Saudi Arabia Monochrome Display Market Revenues & Volume Share, By End-User, 2021 & 2028F |
4 Saudi Arabia Monochrome Display Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Monochrome Display Market Trends |
6 Saudi Arabia Monochrome Display Market, By Types |
6.1 Saudi Arabia Monochrome Display Market, By Screen Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Monochrome Display Market Revenues & Volume, By Screen Type, 2018 - 2028F |
6.1.3 Saudi Arabia Monochrome Display Market Revenues & Volume, By Green Screen, 2018 - 2028F |
6.1.4 Saudi Arabia Monochrome Display Market Revenues & Volume, By White Screen, 2018 - 2028F |
6.1.5 Saudi Arabia Monochrome Display Market Revenues & Volume, By Amber Screen, 2018 - 2028F |
6.2 Saudi Arabia Monochrome Display Market, By Display Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Monochrome Display Market Revenues & Volume, By CRT Display, 2018 - 2028F |
6.2.3 Saudi Arabia Monochrome Display Market Revenues & Volume, By LCD Display, 2018 - 2028F |
6.2.4 Saudi Arabia Monochrome Display Market Revenues & Volume, By LED Display, 2018 - 2028F |
6.3 Saudi Arabia Monochrome Display Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Monochrome Display Market Revenues & Volume, By Consumer Electronics, 2018 - 2028F |
6.3.3 Saudi Arabia Monochrome Display Market Revenues & Volume, By Automotive, 2018 - 2028F |
6.3.4 Saudi Arabia Monochrome Display Market Revenues & Volume, By Gaming, 2018 - 2028F |
6.3.5 Saudi Arabia Monochrome Display Market Revenues & Volume, By Medical, 2018 - 2028F |
6.3.6 Saudi Arabia Monochrome Display Market Revenues & Volume, By Manufacturing, 2018 - 2028F |
7 Saudi Arabia Monochrome Display Market Import-Export Trade Statistics |
7.1 Saudi Arabia Monochrome Display Market Export to Major Countries |
7.2 Saudi Arabia Monochrome Display Market Imports from Major Countries |
8 Saudi Arabia Monochrome Display Market Key Performance Indicators |
9 Saudi Arabia Monochrome Display Market - Opportunity Assessment |
9.1 Saudi Arabia Monochrome Display Market Opportunity Assessment, By Screen Type, 2021 & 2028F |
9.2 Saudi Arabia Monochrome Display Market Opportunity Assessment, By Display Type, 2021 & 2028F |
9.3 Saudi Arabia Monochrome Display Market Opportunity Assessment, By End-User, 2021 & 2028F |
10 Saudi Arabia Monochrome Display Market - Competitive Landscape |
10.1 Saudi Arabia Monochrome Display Market Revenue Share, By Companies, 2021 |
10.2 Saudi Arabia Monochrome Display Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |