IGZO (indium gallium zinc oxide), a semiconductor that can be used to make transparent transistors. It has 20 to 50 times more electron mobility as compared to amorphous silicon. IGZO is said to be the future of high resolution displays that allows high pixel densities and help in reducing the power consumption. This technology is commercially adopted by big players in the IGZO Display Market.
Market Outlook:
Growth and Driving Factors: The demand for flat-panel displays with high resolution is on the rise. The clarity of pictures due to high pixels in these devices is attracting the consumers to use these products. Other factors impacting the IGZO Display Market are consumers demand for long battery life, touch sensitivity and ease of use in the electronic products especially in the portable devices. The growing market for monitors, smartphones, and tablet PCs, wearable devices such as smart watches is also leading to a high growth of IGZO Display Market.
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TFT (Thin Film Transistor) technology is the most commonly used display units in the mobile phones. It offers high quality image but does not gives a clear view in direct light, and also consumes more power, hence, less battery friendly. Due to such limitations of few displays the companies are coming up with new technologies that are more user-friendly. High adoption rate of these technologies among the customers is driving the display industry.
REPORT SCOPE:
This report on the Global IGZO Display Market identifies many insights and M&A opportunities, besides providing a detailed analysis of the applications of the same. A detailed qualitative analysis of the factors responsible for driving and restraining growth of the IGZO Displays Market and future opportunities are provided in the report.
Market Segmentation:
The IZGO Display Market is a compact...