Auxiliary Display Market Size (2024 – 2030)

The Global Auxiliary Display Market was valued at USD 2.58 billion in 2023 and is projected to reach a market size of USD 7.88 billion by 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 17.30%.

In the realm of electronics, an auxiliary display supports the primary screen in a useful way. Extra information or controls are shown on the secondary display, which is typically used on devices with small screens. This facilitates access to this extra information without overcrowding the main display. Consider a scientist utilizing a lab balance. Weight may be shown on the primary display, but they may read without stooping thanks to an auxiliary display that is at eye level. Comparably, auxiliary displays in automobiles allow you to keep your eyes on the road by projecting important information into the dashboard, such as the temperature, time, or radio station. This idea also applies to bikes, where supplementary displays that are mounted conveniently on the handlebars for quick looks may indicate the speed, gear selection, or fuel level. Additional displays may be useful for computers as well; they can extend the desktop or provide specific areas for media controls or system statistics. These monitors are often linked via USB or HDMI connections.

Key Market Insights:

With 85% of researchers routinely using online surveys, there is a tendency towards multi-screen usage, indicating the growing demand for more information displays.

Another fascinating advancement in display technology is transparency, which opens the door to uses such as smart windows and augmented reality experiences in auxiliary displays.

By 2023, 40% of companies want to use big data for operational excellence, which suggests that there may be an increase in demand for auxiliary displays as a means of managing and controlling IoT devices.

The pandemic's forced move to remote work may have raised demand for computer auxiliary displays, opening the door to more ergonomic computer settings with expanded desktops.
Global Auxiliary Display Market Drivers:

A Thriving Industry Propelled by Innovation and Numerous Screens

Innovation in the auxiliary display industry is being fuelled by the rapid improvements in the field of display technology. Consider pliable screens. This technology, which enables supplementary displays that blend in perfectly with the overall form factor, has the potential to completely transform foldable gadgets. Envision a phone that can be opened to expose a bigger secondary screen—ideal for playing games or multitasking. Transparent displays are yet another innovation. They create new and interesting possibilities, such as information-display automobile windscreens that retain important information in your field of sight without obstructing traffic. Transparent auxiliary screens on appliances can revolutionize even our houses by displaying controls or notifications without detracting from their clean look. These are just a few instances of how developments in display technology are making auxiliary displays more useful as well as aesthetically pleasing. This is setting the stage for the day when these secondary panels are an even more integral and desirable component of our electronic experience.

User Interface for the Emerging Internet of Things (IoT) Revolution, Auxiliary Displays

Our environment is quickly becoming a network of linked gadgets thanks to the Internet of Things (IoT), which is affecting everything from smart lighting and security systems to refrigerators and thermostats. This poses a problem: how can we effectively and intuitively engage with and control this ever-expanding network of devices? With the potential to become the primary interface for the Internet of Things, auxiliary screens are becoming a more potent alternative. In the future, picture your smart home's auxiliary display serving as a command center. The auxiliary screen of your smart thermostat has an easy-to-use interface that allows you to change the temperature with a few taps or swipes. The options are genuinely limitless. When auxiliary displays are connected to the Internet of Things, they may simplify our interactions with our surroundings, increase productivity, and improve our whole smart home experience. Workplaces may use auxiliary screens to monitor and manage industrial equipment, streamline manufacturing processes, and see large, complicated data sets in real time. This connection extends beyond households. The combination of auxiliary displays and the Internet of Things is expected to propel market growth in the future, making these supplementary screens indispensable for navigating the linked world we live in.

Global Auxiliary Display Market Restraints and Challenges:

Auxiliary display markets throughout the world are not without challenges. Cost is still a problem, particularly for screens with cutting-edge features like transparency or blazingly quick refresh rates. These may result in high costs for customers and impede the general adoption process. There are further integration challenges, especially when adding supplementary displays to older systems. Compatibility problems and the requirement for additional gear or software can be somewhat troublesome. Power consumption is an additional issue. Although e-paper displays consume a lot of electricity, certain auxiliary displays can drain a mobile device's battery quickly. To get beyond this barrier, low-power display technology advancements are essential. The challenge for content producers and creators is to tailor their work for auxiliary displays, which sometimes have smaller screens or unusual forms. Finally, data security and user privacy become critical as auxiliary displays become more integrated with the Internet of Things (IoT). In this changing economy, addressing these issues will be crucial to gaining the trust of customers.

Global Auxiliary Display Market Opportunities:

Growth is being driven by the need for many screens across devices, as seen by-products like gaming consoles with companion screens, laptops that can connect to external monitors with ease, and foldable phones with integrated auxiliary displays. Technological developments in displays are another important factor. While transparent displays provide access to futuristic applications like as smart windows and augmented reality experiences, flexible displays have the potential to revolutionise foldable electronics. Another big possibility is the rapidly expanding Internet of Things (IoT) market. A seamless smart environment may be created by utilizing auxiliary displays as the user-friendly interface for managing smart devices and visualizing data. Beyond these broad tendencies, specialized applications can still be investigated. Consider smart glasses with additional displays for information retrieval or wearable HUDs for athletes. In the end, the user experience should come first. Through the resolution of issues related to cost, integration, and power consumption, producers may provide auxiliary displays that are easy to use and improve our interactions with technology on a variety of devices and applications.

AUXILIARY DISPLAY MARKET REPORT COVERAGE:

Global Auxiliary Display Market Segmentation: By Type of Display

• E-Paper

• LCD

• OLED

• MicroLED

There are two contenders in the auxiliary display market's struggle for supremacy in display technology. At now, e-paper displays are the most popular type of display due to their low battery consumption and high readability, making them ideal for wearables and e-readers. OLED screens, on the other hand, are expanding at the highest rate because of their better images and falling prices. Although micro LEDs have fascinating qualities, their exorbitant cost keeps them off the market for the time being.

Global Auxiliary Display Market Segmentation: By Application

• Consumer Electronics

• Automotive

• Medical

• Industrial

Currently holding the highest market share in consumer electronics, with its expanding market for game consoles with companion displays, multi-monitor setups, and foldable phones. But the fastest-growing sector is the automobile one, because of the growing demand for technologies like digital dashboards, back entertainment systems, and head-up displays. With automobiles becoming more and more tech-focused, supplementary screens will be essential for providing information and enhancing the in-car experience.

Global Auxiliary Display Market Segmentation: By Connectivity

• Wired

• Wireless

Currently, wired connections have the biggest market share because of their dependability and minimal latency, particularly for applications like computer and gaming console screens. Nonetheless, the fastest increase is being seen in wireless connection. Bluetooth and Wi-Fi connections are becoming more and more appealing for mobile devices and consumer electronics as wireless technology resolves latency and signal strength issues, providing a more comfortable cable-free experience.

Global Auxiliary Display Market Segmentation: By Region

• North America 

• Asia-Pacific 

• Europe 

• South America 

• Middle East and Africa

The Asia Pacific (APAC) and North American regions comprise the two main segments of the worldwide auxiliary display industry. APAC is anticipated to develop at the highest rate among market segments due to its robust consumer electronics sector, high smartphone penetration rate, and government backing for technical improvements. However, because of its early embrace of technology, huge investment in research and development, and emphasis on user experience, North America presently retains the highest market share. Although North America now holds the top spot in the auxiliary display industry, APAC's explosive expansion implies it might overtake North America as the market leader soon.

COVID-19 Impact Analysis on the Global Auxiliary Display Market:

The COVID-19 epidemic had an impact on the auxiliary display business globally. There may have been a scarcity of these secondary screens due to production slowdowns brought on by disruptions in the intricate international supply chain. Still, the effect varied depending on the application. While demand may have decreased in industries afflicted by production halts, such as the automobile industry, the requirement for auxiliary displays in the healthcare industry (think medical equipment) may have increased in response to new issues. It's interesting to note that the popularity of remote work may offer a new option. An additional computer monitor may become more and more in demand as home offices prioritize ergonomics to develop extended desktop arrangements. In conclusion, the auxiliary display market most certainly had a mixed bag of consequences during the COVID-19 era.

Recent Trends and Developments in the Global Auxiliary Display Market:

Innovative developments are driving an interesting trajectory for the global auxiliary display market. The multi-screen craze, which makes people yearn for greater screen space on several devices, is one major motivator. The growing popularity of laptops that can easily connect to external monitors and foldable phones with built-in auxiliary screens is evidence of this. Transparent display technology advances are a noteworthy topic to keep an eye on. Imagine streamlined appliances with transparent auxiliary screens for notifications, or automobile windscreens that serve as information displays. Lastly, a network of smart devices is being woven across our businesses and homes via the Internet of Things (IoT). With their intuitive control and data visualization capabilities, auxiliary displays are ideally positioned to take on the role of the interface for this networked world and create an intelligent atmosphere.

Key Players:

1. E Ink Holdings Inc.

2. LG Electronics Inc.

3. Pervasive Displays Inc.

4. Plastic Logic HK Ltd.

5. Samsung Electronics Co. Ltd.