Stretched LCD displays are a type of display technology that features a unique aspect ratio, typically much longer and narrower than traditional displays. This unique form factor makes them ideal for a variety of applications where space is limited, such as transportation, retail, and digital signage. Here are some of the key application scenarios for stretched LCD displays and the market size in 2020:
Stretched LCD displays are commonly used in transportation settings, such as airports, train stations, and bus terminals, where they can display arrival and departure times, wayfinding information, and advertising. The global market size for transportation displays was valued at $8.48 billion in 2020, according to a report.
In retail settings, stretched LCD displays can be used for advertising and promotional displays, as well as to highlight specific products or product categories. They can also be used to convey important information, such as store hours or sales events. The global market size for retail displays was valued at $6.24 billion in 2020, according to MarketsandMarkets.
Stretched LCD displays can also be found in the hospitality industry, such as in hotels and restaurants, where they can be used for digital menus, promotional displays, and wayfinding information. They can also be used in hotel lobbies to display important information, such as weather updates, local attractions, and hotel amenities.
In healthcare settings, stretched LCD displays can be used for patient education, wayfinding, and digital signage. They can also be used to display important information, such as appointment schedules, patient instructions, and emergency alerts.
Stretched LCD displays can also be used in gaming applications, such as in casinos and arcades, where they can display game information, odds, and payout tables. They can also be used in gaming machines and consoles to display game graphics and animations.
In terms of market size, the global stretched display market was valued at $4.28 billion in 2020, according to a report by Mordor Intelligence. The report predicts that the market will continue to grow at a CAGR of 6.3% from 2021 to 2026, driven by factors such as increasing demand for digital signage in retail and transportation, rising adoption of OLED displays, and the growing trend of smart transportation systems. The Asia-Pacific region is expected to be the largest market for stretched LCD displays during this period, drivenby the growth of the retail and transportation sectors in countries such as China, Japan, and South Korea.
6 Customized applications
Stretched LCD displays are also used in a range of customized applications, such as in control panels, kiosks, and vending machines. They can be customized to fit specific dimensions and aspect ratios, making them ideal for unique applications where traditional displays may not be suitable.
Overall, the flexibility and unique form factor of stretched LCD displays make them an ideal choice for a wide range of applications, from transportation and retail to digital signage and gaming. With the continued growth of these industries and increasing demand for digital displays, the market for stretched LCD displays is expected to continue to grow in the coming years.