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Display Market Expanding Rapidly - Analysis of Leading Market Players LG Display Co. Ltd., Samsung Electronics Co. Ltd., AU Optronics,Japan Display Inc., E Ink Holdings Inc.
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In 2017, the flat panel segment dominated the global display market in the display type category, in terms of revenue. However, the transparent panel segment is expected to grow at the highest CAGR during the forecast period.
At present, North America dominates the market, followed by Europe. In 2017, U.S. dominated the North America market and UK led the overall market in Europe. However, in Asia-Pacific, China currently dominates the market.
Comprehensive and Competitive Analysis of Dominating Market Players
•LG Display Co. Ltd.
•Samsung Electronics Co. Ltd.
•AU Optronics
•Japan Display Inc.
•E Ink Holdings Inc.
•Hannstar Display Corporation
•Corning Incorporated
•Kent Displays Inc.
•NEC Display Solutions
•Sony Corporation
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High demand for flexible display technology in consumer electronic devices, increase in adoption of electronic components in the automotive sector, and rise in trend of touch-based devices drive the growth of the global display market. In addition, great adoption of AR/VR devices and commercialization of autonomous vehicles is anticipated to provide potential growth opportunities for the market. However, high cost of the transparent and quantum dot display technologies and stagnant growth of desktop PCs, notebook, and tablets restraints the growth of the global display market.
Analyst Says,
In 2017, the flat panel segment dominated the global display market in the display type category, in terms of revenue. However, the transparent panel segment is expected to grow at a highest CAGR during the forecast period. By technology, the LCD segment is anticipated to dominate the market throughout the forecast period (2018‐“2025). Moreover, the television & digital signage segment dominates the overall display market, in terms of industry vertical. The display market signifies a promising future for the technological industry. The companies have been adopting innovative techniques to provide customers with advanced and innovated product offerings.
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