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Display Market by Type (Flat Panel, Flexible Panel, and Transparent Panel), Technology (OLED, Quantum Dot, LED) Opportunity and Forecast 2018-2025

01-28-2019 10:43 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Display Market

Display Market

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.

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.

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.

According to a recent report published by Allied Market Research, titled, Global Display Market by Display type, Technology, Application and Industry vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global display market was valued at $115.60 billion in 2017, and is projected to reach $206.29 billion by 2025, growing at a CAGR of 7.4% from 2018 to 2025.

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Key Findings of the Display Market:
• Based on display type, the flat panel segment led the global display market in 2017. However, the transparent panel segment is anticipated to grow at the highest CAGR during the forecast period (2018-2025).
• North America held the majority of the market share in 2017.
• By industry vertical, the television & digital signage segment has been dominating the global display market in 2017. However, the automotive segment is expected to grow at the highest CAGR during the forecast period (2018-2025).
• Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.

Key Market Players Profiled
• 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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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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