Flat Panel Display Market Outlook Cover New Business Strategy with Upcoming Opportunity 2027

The Flat Panel Display Market is projected to reach US$ 177.3 Bn by 2027, likely to surge at a vigorous 4% CAGR during the assessment period 2022 - 2027.

LCD is more in demand since it uses less power than cathode ray tubes. Even though energy usage rises as screen size does, it still remains substantially lower than that of cathode ray tubes. New technologies like quantum dots are being offered by LCD display manufacturers as an enhancement over conventional LCD displays. LCD can now deliver higher colour saturation, a higher-quality image, and greater brightness thanks to quantum dot technology. For virtual reality, high resolution LCDs are being created. As manufacturers implement LCD technology to meet consumer demand for excellent image quality and clarity, the need for LCD is rising as well in smartphones.

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Key Takeaways of Flat Panel Display Market Study

The LCD segment is estimated to continue to hold significant market share among all segments by technology during the forecast period, as the manufacturers are introducing new technologies offering improvement over traditional LCD displays.
Among all applications consumer electronics segment is estimated to register notable CAGR as the flat panel displays in electronics devices have competitive edge owing to increasing brightness, more pixel support resolution and reduced power consumption.
Asia Pacific is witnessing an impressive growth rate in the flat panel display market as the government in countries such as China, India, Japan are creating opportunities for flat panel display provider by developing the education infrastructure and by adopting the flat panel display for e-learning.

Adoption of Flat Panel Digital Signage by Retail Segment

Deployment FPDs is increasing across various application areas, with the retail segment leading in adoption of flat panel display. Major demand for LCD and PDP technologies is arising from the retail segment for application in flat digital signage. Through digital signage live data, custom made motion, photography, audio, internet content can be displayed which can help the retailers to attract the customers as the digital signage is more eye-catching and memorable than static media. Digital signage is a valuable tool for retailers because it conveys important in-store messages, advertising, and promotions directly to the customers during a critical moment while they are purchasing something, this helps the retailers to generate additional sales revenue.

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Flat Panel Display market: Segmentation

The global Flat Panel Display market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.

Technology

Liquid Crystal Display
Plasma Display
Organic Light Emitting Diode Display
Others

Application

Consumer Electronics Acquisition
LCD Television
Mobile Phone
Personal Computer
Automotive
Others

Region

North America
Latin America
Europe
Asia Pacific excluding Japan
Japan
Middle East & Africa

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More Valuable Insights on Flat Panel Display Market

FMI's report on the Flat Panel Display market  is segmented into four major sections such as technology(liquid crystal display, plasma display, organic light emitting diode display, and others), applications ( consumer electronics, LCD television, mobile phone, personal computer, automotive application and others) and region to help readers understand and lucrative evaluate opportunities in the flat panel display market.

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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