Press release
Display Market Worth USD 153.73 Bn. in 2022, Projected to Reach USD 196.91 Bn. by 2029
Display Market
Report Scope:
The comprehensive Display Market report offers a thorough examination of industry trends, market dynamics, and key players. Encompassing various aspects including Display Type, Technology, Application, End Use, and regional insights, the report provides a comprehensive understanding of this rapidly evolving market.
Research Methodology:
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What are Display Market Dynamics?
The display market dynamics encompass a range of technologies, with LED displays holding a prominent share due to their versatility and widespread adoption. The emergence of foldable displays and technological innovations, such as improved resolution and brightness, are shaping the market. Online advertising is also experiencing significant growth, capitalizing on increased internet usage and digital engagement.
Drivers:
The display market's remarkable growth is fueled by increasing demand across industries such as medical, automation, industrial wearables, and others. Display technologies, including OLED and liquid crystal, have revolutionized user interfaces and hardware-software interactions, particularly in the context of touchscreens and graphical interfaces. As automation continues to rise, the display market is primed for further expansion, driven by factors such as efficiency gains and cost-effectiveness.
Restraints:
Despite the positive trajectory, certain factors could potentially hinder market growth. Challenges such as supply chain disruptions, technological limitations, and shifts in consumer preferences may impact the pace of expansion.
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What is Display Market Segmentation?
The report delves into various segments, including Display Type, Technology, Application, and End Use. It offers insights into the growth trajectories of segments like OLED, Quantum Dot, LED, Electronic Paper, and LCD, highlighting key trends and factors driving their adoption. Notably, OLED technology's role in transforming the smartphone and smart wearable segments is highlighted.
Display Market by Display type
Flat Panel
Flexible Panel
Transparent Panel
Display Market by Technology
OLED
Quantum Dot
LED
Electronic Paper
LCD
Others
The market is divided into technology segments such as OLED, Quantum Dot, LED, Electronic Paper, LCD, and Others. The liquid crystal display (LCD) sector has passed its peak, and LCD investment will concentrate on boosting production capacity and cutting costs. Because of the epidemic, global demand for large-size LCD display production capacity has risen and has been fast increasing since the second quarter of 2020. According to projections, large-size LCD display production capacity will rise at a compound annual growth rate of 2.2% from 2020 to 2025.
Display Market by Application
Smartphone & Tablet
Smart Wearable
Television and Digital Signage
PC & Laptop
Automotive Display
The market is split by application into Smartphone, Smart Wearable, Television and Digital Signage, PC & Laptop, and Automotive Display. Smartphones are expected to account for a sizable portion of the business. Smartphone manufacturers' increasing use of OLED and flexible screens will drive this rise. Shipments of high-priced flexible OLED displays are fast increasing, and this trend is expected to continue during the forecast period. The smart wearables segment has emerged as a new growth path for the global industry. The market for these devices is rapidly expanding, and as AR/VR technologies become more widely adopted, demand for smart wearables is expected to climb over the projected period.
Display Market by End-User
Healthcare
Consumer Electronics
Retail
BFSI
Military & Defense
Transportation
The market is categorized by End Use into Healthcare, Consumer Electronics, Retail, BFSI, Military & Defense, Transportation, and Others. The consumer electronics business is growing at breakneck speed, thanks to extraordinary technological breakthroughs such as better picture quality in large-screen TVs and the proliferation of smartphones. OLED technology makes these cutting-edge gadgets possible. Consumer demand for OLED items is being fueled by advances in consumer electronics technology as well as worldwide economic growth. Smartphones and television sets commonly employ OLED screens.
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Who are Display Market Key Players?
1. Samsung Electronics Co. Ltd.
2. AU Optronics
3. Japan Display Inc.
4. E Ink Holdings Inc.
5. Hannstar Display Corporation
6. Corning Incorporated
7. Kent Displays Inc.
8. NEC Display Solutions
9. Sony Corporation
10. Innolux Corporation
11. BOE Technology Group Co., Ltd.
12. Sharp Corp. Limited
13. VARITRONIX
14. TCL Display Technology Holdings Limited
15. UNIVERSAL DISPLAY
16. Corning Incorporated
17. NEC Display Solutions
18. Atmel Corporation
19. Cambridge Display Technology Limited
20. HP Development Company
21. L.P.
22. Epson
23. Sony Corporation
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Table of content for the Display Market includes:
Global Display Market: Research Methodology
Global Display Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Display Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Display Market Segmentation
Global Market, by Display type (2021-2029)
Global Market, by Technology (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by End-User (2021-2029)
Regional Display Market(2021-2029)
Regional Market, by Display type (2021-2029)
Regional Market, by Technology (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by End-User(2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Regional Insights:
The Asia-Pacific (APAC) region is expected to experience the highest Compound Annual Growth Rate (CAGR) during the forecast period. Countries like China and South Korea have been at the forefront of display technology investments, with a particular focus on OLED advancements. Additionally, the North American region, led by the United States, is anticipated to maintain a significant market share due to increased spending on media and entertainment, driving display demand.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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