Press release
Key Trend Reshaping the Flat Panel Display Market in 2025: Advancements In The AI-enabled Flat Panel Display Market
Flat Panel Display Market Growth
The growth of the automotive industry is expected to drive the flat panel display market. Advances in vehicle technology, along with the rising demand for electric and autonomous vehicles, are driving the automotive sector. Flat panel displays are used in automotive infotainment systems, enhancing user experience and vehicle safety. In January 2024, the European Automobile Manufacturers' Association reported that EU car sales grew by 13.9% in 2023. The automotive industry's growth is stimulating the demand for flat panel displays.
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What is the future CAGR of the flat panel display market, and how will it impact industry expansion?
The flat panel display market has grown steadily in recent years. It is projected to increase from $138.21 billion in 2024 to $147.86 billion in 2025, with a CAGR of 7.0%. This growth is linked to technological advancements, rising consumer demand for high-quality displays, falling prices, regulatory standards, and growing environmental concerns.
The flat-panel display market is expected to grow to $191.1 billion by 2029, at a CAGR of 6.6%. This growth is driven by new display technologies, flexible displays, AR and VR demand, smart device integration, and energy efficiency needs. Trends include large-screen display growth, technology convergence, sustainability efforts, and rapid innovation.
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What are the most significant trends transforming the flat panel display market today?
Major companies in the flat panel display market are introducing AI-enabled interactive flat panels with advanced features to meet customer needs. AI-enabled interactive flat panels offer seamless interaction through touch, gesture, or voice. For example, in May 2023, MAXHUB, a Netherlands-based audiovisual solutions provider, launched the AI-powered V6 Series of interactive flat panels, which include features like powerful whiteboard functions, exceptional audio-visual capabilities, and seamless screen sharing, designed for corporate and educational settings.
Which key market segments comprise the flat panel display market and drive its revenue growth?
The flat panel display market covered in this report is segmented -
1) By Technology: Liquid Crystal Display (LCD), Organic Light Emitting Diode (OLED), Light Emitting Diode (LED), Quantum Dot, Other Technologies
2) By Screen Size: Small Screen, Medium Screen, Large Screen
3) By Application: Smartphone And Tablet, Television And Digital Signage, Personal Computer (PC) And Laptop, Vehicle Display, Smart Wearable, Other Applications
Subsegments:
1) By Liquid Crystal Display (LCD): Twisted Nematic (TN), In-Plane Switching (IPS), Vertical Alignment (VA), Advanced Fringe Field Switching (AFFS)
2) By Organic Light Emitting Diode (OLED): Active Matrix OLED (AMOLED), Passive Matrix OLED (PMOLED), Transparent OLED, Flexible OLED
3) By Light Emitting Diode (LED): Edge-lit LED, Back-lit LED, MicroLED
4) By Quantum Dot: QLED (Quantum Dot LED), Nano-LED
4) By Other Technologies: MicroLED, Electroluminescent (EL) Displays, Plasma Displays, ePaper Displays
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Which regions are key players in the growth of the flat panel display market?
North America was the largest region in the flat panel display market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flat panel display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the flat panel display market?
Major companies operating in the flat panel display market are Samsung Electronics Co. Ltd., Sony Corporation, Panasonic Corporation, Toshiba Corporation, BOE Technology Group, Applied Materials Inc., NEC Corporation, Sharp Corporation, LG Display Co. Ltd., Koninklijke Philips N.V., ASUSTeK Computer Inc., Tokyo Electron Limited, TCL Display Technology Holdings Limited, AU Optronics Corporation, Innolux Corp, Japan Display Inc., Planar Systems Inc., BenQ Corporation, Densitron Technologies Plc., Hannstar Display Corporation, Emerging Display Technologies Corporation, Novaled AG, Crystal Display Systems Ltd
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What Is Covered In The Flat Panel Display Global Market Report?
•Market Size Forecast: Examine the flat panel display market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the flat panel display market for a structured understanding.
•Key Players Overview: Analyze major players in the flat panel display market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the flat panel display market.
•Segment Contributions: Evaluate how different segments drive overall growth in the flat panel display market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the flat panel display market.
•Industry Challenges: Identify potential risks and obstacles affecting the flat panel display market.
•Competitive Landscape: Review strategic developments in the flat panel display market, including expansions, agreements, and new product launches.
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