openPR Logo
Press release

Flat Panel Displays Market to Value at 5.8% CAGR by 2020

04-20-2017 02:01 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

Flat Panel Displays Market

Flat Panel Displays Market

The global flat panel display market will attain a value worth US$ 135 Mn over the forecast period 2015-2020.

Rapidly mushrooming consumer electronics industry will remain the key driving force for soaring demand for flat panel display in the global market. The global flat panel display market, valued at US$ 102 Mn in 2015, is likely to gain a considerable uplift by the end of a five-year forecast period 2015-2020. Over the assessment period, PMR estimates the expansion of the market at a CAGR of 5.8%.

The global flat panel display market is primarily driven by rising adoption of FPD in a host of consumer electronics devices, including televisions, mobile devices, laptops, tablets, and desktop monitors. With thriving consumer electronics sector, the market is expected to witness a parallel demand for HMI (human-machine interface) technology. This will, in turn, accelerate the FPD market growth. Moreover, the automotive sector is increasingly raising the demand for flat screen monitors. Rising demand for large-sized displays and a rapid pace of technology adoption will collectively contribute to the market growth. Moreover, manufacturers are increasingly investing in FPD R&D, which is an important factor estimated to boost the market in near future.

Rapid price rebound has been an important factor propelling the demand for flat panel display since the past few years. The emergence of innovative FPD models by leading manufacturers is foreseen to be another key factor escalating the demand. The introduction of OLED to the market is identified to present lucrative opportunities, superior to conventional LCD. Consistent industrial flat panel (IFP) display monitor launches will continue to boost the market further. The global flat panel display market is anticipated to witness a number of application-based opportunities in verticals other than automotive and electronics. Education, media, and advertising sectors are the most likely to spur the demand for FPD within next few years.

In addition, growing usage of flat panel display in high-resolution medical imaging technology is a strong factor expected to impact the market growth positively. The discernible proliferation of mobile computing devices and rapid advancements in semiconductor manufacturing technology are also projected to support the FPD market growth during the forecast period.

By technology, liquid crystal display (LCD) is estimated to remain the dominant segment with a market share of over 86% by 2020 end, and revenues of over US$ 116 Mn. The second largest segment – plasma display will, however, reach a value of over 11 Mn by 2020 end. Organic light emitting diode display (OLED) segment is likely to see substantial growth through 2015 to 2020.

Based on application, consumer electronics will continue to be the leading application segment, followed by the automotive sector.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/12943

On the basis of the regional analysis, the global FPD market is likely to be the most concentrated in emerging Asian countries, attributed to the major cluster of consumer electronics manufacturers in the Asia. APEJ is predicted to remain dominant with nearly 85% share in terms of revenues, whereas Japan will remain the second largest market with around 10% share of the market by 2020 end. Americas and Europe will represent significantly growing markets over the forecast period.

Request to view table of content @ http://www.persistencemarketresearch.com/market-research/flat-panel-displays-market/toc

A few key market players are Sony Corporation, Panasonic Corporation, LG Display Co. Ltd., Sharp Corporation, Samsung Electronics Co. Ltd., and Emerging Display Technologies Corp. Some other notable companies include AU Optronics Corporation, Innolux Corp., Japan Display Inc., and Universal Display Corporation.

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact Us

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Flat Panel Displays Market to Value at 5.8% CAGR by 2020 here

News-ID: 508851 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Display

Interactive Display Market 2023-2030 Trends, Competitive Analysis | Major Player …
Infinity Business Insights published a new research publication on "Interactive Display Market Insights, to 2030"with 160+pages and enriched with self-explained Tables and charts in presentable format. The Interactive Display Market Research Report encompasses growth analysis, regional marketing insights, challenges, opportunities, and drivers. According to the market research reports, the global market is expected to experience steady growth in the coming years. This Interactive Display Market report offers a comprehensive overview of
Interactive Display Screens Market 2021 Competitive Insights - Sharp, Panasonic, …
The "Interactive Display Screens" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The Global Interactive Display Screens Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture
Interactive Display Market Precise Outlook 2020- Samsung Display, LG Display, Pa …
The Global Interactive Display Market Research Report Forecast 2020 - 2026 provides a comprehensive analysis of the market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of the global industry. It provides an in-depth study of the Interactive Display market by using SWOT analysis. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data
LCD Interactive Display Market to See Massive Growth by 2026 | Samsung Display, …
The LCD Interactive Display Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report. Get Free Sample
Display Technologies Market Report 2018: Segmentation by Type (LED, OLED, Virtua …
Global Display Technologies market research report provides company profile for Human Interface Technology Laboratory, Panasonic, Universal Display, Google, LG, Samsung, Innolux, AU Optronics, Avegant, Microvision and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc.
Global Flexible OLED Display Market Showcases Promising Growth during Forecast 2 …
The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Global Flexible OLED Display Market Showcases Promising Growth during Forecast 2018-2026”. The fact based research report on global Flexible OLED Display Market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market.