The report throws light on the competitive scenario of the global Display market to know the competition at both the domestic and global levels. It covers all the key aspects such as areas of operation, production, and product portfolio. Additionally, Display market players in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.
Comprehensive Market Report Highlights Value, Segmentation, and Regional Insights for the Display Market
Display Market Value :
Display Market was worth US$ 153.73 Bn in 2022 and total revenue is expected to grow at a rate of 3.6 % CAGR from 2023 to 2029, reaching almost US$ 196.91 Bn in 2029.
Display Market Segmentation
by Display type
The market is divided into OLED, Quantum Dot, LED, Electronic Paper, LCD, and Others based on technology. The liquid crystal display (LCD) market has reached its peak stage of growth, and LCD investment will be focused on boosting output and bringing down prices. Since the second quarter of 2020, there has been a sharp increase in demand for large-size LCD display production capacity due to the epidemic. Forecasts indicate that from 2020 to 2025, the production capacity for large-size LCD displays is likely to increase at a compound annual growth rate of 2.2%.
OLED screens have a low power consumption characteristic that includes levels of battery energy preservation. Because OLED technology lacks a backlight, each pixel has its own light source, which improves the viewing angle. Due to the LCD display market’s high levels of cost effectiveness, manufacturers are switching to OLED production because of some of these benefits. Manufacturers should concentrate on creating flexible displays that are lighter, thinner, and less likely to break than traditional displays. Due to the rise of autonomous vehicles and the use of flexible displays in AR/VR devices, these display systems have been integrated into automobiles.
Smartphone & Tablet
Television and Digital Signage
PC & Laptop
The market is further divided into Smartphone, Smart Wearable, Television and Digital Signage, PC & Laptop, and Automotive Display based on application. Most of the market will probably be made up of smartphones. This rise will be fueled by the growing use of OLED and flexible screens by smartphone manufacturers. Shipments of expensive flexible OLED displays are growing quickly, and the forecast year is expected to see this trend continue. The market’s new growth path has been identified as the category for smart wearables. The demand for these gadgets is expected to increase throughout the projected period as a result of the rapidly expanding market for these products and the widespread use of AR and VR technology.
By the end of 2026, TV revenue is anticipated to increase significantly, reaching US$157,100 million. More companies are releasing high-end televisions with cutting-edge display technologies. They include technologies like LCD, LED, OLED, and others. OLED televisions are the focus of producers because they use a material that lights up when an electric current is applied. The thickness and weight of the TV are also reduced thanks to this new material.
Military & Defense
Healthcare, Consumer Electronics, Retail, BFSI, Military & Defence, Transportation, and Others are the sub-segments of the market that are broken down based on end use. The consumer electronics sector is expanding at a fast rate thanks to amazing technological advancements like the rise of smartphones and enhanced picture quality in large-screen TVs. The OLED technology enables the creation of these ground-breaking items. customer electronics technology advancements and global economic expansion are driving customer demand for OLED products. Smartphones and televisions frequently employ OLED displays.
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Display Market Report Purpose
Global Display Market published by Maximize Market Research is the culmination of thorough primary and secondary research. The qualitative and quantitative data in the Display Market report is expected to assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.
Maximize Market Research’s report on Display Market includes a PESTLE analysis, which aids in the development of company strategies. Political variables can help you figure out how much a government can influence the Display market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Display market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Display market is aided by legal factors.
Display Market Regional Insights
- North America
- The MEA
- Latin America
The study’s examination of the Display Market looks at the supply chains of manufacturers, current laws and regulations, supply chains, cost structures, and market share. By examining the pricing of the commodities in the region in proportion to the profit created, the regional markets for the Display Market are explored.
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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- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation: A detailed analysis Display
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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