lcd panel market share for sale

The global TFT-LCD display panel market attained a value of USD 181.67 billion in 2022. It is expected to grow further in the forecast period of 2023-2028 with a CAGR of 5.2% and is projected to reach a value of USD 246.25 billion by 2028.

The current global TFT-LCD display panel market is driven by the increasing demand for flat panel TVs, good quality smartphones, tablets, and vehicle monitoring systems along with the growing gaming industry. The global display market is dominated by the flat panel display with TFT-LCD display panel being the most popular flat panel type and is being driven by strong demand from emerging economies, especially those in Asia Pacific like India, China, Korea, and Taiwan, among others. The rising demand for consumer electronics like LCD TVs, PCs, laptops, SLR cameras, navigation equipment and others have been aiding the growth of the industry.

TFT-LCD display panel is a type of liquid crystal display where each pixel is attached to a thin film transistor. Since the early 2000s, all LCD computer screens are TFT as they have a better response time and improved colour quality. With favourable properties like being light weight, slim, high in resolution and low in power consumption, they are in high demand in almost all sectors where displays are needed. Even with their larger dimensions, TFT-LCD display panel are more feasible as they can be viewed from a wider angle, are not susceptible to reflection and are lighter weight than traditional CRT TVs.

The global TFT-LCD display panel market is being driven by the growing household demand for average and large-sized flat panel TVs as well as a growing demand for slim, high-resolution smart phones with large screens. The rising demand for portable and small-sized tablets in the educational and commercial sectors has also been aiding the TFT-LCD display panel market growth. Increasing demand for automotive displays, a growing gaming industry and the emerging popularity of 3D cinema, are all major drivers for the market. Despite the concerns about an over-supply in the market, the shipments of large TFT-LCD display panel again rose in 2020.

North America is the largest market for TFT-LCD display panel, with over one-third of the global share. It is followed closely by the Asia-Pacific region, where countries like India, China, Korea, and Taiwan are significant emerging market for TFT-LCD display panels. China and India are among the fastest growing markets in the region. The growth of the demand in these regions have been assisted by the growth in their economy, a rise in disposable incomes and an increasing demand for consumer electronics.

The report gives a detailed analysis of the following key players in the global TFT-LCD display panel Market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

The global LCD TV (Liquid Crystal Display Television) market was dominated by Samsung and remained so in 2021 with a market share of over 19 percent by sales volume. LG Electronics takes second place with close to 13 percent in the same year, to beat TLC, one of the well-established brands in this segment.Read moreMarket share of leading LCD TV manufacturers worldwide from 2019 to 2021, by sales volumeCharacteristic202120202019----

TCL. (March 11, 2022). Market share of leading LCD TV manufacturers worldwide from 2019 to 2021, by sales volume [Graph]. In Statista. Retrieved December 20, 2022, from https://www.statista.com/statistics/1266996/global-leading-manufacturers-lcd-tv-market-share-sales-volume/

TCL. "Market share of leading LCD TV manufacturers worldwide from 2019 to 2021, by sales volume." Chart. March 11, 2022. Statista. Accessed December 20, 2022. https://www.statista.com/statistics/1266996/global-leading-manufacturers-lcd-tv-market-share-sales-volume/

TCL. (2022). Market share of leading LCD TV manufacturers worldwide from 2019 to 2021, by sales volume. Statista. Statista Inc.. Accessed: December 20, 2022. https://www.statista.com/statistics/1266996/global-leading-manufacturers-lcd-tv-market-share-sales-volume/

TCL. "Market Share of Leading Lcd Tv Manufacturers Worldwide from 2019 to 2021, by Sales Volume." Statista, Statista Inc., 11 Mar 2022, https://www.statista.com/statistics/1266996/global-leading-manufacturers-lcd-tv-market-share-sales-volume/

TCL, Market share of leading LCD TV manufacturers worldwide from 2019 to 2021, by sales volume Statista, https://www.statista.com/statistics/1266996/global-leading-manufacturers-lcd-tv-market-share-sales-volume/ (last visited December 20, 2022)

Westford, USA, Aug. 25, 2022 (GLOBE NEWSWIRE) -- According to SkyQuest study, global sales volume of touch screen displays exceeded 2.3 billion units between march 2021–March 2022. The large growth in the touch screen display market is driven by a variety of factors, including the growing demand for tablet devices and computing platforms that incorporate touchscreens. Some of the major players in the global touch screen market include Samsung Electronics Co., Ltd., LG Display Co., Ltd., and Huawei Technologies Co., Ltd.

Touch screen technology is quickly becoming the norm in various equipment, as its capabilities continue to increase. As per SkyQuest market analysis, global touch screen display market witnessing a large part of this demand due to its use in desktop and laptop PC"s, as well as in other electronic devices like smartphones and tablets. Additionally, touchscreens are becoming more common in car dashboard displays, navigations systems and gaming consoles. In 2021, more than 1.5 billion smartphones were sold and annual shipment of smartphones was pegged at 1.36 billion. Wherein, North America alone accounted for nearly 202 million units.

Some of the latest examples of this trend in the global touch screen market include aircraft cockpit displays and factory production lines. Aircraft cockpits are one area where touch screens have become increasingly popular. They are used for everything from navigation to controlling the flight deck environment. In factories, touchscreens are becoming common in areas such as quality control, order picking, and inventory management. These screens provide workers with easy access to information and help them make faster decisions.

Touch screen displays are the most widely used type of display on smartphones, tablets, laptops, gaming devices and other types of portable electronic devices. According to SkyQuest findings, in 2021, TPS accounted for more than 80% of the global smartphone market share.

Although other companies like Lenovo, HP, and Acer are starting to produce touch screen displays, it is still predominantly Samsung, LG, and Boe that hold the majority of the market share. In 2021, these three companies accounted for 68.7% of all global touch screen display market. This dominance comes as no surprise, as these companies have been leading the way in touchscreen technology for years. They have developed innovative designs and manufacturing processes that have made their products some of the most popular on the market.

Despite this dominance, there are some new entrants into the market such as AU Optronics and Sony Corporation. AU Optronics has been particularly successful in Southeast Asia and has been able to gain a sizeable market share in China. Sony Corporation is also expecting good results from its latest product releases in 2022.

Overall, despite some competition from new entrants, Samsung, LG, and Apple will continue to hold a majority of the global market share for touch screen displays market.

As per SkyQuest market analysis, global touch screen display market has been witnessing a dramatic decline in the sales of capacitive touch screen display since 2013. Until then, it was dominating the market and was enjoying higher market share. In 2013, the segment was holding more than 75% global market, which went on to decrease with the advent of other display technologies such as AMOLED, TFT LCD, and OLED, among others. As of 2021, the capacitive touch screen display market share has come down to less than 20%. This can be mainly attributed to declined use in smartphones, which is the largest segment of the market and holding more than 71% of the global touch screen display market. However, AMOLED displays - which use self-healing technology - are reportedly seeing increased demand from customers.

AMOLED panels are known for their high brightness and contrast levels, which makes them ideal for use in smartphones and other mobile devices. Other factors that are contributing to the increased demand for AMOLED displays include the growing popularity of virtual reality and augmented reality applications. In 2021, over 500 million AMOLED touch screen displays were sold in the market and the number is expected to increase at a CAGR of 8.2% in the years to come.

Despite the growth in demand for AMOLED displays, capacitive touch screen displays will continue to be used in a smartphones and other mobile devices. This is because they are cheaper and easier to manufacture than AMOLED panels, and they offer improved performance in terms of viewing angles and touch sensitivity.

SkyQuest has published a report on global touch screen display market that offers a detailed insights on type of technologies available in the market and their market share. The report provides deeper insights in terms of value and volume of each type as well as their forecast until 2028. This will help the market participants get answers to numerous prominent questions such as how market is changing, what technology is leading, and what factors are responsible for their growth and decline.

SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

Westford,USA, Oct. 19, 2022 (GLOBE NEWSWIRE) -- The primary factors driving the growth of the Display Market are increasing demand from smartphone and tablet manufacturers, rising expenditure on smart Infra-Red (IR) sensors, and rapid expansion of digital media content. Smartphones are becoming more sophisticated and are using larger screens that require higher resolutions for better user experience. Tablets are also becoming increasingly popular as they offer a single device that can serve as both a computer and a mobile phone. This increase in demand for high-resolution displays is expected to drive the adoption of LED displays in the coming years.

Manufacturers in the global display market are starting to see the potential in displays as an important part of their product lines. Device manufacturers are looking for displays that can be used on a variety of devices, from laptops to smartphones and even cars. In addition, developers are creating more applications that require high-quality displays.

One key challenge facing manufacturers is making sure that their displays meet the requirements of multiple market segments. They need to make sure that their displays are suitable for usage on tablets as well as laptops, yet they also need to create displays that look good on smaller devices like smartphones and digital assistants.

The growth in demand for display market across various verticals such as healthcare, retail, automotive, appliance and others has led to an increasing demand for large sizes screens which can be cost effective owing to their mass production capabilities. Display manufacturers are also exploring new technologies such as flexible displays that can be rolled up like a traditional newspaper

Our report considers several factors such as market size estimation techniques, product segmentation analysis, expenditure Breakdown by Country and region; Porter"s Five Forces Analysis; and price trends analysis to give you a comprehensive view of the global display market.

Some of the key players in the global display market include LG Display Co., Ltd., Samsung Electronics Co., Ltd., and Sharp Corporation. These companies are focused on developing innovative products that meet the needs of various consumers in the marketplace. They also strive to improve their competitiveness by expanding their product lines into new markets and by creating partnerships with other companies to share technology and manufacturing resources.

Among global display market leaders, Samsung is presently dominating the industry with a share of 38% of the market. However, Apple is looming large as one of the largest competitors in smartphone sector. Other prominent players in this segment include LG Display, Sony Corp, and Toshiba Corporation. Among these companies, LG Display has been fastest expanding its business over recent years owing to its focus on emerging markets such as China and India.

For one, it"s heavily invested in research and development in the display market. According to analysts at SkyQuest, Samsung spends more than $13.7 billion a year on R&D, more than any other company in the world. That investment has paid off: The company"s displays are consistently among the best on the market.

Samsung also makes good use of its deep pockets. The company has poured money into forming joint ventures with major chipmakers like Qualcomm and Intel, which allows it to quickly bring new technologies to market. It doesn"t just rely on partnerships; Samsung also invests in its own technology centers, such as the foundry that produces screens for its smartphones.

One important technology that Samsung is investing in is AMOLED and QLED screens. QLEDs are generally considered to be more environmentally friendly than LCDs, since they use less power and create fewer byproducts.

The main drivers for Samsung"s strong performance in the display market are its diversification across product lines, continuous innovation across product categories, and excellent execution capabilities. The company has been able to expand into new markets such as automotive displays and smart watches, while continuing to focus on profitable core products.

Samsung has also been successful in pushing down prices for OLED displays over the past few years. This has made OLED panels more accessible to a wider range of customers, supporting growth at rival companies such as LG Electronics and Sony.

In recent years, there has been a shift in display technology as manufacturers across the global display market experiment with new and more innovative ways to create displays. The trend observed by SkyQuest worldwide is that display technologies are moving towards OLEDs and quantum dots, both of which have a number of advantages.

Quantum dots or QLED offer many advantages over traditional LCDs in the display market, such as better color reproduction, enhanced viewing angles, better response time, and lower power consumption. Their small size also makes them ideal for applications where sliding or tilting LCD panels are not possible or desirable. Quantum dot displays have already begun appearing in consumer electronics and will eventually replace traditional LCDs as the predominant type of display in devices like smartphones and tablets.

SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

The Liquid Crystal Display (LCD)-enabled electronic devices, such as television, mobile phones and others, is creating potential opportunities for the LCD panel market. In the past couple of years, LCD panels have gained popularity owing to their advanced properties that include less power consumption, compact size and low price.

Moreover, over the past two decades, the LCD technology of has made impressive progress. The electronic displays available at present make use of a wide variety of active LCD panels. The LCD panel market is one of the significantly growing markets due to the increasing demand for LCD displays & low power consumption electronic goods, as well as increase in the demand for touch-enabled displays.

An LCD panel is designed to project on-screen information. At present, LCD panels are suited with high-mobility electronic equipment. LCDs with improved video quality are gaining momentum in all developed and developing economies. These factors are projected to propel the global LCD panel market.

The major growth drivers of the LCD panel market include an increase in the demand for energy-efficient electronic products as well as for larger and 4K televisions. Furthermore, growth in the demand for energy-efficient electronic devices is surging the global LCD panel market.

Demand for high-quality screens, coupled with improving standards of living and inflating disposable income, are among key factors boosting the LCD Panel market. In addition, increase in the adoption of consumer electronic devices is projected to drive the global LCD panel market.

However, one of the major challenges of the LCD panel market are the higher cost and thickness of the display of these devices as compared to other modules. The LCD panel market is expected to witness sluggish and unpredictable growth owing to a quantitative decline in the number of LCD displays.

Moreover, financial uncertainty and macroeconomic situations around the world, such as fluctuating currency exchange rates and economic difficulties, are some of the major factors hindering the growth of the LCD panel market. However, increased competition from alternative technologies and LCD panel complex structure is likely to limit the growth of the LCD panel market.

At present, North America holds the largest market share for the LCD panel market due an increase in the demand for consumer electronic devices. Due to the presence of key LCD panel manufacturers in China and Japan, Asia Pacific is expected to become the prominent region for the LCD panel market.

In addition, the unorganized market of LCD panels in China, Japan and India is creating a competitive environment for global LCD panel manufacturers. Moreover, Europe is the fastest-growing market for LCD panels due to an increase in the adoption of consumer electronics devices. The demand for LCD panels has risen dramatically over the past 12 months globally. The usage of LCD displays in various industries in these regions is boosting the LCD panel market.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Due to an increase in the demand for large LCD displays, the large size LCD panel sub-segment is expected to register double-digit growth rate in the global market. In addition, due to an increase in the demand for portable electronic devices, the small size LCD panel sub-segment is projected to be the most attractive market sub-segment of the global LCD panel market.

The smart phones and tablets sub-segment held the largest market share for the LDC panel market in 2017, and the wearable devices sub-segment is expected to grow with a high CAGR during the forecast period.

LCD TV Panel Market is 2022 Research Report on Global professional and comprehensive report on the LCD TV Panel Market. The report monitors the key trends and market drivers in the current scenario and offers on the ground insights. Top Key Players are – Samsung Display, LG Display, Innolux Crop., AUO, CSOT, BOE, Sharp, Panasonic, CEC-Panda.

Global “LCD TV Panel Market” (2022-2028) the report additionally centers around worldwide significant makers of the LCD TV Panel market with important data, such as, company profiles, segmentation information, challenges and limitations, driving factors, value, cost, income and contact data. Upstream primitive materials and hardware, coupled with downstream request examination is likewise completed. The Global LCD TV Panel market improvement patterns and marketing channels are breaking down. In conclusion, the attainability of new speculation ventures is surveyed and in general, the research ends advertised.

Global LCD TV Panel Market Report 2022 is spread across 117 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

The information for each competitor includes – Company Profile, Main Business Information, SWOT Analysis, Sales, Revenue, Price and Gross Margin, Market Share.

LCD displays utilize two sheets of polarizing material with a liquid crystal solution between them. An electric current passed through the liquid causes the crystals to align so that light cannot pass through them. Each crystal, therefore, is like a shutter, either allowing light to pass through or blocking the light. LCD panel is the key components of LCD display. And the price trends of LCD panel directly affect the price of liquid crystal displays. LCD panel consists of several components: Glass substrate, drive electronics, polarizers, color filters etc. Only LCD panel applied for TV will be counted in this report.

Due to the COVID-19 pandemic, the global LCD TV Panel market size is estimated to be worth USD 53490 million in 2021 and is forecast to a readjusted size of USD 53490 million by 2028 with a CAGR of 2.2% during the review period. Fully considering the economic change by this health crisis, by Size accounting for (%) of the LCD TV Panel global market in 2021, is projected to value USD million by 2028, growing at a revised (%) CAGR in the post-COVID-19 period. While by Size segment is altered to an (%) CAGR throughout this forecast period.

Global LCD TV Panel key players include Samsung Display, LG Display, Innolux Crop, AUO, CSOT, etc. Global top five manufacturers hold a share over 80%.

The global LCD TV Panel market is segmented by company, region (country), by Size and by Application. Players, stakeholders, and other participants in the global LCD TV Panel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Size and by Application for the period 2017-2028.

Global LCD TV Panel market analysis and market size information is provided by regions (countries). Segment by Application, the LCD TV Panel market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report includes region-wise LCD TV Panel market forecast period from history 2017-2028. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2017-2028.

The report introduced the LCD TV Panel basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

LCD TV Panel market size competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2017-2021. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2017-2021. Details included are company description, major business, company total revenue and the sales, revenue generated in LCD TV Panel business, the date to enter into the LCD TV Panel market, LCD TV Panel product introduction, recent developments, etc.

The report offers detailed coverage of LCD TV Panel industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading LCD TV Panel by geography. The report splits the market size, by volume and value, on the basis of application type and geography. Report covers the present status and the future prospects of the global LCD TV Panel market for 2017-2028.

Global LCD TV Panel Market report forecast to 2028 is a professional and comprehensive research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food and beverage industry is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. China is the global manufacturing hub, with the presence of and the largest raw material suppliers. The overall market breaks down due to COVID-19 is also affecting the growth of thebaconmarket due to shutting down of factories, obstacle in supply chain, and downturn in world economy.

To Know How COVID-19 Pandemic Will Impact LCD TV Panel Market/Industry- Request a sample copy of the report-https://www.researchreportsworld.com/enquiry/request-covid19/21019731

The report offers exhaustive assessment of different region-wise and country-wise LCD TV Panel market such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

For the period 2017-2028, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global LCD TV Panel market. For the period 2017-2021, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.

What are the market opportunities and threats faced by the vendors in the global LCD TV Panel market? What industrial trends, drivers, and challenges are manipulating its growth?

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.

With tables and figures helping analyze worldwide Global LCD TV Panel market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

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According to IMARC Group’s latest report, titled “TFT LCD Panel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global TFT LCD panel market size reached US$ 157 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 207.6 Billion by 2027, exhibiting a growth rate (CAGR) of 4.7% during 2022-2027.

A thin-film-transistor liquid-crystal display (TFT LCD) panel is a liquid crystal display that is generally attached to a thin film transistor. It is an energy-efficient product variant that offers a superior quality viewing experience without straining the eye. Additionally, it is lightweight, less prone to reflection and provides a wider viewing angle and sharp images. Consequently, it is generally utilized in the manufacturing of numerous electronic and handheld devices. Some of the commonly available TFT LCD panels in the market include twisted nematic, in-plane switching, advanced fringe field switching, patterned vertical alignment and an advanced super view.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

The global market is primarily driven by continual technological advancements in the display technology. This is supported by the introduction of plasma enhanced chemical vapor deposition (PECVD) technology to manufacture TFT panels that offers uniform thickness and cracking resistance to the product. Along with this, the widespread adoption of the TFT LCD panels in the production of automobiles dashboards that provide high resolution and reliability to the driver is gaining prominence across the globe. Furthermore, the increasing demand for compact-sized display panels and 4K television variants are contributing to the market growth. Moreover, the rising penetration of electronic devices, such as smartphones, tablets and laptops among the masses, is creating a positive outlook for the market. Other factors, including inflating disposable incomes of the masses, changing lifestyle patterns, and increasing investments in research and development (R&D) activities, are further projected to drive the market growth.

The competitive landscape of the TFT LCD panel market has been studied in the report with the detailed profiles of the key players operating in the market.

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

The U.S. large screen display market size was valued at $2.91 billion in 2020, and is projected to reach $8.45 billion by 2030, registering a CAGR of 11.0% from 2021 to 2030. Large screen displays are a class of large display screen formats, which improve the visual experience with its professional-grade image quality and are mostly used for endorsing and advertising. These displays have replaced the traditional small and micro-display screens with large wall-sized LED and LCD displays, used across various industries. They are designed for applications that require the vendors to engage their customers/audiences with its wider viewing angle and to extract maximum effectiveness from the marketing messages. In addition, these displays ensure higher durability and enhanced performance as against traditional display screens. Large screen displays are mostly suited for retail store, lobby, control room, or other professional application.

In the current business scenario, it is crucial to employ efficient systems for advertising, owing to the development of numerous user engagement devices and applications. Large screen displays are a cost-effective medium of promoting and branding any product or service; this advantage drives the U.S. large screen display market growth.

In addition, these displays provide high wavelength uniformity for fine pixel pitch displays. Further, they consume less power and deliver increased brightness, ultrahigh definition picture quality, improved color saturation, and faster response rate as compared to small OLEDs and LCDs, and thus, are suited for both indoor and outdoor displays.

Rise in demand for bright and power-efficient display panels and rapid digitalization and decline in demand for traditional billboards are the factors that drive the growth of theU.S. large screen display market.However, deployment of widescreen alternatives such as projectors and screenless displays, hampers the market growth to a certain extent. Furthermore, emerging display technology such as MicroLED and quantum dots and increase in preference of electronic giants toward large-screen displays offer lucrative opportunities for the U.S. large screen display market.

The U.S. large screen display market is segmented on the basis of screen size, application, product, location, end user, and region. By screen size, the market is classified into 80 Inch to 99 Inch, 100 inch to 149-inch, 150 inch to 199-inch, 200 inch to 300 inch, and above 300-inch segments. In 2020, the 80 Inch to 99 Inch segment secured highest revenue share and is expected to follow same trend during forecast period. Based on application, the market is divided into B to B and B to C applications, among which B to B segment is expected to dominate the U.S. large screen display market share.

By product, the U.S. large screen display market is categorized into single screen, video wall and projector. Based on location, it is segregated into indoor and outdoor.  By end user, it is categorized into retail, education, healthcare, corporate, stadiums, media & entertainment, government, and others. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The corporate segment was the highest contributor to the market in 2020, owing to increase in adoption of large screen displays in conference rooms, cafeterias, and work floors help engage their employees, visitors, and create good environment.

The notable factors positively affecting the U.S. Large Screen Display Market include rise in demand for bright and power-efficient display panels, rapid digitalization, and decline in demand for traditional billboards. However, deployment of widescreen alternatives such as projectors and screenless displays, is expected to hinder the market growth. Moreover, emerging display technologies such as MicroLED & quantum dots and increase in preference of electronic giants toward large screen displays are expected to offer huge market opportunities in the coming years. Each of these factors is anticipated to have a definite impact on the U.S. large screen display market during the forecast period.

The key players profiled in the U.S. large screen display market report include iSEMC, Koninklijke Philips N.V., LG Electronics Inc., NEC Corporation, Panasonic Corporation, Planar Systems, Samsung Electronics Co. Ltd., Sony Corporation, ViewSonic Corporation, and Volanti Displays. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their position in the U.S. large screen display industry. In 2019, Planer Systems launched 100-inch 4K LCD display with Ultra HD resolution (3840 x 2160), which offers high brightness of 700 nits and wide color gamut for stunning image quality and deep, rich color reproduction.

The global outbreak of COVID-19 has significantly affected the growth of the U.S. large screen display market in 2020, and the market is estimated to witness relatively slow growth till the end of 2021. Further, the global selling market was primarily hit by several obstacles due to COVID-19 in the manufacturing and selling industries such as lack of availability of raw material and skill workforce, contractual obligations, and project delays or cancellations. Furthermore, the negative impact on outdoor advertisement solution in 2020 decreased the demand for large screen displays from commercial sector. However, rise in demand for VR gaming solutions is expected to witness relatively high growth by the end of 2021.

Key Benefits For StakeholdersThis study comprises analytical depiction of the U.S. large screen display market opportunities along with the current trends and future estimations to depict the imminent investment pockets.

The global display market size was valued at $114.9 billion in 2021, and is projected to reach $216.3 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031.

Display includes screen, computer output surface, and a projection surface that displays content, mainly test, graphics, pictures, and videos utilizing cathode ray tube (CRT), light-emitting diode (LED), liquid crystal display (LCD), and other technologies. These displays are majorly incorporated in devices such as televisions, smartphones, tablets, laptops, vehicles, and others. Emergence of advanced technologies offer enhanced visualizations in several industry verticals, which include consumer electronics, retail, sports & entertainment, and transportation. 3D displays are in trend in consumer electronics and entertainment sector.

In addition, flexible display technologies witness popularity at a high pace. Moreover, display technologies such as organic light-emitting diode (OLED) have gained increased importance in products such as televisions, smart wearables, smartphones, and other devices. Smartphone manufacturers plan to incorporate flexible OLED displays to attract consumers. Furthermore, the market is also in the process of producing energy saving devices, primarily in wearable devices.  However, high cost of the transparent and quantum dot display technologies. Hence, need for such high costs associated with display products may hamper growth of the market. Furthermore, adoption of AR/VR devices and commercialization of autonomous vehicles are expected to provide lucrative display market opportunity for the growth of the market.

The COVID-19 pandemic is impacting the society and overall economy across the global. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. It is creating uncertainty in the massive slowing of supply chain, and increasing panic among customers. European countries under lockdowns have suffered major loss of business and revenue due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which led to slowdown in the display market growth.

By display type, the display market outlook is divided into flat panel display, flexible panel display, and transparent panel display. Flat panel display segment was the highest revenue contributor to the market, in 2021. The flexible panel display segment dominated the display market growth, in terms of revenue, in 2021, and is expected to follow the same trend during the forecast period.

By industry vertical, the market it is divided into healthcare, consumer electronics, retail, BFSI, military & defense, transportation, and others.Consumer electronics accounted for largest display market share in 2021.

Region wise, the display market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific, specifically the China, remains a significant participant in the global display industry. Major organizations and government institutions in the country are intensely putting resources into these displays.

Top impacting factors of the market include high demand for flexible display technology in consumer electronic devices, increase in adoption of electronic components in the automotive sector, and rise in trend of touch-based devices. Surge in adoption of displays in touch screen devices, rise in need for AR/VR devices, and commercialization of autonomous vehicles are expected to create lucrative  in the future. Moreover, stagnant growth of desktop PCs, notebooks, and tablets hampers growth of the display market. However, each of these factors is expected to have a definite impact on growth of the display industry in the coming years.

The key players profiled in this report include LG Display Co. Ltd., Samsung Electronics Co. Ltd., AU Optronics, Japan Display Inc., E Ink Holdings Inc., Hannstar Display Corporation, Corning Incorporated, Kent Displays Inc., NEC Display Solutions, and Sony Corporation. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, regional expansion, and collaborations to enhance their market penetration.

KEY BENEFITSFOR STAKEHOLDERSThis study comprises analytical depiction of the display market forecast along with the current trends and future estimations to depict the imminent investment pockets.

Key Market Players Samsung Electronics Co Ltd, Sharp Corporation, Japan Display Inc, Innolux Corporation, NEC CORPORATION, Panasonic Corporation, BOE Technology Group Co., Ltd., AUO Corporation, Sony Corporation, Leyard Optoelectronic Co., Ltd, LG Display Co Ltd

The global commercial display market was valued at USD 41.2 billion in 2020 and is expected to reach USD 72.2 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 5.8% during the forecast period 2021 to 2030.

Further, the increasing demand for the commercial displays across wide range of sectors such as retail, entertainment, hospitality, corporate, banking, and education is driving the growth of the commercial display market. Technological advancements in the development of software in order to increase target audience engagement tracking and engagement, and management of content has fostered the market growth.

Based on the product, the digital signage segment accounted largest revenue share in 2020 and is expected to remain its dominance in near future. This is attributed to the increased adoption of digital signage in the retail sector like supermarkets and shopping malls across the globe. The rising number of commercial complexes like shopping malls and rising penetration of supermarkets in the developing regions is expected to further drive the growth of this segment. The segment is also estimated to be the fastest-growing segment during the forecast period. The rising adoption of the micro and mini-LED in the commercial grade TVs is expected to drive the growth of this segment in the forthcoming years.

Based on the display type, the flat panel segment dominated the global commercial display market in 2020, in terms of revenue. This is due to the extensive utilization of the flat panels by the end-use sectors in the past years. Moreover, low cost and easy availability are the major factors that resulted in the huge adoption of this panel. The immense popularity of the digital posters, video walls, TVs and monitors has significantly contributed towards the growth of this segment in the past.

On the other hand, curved panel is estimated to be the most opportunistic segment during the forecast period. Curved panels are now being widely adopted in the TVs, monitors, and smartphones. The increasing adoption of curved panels across the various end-use sectors is expected to drive the growth of this segment in the upcoming years.

Based on the component, the hardware segment dominated the global commercial display market in 2020, in terms of revenue and is estimated to sustain its dominance during the forecast period. This is due to the availability of high cost hardware and wider range of hardware components such as displays, cables, accessories, and other equipment.

Based on the technology, the LCD segment accounted highest revenue share in 2020. The LCD has been widely accepted technology across the globe in the past few decades, which led to its dominance in the market. The banking and corporate sectors extensively uses the LCD technologies. Further, the low cost of production associated with the LCDs is a significant driver of the segment.

On the other hand, the LED segment is expected to be the fastest-growing segment during the forecast period. This can be attributed to the technological advancements and rising popularity of the QLEDs and OLEDs is fueling the growth of the segment. These LED technologies are known for its energy efficiency. Moreover, the emergence of micro and mini-LED is expected to further drive the market in the foreseeable future.

Based on the application, the retail segment hit largest market share in 2020. This can be attributed to the increased adoption of the commercial displays in the retail sectors like shopping malls, supermarkets, and hypermarkets. The huge number of footfall in the shopping malls and other retail units makes it a huge segment for the application of the commercial displays.

Based on region, North America dominated the global commercial display market in 2020, in terms of revenue and is estimated to sustain its dominance during the forecast period. North America is characterized by the increased penetration of supermarkets/hypermarket, hotels, restaurants, shopping malls, and other commercial units that has significantly contributed towards the growth of the global commercial display market. Further, increased adoption rate of the digital technologies for the advertisement and promotional activities of products and service in North America has led towards the dominance of this region in the global market.

The market is moderately fragmented with the presence of several local companies. These market players are striving to gain higher market share by adopting strategies, such as investments, partnerships, and acquisitions & mergers. Companies are also spending on the development of improved products. Moreover, they are also focusing on maintaining competitive pricing.

As Per the Report Published by Strategic Market Research, the Head-up Display Market is expected to reach USD 28.19 Billion by 2030, Growing at a CAGR of 24.69% During the Forecast Period of 2021 – 2030.

(A substantial growth of HUD usage in the automotive sector, a rise of disposable incomes, passenger car sales, etc. are expediting the market growth)The HUD is used in the automotive industry to improve the safety standards of drivers. The Motor Vehicle Safety Data report from the Bureau of Transportation Statistics predicts that there were be around 42,915 fatalities in 2021. SMR"s survey reported that adjustments made during a change in the field of vision, such as looking from the road towards the dashboard and again back on the road, are the main causes of the majority of car accidents. Hence, there is a significant decrease in the likelihood of crashes if the information is displayed on the screen. Thus, rising consumer knowledge regarding the use of HUDs will result in an increase in sales, which in turn will proliferate the market growth extensively.

The Display units segment held the largest share of 81.78% for the Components sector. The market for this segment will grow exponentially as demand for navigation and entertainment systems are continuously increasing along with the rising consumer demand for comfort, convenience, and improved safety in vehicles, particularly in emerging economies. To increase sales, manufacturers are introducing cutting-edge infotainment systems, centre controllers, gesture control systems, and telematics, which are boosting the market"s expansion. SMR"s research delineated that in 2021, out of all the vehicles sold worldwide, around 84% of vehicles had an infotainment system (a touchscreen display system mounted on the dashboard in the middle of a car) installed in it.

The LCD segment of the Technology section dominated with a share of 51.91%, owing to the rise in LCD demands for commercial aircrafts. The commercial aircrafts used LCD HUD for their back-light projections. The USA Aerospace & Defence industry has reported that in 2021 almost 60% of all commercial planes belonging to the Boeing-737 NG aircraft & Airbus A320 series used HUD LCD displays for back-light projections.

For the Application section, the Automotive segment led the market with a 72.23% share. The market for the automotive sector is anticipated to expand due to the integration of head-up displays with driver assistance systems, which are being embraced by more and more automakers worldwide, thereby augmenting the market growth. As per Digi-Key CEC, the augmented reality Head-Up Display installed in the Audi Q4 e-Tron, spotlights the vehicle in front of it and displays navigational turn information.

For the Regional section, Europe dominated with a 45.22% market share. One of the pivotal reasons influencing the expansion of the markets for fixed and mounted HUDs, military aircraft HUDs, and commercial aircraft HUDs is the presence of some world-renowned vehicle and aircraft manufacturers in Europe. For example, Lufthansa AG (Deutschland), Airbus (France), etc., are some of the well-known aviation-aircraft manufacturers present in the European region that plays a significant role in HUD usage for back-light projections.

Recent DevelopmentsOn 5th September 2022, Toyota and Maruti launched their brand-new models, Toyota Hyryder and Maruti-Grand Vitara, respectively. These highly-advanced cars are equipped with a 9-inch touchscreen, infotainment system HUD integrated with a 360-degree camera. This will allow the drivers to navigate properly while driving and reduce the rate of their distractions on the road, which in turn will prevent the chances of further road-accidents.On 7th June 2022, Raythink a Taiwan-based organization, received a whooping sum of USD 15 million from the Series A+ Funding round to enable mass production of AR-powered HUDs for the development of its vehicle navigation systems. Moreover, it also announced that it is partnering with a Chinese organization, Chengwei Capital, to accelerate the growth of the AR HUD market in China.On 4th May 2022, BAE Systems launched its brand-new lightweight HUD, LiteWave, for usage in military and commercial aircrafts. LiteWave is a laptop-sized head-up display (HUD) that is installed above the pilot"s head and displays crucial data like direction, altitude, etc. In the aircraft, LiteWave can be installed in even the most constrained cockpit area because it is 70% smaller and lighter compared to a conventional HUD.

The report on Underfloor Heating Market prepared by SMR explains its various insights such as restraining factors, challenges, opportunities, etc. The Underfloor Heating Market value was worth USD 4.71 Billion in 2021 and will reach USD 8.98 Billion in 2030 with a 7.45% CAGR. Continuous rise in the demand for cheap heating solutions, the requirement for a higher quality of thermal comfort, etc., are proliferating its growth rate. Players operating in this market are Uponor, Danfoss, Daikin, Resideo Technologies Inc, nVent Electric, etc.

SMR"s ADAS/ Advanced-Driver-Assistance Systems Market Report explains a clear-cut concept regarding its opportunities, restraints, growth factors, etc. The ADAS Market value was USD 23.45 Billion in 2021 and will be worth USD 75.24 Billion in 2030 with a 13.86% CAGR. Stringent rules introduced by the governments on vehicle safety, rise in the disposable incomes of people, etc., are accelerating its growth rate. Organizations playing a pivotal role in this market are Robert Bosch, ZF Friedrichshafen, Autoliv Inc., Denso Corp., Aptiv PLC, Valeo SA, etc.

The Heat Exchanger Market Report furnished by SMR inculcates its variety of challenges, augmenting factors, restraints, etc. The Heat Exchanger Market value was USD 16.33 Billion in 2021 and will be worth USD 25.91 Billion in 2030, with a 5.31% CAGR. Factors accelerating the market growth rate are the rise in petrochemical and chemical industries, the rise in government investments, etc. Companies operating in this market are Kelvion Holding, Hisaka Works, Danfoss AS, Mersen, XYLEM, etc.

The Air Compressor Market Report prepared by SMR outlines its plethora of challenges, opportunities, restraints, etc. The Air Compressor Market value was USD 39.11 Billion in 2021 and will reach USD 51.60 Billion in 2030 with a 3.76 % CAGR. Factors stimulating the growth rate are the rise in investments in Oil, and Gas sectors, F&B sectors, Manufacturing sectors, etc. The companies in this market include Kaeser Compressors, Hitachi, Kirloskar Pneumatic, Kaishan Compressor, and Kobe Steel.

Strategic Market Research facilitates the organizations globally in taking pivotal business decisions by furnishing the Syndicated and Customized Research Reports, which are highly precise in terms of market numbers. We believe that every firm, whether it is a startup which is in the Introduction stage of the Product Life cycle or an established one which is at the growth stage, requires market research services in order to streamline its key business blueprint. It may be related to Product Launch, Go to Market strategies, Competitive Analysis or new geographical penetration and expansion.

GlobalLiquid Crystal Display (LCD) Market, By Product (LCD Character Drivers, LCD Graphic Drivers, LCC Segment Drivers), Application (Automotive, Industrial, Medical, Small Appliance, Others) – Industry Trends and Forecast to 2029

Liquid crystal display (LCD) are widely being used in various sectors such as entertainment, corporate, transport, retail, hospitality, education, and healthcare, among others. These allow organizations in engaging with a broader audience. They also help in creating a centralized network for digital communications.

Global Liquid Crystal Display (LCD) Market was valued at USD 148.60 billion in 2021 and is expected to reach USD 1422.83 billion by 2029, registering a CAGR of 32.63% during the forecast period of 2022-2029. Small Appliance is expected to witness high growth owing to the rise in demand for devices such as smartphones. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Liquid-crystal display is defined as aflat-panel display or other electronically modulated optical device which uses the light-modulating properties of liquid crystals combined with polarizers. Liquid crystals do not emit light directly, instead using a backlight or reflector to produce images in colour or monochrome.

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

The increase in demand for the digitized promotion of products and services for attracting attention of the target audience acts as one of the major factors driving the growth of liquid crystal display (LCD) digital market.

The rise in demand for 4K digitized sign displays with the embedded software and media player accelerate the market growth. These signs deliver customers an affordable Ultra HD digital signage solution has a positive impact on the market.

The emergence of innovative products, such as leak detector systems, home monitoring systems and complicated monetary products further influence the market.

Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the liquid crystal display (LCD)digital market.

Furthermore, adoption of AMOLED displays, especially due to introduction of 5G and adoption of foldable and flexible displays extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, rise in demand for Micro-LED and mini-LED technologies will further expand the market.

On the other hand, decline in demand for displays from retail sector due to drastic shift towards online advertisement, and high costs associated with new display technology-based products are expected to obstruct market growth. Also, deployment of widescreen alternatives, such as projectors and screenless displays is projected to challenge the liquid crystal display (LCD) digital market in the forecast period of 2022-2029.

This liquid crystal display(LCD) digital market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on liquid crystal display (LCD) digital market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

The COVID-19 has impacted liquid crystal display (LCD) digital market. The limited investment costs and lack of employees hampered sales and production of liquid crystal display (LCD) technology. However, government and market key players adopted new safety measures for developing the practices. The advancements in the technology escalated the sales rate of the li liquid crystal display (LCD) digital as it targeted the right audience. The increase in sales of devices across the globe is expected to further drive the market growth in the post-pandemic scenario.

Sharp launched the new massive 8K Ultra-HD professional LCD in November’2020. This display packs in 33 million pixels and employs a wide color gamut color filter coupled with optimized LED backlight phosphors.

The liquid crystal display (LCD) digital market is segmented on the basis of product and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

The liquid crystal display (LCD) digital market is analysed and market size insights and trends are provided by country, type, component, location, content category, end-user, size, display technology, brightness, and application as referenced above.

The countries covered in the liquid crystal display (LCD) digital market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).

North America dominates the liquid crystal display (LCD) digital market because of the presence of dedicated suppliers of the product and rise in demand for these displays in the retail industry within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the rise in awareness regarding the benefits of LCD in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter"s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

The liquid crystal display (LCD) digital market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies" focus related to liquid crystal display (LCD) digital market.