lcd module market outlook brands

With the evolutionary changes in consumer electronics from past few years, the demand for the electronic parts is increasing rapidly. LCD display modules are electronically modulated optical device or flat-panel display and use the light-modulating properties of liquid crystals.

LCD display modules display arbitrary image or fixed images and low content information. The information can be displayed or kept hidden including digits, preset words, and seven-segment displays, as in a digital clock.

Increasing production of electronic devices such as aircraft cockpit displays, computer monitors, LCD televisions, indoor and outdoor signage and instrument panels is responsible for the increasing demand for the LCD display module. Manufacturers of the LCD display modules are focusing on developing innovative products to attract more customers to increase the revenue generation by sales of displays.

Manufacturers of the LCD display modules are coming up with the product innovations such as background display colors, character sizes, number of rows, and others and these features are fueling the increasing integration of the LCD display modules.

Constant advancements in the LCD display modules and improvement in the functionality of displays is the primary factor driving the growth of the LCD display module market.

The manufacturers are also focusing on the delivering a LCD display modules are per the end user requirements as these displays are primarily used for the consumer electronic devices which are produced in bulk quantity.

The increasing production of small electronic devices such as cameras, watches, calculators, clocks, mobile telephones, DVD players, clocks, and other devices is creating a huge demand from manufacturers of these products for the LCD display modules as per their product requirements.

On the other hand, availability of LCD display modules at low prices due to the entry of new players from developing countries, shortage of electronic components is a significant challenge for the established players in this market.

The global vendors for LCD Display Module include RAYSTAR OPTRONICS, INC., WINSTAR Display Co., Ltd., Newhaven Display International, Inc., Sharp Microelectronics, 4D Systems, ELECTRONIC ASSEMBLY GmbH, Kyocera International, Inc., Displaytech, and others. LCD display manufacturers are coming up with the new features and more advanced functionalities of the displays for sustaining in the global competition.

In February 2018, Displaytech, LCD display module manufacturer released DT070CTFT, a 7 inch 800 x 480 TFT display. The company is offering LCD displays with a resistive touch as well as a capacitive touch panel.

The global market for LCD Display Module is divided on the basis of regions into North America, Latin America, Western Europe, Eastern Europe, the Asia Pacific Excluding Japan, Japan, China, and Middle East & Africa. Among these regions, the countries such as Taiwan, South Korea, and China holds major market share in terms of revenue generation from the sale of LCD display module because of the higher presence of manufacturers for these displays as well as the dense presence of the consumer electronics manufacturers.

North America, Western Europe is the second largest market for the LCD display module due to increasing demand from consumer electronics manufacturers. MEA region is expected to grow at moderate CAGR.

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.

New York, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Industrial Display Market Size, Share & Industry Trends Analysis Report By Technology, By Type, By End-use, By Panel Size, By Application, By Regional Outlook and Forecast, 2022 - 2028" - https://www.reportlinker.com/p06315021/?utm_source=GNW

Furthermore, the global shift in technology and automated systems drive market growth. Moreover, robust display wireless connection, and technologically advanced push market growth during the forecast period.

The increasing adoption of multi-featured Human-Machine Interface (HMI) devices, the Industrial Internet of Things (IIoT), and the popularity of smart industrial displays are some of the factors driving market growth. The displays’ innovative features, such as touchpad frames and fully automated touch detection systems; RFIDs; Ethernet connectivity; and ability to withstand high temperature changes, shock, motion, dust, scrape, and chemicals, are catapulting the industry forward.

Even though displays are a viable substitute for manual methods and outdated push-button technology, the industry offers a large investment opportunity. To keep up with changing industrial needs, the market is differentiated by continuous technological developments. Low-Temperature Poly-Silicon (LTPS), Liquid Crystal Display (LCD), Thin-Film-Transistor (TFT), Digital Light Processing (DLP), and Color Filter (CF) are some of the most recent industry innovations.

Society and the global economy are suffering greatly as a result of the COVID-19 pandemic. The supply chain is being impacted by the outbreak, whose effects are growing every day. Stock market turbulence, a decline in corporate confidence, a considerable delay in the distribution chain, and a rise in customer apprehension are all being brought on by it. European nations under lockdown have suffered major losses in trade and revenue as a result of the suspension of manufacturing operations in the area. The COVID-19 pandemic has had a substantial impact on manufacturing and production processes, slowing the growth of the industrial display sector in 2020.

The creation of thin, effective, and bright displays is made possible by the thin films of organic light-emitting (OLED) materials that emit light when electricity is applied to them. It is anticipated that OLEDs would replace prevailing technologies in the display ecosystem. As a result, a sizable number of businesses have started to increase their investment in OLED study and innovation. OLED industrial displays are dominating the market because to their cutting-edge features, such as higher contrast, quicker response times, and a broader operating temperature range than LCDs. OLED micro displays are now often used in EVFs and HMDs because they outperform conventional LCD and LCoS micro display technologies.

On the basis of technology, the industrial display market is classified into LCD, LED, OLED and E-paper. The LCD segment acquired the highest revenue share in the Industrial Display Market in 2021. A flat panel display called a liquid crystal display (LCD) makes use of the liquid crystals’ capacity to modulate light. Instead of emitting light directly to create images in color or monochrome, liquid crystals use a backlight or reflector. There are two primary categories of LCDs used in electronic devices like digital clocks and video players and those used in computers.

Based on type, the industrial display market is segmented into Rugged Displays, Open-frame Monitors, Panel-Mount Monitors, Marine Displays and Video Walls. The open-frame monitor segment registered a substantial revenue share in the Industrial Display Market in 2021. Open Frame Monitor (OFM) is primarily housed in a bare-metal container and typically does not have a bezel. Instead, it is normally delivered with a mounting metal flange on the outside. Electronic parts, such as the display controller A/D board, the harnesses, and maybe the internal power supply, are secured to the inside of the metal chassis.

By end-use, the industrial display market is categorized into Manufacturing, Mining & Metals, Chemical, Oil, and Gas, Energy & Power, and Others. The Chemical, Oil, and Gas segment registered a promising revenue share in the Industrial Display Market in 2021. Oil and gas have played an important role in the economic transformation, but the industry is entering a new era. Digital transformation can improve productivity and workplace safety while reducing the industry’s environmental impact. Large industrial displays are especially important in the oil and gas industry, where comprehend rough environmental parameters, extreme temperatures, high levels of pollution, and operation is critical not only for safety but also for improving profitability.

Based on panel size, the industrial display market is fragmented into Up to 14”, 14-21”, 21-40”, and 40” and above. The 21-40" segment witnessed a substantial revenue share in the Industrial Display Market in 2021. It is due to the demand for touch screen computer parts in heavy-duty workplaces expected to drive the 21-40" panel size segment’s growth. The anodized coatings on the monitors and touch screen panels, combined with the stainless-steel chassis, are intended to provide operators with greater durability and operation across a wide temperature range.

By application, the industrial display market is divided into HMI, Remote Monitoring, Interactive Display and Digital Signage. The HMI segment garnered the highest revenue share in the Industrial Display Market in 2021. This is because multinational HMI manufacturers are expanding their presence in emerging markets such as China and India. The particular technology is expected to combine the internet’s reach with the ability to control industrial equipment, infrastructural facilities, and operating procedures in factories directly.

Region-wise, the industrial display market is analyzed across North America, Europe, Asia Pacific and LAMEA. The North America region procured the highest revenue share in the Industrial Display Market in 2021. With high demand coming from monitoring system, HMI, and interactive display applications. Increased use of digital displays and HMIs in North America is expected to generate new business opportunities over the forecast period. Furthermore, the growing popularity of industrial automation, rising investment in IIoT applications, and multi-featured HMI gadgets may expedite the use of industrial display capabilities in this market.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Display Co., Ltd. (Samsung Electronics Co. Ltd.), LG Display Co., Ltd. (LG Corporation), Leyard Optoelectronic Co. (Planar Systems, Inc.), Advantech Co., Ltd., Siemens AG, Sharp NEC Display Solutions, Ltd. (Sharp Corporation), Pepperl + Fuchs Group, Japan Display, Inc., Winmate, Inc., and Maple Systems, Inc.

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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.

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.

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 Medical LCD Display Market investigation report is segmented by Types (Color Display, Monochrome Display), Segmentation & all logical and factual briefs about the Medical LCD Display Market 2022 Overview, By Technology, CAGR, Production Volume, Sales, and Revenue with the regional analysis covers North America, Europe, Asia-Pacific, South America, Middle East Africa & The Prime Players & Others.

Report Overview: The global Medical LCD Display market size was valued at USD million in 2021 and is expected to expand at a compound annual growth rate (CAGR) % from 2022 to 2030.

In-depth data on the global Medical LCD Display market was acquired in order to assess market revenue, future market predictions, and data for a new study published by IBI. The information in the report is the result of extensive secondary research, which included, among other sources of data, a thorough analysis of investor presentations, business annual reports, white papers, government programs, and linked organization reports. The thorough secondary study is built on the foundation of comprehensive primary research.

COVID-19 Impact Analysis, which is addressed in the research, offers a thorough examination of alterations in corporate policy, the rate of market expansion, new cooperative efforts among market participants, significant impediments, as well as projected market expansion over the pandemic period. Given that COVID-19 will be in place for a significant amount of time over the projected period, it is crucial to have a clear picture of how total growth will be impacted.

Five categories--North America, Europe, Asia Pacific, Latin America, as well as the Middle East and Africa--are covered in the Medical LCD Display market research. Based on the divisions that make up each region, the report contains thorough financials for each one. Additionally, a thorough revenue and market share analysis is given for the key nations that comprise each area.

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

The Global Stretched Bar LCD Display Market investigation report is segmented by Types (Less than 24 Inches, 24 Inches -43 Inches, More than 43 Inches), Segmentation & all logical and factual briefs about the Stretched Bar LCD Display Market 2022 Overview, By Technology, CAGR, Production Volume, Sales, and Revenue with the regional analysis covers North America, Europe, Asia-Pacific, South America, Middle East Africa & The Prime Players & Others.

Report Overview: The global Stretched Bar LCD Display market size was valued at USD million in 2021 and is expected to expand at a compound annual growth rate (CAGR) % from 2022 to 2030.

In-depth data on the global Stretched Bar LCD Display market was acquired in order to assess market revenue, future market predictions, and data for a new study published by IBI. The information in the report is the result of extensive secondary research, which included, among other sources of data, a thorough analysis of investor presentations, business annual reports, white papers, government programs, and linked organization reports. The thorough secondary study is built on the foundation of comprehensive primary research.

COVID-19 Impact Analysis, which is addressed in the research, offers a thorough examination of alterations in corporate policy, the rate of market expansion, new cooperative efforts among market participants, significant impediments, as well as projected market expansion over the pandemic period. Given that COVID-19 will be in place for a significant amount of time over the projected period, it is crucial to have a clear picture of how total growth will be impacted.

Five categories--North America, Europe, Asia Pacific, Latin America, as well as the Middle East and Africa--are covered in the Stretched Bar LCD Display market research. Based on the divisions that make up each region, the report contains thorough financials for each one. Additionally, a thorough revenue and market share analysis is given for the key nations that comprise each area.

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

The global displays marketsize was estimated at USD 156.9 billion in 2021 and is expected to be worth around USD 297.1 billion by 2030 and anticipated to expand at a CAGR of 7.35% during the forecast period 2022 to 2030.

Screens that project information like pictures, movies, and messages are referred to as displays. Numerous technologies, including light-emitting diodes (LEDs), liquid crystal displays (LCDs), organic light emitting diodes (OLEDs), and others, are used in these display panels. Additionally, it plays a significant role in

Furthermore, display technologies like organic light-emitting diode (OLED) have become more crucial in items like televisions, smart clothing, cell phones, and other gadgets. In order to draw customers, smartphone makers also want to use flexible OLED screens. In addition, the market is also developing energy-saving gadgets, mainly for

The worldwide display market is expanding as a result of advancements in flexible displays, rising OLED display device demand, and the growing popularity of touch-based devices. However, barriers to market expansion include the expensive cost of cutting-edge display technologies like quantum dot and transparent displays, as well as the stalling growth of desktop, notebook, and tablet PCs. In addition, substantial development possibilities for the global display market are anticipated from new applications in flexible display technologies.

One of the key reasons fuelling the growth of the display market is the rise in demand for digital product and service promotion to get the attention of the target audience. The emergence of smart wearable gadgets, technical developments, and rising demand for OLED-based goods are all contributing to the market further.

Innovative items like leak detecting systems, home monitoring systems, and complex financial solutions are starting to appear, which has an additional impact on the industry. The industry is growing thanks to the use of organic light-emitting diode panels in televisions and smartphones. Additionally, the display market benefits from rising urbanisation, a shift in lifestyle, an increase in expenditures, and higher consumer spending.

The adoption of automated equipment by many industries for a variety of uses has a significant influence on displays, which are available with high efficiency at cheap cost and are anticipated to accelerate market expansion. Because they offer a long lifespan, great scalability, high intensity, high brightness, and more, embedded devices are widely utilised. The organic light emitting diode and liquid crystal display markets are supported by aspects like reasonable pricing, effective brightness, and longer life and are expected to expand at the quickest rate in the industry over the projected period. The increased usage of Displays by the healthcare, educational, and automotive sectors is anticipated to fuel market expansion.

The usage of Displays in 3D systems is another factor boosting the market"s expansion. The user can employ the sophisticated technologies in Displays for the 3 systems due to their quick development. The market is anticipated to increase significantly as a result of the adoption of 3D systems in the consumer, industrial, medical, automotive, and other sectors. These systems require displays to project the dimensions.

Since touch-based gadgets are more accessible, the number of devices with touch sensors has grown tremendously in recent years. The proliferation of display devices is aided by the fact that touch-based gadgets need a display panel to function. As a result, a broad variety of home appliances, including the refrigerator, washing machine, microwave, etc., are enabled with the help of touch screens. The provision of cutting-edge display devices in automobiles, like the navigation system, heads-up display, digital rear-view mirrors, digital dashboard, and others, has also increased in the automotive sector. As a result, the market for displays is expanding due to the move toward touch-based technology.

Innovations in flexible displays, a growth in the demand for OLED display products, and a rise in the popularity of touch-based gadgets are what are driving the worldwide display market. However, the market is constrained by the expensive cost of cutting-edge display technologies like quantum dot and transparent displays, as well as the slow expansion of desktop, laptop, and tablet computers.Additionally, new applications for flexible display technologies, which are anticipated to produce profitable growth possibilities, are likely to boost the worldwide display market.

LCD technology has been widely utilised in display items during the preceding several decades. Currently, a number of settings, including retail, corporate offices, and banks, employ LCD-based gadgets. But it"s anticipated that LED technology will advance quickly throughout the course of the predicted period. The development of LED technology and its energy-efficiency are what are driving the demand for it. A disturbance in the supply-demand ratio, a decline in LCD display panel ASPs, and intense competition from emerging technologies are anticipated to push the LCD display sector into negative growth during the course of the projection period.

LED technology is predicted to drive market expansion because to its high pixel-pitch, brightness, improved efficiency, high light intensity, improved power efficiency, extended lifespan, and high scalability. Due to increased usage of displays in the automotive and medical sectors, where LED Displays are being utilised increasingly, the LED display market is anticipated to develop at a large and rapid 6.5% between 2022 and 2030.

The smartphones will make up a large percentage of the market. This rise will be fueled by the growing use of OLED and flexible displays 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 development path has been identified as the smart wearables category. The demand for these gadgets is expected to soar throughout the projected period due to the fast-growing market for these products and the widespread use of AR/VR technology.

At 68%, the fixed device is anticipated to have the biggest market share over the projection period. Fixed devices are more widely accepted on the market than portable ones because of their low pricing, high scalability, longer life, contrast, and pixel quality, among other factors.

The aforementioned factors have increased the market adoption of fixed device, which is projected to drive the Display market. Both LED displays and Organic Light Emitting Diode are frequently used in these stationary devices.

In 2021, APAC will hold a 41% share of the global display market, followed by Europe. The industry-level research and development efforts in North America are constantly growing and advancing automated embedded device technology, which is raising the adoption rate of Display devices in industries including as healthcare, automotive, industrial, defence, and others. The market is anticipated to be stimulated by the huge number of end device makers in APAC. Since emerging nations like India, Japan, China, and others are constantly expanding the use of displays in a variety of industrial verticals, including wearables, smartphones, digital signage, medical, automotive, and other areas, the APAC region is thought to have the fastest growth for liquid crystal displays.

Other factors contributing to the market"s growth in the area include the expansion of display panel production facilities and the quick uptake of OLED displays. APAC has low labour expenses, which lowers the overall cost of producing display panels. The market is also being supported by the increasing use of display devices across a variety of sectors, particularly in China, India, and South Korea.

Samsung Electronics launched the first 15.6-inch OLED panel in the notebook industry in January 2019. Additionally, compared to 4K LCD-based displays, the panel will produce richer colours and deeper blacks.

Given the worsening pricing and supply/demand picture, we have seen a number of fab expansion projects delayed and a few canceled. As a result, we now show 2023 equipment spending on a move-in basis down 57% to just $5.3B. By technology, we show LCDs down 70% to just $1.9B and OLEDs down 42% to $3.4B. Note, we do show a number of fab projects with deliveries in Q1’24 and show 2024 up 117% vs. 2023 to $11.6B. In 2024, we show OLEDs up 115% to $7.3B and LCDs up 121% to $4.3B. We also show another 15% growth in 2025 to a total of $13.3B. We lowered 2020-2025 spending by 6% to $71B.

LCD TV panel prices continue to decline, and the pace of price decreases is accelerating in the second quarter despite prices approaching cash costs. The combination of a continued surge in supply and near-universally weak demand continues to drive prices down. A month ago, we reported that the LCD TV panel market appears to be in a sort of a lull. That lull seems to have broken, and not in favor of the panel makers. Prices declined dramatically from their peaks in mid-2021 but supply has continued to be robust while we face the slowest season for demand. Our sources indicate that some brands considered that prices might stabilize in Q1 and used the period to stock up on low prices but have faced continued weak demand and now hold excess inventory.

In my talk, I focused on the following topics: How COVID-19 Affected the Display Market , 2022 Outlook , How Display Technologies Are Evolving, Display Market Outlook

I started by covering the latest smartphone set shipment results and a 2022 forecast by region. Smartphone unit shipments were up 4% in 2021 to 1.4B units, with China the largest region and Middle East and Africa growing the fastest. For 2022, we forecast the market to fall 1% with Asia Pacific expected to overtake China. Eastern Europe and China are expected to decline the most. But there are growing concerns that the market could be down a lot more, 10% - 15%, if China shutdowns are extended, war persists, inflation, etc. LCD volumes appear to be most affected due to weakness in China and Eastern Europe where LCDs are stronger. Some brands are rumored to be cutting up to 30% of their LCD volumes.

The TV Display Market and Technology Outlook session featured six presentations from analysts and executives throughout the display industry. The presenters included:

The TV Display Market and Technology Outlook session featured presentations from three analysts of the industry plus the CEO of a critical material supplier and an executive from a leading display maker. The presenters included:

DSCC is the fastest growing market research, consulting and event company with over 200 years of combined experience and offices in China, Europe, Japan, Korea, Taiwan and the US.

The LCD is a transmissive technology. All LCDs require a reflected light source or backlighting. The LCD industry is characterized by rapid technological advances. Traditionally, applications for LCDs are notebook computer and desktop monitors. LCDs are expected to be used more across various applications, and this study focuses on the trends, challenges, and factors driving market growth. Also included are product, technology, and regional market analyses, along with a competitive analysis. This research service provides the necessary business intelligence to accelerate growth in a fast-paced market. The scope includes a market forecast for the geographic regions of Asia-Pacific (APAC), North America, Europe, and Rest of World.

With multiple technology and manufacturing transitions underway, Futuresource believes SMD, Flip Chip CoB MiniLED and True MicroLED will coexist in the market for the foreseeable future, with each addressing different market segments. The latest report addresses System Design and Business Management considerations for brands to compete effectively in the evolving global LED marketplace.

The Global LED Display Market Report also analyzes shifts in competitive landscape, with the industry consolidation trend expected to accelerate over the next few years as Mainstream Display brands gain market strength and others shift strategy to maintain market share.

The professional LED display market sustained serious damage through the pandemic, shedding nearly 13% of its value in 2020. Yet a new report from Futuresource Consulting shows that market recovery has been a lot faster than many expected.

“For LED displays, the dark days of 2020 are now just a dot in the rear-view,” says Ted Romanowitz, Principal Analyst, Futuresource Consulting, “and the market is powering its way towards a bright future. While many anticipated It would take two to three years before we’d see the market return to 2019’s levels, we’re already there. In fact, 2021 added more than half a billion additional dollars on top of 2019’s performance, and that’s just the beginning. As we hurtle to the end of the year, Futuresource expects to see over 20% YoY growth in 2022, underlining the rapid recovery of the LED category”

According to the Futuresource report, the total LED display market, including monochrome and tri-colour LED, and LED video displays reached $7.6 billion in 2021, representing a year-on-year increase of 19%. And this year Futuresource expects the market to accelerate even faster, with forecasts of 22% year-on-year growth, culminating in $9.4 billion in revenue by 2026.

With multiple technology transitions in progress, there is a unique power shift opportunity beginning to emerge in the industry. As investment in MiniLED CoB and True MicroLED continues to ramp up, a number of vendors are perfectly placed to take advantage of these developments and gain market share.

“We’re seeing many of the existing SMD LED players focusing their R&D on MiniLED CoB,” says Romanowitz, “as it leverages their existing manufacturing capabilities. At the same time, True MicroLED is garnering significant interest from large panel and LCD panel manufacturers. This is being driven by the huge market potential, combined with the threat that it will replace LCD and OLED technologies.”

“Moving forward, we expect consolidation to percolate through the industry as the competitive landscape begins to shift,” says Romanowitz. “Mainstream display brands already have an eye on the situation, and will ramp up their activities to gain extra traction. At the same time, we’re going to see other players shift their strategies to maintain market share.

“All this activity comes at a time of strategic uncertainty. The industry still doesn’t know for sure how the global health crisis has impacted the long-term performance of some verticals, and there’s a wide array of market factors affecting sub-sector recoveries in very different ways.”

Futuresource expects the total market to reach $19.5 billion by 2026, with a CAGR of 21% between 2021 and 2026. This growth has ramifications for increasingly narrow pixel pitches, as LED becomes the dominant professional AV display technology over the next five years, impacting indoor and outdoor, fixed installations and LED rentals, as well as the rise of all-in-one displays.

Futuresource also expects RPC to continue its decline and LCD to achieve very slow growth, with narrow pixel pitch (NPP) moving forward to represent 61% of the total LED market in 2026 and LED becoming the dominate video wall technology.

Ted Romanowitz is a visionary product leader spearheading industry transitions in the Semiconductor, Consumer Electronics, Networking and Professional Audio Visual industries.  He held increasingly responsible marketing roles at Intel Corporation over his twelve year tenure, helping drive the highly successful Centrino Mobile Technology launch and Gigabit Ethernet market transition as well as owning the global consumer processor and chipset roadmap.

Romanowitz begin in the Pro AV industry in the 1990s expanding the Vivatek brand for Delta Products and has spent the past decade focused on LED product management with Industry leaders Leyard/Planar and Christie Digital Systems. Currently an independent Consultant and Contributing Assistant Professor at Willamette University"s Atkinson Graduate School of Management, Ted lectures, writes and consults in the areas of new product planning, go-to-market strategy, product and sales management.

Display Market size was valued at USD 127.2 Billion in 2020 and is projected to reach USD 160.36 Billion by 2028, growing at a CAGR of 2.9% from 2021 to 2028.

The major factors driving industry growth are the increasing adoption of OLED displays in smartphones huge investments, coupled with government support for the construction of new OLED and LCD panel manufacturing facilities are the major factors expected to propel the Display Market. Increasing demand for 4K and 8K displays with the availability of UHD content and increasing deployment of HUD, central stack display, and instrument cluster in automotive vehicles are some other factors that support market growth. Moreover, the emerging use cases such as smart displays, smart mirrors, smart home appliances, and holographic displays can create the opportunity for market growth.

A screen, a computer output surface, and a projection surface display text and graphics using a cathode ray tube, light-emitting diode, liquid crystal display, or other technologies. It may be used in a variety of areas, including television, cellphones, tablets, laptops, cars, public transportation, and many others. The growing demand for OLED-based products, technological advancements and the development of smart wearable devices, and expansion in the flexible device industry are all key market drivers. However, as smart mirrors and smart displays become more widely used in many end-use sectors, firms in the target market may see increased income prospects.

The usage of organic light-emitting diode screens in smartphones and televisions is driving the Display Market forward. Another element driving target market expansion is the use of technologically superior, lightweight, thin, and energy-efficient displays. Furthermore, the growing popularity of smart wearables among consumers is projected to fuel the Display Market growth in the near future. However, the Global Display Market growth is being hampered by changing display panel costs and the high cost of technologically sophisticated display panels.

The major factors driving industry growth are the increasing adoption of OLED displays in smartphones; huge investments, and coupled government support for the construction of new OLED and LCD panel manufacturing facilities, and these are the major factors expected to propel the targeted market. Increasing demand for 4K and 8K displays with the availability of UHD content and increasing deployment of HUD, central stack display, and instrument cluster in automotive vehicles are some other factors that support market growth.

The deployment of wide-screen alternatives, such as projectors and screen-less displays might act as hindering factor. Moreover, the emerging use cases such as smart displays, smart mirrors, smart home appliances, and holographic displays can create the opportunity for market growth. Nowadays, display gadgets are also used in the car business. LG Display, for example, has declared that it will begin production of a head-up display system for the vehicle industry in response to this potential. LG’s vehicle display gadget is a flexible, transparent display that can be wheeled about. The heads-up display may be used in a variety of ways and has a variety of functions to improve your driving experience.

Due to the complicated and enormous architecture of commercial buildings such as malls, theatres, entertainment centers, and others, the use of digital signage and touch-based displays has expanded. Touch sensors are built into these screens, which the user can use to navigate and extract other information. As a result, the expansion of the Display Market is fueled by the trend of touch-based gadgets.

Based on Display Type, The market is segmented into Flat Panel Display, Transparent Panel Display, Flexible & Foldable Panel Display, And 3D Display. The Global Display Market is being driven by advancements in flexible displays, an increase in demand for OLED display devices, and a rise in the popularity of touch-based devices. However, the market is hampered by the high cost of new display technologies such as transparent displays and quantum dot screens, as well as the sluggish growth of desktop PCs, notebooks, and tablets. Furthermore, the Global Display Market is likely to benefit from new applications in flexible display technologies, which are expected to generate lucrative growth prospects.

Based on Technology, The market is segmented into OLED, LED, Micro-LED, Direct-View LED, LCD, And Others. Over the previous few decades, LCD technology has been widely used in display products. LCD-based devices are currently used in a variety of areas, including retail, corporate offices, and banks. During the forecast period, however, LED technology is expected to grow at a rapid pace. The market for LED technology is being driven by advancements in LED technology and its energy-efficient nature. High competition from newer technologies, a disruption in the supply-demand ratio, and a drop in LCD display panel ASPs are likely to force the LCD display industry into negative growth throughout the projection period.

Based on Product, The market is segmented into Smartphone, Television, PC Monitor & Laptop, Automotive Display, And Others. Smartphones are likely to account for a significant portion of the industry. The rising usage of OLED and flexible screens by smartphone makers will drive this growth. Shipments of high-cost flexible OLED displays are rapidly expanding, and this trend is projected to continue during the forecast period. The smart wearables segment has emerged as the global market’s new growth route. The market for these devices is fast-growing, and with the widespread adoption of AR/VR technologies, demand for smart wearables is likely to skyrocket over the forecast period.

Based on Industry, The market is segmented into Consumer, Transportation, Retail, Hospitality & BFSI, Education, Healthcare, Military, Defense, and Aerospace, And Others.

Based on Geography, The Global Display Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Display Market is dominated by North America, which is predicted to develop at a healthy rate in terms of earnings over the projection period. Because of their high disposable income, consumers are adopting technologically improved electronic products, which is driving market expansion. In the foreseeable future, the market is projected to see significant earnings growth. The target market in the region is driven by the existence of core performance manufacturing.

The “Global Display Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are LG Display, AU Optronics, Japan Display (JDI), Tianma Microelectronics, Samsung Electronics, SHARP (Foxconn), Truly International, BOE Technology, Innolux Corporation, and China Star Optoelectronics Technology (CSOT) (CDOT) (TCL).

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

In January 2019, the first 15.6-inch OLED panel has been introduced by Samsung Electronics in the notebook market. In addition, the panel will deliver brighter colors and deeper blacks compared to 4K LCD-based screens.

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Display Market was valued at USD 127.2 Billion in 2020 and is projected to reach USD 160.36 Billion by 2028, growing at a CAGR of 2.9% from 2021 to 2028.

Increasing demand for 4K and 8K displays with the availability of UHD content and increasing deployment of HUD, central stack display, and instrument cluster in automotive vehicles are some other factors that support market growth.

The sample report for the Display Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.