lcd display market manufacturer

The global TFT-LCD display panel market attained a value of USD 148.3 billion in 2022. It is expected to grow further in the forecast period of 2023-2028 with a CAGR of 4.9% and is projected to reach a value of USD 197.6 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.

Flat-panel displays are thin panels of glass or plastic used for electronically displaying text, images, or video. Liquid crystal displays (LCD), OLED (organic light emitting diode) and microLED displays are not quite the same; since LCD uses a liquid crystal that reacts to an electric current blocking light or allowing it to pass through the panel, whereas OLED/microLED displays consist of electroluminescent organic/inorganic materials that generate light when a current is passed through the material. LCD, OLED and microLED displays are driven using LTPS, IGZO, LTPO, and A-Si TFT transistor technologies as their backplane using ITO to supply current to the transistors and in turn to the liquid crystal or electroluminescent material. Segment and passive OLED and LCD displays do not use a backplane but use indium tin oxide (ITO), a transparent conductive material, to pass current to the electroluminescent material or liquid crystal. In LCDs, there is an even layer of liquid crystal throughout the panel whereas an OLED display has the electroluminescent material only where it is meant to light up. OLEDs, LCDs and microLEDs can be made flexible and transparent, but LCDs require a backlight because they cannot emit light on their own like OLEDs and microLEDs.

Liquid-crystal display (or LCD) is a thin, flat panel used for electronically displaying information such as text, images, and moving pictures. They are usually made of glass but they can also be made out of plastic. Some manufacturers make transparent LCD panels and special sequential color segment LCDs that have higher than usual refresh rates and an RGB backlight. The backlight is synchronized with the display so that the colors will show up as needed. The list of LCD manufacturers:

Organic light emitting diode (or OLED displays) is a thin, flat panel made of glass or plastic used for electronically displaying information such as text, images, and moving pictures. OLED panels can also take the shape of a light panel, where red, green and blue light emitting materials are stacked to create a white light panel. OLED displays can also be made transparent and/or flexible and these transparent panels are available on the market and are widely used in smartphones with under-display optical fingerprint sensors. LCD and OLED displays are available in different shapes, the most prominent of which is a circular display, which is used in smartwatches. The list of OLED display manufacturers:

MicroLED displays is an emerging flat-panel display technology consisting of arrays of microscopic LEDs forming the individual pixel elements. Like OLED, microLED offers infinite contrast ratio, but unlike OLED, microLED is immune to screen burn-in, and consumes less power while having higher light output, as it uses LEDs instead of organic electroluminescent materials, The list of MicroLED display manufacturers:

Sony produces and sells commercial MicroLED displays called CLEDIS (Crystal-LED Integrated Displays, also called Canvas-LED) in small quantities.video walls.

LCDs are made in a glass substrate. For OLED, the substrate can also be plastic. The size of the substrates are specified in generations, with each generation using a larger substrate. For example, a 4th generation substrate is larger in size than a 3rd generation substrate. A larger substrate allows for more panels to be cut from a single substrate, or for larger panels to be made, akin to increasing wafer sizes in the semiconductor industry.

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The global automotive LCD display market was valued at $7.2 billion in 2021, and is projected to reach $12.2 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.

According to Vaishnavi Mate Lead Analyst, Semiconductor and Electronics, at Allied Market Research, the automotive LCD display Market is expected to showcase remarkable growth during the forecast period of 2022-2031. The report contains a thorough examination of the market size, automotive LCD display market trends, key market players, sales analysis, major driving factors, and key investment pockets. The report on the global automotive LCD display market provides an overview of the market as well as market definition and scope.

Automotive LCD displays are used to display vehicle information to driver and passengers. This display is also used for multimedia visualization. The emergence of advanced functions, including navigation, multimedia systems, driver assistance, and connected car features, and the improving driver-to-vehicle communication are anticipated to boost the use of the LCD display in the automotive sector. 3D displays are in trend in automotive sector. Also, LCD display technologies witness popularity at a high pace. In addition, the LCD display technology has gained increased importance in automotive products. Moreover, automotive manufacturers plan to incorporate LCD displays to attract the consumers. These automotive displays are highly customizable according to customer requirements. This display increases brand value of the vehicle. Hence, the expansion of production LCD displays is expected to drive the growth of the automotive LCD display market in this country.

Companies can operate their business in highly competitive market by launching new products or updated versions of existing products. Partnership/collaboration agreement with key stakeholders is expected to be a key strategy to sustain in the market. In the recent past, many leading players opted for product launch or partnership strategies to strengthen their foothold in the market.

The automotive lcd display market is segmented into Display Size and Vehicle Type.Factors such as growth in cloud computing, surge in edge computing, and rise in government regulations regarding localization of data centers fuel the growth of the automotive LCD display market size. However, restricted view angle of LCD displays may hamper the growth of the market. Furthermore, increase in AR and VR devices in displays is expected to offer lucrative opportunity for automotive LCD display market outlook.

On the basis of display size, the market is classified into upto 7 inch and more than7 inch. The upto 7 inch segment was the highest revenue contributor to the market and is expected to follow the same trend during the forecast period.

On the basis of vehicle type, it is categorized into passenger car, light commercial vehicle, and heavy commercial vehicle. Passenger car segment dominated the market in 2021.

On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with their prominent countries. Asia-Pacific accounted for the largest market share in 2021. Major organizations and government institutions in the country are intensely putting resources into the technology to develop and deploy advanced technology solutions in the automotive.

Competitive analysis and profiles of the major globalautomotive LCD displayplayers that have been provided in the reportContinental AG, LG Display Corporation, Denso Corporation, Socionext, Yazaki, Japan Display Inc., Visteon Corporation, Samsung, Panasonic Corporation, Robert Bosch, and Sharp Corporation. These key players adopt several strategies such as new product launch and development, acquisition, partnership and collaboration and business expansion to increase the automotive LCD display market share during the forecast period.

Country-wise, the China acquired a prime share in the automotive LCD display industry in the Asia Pacific region and is expected to grow at a significant CAGR during the forecast period of 2019-2031.China holds major market share in terms of revenue generation from the sale of LCD display module because of the higher presence of presence of the automotive manufacturers.

In Europe, the UK, dominated the automotive LCD display market, in terms of revenue, in 2021 and is expected to follow the same trend during the forecast period. However, Germany is expected to emerge as the fastest-growing country in Europe"s automotive LCD display with a notable CAGR, due to advancement in the automotive industry which drives the usage of microelectronics in the country and thus creates lucrative growth automotive LCD display market opportunity in Germany.

In North America, U.S. is expected to emerge as a significant market for the automotive LCD display industry, owing to new developments in touch screen technologies has led to shift from single touch screen to sensitive multitouch screens. Continuous advancements in display technology help improve the quality of touch screen. Innovation in touch screen displays is the key driver expected to boost the market growth during the forecast period.

By LAMEA region, the Latin America country garner significant market share in 2021 due to the adoption of new technologies, digital transformation and connectivity are reshaping the future of automotive and the consumer electronics industry in Latin America. Moreover, the Middle East region is expected to grow at a significant CAGR from 2022 to 2031, owing to shifts in artificial intelligence, industry 4.0, and smart technological changes in recent years, which is expected to reshape the automotive LCD display market growth in the Middle East.

The significant factors impacting the automotive LCD display market include upsurge in adoption of Automotive LCD Monitor and LCD modules for automotive in touch screen devices. Rise in need for AR/VR devices and commercialization of autonomous vehicles is expected to create lucrative growth opportunities for the automotive LCD display market in the near future. However, restricted view angle of LCD displays restricts the market growth up to a certain level.

The globalautomotive LCD displaymarket is highly competitive, owing to the strong presence of existing vendors. Vendors of theautomotive LCD displaymarket with extensive technical and financial resources are expected to gain a competitive advantage over their competitors because they can cater to market demands. The competitive environment in this market is expected to increase as technological innovations, product extensions, and different strategies adopted by key vendors increase.

Continental AG, LG Display Corporation, Japan Display Inc., Visteon Corporation, Samsung, Panasonic Corporation, and Sharp Corporation are the top 5 companies holding a prime share in theautomotive LCD displaymarket. Top market players have adopted various strategies, such as product launches, contracts, and others to expand their foothold in the automotive LCD display market analysis.In August 2022, LG Display Co Ltd extended their liquid crystal display (LCD) production, as panel prices continue to rise on robust demand.

In May 2021, Japan Display Inc. (JDI) developed a 21.3-inch 5mega-pixel monochrome LCD (2048 × 2560ppi) with High-brightness and High-contrast ratio TFT display made by Dual-cell technology.

This study comprises an analytical depiction of the market size along with the current trends and future estimations to depict the imminent investment pockets.

Key Market Players LG Display Co Ltd, Denso Corporation, Socionext us, Yazaki Corp, JAPAN DISPLAY INC, Visteon Corporation, Samsung Electronics Co Ltd, Panasonic Corporation, Robert Bosch, Sharp Corporation, Continental AG

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.

The global display market reached a value of US$ 151.5 Billion in 2021. As per the analysis by IMARC Group, the top manufacturers in the display industry are focused on manufacturing advanced display variants in different sizes that are equipped with speakers, built-in cameras, and video calling features. They are also making heavy investments in the advancement of display technologies, such as liquid crystal display (LCD), cathode ray tube (CRT), light-emitting diode (LED), organic LED (OLED), gas plasma, quantum dot, and e-paper. Along with this, the development of smart displays integrated with innovative technologies, such as the Internet of Things (IoT) and artificial intelligence (AI) that assist in real-time monitoring and provide remote access, is offering lucrative opportunities to key players. Furthermore, the leading manufacturers are entering into partnerships and collaborations and focusing on research and development (R&D) activities to launch technologically advanced displays. Apart from this, the introduction of interactive and flexible displays that offer enhanced brightness, flexibility, and low power consumption is creating a positive market outlook. Looking forward, the market value is expected to reach US$ 197.3 Billion by 2027, growing at a CAGR of 4.10% during the forecast period (2022-2027).

AU Optronics Corp. is a leading provider of optoelectronic solutions that offer a wide range of display applications and smart solutions integrating software and hardware. The company was formed by the merger of Acer Display Technology, Inc. and Unipac Optoelectronics Corporation. It is committed to developing innovative display technologies for its premium and value-added display product applications. Over the years, it has earned worldwide recognition for its smart diversified solutions with its strong R&D capacity, manufacturing expertise, and comprehensive product portfolio. Currently, it has operations in numerous countries across the globe, including Taiwan, Mainland China, Japan, Singapore, South Korea, the US, and Europe.

BOE Technology Group Co. Ltd. is a leading semiconductor display company that offers ultra-high-definition, flexible, and micro-display solutions. It also provides smart products and professional services for information interaction and human health. The company operates through five segments, including semiconductor display, sensor and solution, MLED, smart system innovation, and smart medicine and engineering. It has several manufacturing bases in Beijing, Hefei, Chengdu, Chongqing, Fuzhou, Mianyang, Wuhan, Kunming, Suzhou, Ordos, and Gu"an. Its subsidiaries are located in 19 countries and regions, including the USA, Germany, UK, France, Switzerland, Japan, Korea, Singapore, India, Russia, Brazil, and UAE.

Corning Incorporated is one of the leading innovators in materials science worldwide that specializes in glass, ceramics, and concrete manufacturing. The company’s industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks. It operates through five segments, including display technologies, optical communications, environmental technologies, specialty materials, and life sciences.

DuPont de Nemours Inc. is a global innovation and technology leader, serving the semiconductor, display, circuit board, digital and flexographic printing, healthcare, aerospace, industrial, and transportation industries. The company is a leading supplier of innovative display materials and processes that enable enhancements to advanced flat-panel display (FPD), liquid crystal display (LCD), and organic light-emitting diode (OLED) display technologies. It operates several manufacturing facilities and offices in around 40 countries across the globe, including the United States, China, Taiwan, Singapore, Indonesia, India, Japan, Mexico, Australia, Canada, Korea, France, Germany, United Kingdom, Italy, Spain, Philippines, Thailand, Vietnam, Belgium, and Brazil.

E Ink Holdings Inc. is the originator, pioneer, and leader in ePaper technology. It delivers its advanced display products to the leading brands and manufacturers across the globe, allowing them to install extremely durable, low-power displays in previously impossible or unimaginable applications and environments. It also develops, manufactures, and markets thin-film transistor liquid crystal displays (TFT-LCDs). At present, the company has operations in Taiwan, China, North America, Japan, and Korea.

Innolux Corporation is a global leader in display technology engaged in producing and supplying TFT-LCD, liquid crystal panel modules, and touch modules. It provides advanced display integration solutions with innovative and differentiated technologies, such as 8K4K ultra-high-resolution, active-matrix AM miniLED, AM microLED, LTPS, and touch solutions. The company also covers a range of display application products, including TV panels, desktop monitors and notebook computer panels, small and medium-sized panels, medical panels, and automotive panels.

Leyard Optoelectronic Co., Ltd. is a global leader in audio-visual technology. It operates through four segments, including intelligent display, international business, nightscape lighting, cultural tourism, and VR entertainment. In addition, the company offers a variety of display products, such as small pitch LED, conventional LED, LCD products, creative LED, LED leasing, LED modular, and conference and commercial display products.

LG Display Co. Ltd. is a leading global display company that manufactures and sells innovative displays and related products through differentiated technologies such as OLED and IPS. It is an innovation leader in display technologies, including thin-film transistor liquid crystal (TFT-LCD), OLED, and flexible displays. Moreover, it manufactures display panels in various sizes and specifications for use in consumer electronics and also produces a variety of OLED light panels for the automotive and interior design sectors.

Qisda Corporation is an ODM/OEM leader engaged in manufacturing electronic products for consumer, commercial, medical, and industrial applications. It has a diverse product portfolio, consisting of LCD monitors, digital signage and professional displays, projectors, scanners, multifunctional printers, 3G/4G smartphones, medical gateways, medical imaging and telecare, automobile infotainment devices, e-reader, and tablets. Moreover, the company owns and operates manufacturing facilities in China, Mexico, and Taiwan.

Samsung Electronics Co. Ltd. is a global technology leader and one of the largest producers of electronic products. It manufactures a wide range of consumer and industrial electronic equipment and products, including semiconductors, personal computers, peripherals, monitors, TVs, and home appliances. Samsung"s OLED displays are leading the global small- and medium-sized display market through various innovative technologies such as clear image quality, slim design, and low power consumption. Moreover, the company also offers Internet access network systems, telecommunications equipment like mobile phones, and LED solutions.

Seiko Epson Corporation is a global technology leader and one of the largest manufacturers of computer printers, information, and imaging-related equipment. The company has a diversified product portfolio, comprising display solutions, semiconductors, printers, projectors, scanners, POS systems, robots, smart glasses, and watches. It has operations in Japan, Singapore, China, India, United States, Netherlands, Canada, Mexico, UK, France, Italy, and New Zealand.

Sharp Corporation is a Japanese multinational corporation primarily engaged in the manufacturing and sales of electric and electronic application equipment, electronic components, and telecommunications equipment. The company operates through three segments, including smart life, 8K ecosystem, and ICT. It has a diverse product portfolio, consisting of display modules, LCD TVs, semiconductor lasers, sensor modules, audio equipment, in-vehicle cameras, multi-function printers, information displays, and business projectors.

Sony Corporation is a Japanese multinational conglomerate corporation that manufactures electronic products, semiconductor solutions, and imaging and sensing solutions. It also offers a wide range of professional displays, including LCD, HDR, LED, and OLED display technologies, ideal for digital signage, screen mirroring, and various professional solutions. The company currently has operations across several countries and regions worldwide, including Japan, the United States, Europe, China, India, Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, and Vietnam.

About IMARC Group:IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the global display market & also AMOLED Display, holographic, 3D Display, Head-up Display, Rugged Display, which has enabled clients to set up and expand their businesses successfully. Some of the company"s offerings include:

A flat panel display (FPD) is an electronic view device that allows people to see content such as text or moving images in different consumer electronics, mobile devices, and a range of entertainment. FPDs are thinner and lighter than conventional cathode ray tubes (CRT), which is usually less than 10 centimeters. There are two different categories of FPDs namely emissive displays and non-emissive displays. LED is an example of an emissive display, while LCD is an example of non-emissive display. These displays are majorly used in TV monitors, laptop computers, portable electronics, digital cameras, packet video games, etc. FPDs offer high pixel resolution, enhanced contrast setting, and lower power consumption.

The global flat panel display market is estimated to be valued at US$ 142,155 million in 2021 and is expected to exhibit a CAGR of 5.8 % over the forecast period (2021-2028).

In April 2020, AU Optronics partnered with PlayNitride Inc., a Micro LED technology provider, to develop high resolution flexible micro LED display technology. AUO and PlayNitride each exerted their expertise in display and LED to jointly develop a leading 9.4-inch high resolution flexible micro LED display with the highest 228 PPI pixel density.

In January 2020, LG Display unveiled its latest displays and technologies at CES 2020 in Las Vegas from January 7 to 10. The company will introduce a 65-inch Ultra HD (UHD) Bendable OLED display and a 55-inch Full HD (FHD) Transparent OLED display.

In August 2019, LG Display announced the opening of its 8.5th generation (2,200mm x 2,500mm) OLED panel production plant in Guangzhou, China, to produce 10 million large-size OLED panels a year.

Asia Pacific excluding Japan held dominant position in the global mobile phone accessories market in 2020, accounting for 84.8% share in terms of Value, followed by Europe and Americas, respectively.

Rising government support to FPD industry is expected to drive growth of the global flat panel display market during the forecast period. Rising government initiatives and proactive support have led to rapid development of flat panel industry in major economies including Japan, Canada, and the U.S. For instance, the government of Japan has shown keen interest in the development of high-resolution screens. On the contrary, the U.S. Government is supporting FPD industry, which is primarily channeled through the Department of Defense. Moreover, the Korean government provides support for development of the high tech industry.

Growing adoption of FPD in mobile devices is expected to propel the global flat panel display market growth over the forecast period. Increasing demand for smartphones with augmented features is a major driving factor in the market. Smartphone manufacturers are focused on adopting FPD technology, in order to cater to increasing demand for high-quality image and clarity. FPD offers enhanced picture quality with improved contrast setting and low power consumption.

FPDs are being increasingly deployed in various application areas, especially in retail segment. Major demand for LCD and PDP technologies is arising from the retail segment for application in flat digital signage Majority of small flat panel digital signage installations are taking place in retail stores and Quick Service Restaurants (QSRs).

LCD manufacturers are innovating their LCD product line and introducing new technology to sustain in the LCD panel market. For instance, in 2012, Samsung commercialized production of a transparent LCD panel for a wide variety of display applications such as platform doors of subways, commercial freezer doors, e-Boards, medical equipment, and mobile devices.

By Application: Consumer Electronics (LCD Television (TV), Mobile Phone, Personal Computer (PC)), Automotive Application, Others (Healthcare, Defense, Military, Aviation, Automotive)

Sony Corporation, AU Optronics Corp., Panasonic Corporation, Emerging Display Technologies Corp., LG Display Co. Ltd., Innolux Corp., Universal Display Corporation, Japan Display Inc., and Samsung Electronics Co. Ltd.

Development in glass OLED panels has led to next-generation displays such as plastic OLED panels. These OLED panels utilize plastic substrate instead of a conventional glass substrate that has various applications. For instance, in 2013, LG Display introduced the world’s first display manufacturer to provide mass-produced flexible OLED panels for smartphones. It is expected to expand further into diverse applications including automobile displays, tablets, etc.

The liquid crystal display (LCD) segment held dominant position in the market and accounted for 38% share in the global flat panel display market in 2020. The segment is expected to reach US$ 124,042.18 million in 2028. This is owing to the wider angles and large display area offered by LCD.

The consumer electronics segment held a dominant position and accounted for 87% share in the global flat panel display market in 2020. This is segment is expected to be valued US$ 99,939.82 million by 2028, owing to growing demand for television and smartphones.

Saturation in the market is expected to restrain growth of the global flat panel display market during the forecast period. Popularity of LCDs is high due to engagement of some of the top players such as Samsung, LG, Panasonic, etc. However, the trend is rapidly changing, owing to the introduction of more powerful technologies such as OLED, which is gaining popularity among major players in the market. Key companies in the market such as Apple are shifting towards OLED displays for application in its products such as iPad, iPhone, iTV, iWatch, etc.

Restricted view angle of LCD is expected to hinder the global flat panel display market growth over the forecast period. LCD technologies have a major drawback, restricted viewing angle. As a result of this, images and brightness on a television screen do not appear in true color when viewed from every angle. Several technologies have been developed to address this issue; however, OLED televisions seem to be the best option in this regard.

Key companies involved in the global flat panel display market are Sony Corporation, AU Optronics Corp., Panasonic Corporation, Emerging Display Technologies Corp., LG Display Co. Ltd., Innolux Corp., Universal Display Corporation, Japan Display Inc., and Samsung Electronics Co. Ltd.

Major companies in the market are focused on product launches, in order to expand product portfolio. For instance, in January 2020, Sony Corporation launched Bravia displays and a crystal LED display at ISE 2020.

Key players in the market are involved in partnerships and collaborations, in order to gain a competitive edge in the market. For instance, August 2019, Universal Display Corporation partnered with Eternal Material Technology Company to commercialize OLED host materials.

In both LCD and OLED displays, producing these cells – which are highly complex – is by far the most difficult element of the production process. Indeed, the complexity of these cells, combined with the levels of investment needed to achieve expertise in their production, explains why there are less than 30 companies in the whole world that can produce them. China, for instance, has invested more than 300 billion yuan (approximately $45 billion USD) in just one of these companies – BOE – over the past 14 years.

Panox Display has been involved in the display industry for many years and has built strong and long-term partner relationships with many of the biggest OLED and LCD panel manufacturers. As a result, we are able to offer our clients guaranteed access to display products from the biggest manufacturers.

LG Display was, until 2021, the No. 1 display panel manufacturer in the world. Owned by LG Group and headquartered in Seoul, South Korea, it has R&D, production, and trade institutions in China, Japan, South Korea, the United States, and Europe.

Founded in 2001, AUO – or AU Optronics – is the world’s leading TFT-LCD panel manufacturer (with a 16% market share) that designs, develops, and manufactures the world’s top three liquid crystal displays. With panels ranging from as small as 1.5 inches to 46 inches, it boasts one of the world"s few large-, medium -and small-sized product lines.

AUO offers advanced display integration solutions with innovative technologies, including 4K2K ultra-high resolution, 3D, ultra-thin, narrow bezel, transparent display, LTPS, OLED, and touch solutions. AOU has the most complete generation production line, ranging from 3.5G to 8.5G, offering panel products for a variety of LCD applications in a range of sizes, from as small as 1.2 inches to 71 inches.

Now Sharp is still top 10 TV brands all over the world. Just like BOE, Sharp produce LCDs in all kinds of size. Including small LCD (3.5 inch~9.1 inch), medium LCD (10.1 ~27 inch), large LCD (31.5~110 inch). Sharp LCD has been used on Iphone series for a long time.

Beside those current LCDs, the industrial LCD of Sharp is also excellent and widely used in public facilities, factories, and vehicles. The Sharp industrial LCD, just means solid, high brightness, super long working time, highest stability.

Since its establishment, Truly Semiconductors has focused on researching, developing, and manufacturing liquid crystal flat panel displays. Now, after twenty years of development, it is the biggest small- and medium-sized flat panel display manufacturer in China.

Truly’s factory in Shanwei City is enormous, covering an area of 1 million square meters, with a net housing area of more than 100,000 square meters. It includes five LCD production lines, one OLED production line, three touch screen production lines, and several COG, LCM, MDS, CCM, TAB, and SMT production lines.

Its world-class production lines produce LCD displays, liquid crystal display modules (LCMs), OLED displays, resistive and capacitive touch screens (touch panels), micro camera modules (CCMs), and GPS receiving modules, with such products widely used in the smartphone, automobile, and medical industries. The LCD products it offers include TFT, TN, Color TN with Black Mark (TN type LCD display for onboard machines), STN, FSTN, 65K color, and 262K color or above CSTN, COG, COF, and TAB modules.

In its early days, Innolux attached great importance to researching and developing new products. Mobile phones, portable and mounted DVD players, digital cameras, games consoles, PDA LCDs, and other star products were put into mass production and quickly captured the market, winning the company considerable market share.

Looking forward to the future, the group of photoelectric will continue to deep LCD display field, is committed to the development of plane display core technology, make good use of global operations mechanism and depth of division of labor, promise customers high-quality products and services, become the world"s top display system suppliers, in 2006 in the global mobile phone color display market leader, become "Foxconn technology" future sustained rapid growth of the engine.

Founded in June 1998, Hannstar specializes in producing thin-film transistor liquid crystal display panels, mainly for use in monitors, notebook displays and televisions. It was the first company in Taiwan to adopt the world’s top ultra-wide perspective technology (AS-IPS).

The company has three LCD factories and one LCM factory. It has acquired state-of-the-art TFT-LCD manufacturing technology, which enables it to achieve the highest efficiency in the mass production of thin-film transistor liquid crystal display production technology. Its customers include many of the biggest and most well-known electronics companies and computer manufacturers in Taiwan and overseas.

TCL CSOT – short for TCL China Star Optoelectronics Technology (TCL CSOT) – was founded in 2009 and is an innovative technology enterprise that focuses on the production of semiconductor displays. As one of the global leaders in semiconductor display market, it has bases in Shenzhen, Wuhan, Huizhou, Suzhou, Guangzhou, and India, with nine panel production lines and five large modules bases.

TCL CSOT actively produces Mini LED, Micro LED, flexible OLED, printing OLED, and other new display technologies. Its product range is vast – including large, medium, and small panels and touch modules, electronic whiteboards, splicing walls, automotive displays, gaming monitors, and other high-end display application fields – which has enabled it to become a leading player in the global panel industry.

In the first quarter of 2022, TCL CSOT’s TV panels ranked second in the market, 55 inches, 65 " and 75 inches second, 8K, 120Hz first, the first, interactive whiteboard and digital sign plate; LTPS flat panel, the second, LTPS and flexible OLED fourth.

EDO (also known as EverDisplay Optonics) was founded in October 2012 and focuses on the production of small- and medium-sized high-resolution AMOLED semiconductor display panels.

The company opened its first production line – a 4.5-generation low-temperature polysilicon (LTPS) AMOLED mass production line – in 2014, which started mass producing AMOLED displays in November 2014.

In order to ramp up production output, the company began construction of a 6th-generation AMOLED production line in December 2016, with a total investment of 27.3 billion yuan (almost $4 billion USD). The line, which has a production capacity of 30,000 glass substrates per month, produces flexible and rigid high-end AMOLED displays for use in smartphones, tablet pens, vehicle displays, and wearable devices.

Tianma Microelectronics was founded in 1983 and listed on the Shenzhen Stock Exchange in 1995. It is a high-tech enterprise specializing in the production of liquid crystal displays (LCD) and liquid crystal display modules (LCM).

After more than 30 years of development, it has grown into a large publicly listed company integrating LCD research and development, design, production, sales, and servicing. Over the years, it has expanded by investing in the construction of STN-LCD, CSTN-LCD, TFT-LCD and CF production lines and module factories across China (with locations in Shenzhen, Shanghai, Chengdu, Wuhan and Xiamen), as well R&D centers and offices in Europe, Japan, South Korea and the United States.

The company"s marketing network is all over the world, and its products are widely used in mobile phones, MP3/MP4 players, vehicle displays, instrumentation, household appliances, and other fields. In terms of technical level, product quality, product grade, and market share, it ranks at the forefront of the domestic industry and has become a leading enterprise in the field of small- and medium-sized displays.

JDI (Japan Display Inc.) was established on November 15, 2011, as a joint venture between the Industrial Innovation Corporation, Sony, Hitachi, and Toshiba. It is dedicated to the production and development of small-sized displays. It mainly produces small- and medium-sized LCD display panels for use in the automotive, medical, and industrial fields, as well as personal devices including smartphones, tablets, and wearables.

Although Sony’s TVs use display panels from TCL CSOT (VA panel), Samsung. Sony still produces the world’s best micro-OLED display panels. Sony has many micro OLED model such as 0.23 inch, 0.39 inch, 0.5 inch, 0.64 inch, 0.68 inch, 0.71 inch. Panox Display used to test and sell many of them, compare to other micro OLED manufacuturers, Sony`s micro OLEDs are with the best image quality and highest brightness (3000 nits max).

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.

Panasonic Corporation (Japan), LG Display Co., Ltd (South Korea), HannStar Display Corporation (Taiwan), AU Optronics Corp. (Taiwan), Chi Mei Corporation. (Taiwan), SAMSUNG (South Korea), SHARP CORPORATION (Japan), Schneider Electric (France), Siemens (Germany), Mitsubishi Electric Corporation (Japan), SONY INDIA. (India), FUJITSU (Japan), Chunghwa Picture Tubes, LTD. (Taiwan), Barco.(Belgium), BOE Technology Group Co., Ltd. (China), Innolux Corporation (Taiwan), Advantech Co., Ltd (Taiwan)

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.

The flexible display technology has several benefits over rigid standard displays, which are often heavier. These benefits include light weight, flexibility, brightness, low power consumption, and shatter proofness. There are several consumer electronics products that employ these screens. The consumer electronics industry is expanding due to rising demand for products including smartphones, TVs, laptops, smart wearables, and other display devices.

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.

We have thousands of standard products that are in stock and available from our Seattle, WA and Hong Kong warehouses to support fast product development and preproduction without MOQ. The stock covers TN, STN LCD display panels, COB, COG character LCD display, graphic LCD display, PMOLED, AMOLED display, TFT display, IPS display, high brightness and transflective, blanview sunlight readable display, super high contrast ratio display, lightning fast response displays, efficient low power consumption display, extreme temperature range display, HMI display, HDMI display, Raspberry Pi Display, Arduino display, embedded display, capacitive touch screen, LED backlight etc.  Customers can easily purchase samples directly from our website to avoid time delays with setting up accounts and credit terms and shipping within 24 hours.

Many of our customers require customized OEM display solutions.  With over two decades of experience, we apply our understanding of available display solutions to meet our customer’s requirements and assist from project concept to mass production. Using your ideas and requirements as a foundation, we work side by side with you to develop ideas/concepts into drawings, build prototypes and to final production seamlessly. In order to meet the fast changing world, we can provide the fastest turnaround in the industry, it takes only 3-4 weeks to produce LCD panels samples and 4-6 weeks for LCD display module, TFT LCD, IPS LCD display, and touch screen samples. The production time is only 4-5 weeks for LCD panels and 5-8 weeks for LCD display module, TFT LCD, IPS LCD display, and touch screen.

LCDs find application in a wide range of devices such as smartphones, notebooks, televisions, curved TVs, tablets, digital signage and offer various other benefits with regard to performance and lightweight properties. These displays have higher resolution and more portable than traditional televisions and monitors ; they can produce high-quality digital images.

Prior to the Covid-19 pandemic outbreak in early 2020, the flat-panel display (FPD) market was gloomy. Oversupply, falling prices and losses were the common themes in the market.

It’s been a different story during the outbreak. In 2020, the FPD market rebounded. In the stay-at-home economy, consumers went on a buying spree for monitors, PCs, tablets and TVs. As a result, demand for displays exploded. And shortages soon surfaced for display driver ICs and other components.

2021 is expected to be another boom year, but the party may be over in 2022. The global flat panel display market is expected to jump 28% in 2021 to reach a record high of $ 151 billion. A performance drawn more by old LCD screens (liquid crystal display) than Oled screens.

In 2019 State-backed Chinese manufacturer BOE Technology Group has outstripped South Korea’s LG Display as the top maker of flat-panel displays this year, marking China’s growing dominance in the field. In 2021, another Chinese, CSOT, will climb to second place according to DSCC, and in 2024, a third Chinese, HKC, will climb to the third step of the podium.

Increasing use of flat panel display in healthcare industry is creating opportunities for manufacturers as the demand for high-pixel density display for diagnostic in healthcare is increasing. The demand is increasing for new surgical platforms that consists of ultra-high level of brightness to avoid glare and reflection in high light environment so there are opportunities for manufacturers to develop these platforms.

The expansion of production LCD displays and their increased importance in automotive products drive the growth of the global automotive LCD display market.

The expansion of production LCD displays and their increased importance in automotive products drive the growth of the global automotive LCD display market. However, restricted view angle of LCD displays restricts the market growth. Moreover, increase in use of AR and VR devices in displays present new opportunities for the market in the coming years.

COVID-19 Scenario:The outbreak of the COVID-19 pandemic had a negative impact on the global automotive LCD display market, owing to temporary closure of manufacturing firms and disruptions in the supply chain during the prolonged lockdown.

European countries under lockdowns suffered major loss of businesses and revenues due to shutdown of manufacturing units in the region. Operations of production and manufacturing industries were heavily impacted by the outbreak of COVID-19, which led to the slowdown in the market growth.

Partnership/collaboration agreements with key stakeholders acted as a key strategy to sustain in the market. In the recent past, many leading players opted for product launch or partnership strategies to strengthen their foothold in the market.

Based on display size, the upto 7 inch segment held the highest market share in 2021, accounting for more than half of the global automotive LCD display market, and is estimated to maintain its leadership status throughout the forecast period. Moreover, the same segment is projected to manifest the

Based on vehicle type, the passenger car segment held the highest market share in 2021, accounting for nearly two-thirds of the global automotive LCD display market, and is estimated to maintain its leadership status throughout the forecast period. This is attributed to the huge demand for passenger cars throughout the world. However, the light commercial vehicle segment is projected to manifest the highest CAGR of 7.2% from 2022 to 2031, due to the adoption of advanced technologies.

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2021, accounting for more than one-third of the global automotive LCD display market, and is likely to dominate the market during the forecast period. Moreover, the same region is expected to witness the fastest CAGR of 6.2% from 2022 to 2031. Surge in demand for interactive display, video walls, and touchscreen technology in this region, is expected to boost the market growth. The report also discusses other regions including the North America, Europe, and LAMEA.

Key Benefits For Stakeholders:This study comprises an analytical depiction of the market size along with the current trends and future estimations to depict the imminent investment pockets.

By Application (Smartphone & Tablet, Smart Wearable, Television & Digital Signage, PC & Laptop, Vehicle Display, and Others), Technology (OLED, Quantum Dot, LED, LCD, E-PAPER, and Others), Industry Vertical (Healthcare, Consumer Electronics, BFSI, Retail, Military & Defense, Automotive, and Others), Display Type (Flat Panel Display, Flexible Panel Display, and Transparent Panel Display): Global Opportunity Analysis and Industry Forecast, 2021-2031

By Type (Volumetric Display, Stereoscopic, and HMD), Technology (DLP RPTV, PDP, OLED, and LED), Access Method (Screen Based Display and Micro Display), and Application (TV, Smartphones, Monitor, Mobile Computing Devices, Projectors, HMD, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

By Type (Visual Image, Retinal Display, and Synaptic Interface), Application (Holographic Projection, Head-mounted Display, Head-up Display, and Others), Industry Vertical (Aerospace & Defense, Automotive, Healthcare, Consumer Electronics, Commercial): Global Opportunity Analysis and Industry Forecast, 2020-2030

By Product (Auxiliary Display, Electronic Shelf Labels, E-Readers, and Others), Application (Consumer and Wearable Electronics, Institutional, Media and Entertainment, Retail, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2030

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