lcd panel market share 2016 free sample

This market research report includes a detailed segmentation of the global large area LCD display market by application (TVs, notebooks, monitors, tablets, and others). It outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are AU Optronics, BOE Technology, Innolux, LG Display, and Samsung Display.

Technavio’s research analyst predicts the global large area LCD display market to grow at a CAGR of 3% during the forecast period. The formation of UHD alliances is the primary growth driver for this market. During 2015, supply chain members of the global UHD TV market announced the formation of the UHD Alliance to support innovative technologies including 4K and higher resolution, high dynamic range, immersive 3D audio, and wider color gamut.

The decline in ASP of the LCD panel is expected to boost the market growth during the forecast period. During 2014, per meter square, ASP of LCD panel was $472, which declined to $416 during 2015. Vendors reduced the ASP to reduce excess inventory. The declining per square meter ASP of LCD panel drove the shipment of LCD display in terms of area.

During 2015, the TV segment dominated the large area LCD display market with a market share of 38%. The primary reason for the growth of this product segment was the strong demand for 4K TVs of 40 inches and larger screen size. During 2015, several manufacturers introduced 4K TVs ranging from 50 inches and above.

During 2015, APAC accounted for 81% of the market share and is expected to grow at a CAGR of 1% during the forecast period. The high concentration of display device manufacturers and LCD panel manufacturers in this region are the primary growth drivers. Technavio expects that the well-established supply chain for display devices in APAC would continue to support the dominance of this region in the market during the forecast period. China is emerging fast as a leading hub for large area TFT LCD display manufacturers because of the rise in the number of display device manufacturers in the country.

Manufacturing LCD display panels require economies of scale because the equipment used to manufacture displays are expensive. This presents high entry barriers for LCD display panel manufacturers. Currently, the global large area LCD display market is dominated by China, Japan, South Korea, and Taiwan in terms of production and revenue contribution. Chinese manufacturers have the advantage of manufacturing LCD panels at a lower cost. This has resulted in price wars among LCD manufacturers and has accelerated the declining ASP of LCD panels. Vendors such as LG and Samsung are under a lot of pressure as profit margins have come down because of increased competition.

Other prominent vendors in the market include Chi Mei Optoelectronics, Chunghwa Picture Tube (CPT), HannsTouch Solution, HannStar Display, InfoVision Optoelectronics, Japan Display, Kaohsiung Opto-Electronics, NEC Display Solutions, Panasonic, and Sharp.

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

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

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

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

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

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

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

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

WASHINGTON, July 28, 2022 (GLOBE NEWSWIRE) -- Vantage Market Research"s latest research on the Global Curved Display Devices Market finds that the introductions of new products related to Curved Display Devices Market based on the technology are likely to strengthen the growth of the Curved Display Devices Market over the analysis period. The Global Market revenue was valued at USD 5.4 Billion in 2021.

The Global Curved Display Devices Market size is forecasted to reach USD 13.2 Billion by 2028 and is forecast and grow exhibiting a Compound Annual Growth Rate (CAGR) of 16.2% during the forecast period; states Vantage Market Research, in a report, titled "Curved Display Devices Market Size, Share & Trends Analysis Report by Display Type (LCD, EPD, LED, OLED), by Application (Smartphones & Tablets, Televisions, Smart Wearable, Laptops & Computers), by End-User (Consumer Electronics, Transportation, Retail, Advertising), by Region (North America, Europe, Asia Pacific, Latin America) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)".

Using industry data and interview with experts, you can learn about topics such as regional impact analysis, global forecast, competitive landscape analysis, size & share of regional markets.

Free sample includes, Industry Operating Conditions, Industry Market Size, Profitability Analysis, SWOT Analysis, Industry Major Players, Historical and Forecast, Growth Porter"s 5 Forces Analysis, Revenue Forecasts, Industry Trends, Industry Financial Ratios.

The report also presents the country-wise and region-wise analysis of the Vantage Market Research and includes a detailed analysis of the key factors affecting the growth of the market.

Sample Report further sheds light on the Major Market Players with their Sales Volume, Business Strategy and Revenue Analysis, to offer the readers an advantage over others.

Key Insights & Findings from the Report: According to our primary respondents’ research, the Curved Display Devices market is predicted to grow at a CAGR of roughly 16.2% during the forecast period.

The Curved Display Devices market was estimated to be worth roughly USD 5.4 Billion in 2021 and is expected to reach USD 13.2 Billion by 2028; based on primary research.

There is an increase in the automotive and industrial use of curved display technology in various applications such as Smartphones, TVs, and Computer Monitors, to name a few., where the benefits are present. For example, the Human Machine Interface (HMI) used in the automotive industry demonstrates technological breakthroughs and analyzes consumer electronics market demand. The most acceptable way to remove analog components such as buttons, and knots, to note a few, on HMI is to use curved displays. As the emphasis on curved display technology in consumer electronics and automotive applications is adapted to users, their demand in these fields will likely grow again.

These days, with rapidly paced changing surroundings, the curved show era is relatively new within the digital display market and is gaining sturdy interest amongst users. Moreover, curved monitors are now making their debut inside the market on a far smaller scale than televisions and mobile phones. In televisions and mobiles, a curved display tasks the photo at the screen and affords a mile"s more expansive field of view than a general flat display screen. And so, the rise in advanced and digital technology fuels the market growth.

Benefits of Purchasing Curved Display Devices Market Reports: Customer Satisfaction: Our team of experts assists you with all your research needs and optimizes your reports.

North America is expected to dominate the growth of Curved Display Devices Market in 2021 and is expected to continue to dominate the forecast period owing to rising revenue losses and increased consumer spending, and the presence of prominent emerging economists in the region. In addition, improving government programs to facilitate investment and build better quality production infrastructure in the country is another factor expected to support market growth to some extent in the region.

This market titled “Curved Display Devices Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below: ParameterDetails

The report can be customized as per client needs or requirements. For any queries, you can contact us on sales@vantagemarketresearch.com or +1 (202) 380-9727. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.

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We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research reports. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.

The global industrial display market was accounted for a revenue of USD 4.94 billion in 2019 and expected to grow at a 7.4% CAGR during the forecast period, from 2020 to 2027. Increasing demand for the growing demand for Human Machine Interface (HMI) devices, rising adoption of

The market is gaining traction due to innovative features which comprises radio frequency identification (RFID), touch screen panels and automatic touch detectors, internet connectivity, and resistance to extreme vibration, temperature, scratch, and dust. The industry has a wide scope for growth due to the increasing replacement of push-button technology and manual process with advanced displays across various industries.

The market is gaining popularity owing to continuous technological advancement to keep upgraded with the rapidly changing industrial demands. The latest technology innovated in this industry is LCD, DLP, Color Filter (CF), Thin-Film-Transistor, and Low-Temperature Poly-Silicon. The need for innovation and technological advancement is increasing due to the rising demand for smart touch screen displays and multi-featured HMIs.

Based on type, the industrial display market is segmented into rugged displays, open frame monitors, panel-mount monitors, video walls, and marine displays. In 2019, the panel-mount type segment held the largest market share and projected to retain its position in the next few years. This high revenue market share is attributed to having various applications and the easy availability of devices at affordable prices.

Marine displays are widely used in shipping vessels and commercial, yachts, and cruise ships and designed to sustain in harsh marine conditions. These industrial displays held the lowest market share, in 2019 and are estimated to rise at a CAGR of more than 6% during the forecast period. This is due to the increasing application of these displays for real-time sonar systems in ships and engine monitoring systems in ships.

Application-wise, the market is segmented into HMI, remote monitoring, interactive display, and digital signage. In 2019, the HMI application accounted for the largest market share in terms of revenue and is projected to witness considerable growth during the forecast period. This is due to the growing geographical expansion of HMI manufacturers in emerging countries including India and China.

Technological innovation has the capacity to control infrastructure, operational activities in factories, and industrial machinery. The rapid growth in IIoT solutions is expected to increase the adoption of HMI applications, thereby expected to drive market growth in the next few years. The interactive application allows two-way communication between user and machine, thereby expected to have healthy growth during the forecast period.

Based on technology, the industrial displays market is fragmented into LCD, LED, OLED, and E-paper displays. Industry market players are engaged in patenting their product innovation to gain maximum share in the market. For example, LED HERO Electronic Technology Co., Ltd has innovated transparent LED devices and holds a patent for them.

In 2019, the LECD technology held the largest market share. However, it is expected that the revenue share for LCD technology will decrease in the next few years due to the advent of advanced display technology. The adoption of OLED technology is increasing owing to its brightness controlling attribute which is not present in LEDs and LCDs. In addition, the contrast effect feature is managed better in OLED than LCD and LED. Hence, the OLED type is projected to exhibit the fastest CAGR over the forecast period.

Based on end-use, the market is segmented into manufacturing, mining & metals, chemical, oil & gas, energy & power, and others. The manufacturing sector is projected to hold the largest market share in terms of revenue during the forecast period. This largest market share is attributed to the rising demand for an industrial display to improve work proficiency in manufacturing activities. For example, the alarm feature is used in the manufacturing process offers real-time signals to the operator in case of abnormal activities.

In 2019, the mining and metal sector held the largest market share. The rising adoption of rugged displays in this sector is projected to surge the industrial display market growth shortly.

In 2019, North America held the largest market share in terms of revenue. The high revenue market share is attributed to rising investment in multi-featured HMI devices and IIoT applications. The rising penetration of digital signage and HMIs are anticipated to open new avenues for regional market growth over the forecast period. In addition, the region is an early adopter of industrial automation which is expected to boost the demand for these displays rapidly. U.S. is projected to gain substantial market share due to increasing demand from HMI and remote monitoring applications.

Moreover, in the Asia Pacific, South Asian countries like China, Japan, and India are expected to boost the demand for industrial displays. Thus, Asia Pacific is estimated to grow at a CAGR shortly. The manufacturing and power generation sectors are projected to play a vital role to propel the market growth in this region.

The market has been negatively impacted due to the outbreak of the COVID-19 virus. This pandemic has hit several industries including oil & gas, energy & power, chemical, among others. The spread of this virus has forced these industries to stop or slow down their business operations, which has hampered the demand for industrial display globally.

The prominent players operating in this market are LG Display Co., Ltd., Samsung Display, WinMate, Inc., Japan Display, Inc., and Advantech Co., Ltd. Several market players have adopted merger and acquisition strategies to develop advanced technologies and to enhance the R&D activities. For example, in 2017, Advantech Co., Ltd. acquired a 60% stake in South Korea-based medical display company, Kostec Co., Ltd., to expand its geographical presence. This acquisition will help Advantech Co., Ltd to expand its healthcare product line in South Korea and is projected to drive the hospital market growth in this nation.

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For this study, Million Insight has segmented the global industrial display market report based on type, technology, application, panel size, end-use, and region:

The Large-Area LCD Display Market Research Report offers a total analysis of the industry and its crucial factors driving the growth and expansion of the market. This paper presents credible research and facts. The Large-Area LCD Display market research report examines ground-breaking ideas from top leading industry players that help them modify their product offerings. This Market research report basically includes the collection and analysis of market data along with evaluating them based on various parameters.

This study"s objective is to give you a thorough, well-considered record so you can benefit from the market"s expanding opportunities throughout time to 2022 to 2027.The report is 115 pages long.

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. By Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

● With the use of market research, which will assist in discovering and visualizing new market participants as well as their portfolios, will be better able to make decisions and create an efficient counter strategy to maximize market advantage.

The Large-Area LCD Display Market Industry Research Report contains: ● The study considers factors that influence the supply and demand for the Large-Area LCD Display on the market.

● It completes a thorough analysis of global market trends and bases its projections on ongoing reports and CAGR projections. The first stage in doing market research is to clearly define the objectives of your business.

● Using the Large-Area LCD Display Market Analysis report, we may look into key aspects of a free enterprise system, including economic freedom, competition, equality of opportunity, and profit incentive.

The Large-Area LCD Display Market Research Reports include a thorough discussion of the coronavirus"s effects in addition to the major market trends. When considering the impact of the COVID-19 on the industry, insights, analysis, projections, and predictions are given in the report study.

Large-Area LCD Display Market Size and Industry Challenges ● The gap between supply and demand continues to be the industry"s main issue, according to Large-Area LCD Display market research. Markets from significant nations are included in the analysis based on type and application. The challenges the market has faced in adapting to technological developments are discussed in the report on Large-Area LCD Display market research.

● While providing an analytical perspective of the Large-Area LCD Display industry, it gives business strategies with the most recent growth potential.

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 industrial display market was accounted for a revenue of USD 4.94 billion in 2019 and expected to grow at a 7.4% CAGR during the forecast period, from 2020 to 2027. Increasing demand for the growing demand for Human Machine Interface (HMI) devices, rising adoption of

The market is gaining traction due to innovative features which comprises radio frequency identification (RFID), touch screen panels and automatic touch detectors, internet connectivity, and resistance to extreme vibration, temperature, scratch, and dust. The industry has a wide scope for growth due to the increasing replacement of push-button technology and manual process with advanced displays across various industries.

The market is gaining popularity owing to continuous technological advancement to keep upgraded with the rapidly changing industrial demands. The latest technology innovated in this industry is LCD, DLP, Color Filter (CF), Thin-Film-Transistor, and Low-Temperature Poly-Silicon. The need for innovation and technological advancement is increasing due to the rising demand for smart touch screen displays and multi-featured HMIs.

Based on type, the industrial display market is segmented into rugged displays, open frame monitors, panel-mount monitors, video walls, and marine displays. In 2019, the panel-mount type segment held the largest market share and projected to retain its position in the next few years. This high revenue market share is attributed to having various applications and the easy availability of devices at affordable prices.

Marine displays are widely used in shipping vessels and commercial, yachts, and cruise ships and designed to sustain in harsh marine conditions. These industrial displays held the lowest market share, in 2019 and are estimated to rise at a CAGR of more than 6% during the forecast period. This is due to the increasing application of these displays for real-time sonar systems in ships and engine monitoring systems in ships.

Application-wise, the market is segmented into HMI, remote monitoring, interactive display, and digital signage. In 2019, the HMI application accounted for the largest market share in terms of revenue and is projected to witness considerable growth during the forecast period. This is due to the growing geographical expansion of HMI manufacturers in emerging countries including India and China.

Technological innovation has the capacity to control infrastructure, operational activities in factories, and industrial machinery. The rapid growth in IIoT solutions is expected to increase the adoption of HMI applications, thereby expected to drive market growth in the next few years. The interactive application allows two-way communication between user and machine, thereby expected to have healthy growth during the forecast period.

Based on technology, the industrial displays market is fragmented into LCD, LED, OLED, and E-paper displays. Industry market players are engaged in patenting their product innovation to gain maximum share in the market. For example, LED HERO Electronic Technology Co., Ltd has innovated transparent LED devices and holds a patent for them.

In 2019, the LECD technology held the largest market share. However, it is expected that the revenue share for LCD technology will decrease in the next few years due to the advent of advanced display technology. The adoption of OLED technology is increasing owing to its brightness controlling attribute which is not present in LEDs and LCDs. In addition, the contrast effect feature is managed better in OLED than LCD and LED. Hence, the OLED type is projected to exhibit the fastest CAGR over the forecast period.

Based on end-use, the market is segmented into manufacturing, mining & metals, chemical, oil & gas, energy & power, and others. The manufacturing sector is projected to hold the largest market share in terms of revenue during the forecast period. This largest market share is attributed to the rising demand for an industrial display to improve work proficiency in manufacturing activities. For example, the alarm feature is used in the manufacturing process offers real-time signals to the operator in case of abnormal activities.

In 2019, the mining and metal sector held the largest market share. The rising adoption of rugged displays in this sector is projected to surge the industrial display market growth shortly.

In 2019, North America held the largest market share in terms of revenue. The high revenue market share is attributed to rising investment in multi-featured HMI devices and IIoT applications. The rising penetration of digital signage and HMIs are anticipated to open new avenues for regional market growth over the forecast period. In addition, the region is an early adopter of industrial automation which is expected to boost the demand for these displays rapidly. U.S. is projected to gain substantial market share due to increasing demand from HMI and remote monitoring applications.

Moreover, in the Asia Pacific, South Asian countries like China, Japan, and India are expected to boost the demand for industrial displays. Thus, Asia Pacific is estimated to grow at a CAGR shortly. The manufacturing and power generation sectors are projected to play a vital role to propel the market growth in this region.

The market has been negatively impacted due to the outbreak of the COVID-19 virus. This pandemic has hit several industries including oil & gas, energy & power, chemical, among others. The spread of this virus has forced these industries to stop or slow down their business operations, which has hampered the demand for industrial display globally.

The prominent players operating in this market are LG Display Co., Ltd., Samsung Display, WinMate, Inc., Japan Display, Inc., and Advantech Co., Ltd. Several market players have adopted merger and acquisition strategies to develop advanced technologies and to enhance the R&D activities. For example, in 2017, Advantech Co., Ltd. acquired a 60% stake in South Korea-based medical display company, Kostec Co., Ltd., to expand its geographical presence. This acquisition will help Advantech Co., Ltd to expand its healthcare product line in South Korea and is projected to drive the hospital market growth in this nation.

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For this study, Million Insight has segmented the global industrial display market report based on type, technology, application, panel size, end-use, and region:

The global LED modular display market size was worth USD 5.49 billion in 2019. The market is estimated to witness a 13.2% CAGR over the forecast duration, 2020 to 2027. The rise in adoption of LED modular display units across various industries such as airports/railways, sports & entertainment, media & advertising, retail, control rooms, and the auditorium is likely to drive the market growth during the forecast years. In addition, an increasing number of sports events, product launches, dynamic content, advertising through social media, brand endorsement, and displaying live videos are further supplementing the market growth. Various industries are focusing on deploying innovative technologies such as IoT, machine learning, big data, artificial intelligence, and augmented reality to increase the engagement of customers. Retail stores, in particular, are emphasizing using interactive displays to enable customers for virtual dress trials.

Key market participants are increasingly focusing on innovation to expand their customer base. For example, Nike collaborated with technology company W+K Lodge to introduce Makers’ Experience, which makes use of projection technology and objects tracking to make the design appear on the sneakers depending on the selection prepared on the video wall. Therefore, the rise in demand for interactive digital signage systems is likely to proliferate the market growth.

However, complexity in LED modular display installation and higher investment cost is anticipated to restrain the market growth from 2020 to 2027, particularly in emerging countries. Various factors that influence the cost include display size, configuration, installation location, mounting type, and display resolution attribute to the cost of the product. In addition, high research and development cost is required for the technology, which, in turn further augment the overall cost. Owing to the high cost, market players are offering modular displays on rent. Market players such as PixelFLEX provide the product on a rental basis.

In 2019, the outdoor modular screens segment held the largest share in the LED modular display market with more than 50%. Further, the segment is projected to continue its domination over the forecast duration. Outdoor LED screens are designed to provide information in an aesthetically appealing format, even in extreme environmental situations such as dust, rains, and extreme heat. Increasing demand for this segment in sophisticated applications such as stadia screens scoreboards, video walls, perimeter boards, and advertising boards is attributing to its highest share. Moreover, there has been a rise in the number of outdoor events such as music concerts, brands endorsement, product launches, and sports events.

In 2019, Europe held the highest revenue in the LED modular display market of approximately 35%. Increasing technology adoption in European countries such as Germany, the United Kingdom, Belgium, and Italy coupled with the rise in demand from digital-out-of-home advertisement is proliferating the market regional growth. In addition, the rise in the number of sporting events, live concerts, and corporate exhibitions is further projected to supplement the market growth in the region.

COVID-19 has significantly affected the growth of the market following the imposition of lockdowns across several parts of the world to stop the disease spread. Lockdowns have resulted in disruption in the supply chain, which in turn, has hampered production. There has been a significant decline in the demand for the product in public places, as social distancing bars the marketing activities in these places. Nonetheless, the product demand is gaining traction following the relaxation in lockdown norms. Several sporting events and other concerts are taking place with or without public gatherings. For example, a music concert was held in the United Kingdom in August 2020 following the social distancing protocols. Thus, the market is estimated to recover over the next couple of years as pandemic ceases following the development of many elusive vaccines.

Owing to the presence of several domestic and international players, the market is witnessing high competition. Major players such as NEC Display Solutions, Samsung, Planar, and Sony Corporation are increasingly focusing on designing innovative indoors and outdoors LED display products. In addition, these players are heavily investing in research and development to integrate LED technologies with innovative technologies.

Market players are adopting strategic initiatives, which include the introduction of new products and up-gradation of existing ones. For example, Shenzhen Absen Optoelectronic Co., Ltd., in mid-2020, upgraded its LED product named C15-31 Plus mesh. This up-gradation has allowed the product to be used for digital billboards and building façade. Market participants are also focusing on mergers & acquisitions to consolidate their position in the market. For example, Prismaflex announced the acquisition of a 50% share of Anthem Displays to strengthen the former’s position in the United States market. Key players operating in the market are PixelFLEX, Samsung, Yaham Optoelectronics Co., Ltd., Planar, Barco, Pro Display, and Sony Corporation among others.

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis on latest industry trends in each of the sub-segments from 2016 to 2027. For this study, Million Insights has segmented the global LED modular display market report by type and region:

Key Industry Insights & Finding of the Electronic Display Market Reports:As per the analysis shared by our research analyst, the Electronic Display Market is expected to grow annually at a CAGR of around 10.9 % (2022-2028).

Through the primary research, it was established that the Electronic Display Market was valued approximately USD551.8Billion in 2021 and is projected to reach to roughly USD1,026.5 Billion by 2028.

The market is being driven by the increasing use of OLED displays in various applications, the increasing use of LED displays for video walls, TVs, and digital signage applications, the growing demand for interactive displays in various applications, and the rising demand for display-based medical equipment, including ventilators and respirators, as a result of the COVID-19 pandemic. In addition, the growing need for on-the-go information, an increase in the number of electronic readers, and the development of simple-to-use display devices are all boosting demand in the electronic display market. Due to the low cost of 3G and 4G communications technology, as well as the availability of Wi-Fi in both private and public settings, video streaming has grown in popularity, resulting in new business prospects. The introduction of technologically advanced consumer electronics goods like smartphones, smart tablets, and smart television sets is expected to propel the electronic display industry forward. Moreover, increased digitization in developed countries would generate additional business opportunities for the electronic display industry during the projection period.

Get a Free Sample Report with All Related Graphs & Charts (with COVID 19 Impact Analysis): https://www.zionmarketresearch.com/sample/electronic-display-market

LED displays are a popular sort of display technology for a variety of applications. When compared to other technologies, it has a bigger market share. The LED display business has grown in recent years. One of the most recent breakthroughs in LED displays is the shrinking of the components required to construct an LED screen. LED screens have grown ultra-thin and large due to miniaturization, allowing them to be placed on any surface, inside or outside. LED applications have grown, owing largely to technological developments such as improved resolution, increased brightness capabilities, product diversity, and the creation of toughened surface LEDs and tiny LEDs. LED displays are also commonly used in digital signage applications such as advertising and digital billboards, which help firms stand out from the crowd.

In recent years, foldable displays have grown popular in tablets, smartphones, and notebook computers. Due to the flexible substrates used to create them, flexible display panels are bendable. Flexible display technology, centered on OLED panels, underpins foldable phones. Flexible OLED display panels for smartphones, television sets, and smartwatches are being mass-produced by companies such as Samsung and LG.

Many countries have adopted or continue to enforce lockdowns in order to halt the spread of COVID-19. The supply chain of several markets, including the display market, has been affected as a result. Display makers are facing difficulty in manufacturing and supplying their products as a result of supply chain issues. Due to COVID-19, China is the worst-affected country in terms of display manufacturing. Due to a manpower scarcity, a lack of logistics support, and quarantine processes, the company"s overall display production has decreased.

By Technology, the market is classified into LCD, LED, OLED, and Others. LCD displays have dominated the market in recent years. Due to the expanding applications in consumer electronics products such as TVs and personal computers, the category dominated the overall industry revenue share. Advanced LED and OLED display technologies, on the other hand, are gaining popularity because of their great operating stability and applicability for a wide range of applications. These electronic technologies are commonly employed in digital signage applications as well as smart devices like phones, tablets, and wearables. To differentiate their product offers from rigid LCD and AMOLED displays used in various device applications, manufacturers are progressively migrating from rigid OLED displays to flexible AMOLED displays.

By Application, the market is classified into Consumer Electronics, Digital Signage, Automotive Display, and Others. The consumer electronics application category accounted for more than half of total revenue and is expected to expand steadily over the projection period. The industry is likely to benefit from the widespread adoption of digital signage across various end-use segments. Key advances such as sophisticated digital signage 2.0, which shows data by moving infographics, are widely utilized in the retailing industry, resulting in the enrichment of the business plan and brand through outstanding aesthetics.

Report CoverageMarket growth drivers, restraints, opportunities, Porter"s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

APAC is predicted to have the greatest share throughout the projection period. Other factors contributing to the region"s market growth include an increase in the number of display panel production plants and the rapid adoption of OLED displays. APAC has a low labor cost, which lowers the overall manufacturing costs of display panels. This has enticed a number of corporations to locate new OLED and LCD panel manufacturing units in this region. Consumer electronics, retail, BFSI, healthcare, transportation, and sports and entertainment industries are likely to significantly contribute to the growth of the APAC display market. Furthermore, an increased display device used in many industries, particularly in countries such as China, India, and South Korea, is a key factor supporting the market.

North America is expected to be the most lucrative regional market, with growth anticipated throughout the forecast period. As people"s disposable incomes rise and their lives improve, demand for advanced display-based applications is expected to climb gradually. Another aspect that will drive adoption in the region is an increase in smartphone shipments to the region. This will drive growth in the United States in the next years, and the value will only rise as technology advances.

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The new report by Expert Market Research titled, ‘Global TFT-LCD Display Panel Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the globalTFT-LCD display panel market share, assessing the market based on its segments like size, application and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

The current worldwide TFT-LCD display panel market is being driven by rising demand for flat panel TVs, high-quality smartphones, tablets, and car monitoring systems, as well as the expanding gaming industry. The flat panel display dominates the global display industry, with TFT-LCD display panels being the most popular flat panel type and is being driven by significant demand from growing nations, particularly those in Asia Pacific such as India, China, Korea, and Taiwan, among others. The increased demand for consumer electronics such as LCD TVs, PCs, laptops, SLR cameras, navigation devices, and others has aided the industry’s growth.

TFT-LCD displays are a type of liquid crystal display in which each pixel is connected to a thin film transistor. TFT has been used in all LCD computer screens since the early 2000s because it has a faster response time and greater colour fidelity. They are in high demand in practically all sectors where displays are required due to their advantageous qualities like as light weight, slimness, high resolution, and low power consumption. TFT-LCD display panels, despite their bigger dimensions, are more practical since they can be viewed from a broader angle, are not prone to reflection, and are lighter in weight than classic CRT TVs.

The global TFT-LCD display panel market is being pushed by rising household demand for average and large-sized flat-screen televisions, as well as rising desire for small, high-resolution smart phones with large screens. The growing demand for portable and small-sized tablets in the educational and commercial sectors has also contributed to the growth of the TFT-LCD display panel market. Expanding demand for vehicle displays, a thriving gaming industry, and the growing popularity of 3D movies are all important market drivers. Despite concerns about market oversupply, shipments of large TFT-LCD display panels increased again in 2020.

With more than one-third of the global share, North America is the largest market for TFT-LCD display panels. It is closely followed by the Asia-Pacific area, which includes nations such as India, China, Korea, and Taiwan, which are key rising markets for TFT-LCD display panels. China and India are two of the region’s fastest developing economies. The expansion of demand in these regions has been aided by the expansion of their economies, an increase in disposable incomes, and an increase in desire for consumer electronics.

The major players in the market are Samsung, LG Electronics Inc, Sharp Electronics Corporation, BOE Technology Group Co Ltd, AU Optronics Corp, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, mergers and acquisitions, among other latest developments of these market players.

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.