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Flat Panel Display Market Size, Growth, Demand and Forecast 2022-27
The latest research study “Flat Panel Display Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global flat panel display market size reached US$ 124.23 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 171.98 Billion by 2027, exhibiting a growth rate (CAGR) of 5.40% during 2022-2027.
Flat panel display represents electronic view devices that project several information, such as videos, images, and texts, to provide an enhanced viewing experience of visual content to the users. In terms of technologies, they can be segmented into light-emitting diode (LED), liquid crystal display (LCD), and organic light-emitting diode (OLED) categories. These flat panel display variants are extremely thin, non-brittle, and lightweight and offer improved display quality and portability as compared to the conventional cathode ray tubes (CRT) products. They even have high pixel resolution and brilliant contrast. As a result, flat panel display models find extensive utilization in TV monitors, laptop computers, commercial freezer doors, portable electronics, platform doors of subways, and medical equipment.
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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.
Flat Panel Display Market Trends and Drivers:
The escalating demand for smartphones integrated with state-of-the-art display features and high-quality image and clarity across countries is primarily driving the flat panel display market. Furthermore, the development of advanced technologies, including flexible flat panel displays and OLED, and the introduction of innovative interactive touch-based wearable devices are also positively influencing the market growth. In addition to this, the emerging trend of e-learning and the elevating need for efficient display panels as a means of delivering interactive content are acting as significant growth-inducing factors. Besides this, the shifting preferences toward automated manufacturing, the rising focus among leading market players on building mass production facilities and lowering overall costs, and the expanding installation of digital signage in retail stores and quick service restaurants (QSRs) are expected to fuel the flat panel display market over the forecasted period.
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Flat Panel Display Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AU Optronics, Crystal Display Systems Ltd, Emerging Display Technologies, Innolux Corporation, LG Display Co. Ltd. (LG Corporation), NEC Corporation (AT&T Corporation), Panasonic Holdings Corporation, Samsung Electronics Co., Ltd., Sharp Corporation, Sony Group Corporation, Toshiba Corporation and Universal Display Corporation.
The report has segmented the market on the basis of technology, application and industry vertical.
Breakup by Technology:
- OLED
- Quantum Dot
- LED
- LCD
- Others
Breakup by Application:
- Smartphone and Tablet
- Smart Wearable
- Television and Digital Signage
- PC and Laptop
- Vehicle Display
- Others
Breakup by Industry Vertical:
- Healthcare
- Retail
- BFSI
- Military and Defense
- Automotive
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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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.
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