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Display Market Size | Industry Analysis and Market Forecast to 2024 | MarketsandMarkets

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[227 Pages] Display Market Research Report- Exclusive Research Report on Display Market. Identify the New Revenue Sources in Display Industry and Win the competition. Get Report Now! – PowerPoint PPT presentation

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Title: Display Market Size | Industry Analysis and Market Forecast to 2024 | MarketsandMarkets


1
MarketsandMarkets Presents
Display Market worth 167.7 billion by 2024 with
a growing CAGR of 4.0
Display Market by Product (Smartphone,
Wearables, Television, Automotive, Signage),
Technology (LCD, OLED (Flexible, Foldable,
Rigid), Direct-View LED, Micro-LED), Panel Size
(Micro, Small Medium, Large), Industry, and
Geography - Global Forecast to 2024
https//www.marketsandmarkets.com/Market-Reports/d
isplay-market-925.html
2
According to the new market research
report "Display Market by Product (Smartphone,
Wearables, Television, Automotive, Signage),
Technology (LCD, OLED (Flexible, Foldable,
Rigid), Direct-View LED, Micro-LED), Panel Size
(Micro, Small Medium, Large), Industry, and
Geography - Global Forecast to 2024", The display
panel market is expected to grow from USD 137.7
billion in 2019 to USD 167.7 billion by 2024, at
a CAGR of 4.0 from 2019 to 2024. Growing
adoption of OLED displays in smartphones and high
demand for flexible display panels and rising
government support and increasing investments
toward the construction of new OLED and LCD panel
manufacturing facilities are the major driving
factors of display market. However, saturated
shipments of display panels for TVs, tablets, and
monitors are expected to hamper the growth of the
display panel market during the forecast period.
Fluctuating average selling price (ASP) of
display panels complex supply chain and
manufacturing processes and high costs
associated with new display technology-based
products are major challenges faced by display
panel manufacturers in the market.   Browse 69
market data Tables and 98 Figures spread
through 227 Pages and in-depth TOC on "Display
Market - Global Forecast to 2024"Early buyers
will receive 10 customization on this report.
3
Smartphones held the largest share of display
panel market in 2018 Smartphones accounted for
largest share of the market in 2018.  The
smartphone industry has witnessed substantial
technological developments in the last 5 years.
OLED displays have made significant inroads
smartphones have become more sophisticated,
attractive, user-friendly, and high resolution.
This growth will be propelled mainly by
increasing adoption of OLED and flexible
displays. Shipment of highly priced flexible OLED
display panels are increasing at a rapid rate
this trend is expected to continue during the
forecast period. APAC is a major region in terms
of demand for smartphone display panels due the
presence of several smartphone vendors such as
Samsung, Sony, Panasonic, Huawei, Xiaomi, Oppo,
and Vivo. APAC will continue to account for the
largest market share during the forecast
period. PDF Brochure_at_ https//www.marketsandmarket
s.com/pdfdownloadNew.asp?id925 Market
for micro-LED technology expected to grow at
highest CAGR from 2019 to 2024 The market for
micro-LED display technology is expected to grow
at the highest CAGR from 2019 to 2024. The
micro-LED technology is in under development but
has the potential to disrupt the existing display
market by supporting a range of display
applications. The micro-LED technology can be
applied to displays of any size however, the
manufacturing process and mass transfer and yield
rates differ with panel size. With micro-LEDs
commercialization in smartwatches and HMDs in
2019, the micro-LED display panel market is
expected to grow rapidly during the forecast
period. Commercialization in other products like
televisions, HUDs, and smartphones is also
expected during this period.
4
APAC to grow at the highest CAGR during forecast
period The market in APAC is expected to grow at
the highest CAGR during the forecast period. APAC
is the leading region in terms of production and
consumption of display panels. The high demand
for display panels in countries such as South
Korea, China, and Japan is the major factor for
APACs dominance in the global market. Several
major original brand manufacturers and most of
the display panel manufacturers are based in the
APAC region. China is expected to hold the
largest share of the market during the forecast
period owing to the fact that there are several
display panel manufacturers in the country with
robust display panel manufacturing capabilities
(also a large number of major product
manufacturers). Request for Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNew
.asp?id925 Samsung Electronics (Samsung
Display) (South Korea) LG Display (South Korea)
BOE Technology (China) AU Optronics (AUO)
(Taiwan) Innolux (Taiwan) Japan Display (JDI)
(Japan) Sharp (Foxconn) (Japan) China Star
Optoelectronics Technology (CSOT, CDOT, TCL)
(China) Tianma Microelectronics (China) and
Truly International (Hong Kong) are the leading
players in the display panel market.

5
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6
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