Global Flat Panel Displays Market By Technology (OLED, Quantum Dot, LED, LCD and Others), Application (Smartphone and Tablet, Smart Wearable, Television and Digital Signage, PC and Laptop, Vehicle Display and Others), Industry Vertical (Healthcare, Retail, BFSI, Military and Defence, Automotive and Others), Display Size (<10 Inches, 10-20 Inches, 20-30 Inches, 30-40 Inches and >40 Inches), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Increased demand and preferences for OLED displays in tablets, rise in the advancements in production technology and increasing application of flat panel displays for a wide range of applications such as smartphone and tablet, smart wearable, television and digital signage, pc and laptop, vehicle display, and others are the major factors attributable to the growth of flat panel displays market. Data Bridge Market Research analyses that the flat panel displays market will exhibit a CAGR of 6.83% for the forecast period of 2021-2028.
Flat panel display is an electronic viewing technology that is used for a wide range of consumer electronic products. These are lighter and thinner than other alternatives.
Increased focus on the technological advancements and rising demand for vehicle display technology will emerge as the major market growth driving factors. Growth in the demand for automated manufacturing in industrial sector will further aggravate the market value. Growth in the proliferation of smartphones, laptops and televisions especially in the developing economies is other factor bolstering growth of the market. The rise in the applicability in video-games and entertainment industry will further carve the way for the growth of the market.
However, dearth of skilled experts will act as a growth restraint for the market. Complex manufacturing process and the fluctuations in the prices of raw materials will also create hindrances for the growth of market. High costs associated with the displays will further dampen the growth rate of the market.
This flat panel displays market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on flat panel displays market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Flat Panel Displays Market Scope and Market Size
The flat panel displays market is segmented on the basis of technology, application, industry vertical and display size. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- Flat panel displays market on the basis of technology has been segmented as OLED, quantum dot, LED, LCD, and others.
- Based on application, flat panel displays market has been segmented into smartphone and tablet, smart wearable, television and digital signage, pc and laptop, vehicle display, and others.
- On the basis of industry vertical, flat panel displays market has been segmented into healthcare, retail, BFSI, military and defense, automotive, and others.
- On the basis of display size, flat panel displays market has been segmented into <10 inches, 10-20 inches, 20-30 inches, 30-40 inches, and >40 inches.
Global Flat Panel Displays Market Country Level Analysis
The flat panel displays market is analysed and market size, volume information is provided by country, technology, application, industry vertical and display size as referenced above.
The countries covered in the flat panel displays market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the flat panel displays market and will continue to flourish its trend of dominance during the forecast period owing to the rising focus towards the adoption of advanced technologies. Asia-Pacific will however, score the highest CAGR for this period. This is because of the rising proliferation of smartphones, tablets, television and other such consumer electronic devices especially in the emerging economies like India and China. Moreover, increased focus of the major manufacturers on the adoption of advanced technologies will further bolster the market growth rate in the upward direction.
The country section of the flat panel displays market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Flat Panel Displays Market Share Analysis
The flat panel displays market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to flat panel displays market.
The major players covered in the flat panel displays market report are LG Display Co.,Ltd, BOE, Technology Group Co., Ltd., Japan Display Inc., Koninklijke Philips N.V., SAMSUNG, Apple Inc., Corning Incorporated, DuPont, ASUSTeK Computer Inc., BenQ Materials Corporation, AU Optronics Corp., Bolymin Inc., CASIO COMPUTER CO., LTD., Chunghwa Picture Tubes, LTD., Planar Systems, Inc., Toshiba Corporation, Sony Corporation, Atmel Corporation, Universal Display Corporation and Novaled AG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.