display market growing at a cagr of 4.0% and expected to reach $167.7 billion by 2024 - exclusive report by

by:LCD Mall     2020-08-18
It shows that the market is growing at a compound growth rate of 4.
$ 0% is expected to reach $167.
7 billion to 2024
Exclusive coverage of MarketsandMarkets™Chicago, June 17, 2019 Chicago, June 17, 2019/PRNewswire /--
According to the new market research report \"show the market by product (
Smart phones, wearable devices, TVs, cars, signage), Technology (LCD, OLED (
Flexible, foldable, rigid),Direct-View LED, MicroLED), Panel Size (
Medium, small, large)
Industry and geography
Global Forecast by 2024 released by Marketsandmarkets™The display panel market is expected to grow from 13137.
Between $7 billion and $167 in 2019.
From 7 billion to 2024, the compound growth rate was 4.
0% from 2019 to 2024.
More and more OLED displays are used in smartphones, and the demand for flexible display panels is also increasing. Government support and investment in the construction of new OLED and LCD panel manufacturing facilities are also increasing. These are all display
However, shipments of televisions, tablets and display screens are expected to hinder the growth of the display market during the forecast period.
Average price fluctuations (ASP)
Display panel;
Complex supply chain and manufacturing processes;
High cost associated with new display technology
Product-based display panel manufacturers face major challenges in the market.
Ask for a PDF brochure: \"Smartphones occupy the largest share of the display market in 2018\" and smartphones occupy the largest market share in 2018.
In the past five years, the smartphone industry has experienced tremendous technological development.
Significant progress has been made in OLED displays;
Smartphones are becoming more and more complex, attractive and popular with users.
Friendly, high resolution.
This growth will be driven primarily by the addition of OLED and flexible display applications.
Shipments of expensive flexible OLED displays are growing rapidly;
This trend is expected to continue during the forecast period.
The Asia-Pacific region is the main region for smartphone display demand because of the presence of several smartphone vendors such as Samsung, Sony, Panasonic, Huawei, Xiaomi, Oppo and Vivo.
During the forecast period, the Asia-Pacific region will continue to occupy the largest market share.
The micro market
LED technology is expected to grow at the highest compound growth rate from 2019 to 2024
From 2019 to 2024, LED display technology is expected to grow at the highest compound growth rate. The micro-
LED technology is under development, but it 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 quality transfer as well as yieldrates are also different as the panel sizes vary. With micro-
In 2019, LED was commercialized on smart watches and HMDs.
The LED display market is expected to grow rapidly during the forecast period.
In the meantime, other products such as TV, HUDs and smartphones are also expected to be commercialized.
\"The Asia-Pacific region will grow with the highest compound growth rate during the forecast period\", and it is expected that the market in the Asia-Pacific region will grow with the highest compound growth rate during the forec period.
The Asia-Pacific region is leading the production and consumption of display panels.
The high demand for display screens in South Korea, China and Japan is the main factor in the Asia-Pacific region\'s dominance in the global market.
Some of the major original brand manufacturers and most display panel manufacturers are located in the Asia Pacific region.
China is expected to occupy the largest market share during the forecast period, as several display panel manufacturers in the country have strong display panel manufacturing capabilities (
Is also a large number of major product manufacturers). Browsein-
Deep TOC 69-table98-Figures227 on \"display market\"-page request sample page for Report: Samsung Electronics (Samsung Display)(South Korea); LG Display (South Korea); Oriental Technology (China); AU Optronics (AUO)(Taiwan); Innolux (Taiwan); JapanDisplay (JDI)(Japan); Sharp (Foxconn)(Japan);
Photoelectric Technology of Chinese stars (CDOT, CDOT, TCL)(China);
Tianma Weike (China);
Real International (Hong Kong)
Leading the display panel market.
Please browse the relevant reports: Micro
LED market in various application fields (Display (
Smart watches, NTE equipment (AR, VR)
Smartphones, TVs, HUD, digital signage, laptops and monitors)and Lighting(
General Motors))
, Display panel size, vertical and geographic location-
Global OLED market forecast for 2025 (by display application)
Smart phone, TV, car, NTE), PanelType (Rigid, flexible)
, Technology, size, material (FMM RGB, WOLED)
Light application (
General Motors)
, Panel type, vertical and geo-
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