Global flat panel display market revenue totaled US$ 140 Bn in 2021. Worldwide sales of flat pandisplays are projected to reach US$ 177.3 Bn by 2027, increasing at a CAGR of 4% from 2022 to 2027.
Flat Panel Display Market Size (2022) US$ 146 Bn
Sales Forecast(2027) US$ 177.3 Bn
Global Market Growth Rate (2022 to 2027) 4%
Share of Top 5 Market Players 18%
Flat panel display consumption accounted for 25% share of the global display market in 2021
Sales Analysis of Flat Panel Displays (2013-2021) Vs Market Outlook (2022 to 2027)
“Increasing Preference for Flat Panel Displays in Different Applications”
The flat panel display market is estimated to rise at a 4% CAGR from 2022 to 2027 in comparison with a CAGR of 3% registered from 2013 to 2021.
Flat panel displays are used in TVs, monitors, and other display-centric appliances. These are thin panels instead of traditional cathode ray tubes (CRT). These displays are much thinner and lighter, and are more portable than traditional monitors and TVs. They are capable of higher resolution than older models.