July 25, 2024
Home » Display Market Emerging Technologies, Development Status And Industry Expansion Strategies 2029
The demand for large-size LCD displays is expected to expand at a compound annual growth rate of more than 3% as a result of the expansion.

Display Market Analysis and Trends:

Maximize Market Research (MMR) performs thorough analysis of the “Display Market“, scrutinizing every sector while considering both global and regional trends. The report provides a well-rounded market overview by extensively addressing key drivers and significant constraints. Organized into distinct sections covering Products, Applications, Retailers, and Regions, it ensures readers gain a comprehensive understanding of the Display market. Moreover, the report offers long-term industry forecasts for the global Display Market, facilitating informed decision-making.

Evaluation and Development of the Market:

Display Market Size was worth US$ 153.73 Bn in 2022 and total revenue is expected to grow at a rate of 3.6 % CAGR from 2023 to 2029, reaching almost US$ 196.91 Bn in 2029.

Market Extent and Techniques:

In addition to providing revenue, financial standings, portfolio, and technical developments for a thorough competitive analysis, the study offers a detailed overview of the global Display market, breaking down the leading industry participants by region. The market estimate is carried out using a bottom-up methodology, combining quantitative and qualitative analysis, and utilising both primary and secondary data sources. While PESTLE analysis clarifies the possible influence of micro-economic factors on the market, SWOT analysis highlights the advantages and disadvantages of the Display Market.

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Important Market Trends:

Integration of Advanced Features: Advanced features including connection, sensor fusion, advanced driving assistance systems (ADAS), and in-vehicle infotainment (IVI) are being rapidly integrated into Display s. The growing desire from consumers for improved comfort, safety, and entertainment features in cars is driving this trend.Display Driving: The need for more potent and effective Display is being driven by the shift to electric vehicles (EVs) and autonomous driving. The Display industry is expanding as a result of these Display ‘ responsibility for controlling intricate systems like motor control, battery management, and real-time data processing for autonomous operations.

Organising the Market for Display s :

by Display type

Flat Panel
Flexible Panel
Transparent Panel
by Technology

OLED
Quantum Dot
LED
Electronic Paper
LCD
Others

Based on Technology, the market is sub-segmented into OLED, Quantum Dot, LED, Electronic Paper, LCD and Others. The liquid crystal display (LCD) industry has reached its maximum stage in its development, and LCD investment will focus on increasing production capacity and lowering costs. Due to the epidemic, global demand for large-size LCD display production capacity has surged and has been growing rapidly since the second quarter of 2020. Large-size LCD display production capacity is expected to grow at a compound annual growth rate of 2.2 % from 2020 to 2025, according to forecasts.

by Application

Smartphone & Tablet
Smart Wearable
Television and Digital Signage
PC & Laptop
Automotive Display

Based on Application, the market is sub-segmented into Smartphone, Smart Wearable, Television and Digital Signage, PC & Laptop and Automotive Display. Smartphones are likely to account for a large percentage of the industry. The rising usage of OLED and flexible screens by smartphone makers will drive this growth. Shipments of high-cost flexible OLED displays are rapidly expanding, and this trend is projected to continue during the forecast period. The smart wearable’s segment has emerged as the global market’s new growth route. The market for these devices is fast growing, and with the widespread adoption of AR/VR technologies, demand for smart wearables is likely to rise over the forecast period.

by End-User

Healthcare
Consumer Electronics
Retail
BFSI
Military & Defense
Transportation

Based on End Use, the market is sub-segmented into Healthcare, Consumer Electronics, Retail, BFSI, Military & Defense, Transportation and Others. With remarkable technological developments, such as improved picture quality in large-screen TVs and the growth of smartphones, the consumer electronics industry is rising at a breakneck speed. These innovative products are made available by OLED technology. Consumer demand for OLED items is being driven by technology developments in consumer electronics as well as global economic growth. OLED displays are widely used in smartphones and television sets.

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Challenges and Opportunities:

Supply Chain Disruptions: The automotive industry has been grappling with supply chain disruptions, particularly in the wake of global events such as the COVID-19 pandemic. These disruptions pose challenges in sourcing raw materials and components, affecting the production and availability of Display s.Regulatory Compliance: Stringent regulatory requirements pertaining to safety, emissions, and cybersecurity pose compliance challenges for Display manufacturers. However, compliance with these regulations also presents opportunities for innovation and differentiation in the market.

Regional Analysis:

The report offers a comprehensive analysis of the growth pattern of the Display Market,providing detailed insights into its trajectory. It focuses on the most influential regions in the Display market, including North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa,which collectively have a global impact. The forecast of the Display market for each country incorporates significant indicators such as consumption quantities, manufacturing sites and volumes,import-export analysis, price trend analysis, cost of raw materials, and value chain analysis. Theseindicators play a vital role in understanding the market dynamics and predicting its future trends.

Leading Entities in the Display s Market Sector

1. Samsung Electronics Co. Ltd.
2. AU Optronics
3. Japan Display Inc.
4. E Ink Holdings Inc.
5. Hannstar Display Corporation
6. Corning Incorporated
7. Kent Displays Inc.
8. NEC Display Solutions
9. Sony Corporation
10. Innolux Corporation
11. BOE Technology Group Co., Ltd.
12. Sharp Corp. Limited
13. VARITRONIX
14. TCL Display Technology Holdings Limited
15. UNIVERSAL DISPLAY
16. Corning Incorporated
17. NEC Display Solutions
18. Atmel Corporation
19. Cambridge Display Technology Limited
20. HP Development Company
21. L.P.
22. Epson
23. Sony Corporation

List of Contents : Display s Market

Part 01: Executive Summary

Part 02: Scope of the Display s Market Report

Part 03: Display s Market Landscape

Part 04: Display s Market Sizing

Part 05: Display s Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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In conclusion:

Rapid technology breakthroughs, regulatory restrictions, and changing consumer tastes are driving the Display market’s evolution. It is imperative for manufacturers to adjust to these shifts by prioritising innovation, efficiency, and security in order to seize new possibilities and maintain their competitive edge in this ever-changing industry.

Key Offerings:

  • Historical Market Size and Competitive Landscape (2018 to 2021)
  • Historical Pricing Trends by Region (2018 to 2021)
  • Market Size, Share, and Forecast by Segment (2023−2029)
  • Market Dynamics: Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation: Detailed Analysis by Segment and Region, including Sub-segments
  • Competitive Landscape: Profiles of Selected Key Players by Region, Providing Strategic Insights
  • Competitive Landscape Analysis: Market Leaders, Followers, Regional Players
  • Competitive Benchmarking of Key Players by Region
  • PESTLE Analysis
  • PORTER’s Analysis
  • Value Chain and Supply Chain Analysis
  • Legal Aspects of Business by Region
  • Lucrative Business Opportunities with SWOT Analysis
  • Recommendations for Market Strategies and Actions to Capitalize on Emerging Trends.

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About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company comprising professionals from various industries. Our coverage spans medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, automotive, chemical products, general merchandise, beverages, personal care, and automated systems, among others. We provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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