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The players in the display market across the globe are competing to develop and incorporate newer technologies and devices
The players in the display market across the globe are competing to develop and incorporate newer technologies and devices, in order to sustain in the fierce competition. The global display market is largely driven by consumer applications. The medical and industrial markets are expected to show decent growth in the next five years, being driven by investments in the technology as well as by the upcoming developments and projects in the U.S., China, India, Brazil, and central & eastern European countries. The global display market is witnessing investments in the implementation of technologies to produce new and high-quality products. The companies involved in this market are extensively focusing on research and new product developments.
The key players in the global display market include Samsung Electronics (South Korea), LG (South Korea), E Ink Holdings (Taiwan), AU Optronics (Taiwan), Atmel (U.S.), Corning (U.S.), Plastic Logic (U.K.), DuPont Display (U.S.), Hewlett Packard (U.S.), Panasonic Corp. (Japan), Sony Corporation (Japan), and Philips (The Netherlands), etc.
New product launches is the key strategy adopted by the industry players to achieve growth in the global display market. The rising demand for the display devices as well as the high growth in the emerging markets encouraged companies to adopt this strategy. Market players are focusing on entering into new markets by launching technologically advanced and innovative products in both the existing and emerging markets. Mergers & acquisitions, partnerships, agreements, collaborations, and product promotions are some of the major strategies adopted by the market players to achieve growth in the global displays market.
The profitable growth for the players in the global displays market across diversified regions, customers, and channels can help them attain sustainable growth. Many major players, such as Samsung Electronics (South Korea), LG Display (South Korea), and AU Optronics (Taiwan) have been increasingly targeting the emerging markets across the APAC regions to expand their geographical footprint. Some of the major players are focusing on creating new markets for their products through the design and development of solutions that cater to the specific requirements of their targeted end-markets in the emerging economies.
Display Market by Type (Conventional, 3D, Transparent, Flexible), Technology (LED, OLED, LCD, E-Paper), Application (Consumer Electronics, Automotive, Retail & Banking, Medical & Industrial) & Geography - Trends & Forecast to 2020
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