Display Market by Product (Smartphone, Wearables, Television, Automotive, Signage), Technology (LCD, OLED (Flexible, Foldable, Rigid), Direct-View LED, Micro-LED), Panel Size (Micro, Small & Medium, Large), Industry, and Geography - Global Forecast to 2024
MarketsandMarkets forecasts the display panel market to grow from USD 137.7 billion in 2019 and to reach USD 167.7 billion by 2024, at a CAGR of 4.0% during the forecast period. Growing adoption of OLED displays in smartphones; huge investments toward, along with government support for, construction of new OLED and LCD panel manufacturing facilities; and increasing demand for 4K and 8K displays with the availability of UHD content are the major driving factors for the market’s growth during the forecast period.
Factors like increasing deployment of HUD, central stack display, and instrument cluster in automotive vehicles; and rising focus toward technological shift and development of energy-efficient, attractive, and high-end-specification display products are also contributing significantly toward the display panel market’s growth.
Increasing demand for flat panel display panels with high resolution, fast response time, and better picture quality is expected to direct the display panel market toward major innovations, and subsequently significant growth. High growth opportunities can be identified in emerging use cases including smart displays, smart mirrors, smart home appliances; emerging display technologies such as micro-LED and true quantum dot; and smart wearable display segments that include AR/VR HMDs and smartwatches. Smartphone, television, and automotive segments are also expected to offer high growth opportunities. Additionally, E-paper display market has the potential to grow, wherein the E-paper displays could be used in emerging use-cases like e-papers, smartcards, notepad, and keyboards. E-paper technology has been adopted in some wearable devices and smartphones; however, the adoption of this technology in these segments has not been much effective.
Source: Press Releases, Investor Relation Presentations, Annual Reports, Expert Interviews, and MarketsandMarkets Analysis
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“Smartphones to dominate OLED display panel market, in terms of size during forecast period”
Smartphones have been dominating the display panel market, with Apple and Samsung dominating the whole smartphone segment. The growth of the display panel market for smartphones will be propelled mainly by OLED and flexible displays during the forecast period. At present, flexible OLED technology-based (highly priced) display panels are being adopted in smartphones at a high rate globally; this trend is expected to continue during the forecast period. The major factors boosting the use of OLED displays in smartphones include energy-efficiency, sunlight readability, vivid color and picture quality, and easier recyclability than LCDs.
“Micro-LED technology to witness highest CAGR during forecast period”
The market for micro-LED displays is expected to grow at the highest CAGR during the forecast period. Micro-LED is an emerging display technology and has the potential to disrupt the LCD and OLED display ecosystem. Increasing demand for brighter and more power-efficient display panels for smartwatches, mobile devices, and NTE (AR/VR) devices will be the major factors for the growth of micro-LED technology in the display panel market. Considering current manufacturing capabilities, prototype development, and the involvement of leading players— Apple, Samsung, and Sony—, micro-LED-based smartwatches and NTE devices may enter the commercial phase in 2019.
“Small-and medium-sized display panels expected to gain share in global market during forecast period”
At present, large-sized display panels are in demand for televisions, PC monitors and laptops, signage and some tablets; therefore, the large-sized display panels account for the largest market share. However, small- and medium-sized display panels are expected to gain share in the global market during the forecast period. The growth in this segment will mainly be driven by high growth of OLED display panels, especially for smartphones.
APAC to account for highest demand in display panel market during forecast period”
APAC is the leading region in terms of production and consumption of display panels. The region has witnessed significant advancements in the display device market, along with rapid changes in terms of adoption of new technologies. The huge market size in APAC is because of the rapid industrialization, as well as the presence of a large number of OEMs and many consumers in the region. Major companies such as Samsung Electronics and LG Electronics being based in South Korea, and Sony, Sharp, Panasonic, and a few others being based in Japan, contribute significantly to the display panel market’s growth in this region.
Source: Industry Experts, Secondary Research, and MarketsandMarkets Analysis
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Market Dynamics
Driver: Growing adoption of OLED displays in smartphones and high demand for flexible display panels
The global demand for high-end smartphones with large displays has contributed to the demand for OLED panels worldwide. Made from organic light-emitting materials, OLED displays do not require any backlight and filtering systems. These displays are bright, thin, and lightweight and consume less power. Samsung Display is the leading producer of small- and medium-sized AMOLED displays for smartphones and other applications. The company generated ~USD 30.47 billion in revenue in 2017, 69% of which came from OLED display panels. Samsung has used its AMOLED displays in its flagship smartphone series—Galaxy. With Apple adopting AMOLED displays in its smartphones, the growth of the market increased exponentially during 2017 and 2018. Other companies such as Motorola (Lenovo) (China), Oppo (China), Vivo (China), HTC (Taiwan), and Gionee (China) have also started implementing OLED display panels in their smartphones. Smartphones contributed for highest share in OLED display market, in terms of volume as well as value in 2018 and the trend is expected to continue till 2024.
Flexible display panels are bendable owing to the flexible substrates used to manufacture them. The flexible substrate can be plastic, metal, or flexible glass; plastic and metal panels are light, thin, and durable, and are virtually shatterproof. Companies like Samsung and LG are mass producing flexible OLED display panels for smartphones, televisions, and smartwatches. However, these displays are not exactly flexible from end-user’s perspective; manufacturers bend or curve these display panels and use them in end products. With the boost in the adoption rate of flexible display panels for smartphone and television products, would drive the flexible display panel market during the forecast period
In 2016, LG showcased a fully-foldable prototype of a full-HD flexible OLED display (1200x810 pixels) at the CES. As the technology matures, the industry may witness the emergence of OLED panels that can be folded, bent, or stretched. This will lead to innovative designs that will enable large displays to be deployed in mobile devices.
Restraint: Deployment of widescreen alternatives, such as projectors and screenless displays
The projection technology has been evolving for a long time, and its usage has increased in the last decade. Corporate presentation, academics, and many other applications utilize projection technology. The increasing adoption of interactive projectors in the education vertical and the low cost of interactive projectors, compared with interactive whiteboards, is driving the growth of the projector market.
The DLP technology dominates the projector market. DLP projectors are smaller and produce lesser noise than other projector types. The use of projectors in retail, corporate, and education sectors restrains the growth of the display panel market as projectors are a cost-effective solution compared to display panel products.
Opportunity: Emerging use cases– smart display, smart mirror, smart home appliances, holographic display
Smart displays are referred as emerging display applications where manufacturers are adding interactive and advanced control features to the display devices. This opens up new growth opportunities for display panel manufacturers, technology developers, smart home appliances solution providers, and OEMs.
Smart home displays, smart mirrors, and smart home appliances are the leading trends in the market. The success of smart speakers and positive customer feedback has led market players to develop voice-controlled smart home displays, which are next and advanced versions (with embedded display panel) of smart speakers. Availability of multiple voice assistants, implementation of AI in smart home devices, and increasing demand for IoT-enabled smart home appliances are the major factors for the growth of smart home displays.
Smart mirrors offer features such as touchscreen, motion/gesture or voice control, Wi-Fi, Bluetooth, and camera and mic. With such innovative features, smart mirrors have a wide scope in retail, automotive, smart home, healthcare, and information and communications sectors. These mirrors have been rapidly adopted in automotive and retail sectors due to the innovative features offered by them: vehicle equipped with smart mirrors ensure driving comfort and safety; smart mirrors in retail stores enhance customer experience by allowing users to virtually try clothes or products before buying.
Growing adoption of 3D holographic display in retail for advertising and marketing would propel the growth of 3D display panel market.
Smart home appliances fall under 3 major categories: entertainment, security, and control. In the entertainment category, a DTH can be integrated with IoT-enabled smart displays to change channels or play favourite episodes by using voice commands. Under the security part, an IoT infrastructure with the help of a smart display or cell phone can be used to send video extracted from a door to a user’s phone when the doorbell is ringed. Under the controlling section, appliances like refrigerators, air conditioners, and gas regulators can be controlled via a controlling device/smartphone. Smart washers, coffee makers, dryers, and dishwashers are the leading products/appliances in the smart home appliances segment, which collectively are expected to dominate the market (in terms of shipment volume) during the next 5 years. A total of 17.3 million smart home appliances were shipped in 2017; this is expected to rise to more than 55 million units by 2023. High growth of these new and emerging use cases of displays provide healthy growth opportunities for display manufacturers.
Challenge: High costs associated with new display technology-based products
LCD display panels have made a huge impact on the market in the last few years because of a consistent decrease their price. New technologies, such as OLED and QD-LCD, are more expensive than mature technologies, such as LED-LCD. Currently, the prices of LCD panels are lesser than that of OLED panels, and this is observed due to the demand for OLED displays from smartphone, smart wearable, and TV manufacturers. This is usually seen when manufacturers charge premium for a newly introduced technology, pushing prices upward that hinders the growth of that particular display technology market, thereby affecting the overall display market.
The price of LCD-based display products fell substantially in 2013, 2014, and 2015 owing to the maturity of the technology and introduction of newer display technologies such as OLED. Similarly, the price of OLED panels will also fall after this technology matures.
Report Scope
|
Report Metric |
Details |
|
Market Size Available for Years |
2015–2024 |
|
Base Year Considered |
2018 |
|
Forecast Period |
2019–2024 |
|
Forecast Units |
Million Units, Billion Units |
|
Segments Covered |
Product, Display Technology, Panel Size, Industry |
|
Regions Covered |
APAC, North America, Europe, and RoW |
|
Companies Covered |
Samsung Electronics Co. Ltd (South Korea); LG Display Co. Ltd. (South Korea); BOE Technology Group Co. Ltd (China); AU Optronics Corp. (Taiwan); Innolux Corp. (Taiwan); Japan Display Inc. (Japan); Sharp Corp. (Sharp, Foxconn) (Japan); China Star Optoelectronics Technology (CSOT, CDOT, TCL) (China); Tianma Microelectronics Co. Ltd. (China); and Truly International Holdings Ltd. (Hong Kong) |
Display Panel Market Segmentation:
In this report, the display panel market has been segmented into the following segments:
Display Panel Market, by Product:
- Smartphone
- Television
- PC Monitor & Laptop
- Large Format Display
- Automotive Display
- HUD
- Central Stack Display
- Instrument Cluster
- Tablet
- Smart Wearables
- Smartwatch
- AR HMD
- VR HMD
- Others (e-readers, gaming consoles, smart mirrors, home appliances, cameras and EVFs, photo frames, medical devices, industrial displays, and projectors)
Display Panel Market, by Technology:
- Introduction
- LCD
- LED-LCD
- QD-LCD (QDEF-LCD)
- OLED
- Micro-LED
- Direct-View LED
- Direct-View Fine-Pixel LED
- Direct-View Large-Pixel LED
- Others
- E-paper
- Digital Light Processing (DLP)
- Laser Phosphor Display (LPD)
- Projection Cube
- Liquid Crystal on Silicon (LCoS)
Display Panel Market, By Display Type:
- Flat Panel Display
- Flexible & Foldable Panel Display
- Transparent Panel Display
- 3D Display
Display Panel Market, by Panel Size:
- Microdisplays
- Small-& Medium-Sized Panels
- Large-Sized Panels
Display Market, by Resolution
- Lower than HD
- HD
- FHD
- Higher than FHD
Display Market, by Brightness
- Less than 500 Nits
- 501–1,000 Nits
- More than 1,001 Nits
Display Market, by Industry:
- Consumer
- Automotive
- Sports & Entertainment
- Transportation
- Retail, Hospitality, & BFSI
- Industrial & Enterprise
- Education
- Healthcare
- Military, Defense, and Aerospace
- Others (Telecommunications, Agriculture, and Construction)
Display Panel Market, by Geography:
- Asia Pacific (APAC)
- China
- Japan
- South Korea
- Taiwan
- Rest of APAC
- North America
- US
- Canada & Mexico
- Europe
- Germany
- UK
- France
- Rest of Europe
- Rest of the World (RoW)
Key Market Players
Key players in the market Samsung Electronics Co. Ltd. (Samsung Display, Samsung, Samsung Electronics) (South Korea); LG Display Co. Ltd. (LG Display, LG) (South Korea); BOE Technology Group Co. Ltd. (BOE Technology, BOE) (China); AU Optronics Corp. (AU Optronics, AUO) (Taiwan); Innolux Corp. (Innolux) (Taiwan); Japan Display Inc. (Japan Display, JDI) (Japan); Sharp Corp. (Sharp, Foxconn) (Japan); China Star Optoelectronics Technology (CSOT, CDOT, TCL) (China); Tianma Microelectronics Co. Ltd. (Tianma Microelectronics, Tianma) (China); and Truly International Holdings Ltd. (Truly International, Truly) (Hong Kong)
Samsung maintained its leading position in the TFT-LCD flat panel display market in the past; it has consistently introduced products with higher resolution, lower power consumption, lower cost, and higher yield rate. With the demand for OLED displays having grown rapidly in the last 3 years, the company can be seen to have captured most of the market owing to its technological expertise and quick expansion of production capabilities. The company can be seen to have captured a majority of the OLED market (90%, 2017) owing to its continued investment and technological expertise in the OLED technology domain and quick expansion of production capabilities.
Recent developments
- In August 2018, AU Optronics launched the 85-inch 8K4K bezel-less ALCD TV display, which combines bezel-less, next-generation HDR, 120Hz ultra-high refresh rate, and quantum dot wide color gamut technologies to deliver exceptional image quality and appearance.
- In August 2018, Innolux showcased the world’s first OLED watch (1.39-inch 400*400 P-OLED flexible smartwatch with LTPS process).
- In August 2018, Tianma announced the commencement of its G6 OLED production line’s operations at Wuhan, China. The production line uses LTPS substrate and has complete core process capability, such as OLED evaporation and packaging. It supports the production of rigid as well as flexible OLEDs.
- In June 2018, Samsung Electronics introduced “The Wall Professional” at the InfoComm 2018. It is a large-format indoor micro-LED display which can be extended to hundreds of inches and offers brilliant presentation quality.
Critical questions the report answers:
- What are the opportunities for display panel manufacturers?
- How much growth is expected from LCD, OLED, and micro-LED displays in the market and what would be the impact of these display technologies on different products?
- Who are the major current and potential competitors in the market, and what are their top priorities, strategies, and developments?
- What can be the potential impact of commercialization of micro-LED and True QD displays?
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TABLE OF CONTENTS
1. Introduction
1.1. Study Objectives
1.2. Definition
1.2.1. Inclusions and Exclusions
1.3. Scope of the Study
1.3.1. Markets Covered
1.3.2. Years Considered
1.4. Currency
1.5. Limitations
1.6. Stakeholders
2. Research Methodology
2.1. Research Data
2.1.1. Secondary Data
2.1.1.1. Secondary Sources
2.1.2. Primary Data
2.1.2.1. Primary Sources
2.1.2.2. Key Industry Insights
2.1.2.3. Breakdown of Primaries
2.2. Market Size Estimation
2.2.1. Bottom-Up Approach
2.2.2. Top-Down Approach
2.3. Market Breakdown and Data Triangulation
2.4. Research Assumptions
3. Executive Summary
4. Premium Insights
5. Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.2.4. Challenges
6. Industry Trends
6.1. Introduction
6.2. Value chain analysis
6.2.1. R&D
6.2.2. Manufacturing
6.2.3. Assembly and Integration
6.2.4. Input Suppliers
6.3. Emerging Display Technologies
6.3.1. Technology Comparison: LCD Vs. OLED Vs. Micro-LED
6.3.2. Commercialization Potential Impact of Micro-LED
6.3.3. Quantum Dot
6.3.3.1. Quantum Dot Enhancement Film (QCEF)
6.3.3.2. Quantum Dot Color Filter (QDCF)
6.3.3.3. True Quantum Dot
6.3.4. Display Backplane— a-Si, LTPS, IGZO
6.4. Key Trends
6.4.1. Flexible & Foldable Displays
6.4.2. Microdisplay
6.5. Emerging Use-cases
6.5.1. Smart Mirror
6.5.2. Smart Home Display (Voice-Controlled Display)
6.5.3. Smart Home Appliance Display
6.6. Connected Markets
7. Display Market, By Product
7.1. Introduction
7.2. Smartphone
7.3. Television
7.4. PC Monitor & Laptop
7.5. Large Format/Professional Display (Digital Signage)
7.6. Automotive Display
7.6.1. HUD
7.6.2. Central stack Display
7.6.3. Instrument Cluster
7.7. Tablet
7.8. Smart Wearables
7.8.1. Smart Watch
7.8.2. AR HMD
7.8.3. VR HMD
7.9. Others (includes E-Reader, Gaming Consoles, Smart Mirrors, Home Appliances, Camera & EVF, Photo Frames, Medical Devices, Industrial Displays, and Projector)
8. Display Market, By Display Technology
8.1. Introduction
8.2. LCD
8.2.1. LED-LCD
8.2.2. QD-LCD (QDEF-LCD)
8.3. OLED
8.4. Micro-LED
8.5. Direct-View LED
8.5.1. Direct-View Fine-Pixel LED
8.5.2. Direct-View Large-Pixel LED
8.6. Others
8.6.1. E-paper
8.6.2. Digital Light Processing (DLP)
8.6.3. Laser Phosphor Display (LPD)
8.6.4. Projection Cube
8.6.5. Liquid Crystal on Silicon (LCoS)
9. Display Market, By Display Type
9.1. Introduction
9.2. Flat Panel Display
9.3. Flexible & Foldable Panel Display
9.4. Transparent Panel Display
9.5. 3D Display
10. Display Market, By Panel Size
10.1. Introduction
10.2. Microdisplays
10.3. Small- & Medium-sized Panels
10.4. Large-sized Panels
11. Display Market, By Resolution
11.1. Introduction
11.2. Lower than HD
11.3. HD
11.4. FHD
11.5. Higher than FHD
12. Display Market, By Brightness
12.1. Introduction
12.2. Less than–500 Nits
12.3. 501–1,000 Nits
12.4. More than 1,0001 Nits
13. Display Market, by Industry
13.1. Introduction
13.2. Consumer
13.3. Automotive
13.4. Sports & Entertainment
13.5. Transportation
13.6. Retail, Hospitality, & BFSI
13.7. Industrial & Enterprise
13.8. Education
13.9. Healthcare
13.10. Military, Defense, and Aerospace
13.11. Others (includes Telecommunications, Agriculture, and Construction)
14. Geographic Analysis
14.1. Introduction
14.2. North America
14.2.1. US
14.2.2. Canada & Mexico
14.3. Europe
14.3.1. UK
14.3.2. Germany
14.3.3. France
14.3.4. Rest of Europe
14.4. Asia Pacific
14.4.1. China
14.4.2. Japan
14.4.3. Taiwan
14.4.4. South Korea
14.4.5. Rest of APAC
14.5. Rest of the World (RoW)
15. Competitive Landscape
15.1. Overview
15.2. Player Share Analysis: Display Market
15.3. Competitive Leadership Mapping
15.3.1. Visionary Leaders
15.3.2. Dynamic Differentiators
15.3.3. Innovators
15.3.4. Emerging Companies
15.4. Competitive Benchmarking: Display Market
15.4.1. Strength of Product Portfolio
15.4.2. Business Strategy Excellence
15.5. Competitive Situations and Trends
15.5.1. Product Launches and Developments
15.5.2. Expansion
15.5.3. Agreements, Partnerships, Collaborations, & Joint Ventures
15.5.4. Mergers & Acquisitions
16. Company Profiles
16.1. Introduction
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
16.2. Key Players
16.2.1. Samsung Electronics
16.2.2. LG Display
16.2.3. BOE Technology
16.2.4. AU Optronics
16.2.5. Innolux Corporation
16.2.6. Japan Display (JDI)
16.2.7. SHARP (Foxconn)
16.2.8. China Star Optoelectronics Technology (CSOT) (CDOT) (TCL)
16.2.9. Tianma Microelectronics
16.2.10. Truly International
16.3. Other Key Players
16.3.1. Chunghwa Picture Tubes (CPT) (Tatung)
16.3.2. HannStar Display
16.3.3. CEC Panda
16.3.4. BOE Varitronix
16.3.5. eMagin Corporation
16.3.6. Kopin Corporation
16.4. Key Innovators
16.4.1. Apple (Luxvue)
16.4.2. Sony
16.4.3. E Ink Holdings
16.4.4. Universal Display Corp. (UDC)
16.4.5. JOLED
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
17. Appendix
17.1. Discussion Guide
17.2. Knowledge Store: Marketsandmarkets’ Subscription Portal
17.3. Available Customizations
17.4. Related Reports
17.5. Author Details
LIST OF TABLES (101 Tables)
Table 1 LCD AND OLED FAB CONSTRUCTION ROADMAP IN CHINA
Table 2 DISPLAY TECHNOLOGY COMPARISON
Table 3 MICRODISPLAY TECHNOLOGY COMPARISON
Table 4 LEADING PLAYERS AND RESPECTIVE VOICE-CONTROLLED SMART DISPLAY DEVICES, 2018
Table 5 DISPLAY PANEL MARKET, BY PRODUCT, 2017–2025(USD BILLION)
Table 6 SMARTPHONE DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 7 SMARTPHONE DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 8 TELEVISION DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 9 TELEVISION DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table10 PC MONITOR & LAPTOP DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 11 PC MONITOR & LAPTOP DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 12 LARGE FORMAT DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 13 LARGE FORMAT DISPLAY PANEL MARKET, BY INDUSTRY, 2017–2025(USD MILLION)
Table 14 LARGE FORMAT DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 15 AUTOMOTIVE DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 16 AUTOMOTIVE DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 17 AUTOMOTIVE DISPLAY PANEL MARKET, BY DISPLAY TYPE, 2017–2025(USD BILLION)
Table 18 AUTOMOTIVE HUD PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 19 AUTOMOTIVE CENTRAL STACK DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 20 AUTOMOTIVE INSTRUMENT CLUSTER DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 21 TABLET DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 22 TABLET DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 23 SMART WEARABLE DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 24 SMART WERABLES DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD MILLION)
Table 25 SMART WEARABLES DISPLAY PANEL MARKET, BY WEARABLE TYPE, 2017–2025(USD MILLION)
Table 26 SMARTWATCH DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 27 AR HMD DISPLAY PANEL MARKET, BY DISPLAY TCHNOLOGY 2017–2025(USD MILLION)
Table 28 AR HMD DISPLAY PANEL MARKET, BY INDUSTRY, 2017–2025(USD MILLION)
Table 29 VR HMD DISPLAY PANEL MARKET, BY DISPLAY TYPE, 2015 –2024 (USD MILLION)
Table 30 DIRECT-VIEW DISPLAY PANEL MARKET FOR VR HMD, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 31 MICRODISPLAY PANEL MARKET FOR VR HMD, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 32 DISPLAY PANEL MARKET FOR OTHER PRODUCTS, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 33 DISPLAY PANEL MARKET FOR OTHER PRODUCTS, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 34 DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 35 LCD DISPLAY PANEL MARKET, BY PRODUCT, 2017–2025(MILLION UNITS)
Table 36 LCD DISPLAY PANEL MARKET, BY PRODUCT, 2017–2025(USD BILLION)
Table 37 LCD DISPLAY PANEL MARKET, BY SMART WEARABLES, 2017–2025(USD MILLION)
Table 38 LCD DISPLAY PANEL MARKET, BY PANEL SIZE, 2017–2025(USD BILLION)
Table 39 LCD DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 40 OLED DISPLAY PANEL MARKET, BY PRODUCT, 2017–2025(USD BILLION)
Table 41 OLED DISPLAY PANEL MARKET, BY SMART WEARABLES, 2017–2025(USD MILLION)
Table 42 OLED DISPLAY PANEL MARKET, BY PANEL SIZE, 2017–2025(USD BILLION)
Table 43 OLED DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 44 OLED DISPLAY PANEL MARKET, BY PANEL TYPE, 2017–2025(USD BILLION)
Table 45 MICRO-LED DISPLAY PANEL MARKET, BY PRODUCT, 2017–2025(MILLION UNITS)
Table 46 MICRO-LED DISPLAY PANEL MARKET, BY PRODUCT, 2017–2025(USD BILLION)
Table 47 MICRO-LED DISPLAY PANEL MARKET, BY SMART WEARABLES, 2017–2025(USD MILLION)
Table 48 MICRO-LED DISPLAY PANEL MARKET, BY PANEL SIZE, 2017–2025(USD BILLION)
Table 49 MICRO-LED DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 50 DIRECT-VIEW LED DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 51 DISPLAY PANEL MARKET FOR OTHER TECHNOLOGIES, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 52 DISPLAY PANEL MARKET, BY DISPLAY TYPE, 2017–2025(USD BILLION)
Table 53 FLAT DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 54 FLEXIBLE & FOLDABLE DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 55 TRANSPARENT DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 56 3D DISPLAY PANEL MARKET, BY GEOGRAPHY, 2017–2025(USD BILLION)
Table 57 DISPLAY PANEL MARKET, BY PANEL SIZE, 2017–2025(USD BILLION)
Table 58 MICRODISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 59 SMALL- & MEDIUM-SIZED DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 60 LARGE-SIZED DISPLAY PANEL MARKET, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 61 DISPLAY PANEL MARKET, BY RESOLUTION, 2017–2025(USD BILLION)
Table 62 DISPLAY PANEL MARKET, BY BRIGHTNESS, 2017–2025(USD BILLION)
Table 63 DISPLAY PANEL MARKET, BY INDUSTRY, 2017–2025(USD BILLION)
Table 64 DISPLAY PANEL MARKET, BY REGION, 2017–2025(USD BILLION)
Table 65 DISPLAY PANEL MARKET IN APAC, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 66 DISPLAY PANEL MARKET IN APAC, BY PRODUCT, 2017–2025(USD BILLION)
Table 67 DISPLAY PANEL MARKET IN APAC, BY COUNTRY, 2017–2025(USD BILLION)
Table 68 DISPLAY PANEL MARKET IN SOUTH KOREA, BY PRODUCT, 2017–2025(USD MILLION)
Table 69 DISPLAY PANEL MARKET IN CHINA, BY PRODUCT, 2017–2025(USD MILLION)
Table 70 DISPLAY PANEL MARKET IN JAPAN, BY PRODUCT, 2017–2025(USD MILLION)
Table 71 DISPLAY PANEL MARKET IN TAIWAN, BY PRODUCT, 2017–2025(USD MILLION)
Table 72 DISPLAY PANEL MARKET IN SOUTH KOREA, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 73 DISPLAY PANEL MARKET IN CHINA, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 74 DISPLAY PANEL MARKET IN JAPAN, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 75 DISPLAY PANEL MARKET IN TAIWAN, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 76 DISPLAY PANEL MARKET IN APAC, BY DISPLAY TYPE, 2017–2025(USD BILLION)
Table 77 DISPLAY PANEL MARKET IN NORTH AMERICA, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 78 DISPLAY PANEL MARKET IN NORTH AMERICA, BY PRODUCT, 2017–2025(USD BILLION)
Table 79 DISPLAY PANEL MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025(USD BILLION)
Table 80 DISPLAY PANEL MARKET IN US, BY PRODUCT, 2017–2025(USD MILLION)
Table 81 DISPLAY PANEL MARKET IN CANADA & MEXICO, BY PRODUCT, 2017–2025(USD MILLION)
Table 82 DISPLAY PABEL MARKET IN US, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 83 DISPLAY PABEL MARKET IN CANADA & MEXICO, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 84 DISPLAY PANEL MARKET IN NORTH AMERICA, BY DISPLAY TYPE, 2017–2025(USD BILLION)
Table 86 DISPLAY PANEL MARKET IN EUROPE, BY DISPLAY TECHNOLOGY, 2017–2025(USD BILLION)
Table 87 DISPLAY PANEL MARKET IN EUROPE, BY PRODUCT, 2017–2025(USD BILLION)
Table 88 DISPLAY PANEL MARKET IN EUROPE, BY COUNTRY, 2017–2025(USD BILLION)
Table 89 DISPLAY PANEL MARKET IN EUROPE, BY DISPLAY TYPE, 2017–2025(USD BILLION)
Table 90 DISPLAY PANEL MARKET IN GERMANY, BY PRODUCT, 2017–2025(USD MILLION)
Table 91 DISPLAY PANEL MARKET IN FRANCE, BY PRODUCT, 2017–2025(USD MILLION)
Table 92 DISPLAY PANEL MARKET IN UK, BY PRODUCT, 2017–2025(USD MILLION)
Table 93 DISPLAY PANEL MARKET IN GERMANY, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 94 DISPLAY PANEL MARKET IN FRANCE, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 95 DISPLAY PANEL MARKET IN UK, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 96 DISPLAY PANEL MARKET IN ROW, BY DISPLAY TECHNOLOGY, 2017–2025(USD MILLION)
Table 97 DISPLAY PANEL MARKET IN ROW, BY PRODUCT, 2017–2025(USD MILLION)
Table 98 DISPLAY PANEL MARKET IN ROW, BY DISPLAY TYPE, 2017–2025(USD BILLION)
Table 99 RANKING OF KEY COMPANIES IN DISPLAY PANEL MARKET (2017)
Table 100 AGREEMENTS, PARTNERSHIPS, COLLABORATIONS, AND CONTRACTS (2017-2019)
Table 101 EXPANSIONS
The study involved 4 major activities for estimating the size of the display panel market. Exhaustive secondary research was done to collect information on the market, including its peer markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. Secondary sources include corporate filings (such as annual reports, press releases, investor presentations, and financial statements); trade, business, and professional associations (such as Consumer Technology Association (CES), Integrated Systems Europe, Camera & Imaging Products Association (CIPA)); white papers, display-based–marketing-related journals, certified publications, and articles from recognized authors; gold and silver standard websites; directories; and databases.
Secondary research has been conducted to obtain key information about the industry’s supply chain, market’s monetary chain, the total pool of key players, and market segmentation according to industry trends to the bottom-most level, geographic markets, and key developments from both market- and technology-oriented perspectives. The secondary data has been collected and analyzed to arrive at the overall market size, which has further been validated by primary research.
Primary Research
In the primary research process, various primary sources from the supply and demand sides have been interviewed to obtain the qualitative and quantitative information relevant to this report. Primary sources from the supply side include key industry participants, subject matter experts (SMEs), C-level executives of key companies, and consultants from various key companies and organizations operating in the display panel market.
After the complete market engineering (including calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research has been conducted to verify and validate critical market numbers.
Primary research has also been conducted to identify segmentation types and key players, as well as analyze the competitive landscape, key market dynamics (drivers, restraints, opportunities, and challenges), and major growth strategies adopted by market players. During market engineering, both top-down and bottom-up approaches have been extensively used, along with several data triangulation methods, to estimate and forecast the market, including the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analyses have been performed during the complete market engineering process to list the key information/insights throughout the report.
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Market Size Estimation
In the market engineering process, both top-down and bottom-up approaches, along with several data triangulation methods, have been used to estimate and validate the size of the overall market and other dependent submarkets listed in this report. Extensive qualitative and quantitative analyses have been performed during market engineering to list key information/insights.
Major players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. This involved studying the annual and financial reports of top market players, and interviews with industry experts (such as CEOs, vice presidents, directors, and marketing executives) for key insights both quantitative and qualitative.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.
Data Triangulation
After arriving at the overall market size through the process explained above, the total market has been split into several segments. To complete the overall market engineering process and arrive at the exact statistics for all the segments, the market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Study Objectives
- To define, estimate, and forecast the display panel market, in terms of value, segmented on the basis of product, display technology, panel size, and industry
- To estimate and forecast the market size, in terms of value, for various segments with regard to 4 main regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To estimate and forecast the display panel market, in terms of volume, segmented on the basis of product and display technology.
- To analyze the emerging applications/use-cases and emerging display technologies in display panel market
- To analyze panel manufacturers, their production capabilities, new production fab construction plans, and impacting factors in display panel market
- To analyze the display ecosystem/supply chain comprising of material & component supplier, driver IC supplier, manufacturing equipment supplier, panel manufacturer, and brand product manufacturers
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
- To analyze market opportunities for stakeholders and provide details of the competitive landscape of key players
- To analyze competitive developments such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, and product launches and developments in the market
- To strategically profile the key players and comprehensively analyze their market shares and core competencies, along with detailing the competitive landscape for the market leaders
Available Customization
With the given market data, MarketsandMarkets offers customizations according to companies’ specific needs. The following customization options are available for the report.
- Detailed analysis and profiling of additional market players (up to 5)
- Company-product-technology-specifications mapping analysis
- Detailed analysis of the impact of micro-LED display technology on the global display panel market
- Detailed analysis of major contracts/funding/other relevant activities in the market
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Display Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Display Market