The global display market was valued at $124.14 billion in 2022, and is projected to reach $243.98 billion by 2032, registering a CAGR of 7.06% from 2023 to 2032.
A display refers to an electronic device that presents visual information generated by a computer or other electronic device. It encompasses a wide range of technologies including LCD (Liquid Crystal Display), OLED (Organic Light-Emitting Diode), LED (Light-Emitting Diode), and others, utilized in various applications such as televisions, computer monitors, smartphones, tablets, and automotive dashboards.
In recent years, the display industry has witnessed several notable trends. One significant trend is the increasing demand for displays in developing regions, propelled by the rising popularity of touch-based devices and the integration of electronic components into automobiles. Additionally, there's a growing emphasis on innovative display technologies, such as flexible displays, which offer new possibilities for device design and user experience enhancement.
The rise of OLED displays in smartphones, coupled with substantial government funding for the development of new OLED and LCD panel production facilities, stands as a primary driver expected to propel market growth. Additionally, factors such as the increasing demand for 4K and 8K displays, driven by the availability of UHD content, and the deployment of advanced display systems in automotive vehicles further contribute to market expansion.
Despite significant advancements in display technology, several challenges continue to hinder market growth, particularly the logistical and technical difficulties associated with replacing large-sized displays such as projectors and screen-less displays. These challenges include high costs, complex installation processes, and the need for specialized maintenance, which can be cumbersome for both businesses and consumers.
However, emerging applications like holographic displays offer immersive experiences in entertainment, advertising, and education, driving demand for innovative display technologies. Smart mirrors equipped with integrated displays serve as interactive hubs for personalized grooming routines, virtual try-on experiences, and health monitoring, creating new avenues for customer engagement in retail and beauty industries. Moreover, the integration of displays into smart home appliances enhances convenience and connectivity, allowing users to monitor and control their devices remotely. These advancements not only enhance user experiences but also create opportunities for market development by catering to evolving consumer preferences for seamless integration of technology into daily life.
Acknowledging the potential in the automotive sector, LG Display, for instance, has announced plans to manufacture a head-up display system tailored for cars. This portable, transparent, and flexible display system promises diverse functionalities, reflecting the industry's efforts to meet evolving consumer needs.
The display market is segmented on the basis of display type, technology, application, industry vertical, and region. By display type, the market is divided into flat panel display, flexible panel display, and transparent panel display. By technology, it is classified into OLED, quantum dots, LED, electronic paper, LCD, and others. By application, it is categorized into smartphones & tablets, smart wearables, televisions & digital signage, PCs & laptops, vehicle display, and others. By industry vertical, the market is segregated into healthcare, consumer electronics, retail, BFSI, military & defense, transportation, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAME.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the display market analysis from 2022 to 2032 to identify the prevailing display market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the display market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global display market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Product Benchmarking / Product specification and applications
- Product Life Cycles
- Supply Chain Analysis & Vendor Margins
- Upcoming/New Entrant by Regions
- Market share analysis of players by products/segments
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- Market share analysis of players at global/region/country level
- SWOT Analysis
- Volume Market Size and Forecast
Key Market Segments
By Display Type
- Flexible Panel Display
- Transparent Panel Display
- Flat Panel Display
By Technology
- OLED
- Quantum DOT
- LED
- LCD
- E-Paper
- Others
By Application
- Smartphone and Tablet
- Smart Wearable
- Television and Digital Signage
- PC and Laptop
- Vehicle Display
- Others
By Industry Vertical
- Healthcare
- Consumer Electronics
- BFSI
- Retail
- Military and Defense
- Automotive
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Leyard Optoelectronic Co., Ltd
- Panasonic Corporation
- LG Display Co Ltd
- Sony Corporation
- Sharp Corporation
- Japan Display Inc
- Samsung Electronics Co Ltd
- AUO Corporation
- Innolux Corporation
- NEC CORPORATION
- BOE Technology Group Co., Ltd.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. High intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. High demand for flexible display technology in consumer electronics devices
- 3.4.1.2. Surge in adoption of LED displays for digital signage, TVs, and video wall applications
- 3.4.1.3. Rise in trend of touch-based devices
- 3.4.1.4. Demand for the digitized promotion
- 3.4.2. Restraints
- 3.4.2.1. High cost of the transparent and quantum DOT display technologies
- 3.4.2.2. Drastic shift toward online advertisement and shopping hamper the growth of displays in retail sector
- 3.4.3. Opportunities
- 3.4.3.1. Growth in adoption of AR/VR devices and commercialization of autonomous vehicles
- 3.4.3.2. Micro-LED and mini-LED technology are set to expand the display industry
CHAPTER 4: DISPLAY MARKET, BY DISPLAY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Flat Panel Display
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Flexible Panel Display
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Transparent Panel Display
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
CHAPTER 5: DISPLAY MARKET, BY TECHNOLOGY
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. OLED
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Quantum DOT
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. LED
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. LCD
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. E-Paper
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
- 5.7. Others
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country
CHAPTER 6: DISPLAY MARKET, BY APPLICATION
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Smartphone and Tablet
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Smart Wearable
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Television and Digital Signage
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. PC and Laptop
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
- 6.6. Vehicle Display
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country
- 6.7. Others
- 6.7.1. Key market trends, growth factors and opportunities
- 6.7.2. Market size and forecast, by region
- 6.7.3. Market share analysis by country
CHAPTER 7: DISPLAY MARKET, BY INDUSTRY VERTICAL
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Healthcare
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Consumer Electronics
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. BFSI
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
- 7.5. Retail
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by region
- 7.5.3. Market share analysis by country
- 7.6. Military and Defense
- 7.6.1. Key market trends, growth factors and opportunities
- 7.6.2. Market size and forecast, by region
- 7.6.3. Market share analysis by country
- 7.7. Automotive
- 7.7.1. Key market trends, growth factors and opportunities
- 7.7.2. Market size and forecast, by region
- 7.7.3. Market share analysis by country
- 7.8. Others
- 7.8.1. Key market trends, growth factors and opportunities
- 7.8.2. Market size and forecast, by region
- 7.8.3. Market share analysis by country
CHAPTER 8: DISPLAY MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Display Type
- 8.2.3. Market size and forecast, by Technology
- 8.2.4. Market size and forecast, by Application
- 8.2.5. Market size and forecast, by Industry Vertical
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Market size and forecast, by Display Type
- 8.2.6.1.2. Market size and forecast, by Technology
- 8.2.6.1.3. Market size and forecast, by Application
- 8.2.6.1.4. Market size and forecast, by Industry Vertical
- 8.2.6.2. Canada
- 8.2.6.2.1. Market size and forecast, by Display Type
- 8.2.6.2.2. Market size and forecast, by Technology
- 8.2.6.2.3. Market size and forecast, by Application
- 8.2.6.2.4. Market size and forecast, by Industry Vertical
- 8.2.6.3. Mexico
- 8.2.6.3.1. Market size and forecast, by Display Type
- 8.2.6.3.2. Market size and forecast, by Technology
- 8.2.6.3.3. Market size and forecast, by Application
- 8.2.6.3.4. Market size and forecast, by Industry Vertical
- 8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Display Type
- 8.3.3. Market size and forecast, by Technology
- 8.3.4. Market size and forecast, by Application
- 8.3.5. Market size and forecast, by Industry Vertical
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. UK
- 8.3.6.1.1. Market size and forecast, by Display Type
- 8.3.6.1.2. Market size and forecast, by Technology
- 8.3.6.1.3. Market size and forecast, by Application
- 8.3.6.1.4. Market size and forecast, by Industry Vertical
- 8.3.6.2. Germany
- 8.3.6.2.1. Market size and forecast, by Display Type
- 8.3.6.2.2. Market size and forecast, by Technology
- 8.3.6.2.3. Market size and forecast, by Application
- 8.3.6.2.4. Market size and forecast, by Industry Vertical
- 8.3.6.3. France
- 8.3.6.3.1. Market size and forecast, by Display Type
- 8.3.6.3.2. Market size and forecast, by Technology
- 8.3.6.3.3. Market size and forecast, by Application
- 8.3.6.3.4. Market size and forecast, by Industry Vertical
- 8.3.6.4. Italy
- 8.3.6.4.1. Market size and forecast, by Display Type
- 8.3.6.4.2. Market size and forecast, by Technology
- 8.3.6.4.3. Market size and forecast, by Application
- 8.3.6.4.4. Market size and forecast, by Industry Vertical
- 8.3.6.5. Rest of Europe
- 8.3.6.5.1. Market size and forecast, by Display Type
- 8.3.6.5.2. Market size and forecast, by Technology
- 8.3.6.5.3. Market size and forecast, by Application
- 8.3.6.5.4. Market size and forecast, by Industry Vertical
- 8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Display Type
- 8.4.3. Market size and forecast, by Technology
- 8.4.4. Market size and forecast, by Application
- 8.4.5. Market size and forecast, by Industry Vertical
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Market size and forecast, by Display Type
- 8.4.6.1.2. Market size and forecast, by Technology
- 8.4.6.1.3. Market size and forecast, by Application
- 8.4.6.1.4. Market size and forecast, by Industry Vertical
- 8.4.6.2. Japan
- 8.4.6.2.1. Market size and forecast, by Display Type
- 8.4.6.2.2. Market size and forecast, by Technology
- 8.4.6.2.3. Market size and forecast, by Application
- 8.4.6.2.4. Market size and forecast, by Industry Vertical
- 8.4.6.3. India
- 8.4.6.3.1. Market size and forecast, by Display Type
- 8.4.6.3.2. Market size and forecast, by Technology
- 8.4.6.3.3. Market size and forecast, by Application
- 8.4.6.3.4. Market size and forecast, by Industry Vertical
- 8.4.6.4. Australia
- 8.4.6.4.1. Market size and forecast, by Display Type
- 8.4.6.4.2. Market size and forecast, by Technology
- 8.4.6.4.3. Market size and forecast, by Application
- 8.4.6.4.4. Market size and forecast, by Industry Vertical
- 8.4.6.5. Rest of Asia-Pacific
- 8.4.6.5.1. Market size and forecast, by Display Type
- 8.4.6.5.2. Market size and forecast, by Technology
- 8.4.6.5.3. Market size and forecast, by Application
- 8.4.6.5.4. Market size and forecast, by Industry Vertical
- 8.5. LAMEA
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Display Type
- 8.5.3. Market size and forecast, by Technology
- 8.5.4. Market size and forecast, by Application
- 8.5.5. Market size and forecast, by Industry Vertical
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Latin America
- 8.5.6.1.1. Market size and forecast, by Display Type
- 8.5.6.1.2. Market size and forecast, by Technology
- 8.5.6.1.3. Market size and forecast, by Application
- 8.5.6.1.4. Market size and forecast, by Industry Vertical
- 8.5.6.2. Middle East
- 8.5.6.2.1. Market size and forecast, by Display Type
- 8.5.6.2.2. Market size and forecast, by Technology
- 8.5.6.2.3. Market size and forecast, by Application
- 8.5.6.2.4. Market size and forecast, by Industry Vertical
- 8.5.6.3. Africa
- 8.5.6.3.1. Market size and forecast, by Display Type
- 8.5.6.3.2. Market size and forecast, by Technology
- 8.5.6.3.3. Market size and forecast, by Application
- 8.5.6.3.4. Market size and forecast, by Industry Vertical
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product mapping of top 10 player
- 9.4. Competitive dashboard
- 9.5. Competitive heatmap
- 9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
- 10.1. AUO Corporation
- 10.1.1. Company overview
- 10.1.2. Key executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Business performance
- 10.1.7. Key strategic moves and developments
- 10.2. LG Display Co Ltd
- 10.2.1. Company overview
- 10.2.2. Key executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
- 10.2.7. Key strategic moves and developments
- 10.3. NEC CORPORATION
- 10.3.1. Company overview
- 10.3.2. Key executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.3.7. Key strategic moves and developments
- 10.4. Innolux Corporation
- 10.4.1. Company overview
- 10.4.2. Key executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.4.6. Business performance
- 10.4.7. Key strategic moves and developments
- 10.5. Leyard Optoelectronic Co., Ltd
- 10.5.1. Company overview
- 10.5.2. Key executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.6. Samsung Electronics Co Ltd
- 10.6.1. Company overview
- 10.6.2. Key executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.6.7. Key strategic moves and developments
- 10.7. Sharp Corporation
- 10.7.1. Company overview
- 10.7.2. Key executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.7.7. Key strategic moves and developments
- 10.8. Japan Display Inc
- 10.8.1. Company overview
- 10.8.2. Key executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Key strategic moves and developments
- 10.9. Sony Corporation
- 10.9.1. Company overview
- 10.9.2. Key executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Business performance
- 10.9.7. Key strategic moves and developments
- 10.10. Panasonic Corporation
- 10.10.1. Company overview
- 10.10.2. Key executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio
- 10.10.6. Business performance
- 10.10.7. Key strategic moves and developments
- 10.11. BOE Technology Group Co., Ltd.
- 10.11.1. Company overview
- 10.11.2. Key executives
- 10.11.3. Company snapshot
- 10.11.4. Operating business segments
- 10.11.5. Product portfolio
- 10.11.6. Business performance
- 10.11.7. Key strategic moves and developments