Global Market Study on Display Device: APEJ to Lead the Global Market in Terms of Revenue during 2017 - 2026


Display Device Market
  • Published On : Dec-2017 |
  • Pages : 170 Pages |
  • Format :

Global Display Device Market: Overview

Flat-panel display technology is gaining traction not only in entertainment, home or office but also in smartphones, multimedia devices, and other consumer electronics. With the emergence of advanced technology, Organic Light Emitting Diode (OLED) technology is extending beyond mobile device as various TV brands are coming up with the OLED display. Display designers are also focusing on device’s display shape other than rectangular, unique designs including curved, circular, ultrathin, etc.  

Emerging technologies such as virtual reality, augmented reality, Internet of Things, and artificial intelligence is leading towards the development of new display that can bend, flex for use in smart appliances and autonomous vehicles. 3D display technology is being increasingly adopted in various fields including video, gaming, education, and defense. However, the high cost of these display technology and lack of content for these new technologies are some of the biggest challenges.

Global Display Device Market: Research Methodology

The report on the global display device market offers in-depth analysis of various trends and drivers based on primary and secondary research. The report also provides key insights on the data for various segments and regions in the global display device market. The report offers both quantitative and qualitative analysis on the basis of expert views, this is done in order to derive at an estimated growth in the market. The report also provides in-depth information on the revenue generated in the past and the expected revenue for the forecast period 2017-2026.

The market size in the report is based on the growth in terms of volume and value during the forecast period. The report also provides a detailed information on market dynamics which consists of the key trends, drivers, restraints, and opportunities that will have an impact on the growth of the global display device market.

The report also consists of Porter’s five force analysis, SWOT analysis along with the market attractiveness analysis. New developments and upcoming technologies that can revolutionize the market in coming years are also provided in the report. This information can help business in decision making and to come up with new strategies. The description of the impact of various factors on the market growth has been provided in the report. The global display device market report consists estimated numbers in terms of Year-on-Year growth, revenue, CAGR in percent form, and of each segment given in the report and region-wise analysis can help organizations in identifying right business opportunities.

Global Display Device Market: Segmentation

Region

Display Type

Applications

End-User

North America

LCD

TV

Residential

Latin America

LED

Mobile Phones

Large Enterprises

Europe

OLED

Monitors

Small Medium Enterprises

Japan

AMOLED

Tablet

APEJ

Others (Electronic Paper, Laser TV, etc.)

Mobile PC

MEA

Automotive

Others

The global display device market is segmented on the basis of display type, applications, end-user, and region. On the basis of display type, the market segmentation consists of LCD, LED, OLED, AMOLED, and others (electronic paper, laser TV, etc.). On the basis of applications, the market is segmented into TV, mobile phones, monitors, tablet, mobile PC, automotive, and others. On the basis of end-user, the segmentation includes residential, large enterprises, and small medium enterprises.

Region-wise, the market is segmented on the basis of North America, Latin America, Asia Pacific Excluding Japan (APEJ), Europe, Japan, and the Middle East and Africa. The detailed analysis of each segment and region is provided in the report along with estimated market size and revenue size. 

The display is commonly associated with the output device that offers an information in the visual form. Next-generation display technologies are gaining popularity among both the manufacturers and the customers. Latest display technologies such as OLED, SED, laser TV, MEMS display, FLD, LPD, etc., are being focused on by manufacturers to offer better visual with high-resolution. Micro LED is also an emerging technology in the flat panel display. Manufacturers of smartphones and smart watches are constantly focusing on including micro LED technology. Some of the factors contributing towards the growth of micro LED technology is increasing demand for brighter and power-efficient display panels. However, the high cost of micro LED is the biggest challenge.

Key players in the market are already working on producing high-resolution glass-free 3D TVs in the market. The biggest benefit of the glass-free 3D display is that it eliminates the need to wear glasses. Moreover, with the increase in the amount of content being viewed on small screen, smartphone and tablet manufacturers are also moving towards integrating glass-free 3D display. However, the cost of these technologies is the biggest factor hampering the market growth. Hence, key players are focusing on research and development activities for establishing new display technology that can offer better image quality with high resolution at lower cost.

display device market

LED Display to Witness Strong Growth in the Global Market for Display Device

LED display is likely to gain more than one-third of the revenue share by 2017 end. LED has a wide range of colors, it can also re-produce palette of colors at an unmatchable refresh rate. LED displays are also largely used in posters and store signs as it needs no extra protection, moreover, it is dustproof, waterproof and is bright enough to be seen under direct sunlight. It also offers bright image quality by enriching range of colors and enhancing the contrast colors.

TV to Gain Maximum Revenue Share in Terms of Application

TV is likely to witness strong growth, exceeding US$ 157,100 million revenue by 2026 end. Increasing number of companies are introducing high-end TVs made using advanced display technology. Some of these technologies include LCD, LED, OLED, etc. OLED televisions are being focused on by the manufacturers as it uses the material that glows when electric current is introduced. This new material also helps in reducing the thickness and weight of the TV. Moreover, OLED TVs are also more energy-efficient.

Residential to Emerge as the Largest Users of Display Devices

Residential is likely to gain nearly half of the revenue share by 2017 end. With the technological advancements, there has been an increase in demand for electronic product such as television, smartphones, laptops, tablets, and smart watches. Hence, companies are also moving towards introducing power efficient and brighter displays. Micro display technology is also gaining traction with production of small size devices, consuming less energy.

APEJ to Remain Dominant in the Global Market for Display Device

APEJ is likely to emerge as one of the biggest markets in the global display devices market. Growth in industrialization and increasing number of tech giants investing in the region due to the availability of manufacturing resources at a low-cost are some of the factors contributing to the growth of display devices in APEJ region. Moreover, rise in the sales of high-definition televisions and smart television in recent years is also driving the market growth in APEJ. North America is also likely to witness impressive growth during 2017-2026. Presence of key players and introduction of innovative technologies are some of the factors fueling display device market growth in North America. Meanwhile, demand for display devices in electronics, automotive and healthcare sector is likely to remain strong in the region.

Competition Tracking

Apple, Samsung, Panasonic, LG, Toshiba, Hiesense, Sony, TCL Corporation, Sharp, and Skyworth are some of the key market players in the global market for display device. 

Company Profiles

  • Samsung Display Co., Ltd.
  • LG Display Co., Ltd.
  • Panasonic Corporation
  • Toshiba Corporation
  • Sony Corporation
  • HISENSE ELECTRIC CO.,LTD.
  • BenQ Corporation
  • TCL Corporation
  • Skyworth Electronics Pvt. Ltd.
  • Others.
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