Global Flat Panel Display market is set for rapid growth and is anticipated to reach around USD 207.68 Billion by 2032

Zion Market Research has published a new report titled “Flat Panel Display Market by Technology (OLED, LCD, PDP), By Display Size (<10 Inches, 10-20 Inches, 20-30 Inches, 30-40 Inches, >40 Inches), and by End-users (Consumer Electronics, Healthcare, Automotive, Education, and Others), and by Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032..” According to the report, the market for the Flat Panel Display Market was valued at USD 142.77 Billion in 2023 and is projected to hit USD 207.68 Billion by 2032, with a compound annual growth rate (CAGR) of 3.8% during the forecast period 2024-2032.

Browse the full “Global Flat Panel Display Market by Technology (OLED, LCD, PDP), By Display Size(<10 inches, 10-20 inches, 20-30 inches, 30-40 inches, >40 inches), by End-users (Consumer Electronics, Healthcare, Automotive, Education, and Others), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032..” Report at https://www.zionmarketresearch.com/report/flat-panel-display-market

The flat-panel display is basically an electronic viewing technology that is used in various electronic equipment like consumer electronics, televisions, mobile devices, and also in many types of medical equipment to see their contents. It is an advanced version of electronic applications, and also they are lighter and portable.

The market for flat panel display is expected to witness growth in the anticipated period. The increase in the adoption of advanced technology like OLED over LCD is driving the growth of this market. However, the increase in the use of the smartphone, laptops, consumer electronics products and applicability in video games these days is a major factor for the growth of flat panel display market. Also, flat panel displays are thin, lightweight and use low power consumption as compared to conventional televisions and this is driving the growth of the flat panel display market. Furthermore, flat panel display manufacturers are in the process of producing energy-saving devices mostly in wearable devices and this can drive the growth of the market in the forecast period. But, the high manufacturing cost of flat display technologies, lack of adaptability across the globe, and the lack of financial support to the companies manufacturing flat panels this market can be hampered.

The market for flat panel display is segmented on the basis of technology, display size, and end-users. On the basis of technology, the market is bifurcated into OLED, LCD, and PDP. OLED’s are anticipated to have substantial growth in the forecast timeframe as OLED’s are more preferred because of its lightweight, and flexibility over LCD systems. Also, the stable performance of OLED in sunlight is an added advantage. Further, on the basis of display size, the market is segmented as <10 inches, 10-20 inches, 20-30 inches, 30-40 inches, and >40 inches. Lastly, on the basis of end-users, it is bifurcated as consumer electronics, healthcare, automotive, education, and others. Consumer electronics is the significant end-user segment with substantial market share as the use of flat panel displays is increasing in television, mobile devices, medical devices etc.

On the basis of region, the Asia Pacific region is expected to have a substantial growth in the flat panel display market during the forecast period. The growth in the region is due to the increase in the adoption of technology in the business and educational sectors, and also the adoption ratio of consumer electronics is high in the Asia Pacific region.

Major market players of the flat panel display market are Display Co, Sony Corporation, Sharp Corporation, Samsung Electronics Co. Ltd, Japan Display Inc., Panasonic Corporation, influx Corporation, Applied Materials, AU Optronics Corporation, Universal Display Corporation, and Tokyo Electron among others.

The report segments the flat panel display market as follows:

Global Flat Panel Display Market: Technology Segment Analysis

• OLED
• LCD
• PDP

Global Flat Panel Display Market: Display Size Segment Analysis

• <10 inches
•  10-20 inches
•  20-30 inches
•  30-40 inches
•  >40 inches

Global Flat Panel Display Market: End Users Segment Analysis

• Consumer Electronics
• Healthcare
• Automotive
• Education
• Others

Global Flat Panel Display Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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