Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 142.77 Billion | USD 207.68 Billion | 3.8% | 2023 |
According to a report from Zion Market Research, the global 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.
This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Flat Panel Display industry over the next decade.
Growing consumption of consumer electronics, high technological advancements, decreasing display prices, and surge in demand through various applications including videogames and entertainment industry are the major factors driving growth of the global flat panel displays market during the forecast period. In addition, growing demand for vehicle display technologies in automotive sector is also likely to propel the market growth at a significant rate in the coming years.
Furthermore, increased adoption of touch displays in the education sector and rising prevalence for OLED displays in various smartphones, laptops, and tablets are further anticipated to contribute to the growth of the global flat panel displays market over the forecast period. In addition, major market players are highly focusing of emerging novel technologies and research & development of new products to cater the demand and changing consumer preferences towards high resolution images. For instance, in July 2021, Samsung Electronics announced the launch of its new commercial microLED displays, in the global market with numerous features.
This report analyzes and estimates the flat panel display market analysis at the global, regional, and country-level. Assessment of the flat panel display market analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at the global level from 2024-2032
The report includes an in-depth analysis of the strategies adopted by the utmost competitors in the flat panel display market analysis. The research study contains market attractiveness analysis, wherein segment technology, display size, end user and regional segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the flat panel display market analysis based on technology, display size, end user and region. All the segments of flat panel display market analysis have been analyzed based on the past, present, and future trends. The market is estimated from 2024-2032.
Report Attributes | Report Details |
---|---|
Report Name | Flat Panel Display Market |
Market Size in 2023 | USD 142.77 Billion |
Market Forecast in 2032 | USD 207.68 Billion |
Growth Rate | CAGR of 3.8% |
Number of Pages | 166 |
Key Companies Covered | 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, Tokyo Electron. and among others |
Segments Covered | By Energy, By Capacity, By Application And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The regional segmentation consists of the past, present, and forecasted demand for Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further divided into the U.S., UK, France, Germany, China, Japan, India, and Brazil among others.
Some of the leading players in the global market include
The report segments the flat panel display market as follows:
By Technology Segment Analysis
By Display Size Segment Analysis
By End Users Segment Analysis
By Regional Segment Analysis
FrequentlyAsked Questions
global 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
The largest share of the Flat Panel Display Market is held by Asia Pacific. Developing countries of Asia Pacific such as China, Japan, and India will be dominating the market scenario mainly due to the rising constructional activities. The growth of Asia-Pacific region is expected to be followed by the Middle East and North America. Also, significant growth is expected from Western Europe owing to the developments taking place in this region especially in countries such as Italy, Germany, the U.K, France, and Spain. However, growth in Africa, Latin America, and Eastern Europe is anticipated to be moderate over the forecast period.
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, Tokyo Electron. and among others
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