Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 142.36 Billion | USD 231.75 Billion | 6.28% | 2022 |
FrequentlyAsked Questions
Liquid crystal display (LCD) is a flat-panel display technology that has multiple applications and is used in several modern electronic devices such as televisions, computer monitors, smartphones, and digital watches.
The global liquid crystal display (LCD) market is projected to witness high growth owing to the increasing demand in the consumer electronic segment which is one of the fastest-growing sectors.
According to study, the global liquid crystal display (LCD) market size was worth around USD 142.36billion in 2022 and is predicted to grow to around USD 231.75 billion by 2030.
The CAGR value of the liquid crystal display (LCD) market is expected to be around 6.28% during 2023-2030.
The global liquid crystal display (LCD) market is projected to witness the highest growth in Asia-Pacific and the main reason for high regional growth is the dominant authority of China as the world’s largest supplier of LCD screens to several end-user verticals including some of its competitors in the consumer group segment such as Apple Inc.
The global liquid crystal display (LCD) market is led by players like Samsung Display Co., Ltd., LG Display Co., Ltd., AU Optronics Corporation, Innolux Corporation, BOE Technology Group Co., Ltd., Japan Display Inc., Sharp Corporation, Tianma Microelectronics Co., Ltd., Visionox Technology Inc., CSOT (TCL China Star Optoelectronics Technology), EverDisplay Optronics Ltd., Truly International Holdings Limited, HannStar Display Corporation, Chunghwa Picture Tubes Ltd., CPT Technology (Group) Co., Ltd., Himax Technologies, Inc., IVO (InnoVision Optoelectronics) Group, E Ink Holdings Inc., Shenzhen China Star Optoelectronics Technology Co., Ltd., Japan OLED, RiTdisplay Corporation, Sharp NEC Display Solutions, Ltd., Mitsubishi Electric Corporation, Panasonic Corporation, and Toshiba Corporation.
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