조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년07월
Display Market – Global Forecast to 2029
디스플레이 시장 – 디스플레이 기술, 해상도, 패널 크기(마이크로 디스플레이, 중소형 패널, 대형 패널), 패널 유형(고정 패널, 유연한 패널), 치수(2D, 3D), 제품, 수직 및 지역별 – 2029년까지의 세계 예측
Display Market by Display Technology, Resolution, Panel Size (Micro Display, Small and Medium-sized Panels, Large Panels), Panel Type (Fixed Panel, Flexible Panel), Dimension (2D, 3D), Product, Vertical and Region – Global Forecast to 2029
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| 구성 | 영문조사보고서 |
디스플레이 시장은 2024년 1,352억 달러, 2029년까지 1,737억 달러에 이르렀으며, 2024년부터 2029년까지 CAGR 5.1%로 성장할 것으로 예상됩니다. 다양한 기업들이 디스플레이에 투자하는 것은 디스플레이 시장의 성장으로 이어지고 있습니다. 디스플레이 시장은 지속적으로 발전하고 있으며 여러 플레이어가 존재합니다. 현재 아시아 태평양 지역은 디스플레이 시장의 성장에 크게 기여하고 있습니다. 마찬가지로 유럽, 북미 및 기타 지역(RoW)도 예측 기간 동안 성장 시장이 될 것으로 예측됩니다.
MarketsandMarkets「디스플레이 시장 – 디스플레이 기술, 해상도, 패널 크기(마이크로 디스플레이, 중소형 패널, 대형 패널), 패널 유형(고정 패널, 유연한 패널), 치수(2D, 3D), 제품, 수직 및 지역별 – 2029년까지의 세계 예측 – Display Market by Display Technology, Resolution, Panel Size (Micro Display, Small and Medium-sized Panels, Large Panels), Panel Type (Fixed Panel, Flexible Panel), Dimension (2D, 3D), Product, Vertical and Region – Global Forecast to 2029」는 세계의 디스플레이 시장을 분석·예측하고 주요 세그먼트별 시장 규모, 에코시스템, 관련 기업 정보 등을 정리한 조사 보고서입니다.
주요 조사 대상 세그먼트
- 디스플레이 기술
- LCD
- OLED
- 마이크로 LED
- 직시형 LED
- 양자 디스플레이
- E 종이 디스플레이
- DLP(디지털 조명 처리)
- 프로젝션 큐브
- 해상도
- 8K
- 4K
- FHD
- HD
- HD 이하
- 패널 크기
- 마이크로 디스플레이
- 소형 및 중형 디스플레이
- 대형 디스플레이
- 패널 유형
- 고정형 패널
- 가요성 패널
- 차원
- 2D 디스플레이
- 3D 디스플레이
- 제품
- 스마트폰
- TV
- 모니터 및 노트북
- 디지털 간판 및 대형 디스플레이
- 차량 디스플레이
- 태블릿
- 웨어러블 기기
- 스마트 시계
- AR용 헤드 장착 디스플레이
- VR용 헤드 마운트 디스플레이
- 기타
- 수직 시장
- 가전
- 자동차
- 스포츠 및 엔터테인먼트
- 운송
- 소매업, 환대, BFSI
- 산업
- 교육
- 의료
- 항공 우주 및 방어
- 기타
- 지역
- 북미
- 유럽
- 아시아 태평양 지역
- 기타 지역(RoW)
디스플레이 시장 생태계
- 연구개발시설
- 연구 및 설계
- 시제품 및 개발
- 시험 및 검증
- 컴포넌트 제공자
- 백라이트
- 백플레인
- 디스플레이 드라이버
- 터치 패널
- 유리 패널
- 미디어 플레이어 및 컨트롤러
- 탑재 및 액세서리
- 디스플레이 패널 제조업체
- 마이크로 디스플레이
- 소형 및 중형 패널
- 대형 패널
- 제품 / 최종 사용
- 스마트폰
- TV
- 모니터 및 노트북
- 디지털 간판 및 대형 디스플레이
- 차량 디스플레이
- 태블릿
- 스마트 웨어러블 기기
- 기타
Report Overview
The display market is expected to reach USD 173.7 billion by 2029 from USD 135.2 billion in 2024, at a CAGR of 5.1 % during the 2024-2029 period.
LED technology uses light-emitting diodes to create lighting displays, solutions, and other applications. LED technology is used in a wide range of industries including smartphones, TVs, video walls and digital signage. LED displays have become one of the most widely used display technologies used in various applications and hold a large market share compared to other technologies. Although the LED display industry has grown in recent years, there has been a lack of innovation. But one recent development is the materials needed to make a miniaturized LED screen. These advances have made LED screens incredibly thin and expanded to huge sizes, making them suitable for use on any surface, indoors and outdoors. Technological advancements, such as improved resolution, increased brightness, materials versatility, complex surface LEDs and the emergence of micro-LEDs contributed to the growth of LED applications.
The demand to improve customer service and collaboration efficiencies in various industries including retail, office and education has increased the demand for large-scale displays, especially LED displays, we can also state that this growing demand is also due to the constant introduction of new technologies and solutions. LED video walls are gaining popularity due to their ability to deliver a simple image and excellent quality, making them the most advanced form of large display In the commercial world, LED video walls with room is important as an active background in convention halls. Adding value to presentations with visual aids such as images, charts and videos, these LED video walls are compatible with a variety of devices, including desktop PCs, smartphones and tablets.
The use of LEDs in digital signage is growing at an equally rapid pace due to their superior optical visibility, efficiency, and robustness, making LEDs desirable for dynamic, sliding displays ideas in hot spots even and costs green for businesses. Green solutions For example, in February 2020, Samsung used LED virtual signs to enhance Samsung’s promotional efforts at the Siquan Casino Resort in California. By replacing traditional cards and static displays with virtual signage, the casino was transformed to allow for increased visibility and promotional engagement. Digital displays allowed for dynamic presentation of content, with quick and easy promotional changes. SAMSUNG DISPLAY, Sony Group Corporation, LG Display Co., Ltd, and Panasonic Holdings Corporation are major players offering LED displays for digital signage packages.
“Growing popularity of interactive display to increase in the demand of display market.”
Interactive displays allow users to interact with the screen using touch or other input methods like motion or voice commands. interactive display and gesture control devices or screens have gained importance in homes, automobiles, retail, office spaces, banks, transport among different sectors. In the smart home sector, interactive displays are integrated into various appliances such as washing machines, refrigerators, microwaves, and chimneys. Similarly, branches of automobile industry and manufacturing have adopted the use of interactive displays in the systems such as navigational screens, digital rearview mirrors, and instrument clusters/dashboards. Gone are the days when touch screens were only part of technology; nowadays, they are an essential part of most industries, particularly of the kiosk industry. Digital signage in the form of interactive kiosks, whiteboards, table/shelves and monitors are slowly but surely making their way to almost all business fields. This need for touch interfaces has consequently made a great impact on the ever-renewing need for interaction displays.
The switch has now moved towards digital learning and the education process which is essential for educational institutions, students or teachers. Social technologies have come in handy in making this transition seamless making it easier to foster an innovative environment for a classroom setting. LCD, LED-LCD and OLED are the primary technologies that are applied to interactive displays currently. All types of display technology have their own superiorities and inferiorities, where kind of display technology should be used totally depends on some conditions.
In commercial places, displays are also utilized for aesthetic and promotional purposes with an aim of improving customers’ perception of their business as well as organizational effectiveness. In commercial facilities, especially stores and markets, shelves, stands and other units often serve to advertise and present goods to make it possible for customers to peruse and touch the products before buying them. Some of the companies that offer interactive displays today are LG corporation, a South Korean company, Samsung electronics also from South Korea, Sharp corporation from Japan, ViewSonic corporation from US, Planar systems from United States and Horizon display from United States.
“Small & medium-sized panel segment of display market projected to have the highest market share during the forecast period.”
Small & medium-sized display panels, ranging in diagonal size from 1 to 9 inches, are widely used in small display devices. These display panels are used in smartphones, selected tablets, smart watches, VRHMDs, digital cameras, gaming consoles, photo frames, e-readers, small medical devices and this market segment smartphones -Heavily influenced by the dynamics of the smartwatch market.
These displays are used in a variety of industries, including smartphones, wearables, automobiles, consumer electronics and medical devices. Especially in the healthcare industry, many interactive healthcare philosophies have been developed for specialized clinical settings.
Leading suppliers of small & large displays include SAMSUNG DISPLAY (Republic of Korea), LG Display Co., Ltd., (South Korea), Sharp Corporation (Japan), BOE Technology Group Co., Ltd. (China), Innolux Corporation (Taiwan) and many others.
Smartphone performance dominates the market for small & medium size display. The average smartphone display size is about 6.3 inches, and majorly LCD technology is used in smartphones display. LCDs dominate the market because of their versatility and affordability. However, in recent years OLED technology has also gained traction in the display market and is now emerging as a viable alternative by providing better color accuracy, wider viewing angles, faster response time, and better contrast ratio. Despite advances in OLED technology, mainly due to its affordability and versatility, LCDs are the dominant display technology in terms of market share
“Micro-LED display is expected to grow at the highest CAGR during the forecast period from 2024 to 2029.”
Micro-LED is a display that makes use of microscopic LEDs to form single pixel elements. Micro-LED provides multiple advantage over traditional LCD shows, consisting of response instances, better evaluation, and power efficiency. Compared to LCD technology, micro-LED display provides a large reduction in energy utilization. In micro-LED display only, that pixel is Enlighted which wants to be lit rather than the whole pixel. Additionally, micro-LED presentations have a high assessment ratio, this means that that they could show deeper blacks and brighter whites.
One advantage that micro-LED displays have over OLED displays is their durability. Micro-LEDs are inorganic, which means they degrade less over time, and display brighter images, also provide fast processing time. With sub-nanosecond response times, micro-LED displays are used in 3D, AR, and VR displays that use high frame rates and fast response times to provide a seamless, immersive experience.
Micro-LED displays have several advantages over conventional LCD displays, such as better energy efficiency, better contrast, and faster response times. Micro-LEDs are a promising technology, with potential applications. Notably, the two most important application areas lie at opposite ends of the magnitude spectrum. At one end, wearable devices such as smart watches, near-eye devices (NTEs) with minute displays benefit greatly from micro-LED technology Conversely, the public very large indoor displays represent the other end of the size spectrum that can benefit from the unique quality with micro-LEDs.
The break-up of the profile of primary participants in the display market-
- By Company Type: Tier 1 – 50%, Tier 2 – 30%, Tier 3 – 20%
- By Designation Type: C Level – 35%, Director Level – 30%, Others – 35%
- By Region Type: North America – 40%, Europe –25 %, Asia Pacific – 20%, RoW – 15%,
The major players in the display market are SAMSUNG DISPLAY (Republic of Korea), LG Display Co., Ltd., (South Korea), Sharp Corporation (Japan), BOE Technology Group Co., Ltd. (China), Innolux Corporation (Taiwan), AUO Corporation (Taiwan), Sony Group Corporation (Japan), Qisda Corporation (Taiwan), TCL China Star Optoelectronics Technology Co.,Ltd. (China), LEYARD (China), E INK HOLDINGS INC., (Taiwan), Tianma Microelectronics Co., Ltd. (China), Universal Display (US), TRULY INTERNATIONAL HOLDINGS LIMITED (Netherlands), Panasonic Holdings Corporation (Japan), HannStar (Taiwan), eMagin (US), Kopin Corpssoration (US), NORITAKE ITRON CORP. (Japan), Japan Display Inc. (Japan), JOLED Inc. (Japan), Elux, Inc. (US), Visionox Company (China), Winstar Display Co., Ltd. (Taiwan), and WiseChip Semiconductor Inc. (Taiwan).
Research Coverage
The report segments the display market and forecasts its size based and region. The report also provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants in this market with information on the closest approximate revenues for the overall display market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of key drivers (Increasing use of LED displays for video walls, TVs, and digital signage applications), restraints (Deployment of widescreen alternatives, such as projectors and screenless displays, and emergence of new display concepts), opportunities (Rapid adoption of AMOLED displays, especially post 5G rollout), and challenges (Technological obsolescence)
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the display market
- Market Development: Comprehensive information about lucrative markets – the report analyses the display market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the display market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like SAMSUNG DISPLAY, LG Display Co., Ltd., BOE Technology Group Co., Ltd., AUO Corporation, and Innolux Corporation.
Table of Contents
1 INTRODUCTION 25
1.1 STUDY OBJECTIVES 25
1.2 MARKET DEFINITION 26
1.3 STUDY SCOPE 26
1.3.1 MARKETS COVERED 26
1.3.2 REGIONAL SCOPE 28
1.3.3 YEARS CONSIDERED 28
1.3.4 INCLUSIONS & EXCLUSIONS 29
1.4 CURRENCY CONSIDERED 29
1.5 UNITS CONSIDERED 30
1.6 LIMITATIONS 30
1.7 STAKEHOLDERS 30
1.8 SUMMARY OF CHANGES 30
1.9 IMPACT OF RECESSION ON DISPLAY MARKET 31
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
2.1.1 SECONDARY DATA 33
2.1.1.1 Key data from secondary sources 33
2.1.1.2 Key secondary sources 33
2.1.2 PRIMARY DATA 34
2.1.2.1 Key data from primary sources 34
2.1.2.2 List of primary participants 35
2.1.2.3 Breakdown of interviews with experts 35
2.1.2.4 Insights of industry experts 36
2.1.3 SECONDARY AND PRIMARY RESEARCH 36
2.2 MARKET SIZE ESTIMATION 37
2.2.1 GROWTH FORECAST ASSUMPTIONS 39
2.2.2 BOTTOM-UP APPROACH 40
2.2.2.1 Approach to derive market size using bottom-up analysis 40
2.2.3 TOP-DOWN APPROACH 41
2.2.3.1 Approach to derive market size using top-down analysis 41
2.3 MARKET SIZE ESTIMATION 41
2.4 DATA TRIANGULATION 42
2.5 RISK ANALYSIS 43
2.6 RECESSION IMPACT ANALYSIS 44
2.7 RESEARCH ASSUMPTIONS AND LIMITATIONS 44
2.7.1 RESEARCH ASSUMPTIONS 44
2.7.2 RESEARCH LIMITATIONS 45
3 EXECUTIVE SUMMARY 46
4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DISPLAY MARKET 49
4.2 DISPLAY MARKET, BY VERTICAL 50
4.3 DISPLAY MARKET, BY PRODUCT TYPE 50
4.4 DISPLAY MARKET, BY REGION 51
4.5 DISPLAY MARKET IN ASIA PACIFIC, BY DISPLAY TECHNOLOGY AND COUNTRY, 2024 52
5 MARKET OVERVIEW 53
5.1 INTRODUCTION 53
5.2 DISPLAY MARKET DYNAMICS 53
5.2.1 DRIVERS 53
5.2.1.1 Escalating demand for OLED technology-based consumer electronics 53
5.2.1.2 Advancements and innovations in LED technology 54
5.2.1.3 Constant launch and adoption of innovative display products 55
5.2.1.4 Increasing adoption of interactive displays across various industries 56
5.2.1.5 Surging adoption of smart sensor-integrated IoT devices 56
5.2.2 RESTRAINTS 57
5.2.2.1 Decreasing demand from retail sector due to growing trend of online advertising and shopping 57
5.2.2.2 Adoption of interactive projector alternatives and emergence of screenless display technologies 58
5.2.3 OPPORTUNITIES 59
5.2.3.1 Increasing demand for flexible and foldable displays 59
5.2.3.2 Rapid adoption of AMOLED displays following 5G rollout 59
5.2.3.3 Emergence of micro-LED and mini-LED technologies 59
5.2.3.4 Integration of advanced control and interactive features into display technology 60
5.2.4 CHALLENGES 61
5.2.4.1 High costs associated with R&D, manufacturing, and limited production 61
5.2.4.2 Risks related to technological obsolescence 62
5.2.4.3 Adverse impact of severe weather or harsh conditions on display functionality and lifespan 62
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 63
5.4 PRICING ANALYSIS 64
5.4.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY PANEL SIZE 64
5.4.2 INDICATIVE PRICING TREND OF LCD DISPLAYS, BY REGION 65
5.5 VALUE CHAIN ANALYSIS 65
5.6 ECOSYSTEM ANALYSIS 66
5.7 INVESTMENT AND FUNDING SCENARIO 67
5.8 TECHNOLOGY ANALYSIS 68
5.8.1 KEY TECHNOLOGIES 68
5.8.1.1 Mini-LED displays 68
5.8.1.2 Electrowetting displays 68
5.8.2 COMPLEMENTARY TECHNOLOGIES 68
5.8.2.1 Immersive displays 68
5.8.2.2 Foldable displays 69
5.8.3 ADJACENT TECHNOLOGIES 69
5.8.3.1 Augmented reality (AR) and virtual reality (VR) 69
5.9 PATENT ANALYSIS 70
5.10 TRADE ANALYSIS 72
5.10.1 IMPORT SCENARIO (HS CODE 8537) 72
5.10.2 EXPORT SCENARIO (HS CODE 8537) 73
5.11 KEY CONFERENCES AND EVENTS, 2024–2025 74
5.12 CASE STUDY ANALYSIS 75
5.12.1 LG DISPLAY INTRODUCES TRANSPARENT OLEDS FOR HIGH-SPEED TRAIN INNOVATION 75
5.12.2 VOESTALPINE AG TRANSFORMS EVENT EXPERIENCES BY DEPLOYING ADVANCED LED TECHNOLOGY 75
5.12.3 SYCUAN CASINO RESORT ENHANCES REVENUE AND ENGAGEMENT THROUGH DYNAMIC DIGITAL SIGNAGE 76
5.13 TARIFF AND REGULATORY LANDSCAPE 76
5.13.1 TARIFF ANALYSIS 76
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
5.14 PORTER’S FIVE FORCES ANALYSIS 79
5.14.1 THREAT OF NEW ENTRANTS 80
5.14.2 THREAT OF SUBSTITUTES 80
5.14.3 BARGAINING POWER OF SUPPLIERS 80
5.14.4 BARGAINING POWER OF BUYERS 80
5.14.5 INTENSITY OF COMPETITIVE RIVALRY 81
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA 81
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS 81
5.15.2 BUYING CRITERIA 82
6 DISPLAY DIMENSIONS 83
6.1 INTRODUCTION 83
6.2 2D DISPLAYS 83
6.3 3D DISPLAYS 83
7 DISPLAY RESOLUTIONS 84
7.1 INTRODUCTION 84
7.2 8K 84
7.3 4K 84
7.4 FULL HIGH DEFINITION (FHD) 85
7.5 HIGH DEFINITION (HD) 85
7.6 LOWER THAN HD 85
8 DISPLAY PANEL TYPES 87
8.1 INTRODUCTION 87
8.2 FIXED PANEL 87
8.2.1 TRANSPARENT PANEL 87
8.2.2 NON-TRANSPARENT PANEL 87
8.3 FLEXIBLE PANEL 88
8.3.1 FOLDABLE PANEL 88
8.3.2 OTHERS 88
9 DISPLAY MARKET, BY DISPLAY TECHNOLOGY 89
9.1 INTRODUCTION 90
9.2 LCD (LIQUID CRYSTAL DISPLAY) 91
9.2.1 HIGH ADOPTION OF LCD IN SMARTPHONES AND TELEVISION SETS TO DRIVE MARKET 91
9.2.2 TWISTED NEMATIC (TN) DISPLAY 99
9.2.3 IN-PLANE SWITCHING (IPS) DISPLAY 99
9.2.4 VERTICAL ALIGNMENT (VA) 100
9.2.5 ADVANCED FRINGE FIELD SWITCHING (AFFS) 100
9.2.6 LED-BACKLIGHT LCD 100
9.2.7 THIN-FILM TRANSISTORS (TFTS) 100
9.3 ORGANIC LIGHT-EMITTING DIODE (OLED) 101
9.3.1 BETTER ALTERNATIVE TO LCD TECHNOLOGY TO FOSTER SEGMENTAL GROWTH 101
9.3.2 PASSIVE MATRIX ORGANIC LIGHT-EMITTING DIODE (PMOLED) 108
9.3.3 ACTIVE-MATRIX ORGANIC LIGHT-EMITTING DIODE (AMOLED) 109
9.4 MICRO-LED 109
9.4.1 ENHANCED CONTRAST, ENERGY EFFICIENCY, AND FASTER RESPONSE TIME TO BOOST DEMAND 109
9.5 DIRECT-VIEW LED (DLED) 112
9.5.1 TRANSFORMATIVE SHIFT TOWARD VIDEO WALL TECHNOLOGY TO CREATE OPPORTUNITY 112
9.5.2 DIRECT-VIEW FINE-PIXEL LED 113
9.5.3 DIRECT-VIEW LARGE-PIXEL LED 114
9.6 QUANTUM DOT DISPLAY (QD DISPLAY) 114
9.6.1 ENHANCED COLOR GAMUT AND ENERGY EFFICIENCY TO DRIVE MARKET 114
9.6.2 QD-LCD 115
9.6.3 MINI-LED 116
9.6.4 QD-OLED 116
9.7 OTHER DISPLAY TECHNOLOGIES 116
9.7.1 E-PAPER DISPLAY (ELECTROPHORETIC DISPLAYS) 118
9.7.2 DIGITAL LIGHT PROCESSING (DLP) 118
9.7.3 PROJECTION CUBES 118
9.7.4 LIQUID CRYSTAL ON SILICON (LCOS) 119
10 DISPLAY MARKET, BY PANEL SIZE 120
10.1 INTRODUCTION 121
10.2 MICRODISPLAYS 122
10.2.1 GROWING DEMAND FOR WEARABLE DEVICES TO DRIVE ADOPTION 122
10.3 SMALL & MEDIUM-SIZED PANELS 123
10.3.1 RISING DEMAND FOR SMARTPHONES TO SUPPORT MARKET GROWTH 123
10.4 LARGE PANELS 125
10.4.1 INCREASING TREND OF BIG SCREEN LAPTOPS AND TELEVISION SETS TO ACCELERATE MARKET GROWTH 125
11 DISPLAY MARKET, BY PRODUCT TYPE 128
11.1 INTRODUCTION 129
11.2 SMARTPHONES 130
11.2.1 DEPLOYMENT OF LARGE-SIZED AND HIGH-RESOLUTION TO PROPEL MARKET 130
11.3 TELEVISION SETS 132
11.3.1 GROWING DEMAND FOR HIGH-QUALITY VISUAL CONTENT TO AUGMENT MARKET 132
11.4 MONITORS & LAPTOPS 134
11.4.1 GROWING TREND OF SMART HOMES AND IOT TECHNOLOGIES TO CREATE OPPORTUNITIES 134
11.5 DIGITAL SIGNAGE & LARGE FORMAT DISPLAYS 136
11.5.1 RISING DEMAND FOR INTERACTIVE AND VISUALLY ENGAGING CONTENT TO STIMULATE MARKET GROWTH 136
11.6 AUTOMOTIVE DISPLAYS 138
11.6.1 INCREASING INTEGRATION OF IN-CAR DISPLAYS TO CONTRIBUTE TO MARKET GROWTH 138
11.7 TABLETS 139
11.7.1 INCREASING DEMAND FOR HIGH-RESOLUTION DISPLAYS TO PROPEL GROWTH 139
11.8 WEARABLES 140
11.8.1 SMARTWATCHES 141
11.8.1.1 Increasing demand for superior visuals, longer battery life, and more flexible design options to accelerate market 141
11.8.2 VR HMDS 142
11.8.2.1 Advancements in display technologies to fuel demand 142
11.8.3 AR HMDS 144
11.8.3.1 Growing demand in healthcare and consumer applications to drive market 144
11.9 OTHER PRODUCT TYPES 146
12 DISPLAY MARKET, BY VERTICAL 149
12.1 INTRODUCTION 150
12.2 CONSUMER ELECTRONICS 152
12.2.1 INCREASING ADOPTION OF OLED AND MICRO-LED DISPLAY TECHNOLOGY TO PROPEL MARKET 152
12.3 AUTOMOTIVE 152
12.3.1 EXPANDING ADOPTION OF OLED DISPLAYS IN AUTOMOTIVE APPLICATIONS TO PROPEL MARKET 152
12.4 SPORTS & ENTERTAINMENT 153
12.4.1 SURGING USE OF AR/VR HEAD-MOUNTED DISPLAYS IN SPORTS & ENTERTAINMENT APPLICATIONS TO DRIVE MARKET 153
12.5 TRANSPORTATION 154
12.5.1 GROWING DEMAND FOR LARGE FORMAT DISPLAYS TO DRIVE MARKET 154
12.6 RETAIL, HOSPITALITY, & BFSI 154
12.6.1 EXPANDING USE OF DIGITAL SIGNAGE TO PROPEL MARKET GROWTH 154
12.7 INDUSTRIAL & ENTERPRISE 155
12.7.1 EXPANDING ADOPTION OF AR/VR IN INDUSTRIES AND ENTERPRISES TO DRIVE MARKET EXPANSION 155
12.8 EDUCATION 155
12.8.1 SHIFT TOWARD ONLINE EDUCATION TO BOOST MARKET EXPANSION 155
12.9 HEALTHCARE 156
12.9.1 RISING ADOPTION OF DISPLAYS FOR MEDICAL IMAGE VISUALIZATION TO BOOST MARKET 156
12.10 AEROSPACE & DEFENSE 156
12.10.1 GROWING ADOPTION OF HUDS AND MFDS TO PROPEL MARKET EXPANSION 156
12.11 OTHER VERTICALS 157
13 DISPLAY MARKET, BY REGION 158
13.1 INTRODUCTION 159
13.2 NORTH AMERICA 161
13.2.1 NORTH AMERICA: RECESSION IMPACT 163
13.2.2 US 164
13.2.2.1 Technological advancements in displays to drive market 164
13.2.3 CANADA 164
13.2.3.1 Rapid expansion of restaurants, cafes, and fast-food chains to propel market 164
13.2.4 MEXICO 165
13.2.4.1 Expanding consumer electronics, automotive, and retail sectors to drive market 165
13.3 EUROPE 165
13.3.1 EUROPE: RECESSION IMPACT 167
13.3.2 GERMANY 168
13.3.2.1 Rising adoption of display technology in various industries to propel market 168
13.3.3 FRANCE 169
13.3.3.1 Increasing adoption of gaming, virtual reality, and augmented reality applications to drive market growth 169
13.3.4 UK 169
13.3.4.1 Increasing demand for smartphones and AR/VR head-mounted displays (HMDs) to stimulate market growth 169
13.3.5 REST OF EUROPE 170
13.4 ASIA PACIFIC 170
13.4.1 ASIA PACIFIC: RECESSION IMPACT 173
13.4.2 CHINA 173
13.4.2.1 Rapid industrialization and infrastructural advancements to boost market growth 173
13.4.3 SOUTH KOREA 174
13.4.3.1 Rising investments to develop innovative display technologies to fuel market growth 174
13.4.4 JAPAN 175
13.4.4.1 Accelerated demand for OLED display technology to support market growth 175
13.4.5 TAIWAN 175
13.4.5.1 Rising display panel production to foster market growth 175
13.4.6 REST OF ASIA PACIFIC 176
13.5 REST OF WORLD 177
13.5.1 ROW: RECESSION IMPACT 178
13.5.2 MIDDLE EAST & AFRICA 179
13.5.2.1 Growing retail and transportation sectors to boost market 179
13.5.2.2 GCC Countries 179
13.5.2.3 Rest of Middle East & Africa 180
13.5.3 SOUTH AMERICA 180
13.5.3.1 Rising utilization of large format displays in outdoor advertising to support market growth 180
14 COMPETITIVE LANDSCAPE 181
14.1 OVERVIEW 181
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2023–2024 181
14.3 REVENUE ANALYSIS, 2019–2023 183
14.4 MARKET SHARE ANALYSIS, 2023 183
14.5 COMPANY VALUATION AND FINANCIAL METRICS 187
14.6 BRAND/PRODUCT COMPARISON 188
14.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 189
14.7.1 STARS 189
14.7.2 EMERGING LEADERS 190
14.7.3 PERVASIVE PLAYERS 190
14.7.4 PARTICIPANTS 190
14.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 191
14.7.5.1 Company footprint 191
14.7.5.2 Region footprint 192
14.7.5.3 Display technology footprint 193
14.7.5.4 Resolution footprint 194
14.7.5.5 Panel size footprint 195
14.7.5.6 Panel type footprint 196
14.7.5.7 Dimension footprint 197
14.7.5.8 Product footprint 198
14.7.5.9 Vertical footprint 199
14.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 200
14.8.1 PROGRESSIVE COMPANIES 201
14.8.2 RESPONSIVE COMPANIES 201
14.8.3 DYNAMIC COMPANIES 201
14.8.4 STARTING BLOCKS 201
14.8.5 COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2023 202
14.8.5.1 Detailed list of startups/SMEs 202
14.8.5.2 Competitive benchmarking of key startups/SMEs 203
14.9 COMPETITIVE SCENARIO AND TRENDS 204
14.9.1 PRODUCT LAUNCHES 204
14.9.2 DEALS 207
15 COMPANY PROFILES 211
15.1 INTRODUCTION 211
15.2 KEY PLAYERS 212
15.2.1 SAMSUNG DISPLAY 212
15.2.1.1 Business overview 212
15.2.1.2 Products/Solutions/Services offered 213
15.2.1.3 Recent developments 214
15.2.1.3.1 Product launches 214
15.2.1.3.2 Deals 215
15.2.1.4 MnM view 216
15.2.1.4.1 Right to win 216
15.2.1.4.2 Strategic choices 216
15.2.1.4.3 Weaknesses and competitive threats 217
15.2.2 LG DISPLAY CO., LTD. 218
15.2.2.1 Business overview 218
15.2.2.2 Products/Solutions/Services offered 219
15.2.2.3 Recent developments 220
15.2.2.3.1 Deals 221
15.2.2.4 MnM view 221
15.2.2.4.1 Right to win 221
15.2.2.4.2 Strategic choices 222
15.2.2.4.3 Weaknesses and competitive threats 222
15.2.3 SHARP CORPORATION 223
15.2.3.1 Business overview 223
15.2.3.2 Products/Solutions/Services offered 224
15.2.3.3 Recent developments 224
15.2.3.3.1 Deals 226
15.2.3.4 MnM view 226
15.2.3.4.1 Right to win 226
15.2.3.4.2 Strategic choices 226
15.2.3.4.3 Weaknesses and competitive threats 226
15.2.4 BOE TECHNOLOGY GROUP CO., LTD. 227
15.2.4.1 Business overview 227
15.2.4.2 Products/Solutions/Services offered 228
15.2.4.3 Recent developments 229
15.2.4.3.1 Deals 230
15.2.4.4 MnM view 231
15.2.4.4.1 Right to win 231
15.2.4.4.2 Strategic choices 231
15.2.4.4.3 Weaknesses and competitive threats 232
15.2.5 INNOLUX CORPORATION 233
15.2.5.1 Business overview 233
15.2.5.2 Products/Solutions/Services offered 234
15.2.5.3 Recent developments 235
15.2.5.3.1 Deals 235
15.2.5.4 MnM view 236
15.2.5.4.1 Right to win 236
15.2.5.4.2 Strategic choices 236
15.2.5.4.3 Weaknesses and competitive threats 236
15.2.6 AUO CORPORATION 237
15.2.6.1 Business overview 237
15.2.6.2 Products/Solutions/Services offered 238
15.2.6.3 Recent developments 240
15.2.6.3.1 Deals 240
15.2.7 SONY GROUP CORPORATION 242
15.2.7.1 Business overview 242
15.2.7.2 Products/Solutions/Services offered 243
15.2.7.3 Recent developments 244
15.2.7.3.1 Deals 245
15.2.8 QISDA CORPORATION 246
15.2.8.1 Business overview 246
15.2.8.2 Products/Solutions/Services offered 247
15.2.9 TCL CHINA STAR OPTOELECTRONICS TECHNOLOGY CO., LTD. 248
15.2.9.1 Business overview 248
15.2.9.2 Products/Solutions/Services offered 249
15.2.10 LEYARD 250
15.2.10.1 Business overview 250
15.2.10.2 Products/Solutions/Services offered 250
15.2.10.3 Recent developments 251
15.2.10.3.1 Deals 251
15.3 OTHER PLAYERS 252
15.3.1 E INK HOLDINGS INC. 252
15.3.2 TIANMA MICROELECTRONICS CO., LTD. 253
15.3.3 UNIVERSAL DISPLAY 254
15.3.4 TRULY INTERNATIONAL HOLDINGS LIMITED 255
15.3.5 PANASONIC HOLDINGS CORPORATION 256
15.3.6 HANNSTAR 257
15.3.7 EMAGIN 258
15.3.8 KOPIN CORPORATION 259
15.3.9 NORITAKE ITRON CORP. 260
15.3.10 JAPAN DISPLAY INC. 261
15.3.11 JOLED INC. 262
15.3.12 ELUX, INC. 263
15.3.13 VISIONOX COMPANY 263
15.3.14 WINSTAR DISPLAY CO., LTD. 264
15.3.15 WISECHIP SEMICONDUCTOR INC. 265
16 APPENDIX 266
16.1 INSIGHTS FROM INDUSTRY EXPERTS 266
16.2 DISCUSSION GUIDE 266
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 270
16.4 CUSTOMIZATION OPTIONS 272
16.5 RELATED REPORTS 272
16.6 AUTHOR DETAILS 273
LIST OF TABLES
TABLE 1 MARKET GROWTH ASSUMPTIONS 39
TABLE 2 RISK FACTOR ANALYSIS 43
TABLE 3 AVERAGE SELLING PRICE TREND OF LARGE DISPLAY PANELS PROVIDED
BY KEY PLAYERS, 2020–2024 (USD) 64
TABLE 4 INDICATIVE PRICING TREND OF LCD DISPLAYS, BY REGION, 2020–2024 (USD) 65
TABLE 5 ROLE OF COMPANIES IN DISPLAY ECOSYSTEM 66
TABLE 6 DISPLAY MARKET: MAJOR PATENTS, 2023–2024 71
TABLE 7 KEY CONFERENCES AND EVENTS, 2024–2025 74
TABLE 8 MFN TARIFF FOR HS CODE 8537-COMPLIANT PRODUCTS EXPORTED
BY GERMANY (2023) 76
TABLE 9 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 10 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 11 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 12 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
TABLE 13 IMPACT ANALYSIS OF PORTER’S FIVE FORCES 80
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FROM
TOP THREE PRODUCTS (%) 81
TABLE 15 KEY BUYING CRITERIA, BY PRODUCT TYPES 82
TABLE 16 DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2020–2023 (USD BILLION) 91
TABLE 17 DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2024–2029 (USD BILLION) 91
TABLE 18 LCD: DISPLAY MARKET, BY PANEL SIZE, 2020–2023 (USD MILLION) 92
TABLE 19 LCD: DISPLAY MARKET, BY PANEL SIZE, 2024–2029 (USD MILLION) 92
TABLE 20 LCD: DISPLAY MARKET, BY PRODUCT TYPE, 2020–2023 (USD BILLION) 93
TABLE 21 LCD: DISPLAY MARKET, BY PRODUCT TYPE, 2024–2029 (USD BILLION) 93
TABLE 22 LCD: DISPLAY MARKET, BY WEARABLE TYPE, 2020–2023 (USD MILLION) 93
TABLE 23 LCD: DISPLAY MARKET, BY WEARABLE TYPE, 2024–2029 (USD MILLION) 94
TABLE 24 LCD: DISPLAY MARKET, BY REGION, 2020–2023 (USD BILLION) 94
TABLE 25 LCD: DISPLAY MARKET, BY REGION, 2024–2029 (USD BILLION) 94
TABLE 26 LCD: DISPLAY MARKET FOR SMARTPHONES, BY REGION,
2020–2023 (USD BILLION) 94
TABLE 27 LCD: DISPLAY MARKET FOR SMARTPHONES, BY REGION,
2024–2029 (USD BILLION) 95
TABLE 28 LCD: DISPLAY MARKET FOR TELEVISION SETS, BY REGION,
2020–2023 (USD BILLION) 95
TABLE 29 LCD: DISPLAY MARKET FOR TELEVISION SETS, BY REGION,
2024–2029 (USD BILLION) 95
TABLE 30 LCD: DISPLAY MARKET FOR MONITORS & LAPTOPS, BY REGION,
2020–2023 (USD BILLION) 95
TABLE 31 LCD: DISPLAY MARKET FOR MONITORS & LAPTOPS, BY REGION,
2024–2029 (USD BILLION) 96
TABLE 32 LCD: DISPLAY MARKET FOR DIGITAL SIGNAGE & LARGE FORMAT DISPLAYS,
BY REGION, 2020–2023 (USD BILLION) 96
TABLE 33 LCD: DISPLAY MARKET FOR DIGITAL SIGNAGE & LARGE FORMAT DISPLAYS,
BY REGION, 2024–2029 (USD BILLION) 96
TABLE 34 LCD: DISPLAY MARKET FOR AUTOMOTIVE DISPLAYS, BY REGION,
2020–2023 (USD BILLION) 97
TABLE 35 LCD: DISPLAY MARKET FOR AUTOMOTIVE DISPLAYS, BY REGION,
2024–2029 (USD BILLION) 97
TABLE 36 LCD: DISPLAY MARKET FOR TABLETS, BY REGION, 2020–2023 (USD BILLION) 97
TABLE 37 LCD: DISPLAY MARKET FOR TABLETS, BY REGION, 2024–2029 (USD BILLION) 98
TABLE 38 LCD: DISPLAY MARKET FOR WEARABLES, BY REGION, 2020–2023 (USD BILLION) 98
TABLE 39 LCD: DISPLAY MARKET FOR WEARABLES, BY REGION, 2024–2029 (USD BILLION) 98
TABLE 40 LCD: DISPLAY MARKET FOR OTHER PRODUCT TYPES, BY REGION,
2020–2023 (USD BILLION) 99
TABLE 41 LCD: DISPLAY MARKET FOR OTHER PRODUCT TYPES, BY REGION,
2024–2029 (USD BILLION) 99
TABLE 42 OLED: DISPLAY MARKET, BY PANEL SIZE, 2020–2023 (USD MILLION) 102
TABLE 43 OLED: DISPLAY MARKET, BY PANEL SIZE, 2024–2029 (USD MILLION) 102
TABLE 44 OLED: DISPLAY MARKET, BY PRODUCT TYPE, 2020–2023 (USD BILLION) 102
TABLE 45 OLED: DISPLAY MARKET, BY PRODUCT TYPE, 2024–2029 (USD BILLION) 103
TABLE 46 OLED: DISPLAY MARKET, BY WEARABLE TYPE, 2020–2023 (USD MILLION) 103
TABLE 47 OLED: DISPLAY MARKET, BY WEARABLE TYPE, 2024–2029 (USD MILLION) 103
TABLE 48 OLED: DISPLAY MARKET, BY REGION, 2020–2023 (USD BILLION) 104
TABLE 49 OLED: DISPLAY MARKET, BY REGION, 2024–2029 (USD BILLION) 104
TABLE 50 OLED: DISPLAY MARKET FOR SMARTPHONES, BY REGION,
2020–2023 (USD BILLION) 104
TABLE 51 OLED: DISPLAY MARKET FOR SMARTPHONES, BY REGION,
2024–2029 (USD BILLION) 104
TABLE 52 OLED: DISPLAY MARKET FOR TELEVISION SETS, BY REGION,
2020–2023 (USD BILLION) 105
TABLE 53 OLED: DISPLAY MARKET FOR TELEVISION SETS, BY REGION,
2024–2029 (USD BILLION) 105
TABLE 54 OLED: DISPLAY MARKET FOR MONITORS & LAPTOPS, BY REGION,
2020–2023 (USD MILLION) 105
TABLE 55 OLED: DISPLAY MARKET FOR MONITORS & LAPTOPS, BY REGION,
2024–2029 (USD MILLION) 105
TABLE 56 OLED: DISPLAY MARKET FOR DIGITAL SIGNAGE & LARGE FORMAT DISPLAYS,
BY REGION, 2020–2023 (USD BILLION) 106
TABLE 57 OLED: DISPLAY MARKET FOR DIGITAL SIGNAGE & LARGE FORMAT DISPLAYS,
BY REGION, 2024–2029 (USD BILLION) 106
TABLE 58 OLED: DISPLAY MARKET FOR AUTOMOTIVE DISPLAYS, BY REGION,
2020–2023 (USD MILLION) 106
TABLE 59 OLED: DISPLAY MARKET FOR AUTOMOTIVE DISPLAYS, BY REGION,
2024–2029 (USD MILLION) 107
TABLE 60 OLED: DISPLAY MARKET FOR TABLETS, BY REGION, 2020–2023 (USD BILLION) 107
TABLE 61 OLED: DISPLAY MARKET FOR TABLETS, BY REGION, 2024–2029 (USD BILLION) 107
TABLE 62 OLED: DISPLAY MARKET FOR WEARABLES, BY REGION, 2020–2023 (USD BILLION) 107
TABLE 63 OLED: DISPLAY MARKET FOR WEARABLES, BY REGION, 2024–2029 (USD BILLION) 108
TABLE 64 OLED: DISPLAY MARKET FOR OTHER PRODUCT TYPES, BY REGION,
2020–2023 (USD MILLION) 108
TABLE 65 OLED: DISPLAY MARKET FOR OTHER PRODUCT TYPES, BY REGION,
2024–2029 (USD MILLION) 108
TABLE 66 MICRO-LED: DISPLAY MARKET, BY PANEL SIZE, 2020–2023 (USD MILLION) 110
TABLE 67 MICRO-LED: DISPLAY MARKET, BY PANEL SIZE, 2024–2029 (USD MILLION) 110
TABLE 68 MICRO-LED: DISPLAY MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION) 111
TABLE 69 MICRO-LED: DISPLAY MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION) 111
TABLE 70 MICRO-LED: DISPLAY MARKET, BY WEARABLE TYPE, 2020–2023 (USD MILLION) 111
TABLE 71 MICRO-LED: DISPLAY MARKET, BY WEARABLE TYPE, 2024–2029 (USD MILLION) 111
TABLE 72 MICRO-LED: DISPLAY MARKET, BY REGION, 2020–2023 (USD MILLION) 112
TABLE 73 MICRO-LED: DISPLAY MARKET, BY REGION, 2024–2029 (USD MILLION) 112
TABLE 74 DIRECT-VIEW LED: DISPLAY MARKET, BY REGION, 2020–2023 (USD BILLION) 113
TABLE 75 DIRECT-VIEW LED: DISPLAY MARKET, BY REGION, 2024–2029 (USD BILLION) 113
TABLE 76 DIRECT-VIEW LED: DISPLAY MARKET, BY PRODUCT TYPE,
2020–2023 (USD BILLION) 113
TABLE 77 DIRECT-VIEW LED: DISPLAY MARKET, BY PRODUCT TYPE,
2024–2029 (USD BILLION) 113
TABLE 78 QUANTUM DOT DISPLAY: DISPLAY MARKET, BY PRODUCT TYPE,
2020–2023 (USD BILLION) 114
TABLE 79 QUANTUM DOT DISPLAY: DISPLAY MARKET, BY PRODUCT TYPE,
2024–2029 (USD BILLION) 115
TABLE 80 QUANTUM DOT DISPLAY: DISPLAY MARKET, BY REGION,
2020–2023 (USD BILLION) 115
TABLE 81 QUANTUM DOT DISPLAY: DISPLAY MARKET, BY REGION,
2024–2029 (USD BILLION) 115
TABLE 82 OTHER DISPLAY TECHNOLOGIES: DISPLAY MARKET, BY REGION,
2020–2023 (USD BILLION) 117
TABLE 83 OTHER DISPLAY TECHNOLOGIES: DISPLAY MARKET, BY REGION,
2024–2029 (USD BILLION) 117
TABLE 84 OTHER DISPLAY TECHNOLOGIES: DISPLAY MARKET, BY PRODUCT TYPE,
2020–2023 (USD BILLION) 117
TABLE 85 OTHER DISPLAY TECHNOLOGIES: DISPLAY MARKET, BY PRODUCT TYPE,
2024–2029 (USD BILLION) 117
TABLE 86 DISPLAY MARKET, BY PANEL SIZE, 2020–2023 (USD BILLION) 121
TABLE 87 DISPLAY MARKET, BY PANEL SIZE, 2024–2029 (USD BILLION) 122
TABLE 88 MICRODISPLAYS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 123
TABLE 89 MICRODISPLAYS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 123
TABLE 90 SMALL & MEDIUM-SIZED PANELS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2020–2023 (USD MILLION) 124
TABLE 91 SMALL & MEDIUM-SIZED PANELS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2024–2029 (USD MILLION) 124
TABLE 92 SMALL & MEDIUM-SIZED PANELS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2020–2023 (MILLION UNITS) 125
TABLE 93 SMALL & MEDIUM-SIZED PANELS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2024–2029 (MILLION UNITS) 125
TABLE 94 LARGE PANELS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 126
TABLE 95 LARGE PANELS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 126
TABLE 96 LARGE PANELS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (MILLION UNITS) 127
TABLE 97 LARGE PANELS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (MILLION UNITS) 127
TABLE 98 DISPLAY MARKET, BY PRODUCT TYPE, 2020–2023 (USD BILLION) 129
TABLE 99 DISPLAY MARKET, BY PRODUCT TYPE, 2024–2029 (USD BILLION) 130
TABLE 100 SMARTPHONES: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD BILLION) 132
TABLE 101 SMARTPHONES: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD BILLION) 132
TABLE 102 TELEVISION SETS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 133
TABLE 103 TELEVISION SETS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 134
TABLE 104 MONITORS & LAPTOPS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD BILLION) 135
TABLE 105 MONITORS & LAPTOPS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD BILLION) 135
TABLE 106 DIGITAL SIGNAGE & LARGE FORMAT DISPLAYS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2020–2023 (USD MILLION) 137
TABLE 107 DIGITAL SIGNAGE & LARGE FORMAT DISPLAYS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2024–2029 (USD MILLION) 137
TABLE 108 DIGITAL SIGNAGE & LARGE FORMAT DISPLAYS: DISPLAY MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 137
TABLE 109 DIGITAL SIGNAGE & LARGE FORMAT DISPLAYS: DISPLAY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 138
TABLE 110 AUTOMOTIVE DISPLAYS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 139
TABLE 111 AUTOMOTIVE DISPLAYS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 139
TABLE 112 TABLETS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD BILLION) 140
TABLE 113 TABLETS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD BILLION) 140
TABLE 114 WEARABLES: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 141
TABLE 115 WEARABLES: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 141
TABLE 116 SMARTWATCHES: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 142
TABLE 117 SMARTWATCHES: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 142
TABLE 118 VR HMDS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 143
TABLE 119 VR HMDS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 143
TABLE 120 VR HMDS: DISPLAY MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 143
TABLE 121 VR HMDS: DISPLAY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 144
TABLE 122 AR HMDS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 145
TABLE 123 AR HMDS: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 145
TABLE 124 AR HMDS: DISPLAY MARKET, BY VERTICAL, 2020–2023 (USD MILLION) 145
TABLE 125 AR HMDS: DISPLAY MARKET, BY VERTICAL, 2024–2029 (USD MILLION) 146
TABLE 126 OTHER PRODUCT TYPES: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD BILLION) 147
TABLE 127 OTHER PRODUCT TYPES: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD BILLION) 147
TABLE 128 OTHER PRODUCT TYPES: DISPLAY MARKET, BY VERTICAL,
2020–2023 (USD MILLION) 147
TABLE 129 OTHER PRODUCT TYPES: DISPLAY MARKET, BY VERTICAL,
2024–2029 (USD MILLION) 148
TABLE 130 DISPLAY MARKET, BY VERTICAL, 2020–2023 (USD BILLION) 151
TABLE 131 DISPLAY MARKET, BY VERTICAL, 2024–2029 (USD BILLION) 151
TABLE 132 DISPLAY MARKET, BY REGION, 2020–2023 (USD BILLION) 160
TABLE 133 DISPLAY MARKET, BY REGION, 2024–2029 (USD BILLION) 160
TABLE 134 NORTH AMERICA: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 162
TABLE 135 NORTH AMERICA: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 163
TABLE 136 NORTH AMERICA: DISPLAY MARKET, BY COUNTRY, 2020–2023 (USD BILLION) 163
TABLE 137 NORTH AMERICA: DISPLAY MARKET, BY COUNTRY, 2024–2029 (USD BILLION) 163
TABLE 138 EUROPE: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 166
TABLE 139 EUROPE: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 167
TABLE 140 EUROPE: DISPLAY MARKET, BY COUNTRY, 2020–2023 (USD BILLION) 167
TABLE 141 EUROPE: DISPLAY MARKET, BY COUNTRY, 2024–2029 (USD BILLION) 167
TABLE 142 ASIA PACIFIC: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2020–2023 (USD MILLION) 172
TABLE 143 ASIA PACIFIC: DISPLAY MARKET, BY DISPLAY TECHNOLOGY,
2024–2029 (USD MILLION) 172
TABLE 144 ASIA PACIFIC: DISPLAY MARKET, BY COUNTRY, 2020–2023 (USD BILLION) 172
TABLE 145 ASIA PACIFIC: DISPLAY MARKET, BY COUNTRY, 2024–2029 (USD BILLION) 173
TABLE 146 ROW: DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2020–2023 (USD MILLION) 177
TABLE 147 ROW: DISPLAY MARKET, BY DISPLAY TECHNOLOGY, 2024–2029 (USD MILLION) 178
TABLE 148 ROW: DISPLAY MARKET, BY REGION, 2020–2023 (USD BILLION) 178
TABLE 149 ROW: DISPLAY MARKET, BY REGION, 2024–2029 (USD BILLION) 178
TABLE 150 ROW: DISPLAY MARKET, BY COUNTRY, 2020–2023 (USD BILLION) 179
TABLE 151 ROW: DISPLAY MARKET, BY COUNTRY, 2024–2029 (USD BILLION) 179
TABLE 152 DISPLAY MARKET: KEY STRATEGIES ADOPTED BY LEADING PLAYERS,
JANUARY 2023–JUNE 2024 181
TABLE 153 DISPLAY MARKET: DEGREE OF COMPETITION 184
TABLE 154 DISPLAY MARKET: REGION FOOTPRINT (18 COMPANIES) 192
TABLE 155 DISPLAY MARKET: DISPLAY TECHNOLOGY FOOTPRINT (18 COMPANIES) 193
TABLE 156 DISPLAY MARKET: RESOLUTION FOOTPRINT (18 COMPANIES) 194
TABLE 157 DISPLAY MARKET: PANEL FOOTPRINT (18 COMPANIES) 195
TABLE 158 DISPLAY MARKET: PANEL FOOTPRINT (18 COMPANIES) 196
TABLE 159 DISPLAY MARKET: DIMENSION FOOTPRINT (18 COMPANIES) 197
TABLE 160 DISPLAY MARKET: PRODUCT FOOTPRINT (18 COMPANIES) 198
TABLE 161 DISPLAY MARKET: VERTICAL FOOTPRINT (12 COMPANIES) 199
TABLE 162 LIST OF KEY DISPLAY MARKET: KEY STARTUPS/SMES 202
TABLE 163 DISPLAY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 203
TABLE 164 DISPLAY MARKET: PRODUCT LAUNCHES, JANUARY 2023–JUNE 2024 204
TABLE 165 DISPLAY MARKET: DEALS, JANUARY 2023–JUNE 2024 207
TABLE 166 SAMSUNG DISPLAY: COMPANY OVERVIEW 212
TABLE 167 SAMSUNG DISPLAY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 213
TABLE 168 SAMSUNG DISPLAY: PRODUCT LAUNCHES 214
TABLE 169 SAMSUNG DISPLAY: DEALS 215
TABLE 170 LG DISPLAY CO., LTD.: COMPANY OVERVIEW 218
TABLE 171 LG DISPLAY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 219
TABLE 172 LG DISPLAY CO., LTD.: PRODUCT LAUNCHES 220
TABLE 173 LG DISPLAY CO., LTD.: DEALS 221
TABLE 174 SHARP CORPORATION: COMPANY OVERVIEW 223
TABLE 175 SHARP CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 224
TABLE 176 SHARP CORPORATION: PRODUCT LAUNCHES 224
TABLE 177 SHARP CORPORATION: DEALS 226
TABLE 178 BOE TECHNOLOGY GROUP CO., LTD.: COMPANY OVERVIEW 227
TABLE 179 BOE TECHNOLOGY GROUP CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 228
TABLE 180 BOE TECHNOLOGY GROUP CO., LTD.: PRODUCT LAUNCHES 229
TABLE 181 BOE TECHNOLOGY GROUP CO., LTD.: DEALS 230
TABLE 182 INNOLUX CORPORATION: COMPANY OVERVIEW 233
TABLE 183 INNOLUX CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 234
TABLE 184 INNOLUX CORPORATION: PRODUCT LAUNCHES 235
TABLE 185 INNOLUX CORPORATION: DEALS 235
TABLE 186 AUO CORPORATION: COMPANY OVERVIEW 237
TABLE 187 AUO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 238
TABLE 188 AUO CORPORATION: PRODUCT LAUNCHES 240
TABLE 189 AUO CORPORATION: DEALS 240
TABLE 190 SONY GROUP CORPORATION: COMPANY OVERVIEW 242
TABLE 191 SONY GROUP CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 243
TABLE 192 SONY GROUP CORPORATION: PRODUCT LAUNCHES 244
TABLE 193 SONY GROUP CORPORATION: DEALS 245
TABLE 194 QISDA CORPORATION: COMPANY OVERVIEW 246
TABLE 195 QISDA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 247
TABLE 196 TCL CHINA STAR OPTOELECTRONICS TECHNOLOGY CO., LTD.:
COMPANY OVERVIEW 248
TABLE 197 TCL CHINA STAR OPTOELECTRONICS TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 249
TABLE 198 LEYARD: COMPANY OVERVIEW 250
TABLE 199 LEYARD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 250
TABLE 200 LEYARD: DEALS 251
TABLE 201 E INK HOLDINGS INC.: BUSINESS OVERVIEW 252
TABLE 202 TIANMA MICROELECTRONICS CO., LTD.: BUSINESS OVERVIEW 253
TABLE 203 UNIVERSAL DISPLAY: BUSINESS OVERVIEW 254
TABLE 204 TRULY INTERNATIONAL HOLDINGS LIMITED: BUSINESS OVERVIEW 255
TABLE 205 PANASONIC HOLDINGS CORPORATION: BUSINESS OVERVIEW 256
TABLE 206 HANNSTAR: BUSINESS OVERVIEW 257
TABLE 207 EMAGIN: BUSINESS OVERVIEW 258
TABLE 208 KOPIN CORPORATION: BUSINESS OVERVIEW 259
TABLE 209 NORITAKE ITRON CORP.: BUSINESS OVERVIEW 260
TABLE 210 JAPAN DISPLAY INC.: BUSINESS OVERVIEW 261
TABLE 211 JOLED INC.: BUSINESS OVERVIEW 262
TABLE 212 ELUX, INC.: BUSINESS OVERVIEW 263
TABLE 213 VISIONOX COMPANY: BUSINESS OVERVIEW 263
TABLE 214 WINSTAR DISPLAY CO., LTD.: BUSINESS OVERVIEW 264
TABLE 215 WISECHIP SEMICONDUCTOR INC.: BUSINESS OVERVIEW 265
LIST OF FIGURES
FIGURE 1 DISPLAY MARKET SEGMENTATION 27
FIGURE 2 DISPLAY MARKET: REGIONAL SCOPE 28
FIGURE 3 DISPLAY MARKET: RESEARCH DESIGN 32
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE) – REVENUE GENERATED BY KEY PLAYERS 37
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE) – REVENUE ESTIMATION OF KEY PLAYERS 38
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE) —BOTTOM-UP ESTIMATION BASED ON REGION 39
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 40
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 41
FIGURE 9 DATA TRIANGULATION 42
FIGURE 10 LCD SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 47
FIGURE 11 LARGE PANELS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 47
FIGURE 12 ASIA PACIFIC TO DOMINATE DISPLAY MARKET DURING FORECAST PERIOD 48
FIGURE 13 RISING DEMAND FOR OLED DISPLAYS TO FUEL MARKET GROWTH 49
FIGURE 14 CONSUMER ELECTRONICS SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 50
FIGURE 15 SMARTPHONES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 50
FIGURE 16 CANADA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD IN
DISPLAY MARKET 51
FIGURE 17 LCD AND CHINA ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 52
FIGURE 18 DISPLAY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 53
FIGURE 19 GLOBAL CUMULATIVE SALES/REGISTRATION OF NEW VEHICLES,
2019–2023 (MILLION UNITS) 55
FIGURE 20 DISPLAY MARKET DRIVERS: IMPACT ANALYSIS 57
FIGURE 21 DISPLAY MARKET RESTRAINTS: IMPACT ANALYSIS 58
FIGURE 22 DISPLAY MARKET OPPORTUNITIES: IMPACT ANALYSIS 61
FIGURE 23 DISPLAY MARKET CHALLENGES: IMPACT ANALYSIS 63
FIGURE 24 TRENDS/DISRUPTIONS INFLUENCING CUSTOMER BUSINESS 63
FIGURE 25 AVERAGE SELLING PRICE TREND OF LARGE DISPLAY PANELS OFFERED BY KEY PLAYERS, 2024 64
FIGURE 26 VALUE CHAIN ANALYSIS: DISPLAY MARKET 65
FIGURE 27 KEY PLAYERS IN DISPLAY ECOSYSTEM 67
FIGURE 28 INVESTMENT AND FUNDING SCENARIO FOR STARTUPS, 2017–2024 67
FIGURE 29 PATENTS APPLIED AND GRANTED, 2014–2023 70
FIGURE 30 IMPORT DATA FOR HS CODE 8537-COMPLIANT PRODUCTS, BY COUNTRY,
2019–2023 (USD MILLION) 72
FIGURE 31 EXPORT DATA FOR HS CODE 8537-COMPLIANT PRODUCTS, BY COUNTRY,
2019–2023 (USD MILLION) 73
FIGURE 32 DISPLAY MARKET: PORTER’S FIVE FORCES ANALYSIS 79
FIGURE 33 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE PRODUCT TYPES 81
FIGURE 34 KEY BUYING CRITERIA FOR TOP THREE PRODUCT TYPES 82
FIGURE 35 OLED SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 90
FIGURE 36 SMALL & MEDIUM-SIZED PANELS TO DOMINATE MICRO-LED MARKET DURING FORECAST PERIOD 110
FIGURE 37 MICRODISPLAYS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 121
FIGURE 38 SMARTPHONES TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 129
FIGURE 39 OLED SEGMENT TO DOMINATE SMARTPHONE DISPLAY MARKET DURING FORECAST PERIOD 131
FIGURE 40 LCD TO ACCOUNT FOR LARGEST SHARE OF DISPLAY MARKET FOR TELEVISION SETS DURING FORECAST PERIOD 133
FIGURE 41 CONSUMER ELECTRONICS SEGMENT TO DOMINATE DISPLAY MARKET DURING FORECAST PERIOD 150
FIGURE 42 MARKET SEGMENTATION, BY REGION 159
FIGURE 43 ASIA PACIFIC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 159
FIGURE 44 NORTH AMERICA: DISPLAY MARKET SNAPSHOT 162
FIGURE 45 EUROPE: DISPLAY MARKET SNAPSHOT 166
FIGURE 46 ASIA PACIFIC: DISPLAY MARKET SNAPSHOT 171
FIGURE 47 SOUTH AMERICA TO HOLD LARGEST SHARE IN ROW DURING FORECAST PERIOD 177
FIGURE 48 DISPLAY MARKET: REVENUE ANALYSIS OF KEY COMPANIES, 2019–2023 183
FIGURE 49 DISPLAY MARKET SHARE ANALYSIS, 2023 184
FIGURE 50 DISPLAY MARKET: COMPANY VALUATION, 2024 187
FIGURE 51 DISPLAY MARKET: FINANCIAL METRICS, 2023 187
FIGURE 52 DISPLAY MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 189
FIGURE 53 DISPLAY MARKET: COMPANY FOOTPRINT 191
FIGURE 54 DISPLAY MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 200
FIGURE 55 SAMSUNG DISPLAY: COMPANY SNAPSHOT 213
FIGURE 56 LG DISPLAY CO., LTD.: COMPANY SNAPSHOT 219
FIGURE 57 SHARP CORPORATION: COMPANY SNAPSHOT 223
FIGURE 58 BOE TECHNOLOGY GROUP CO., LTD.: COMPANY SNAPSHOT 228
FIGURE 59 INNOLUX CORPORATION: COMPANY SNAPSHOT 234
FIGURE 60 AUO CORPORATION: COMPANY SNAPSHOT 238
FIGURE 61 SONY GROUP CORPORATION: COMPANY SNAPSHOT 243
FIGURE 62 QISDA CORPORATION: COMPANY SNAPSHOT 247
FIGURE 63 TCL CHINA STAR OPTOELECTRONICS TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT 249
