Display Market- Global Segments and Forecast upto 2023

2024-11-08 03:30:45 News & Society

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The global display market has shown remarkable progress in recent years and is also showing attractive market potential for the future. The market has a huge share in smartphones and related applications and is expected to be the major technology for TV, smartphones, and relevant applications. North America holds majority of the market share and is followed by Europe and the Asia-Pacific regions.

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The global display market is segmented into three major categories, on the basis of types into: flexible, transparent, 3D and conventional, on the basis of technology into: OLED, LCD, LED, e-Paper, Lcos, DLP, and Plasma. It is also segmented by applications into home appliances, automotive, healthcare, industrial, consumer appliances, and others. The market can be further segmented into North America, Asia-Pacific, Europe, and the Rest of the World.

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The global display market is driven by factors such as the growing consumer goods industry and improved image quality. The declining prices, the emerging gaming industry, and 3D cinema will also act as drivers for the global display market. Some of the factors holding back the growth of the display market are growing manufacturing challenges and the rising competition in technologies. The penetration in multiple applications will serve as an opportunity, fuelling the growth of this market.

Some of the major players in this industry are AU Optronics, Atmel Corporation, Epson, GE, Kent Displays, Inc., Mitsubishi Electric Corporation, Panasonic Corporation, Samsung, Sony Corporation, Corning Incorporated, Fujitsu Limited, Toshiba Corporation, Dupont Display, Sharp Corporation, Universal Display Corporation, Cambridge Display Technology Ltd., Hewlett-Packard Company, LG Display Co. Ltd., and NEC Display Solutions.

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