PUBLISHER: IMARC | PRODUCT CODE: 1729281
PUBLISHER: IMARC | PRODUCT CODE: 1729281
The Japan display market size reached USD 10.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 14.3 Billion by 2033, exhibiting a growth rate (CAGR) of 3.72% during 2025-2033. The increasing demand for high-quality displays in various industries, imposition of supportive policies and investment by the Government of Japan, rising adoption of eco-friendly and energy-efficient products, and increasing utilization of next-generation technologies represent some of the key factors driving the market.
A display is a type of electronic visual interface that presents information, images, and video to the viewer. It encompasses various types, including liquid crystal displays (LCDs), organic light emitting diode (OLED) displays, light emitting diode (LED) displays, quantum dot LED (QLED) displays, and more. The materials used in the production of displays generally consist of glass, plastic substrates, organic compounds, crystals, and several other conductive and non-conductive components. Its manufacturing process involves layering, patterning, aligning, and assembling components. Displays find extensive applications across a multitude of sectors, including television, computer monitors, mobile devices, digital signage, automotive, healthcare, entertainment, education, industrial controls, aerospace, defense, and retail. They offer high resolution, energy efficiency, adaptability, interactive features, aesthetic appeal, enhanced user experience, and support for three-dimensional (3D) visualization. In addition, displays are reliable, durable, and cost-effective products that provide numerous advantages, including lightweight nature, diverse sizes, versatility in design, wide viewing angles, touch capability, high color accuracy, compatibility with various technologies, and environmental friendliness.
Japan's strong technological innovation capabilities, which are facilitating the development of advanced display technologies, are propelling the market growth. Besides this, the increasing demand for high-quality displays in various industries, such as automotive and healthcare, is fueling the market growth. Furthermore, the imposition of supportive policies and investments by the Government of Japan in research and development (R&D) is positively influencing the market growth. Additionally, the growing product demand owing to the rapid proliferation of consumer electronics, such as smartphones, tablets, laptops, wearables, and personal computers (PC), is contributing to the market growth. Apart from this, the rising adoption of eco-friendly and energy-saving products, which aligns with the ongoing sustainability trend, is boosting the market growth. Moreover, Japan's strategic collaborations with other technology-driven countries, coupled with the presence of leading display manufacturers, are strengthening the market growth. Apart from this, the increasing adoption of next-generation technologies, such as fifth-generation (5G) communication, which requires advanced displays, is catalyzing the market growth. Along with this, the emergence of virtual reality (VR), artificial intelligence (AI), augmented reality (AR), and the Internet of Things (IoT), which necessitates high-performance displays, is acting as another growth-inducing factor. Furthermore, the rapid expansion of e-commerce and online retail channels, which have improved user convenience and accessibility to various display products from numerous brands at competitive prices, is supporting the market growth. Other factors, including growing consumer expenditure capacities, increasing investment in developing advanced products, and the rising product utilization in military applications, are anticipated to drive the market growth.