Display Material Market Report: Trends, Forecast and Competitive Analysis to 2030

Display Material Trends and Forecast

The future of the global display material market looks promising with opportunities in the television, smartphone & tablet, signage/large format display, and smart wearable markets. The global display material market is expected to reach an estimated $42.3 billion by 2030 with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are growing demand for high-end consumer electronics, expanding use of this material in the automotive ecosystem, and rising adoption of OLED display technology.

A more than 150-page report is developed to help in your business decisions.

Display Material by Segment

The study includes a forecast for the global display material by technology, component, application, and region.

Display Material Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• LCD
• OLED

Display Material Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Polarizer
• Substrate
• Color Filter Layer
• Liquid Crystals
• Backlighting Unit
• Others

Display Material Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Television
• Smartphone & Tablet
• Signage/Large Format Display
• Smart Wearables

Display Material Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Display Material Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies display material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the display material companies profiled in this report include-

• Samsung SDI
• LG Chem
• Sumitomo Chemical
• Corning
• Nitto Denko

Display Material Market Insights

Lucintel forecasts that LCD is expected to witness the highest growth over the forecast period.

Within this market, television is expected to witness the highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Display Material Market

Market Size Estimates: Display material market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Display material market size by technology, component, application, and region in terms of value ($B).

Regional Analysis: Display material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, components, applications, and regions for the display material market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the display material market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the display material market size?

Answer: The global display material market is expected to reach an estimated $42.3 billion by 2030.

Q2. What is the growth forecast for display material market?

Answer: The global display material market is expected to grow with a CAGR of 3.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the display material market?

Answer: The major drivers for this market are growing demand for high-end consumer electronics, expanding use of this material in the automotive ecosystem, and rising adoption of OLED display technology.

Q4. What are the major segments for display material market?

Answer: The future of the display material market looks promising with opportunities in the television, smartphone & tablet, signage/large format display, and smart wearable markets.

Q5. Who are the key display material market companies?

Answer: Some of the key display material companies are as follows:

• Samsung SDI
• LG Chem
• Sumitomo Chemical
• Corning
• Nitto Denko

Q6. Which display material market segment will be the largest in future?

Answer: Lucintel forecasts that LCD is expected to witness the highest growth over the forecast period.

Q7. In display material market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the display material market by technology (LCD and OLED), component (polarizer, substrate, color filter layer, liquid crystals, backlighting unit, and others), application (television, smartphone & tablet, signage/large format display, and smart wearables), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?