Global Flat Panel Display Market 2023-2030

Description

List of Tables

Title: Global Flat Panel Display Market Size, Share & Trends Analysis Report Market by Technology Type ((Organic Light-Emitting Diode) OLED, Quantum Dot, (Active-Matrix Organic Light-Emitting Diode) AMOLED, (Light Emitting Diode) LED, (Liquid crystal Display) LCD, and Others), by Application (Smartphone & Tablet, Smart Wearable, Television and Digital Signage, PC & Laptop, Vehicle Display, and Other Applications), and by End Users (Healthcare, Retail, BFSI, Military & Defense, Automotive, and Others)Forecast Period (2023-2030).

The global flat panel display market is anticipated to grow at a considerable 5.9% during the forecast period. A flat panel display is an electronic device used to project information such as words, videos, photos, and other visual content. Compared to a standard cathode ray tube television, it is much lighter and thinner. Panel displays are used in a number of business sectors, including consumer electronics, retail, sports & entertainment, and transportation. FPDs(Flat Panel Displays) offer high pixel resolution, enhanced contrast settings, and lower power consumption.

The major drivers contributing to the growth of the market are extended growth in demand for high-quality images, and improved saturation from a variety of industries, particularly the Healthcare industry after the COVID-19 pandemic. For instance, the growing demand for display-based medical equipment due to the COVID-19 pandemic, which includes ventilators and respirators, is one of the key driving factors for the flat panel display market. Other factors like, new innovations, PHANTOM V Fold, the first foldable smartphone, were launched by TECNO, a pioneer in the electronics sector, on February 28 at MWC Barcelona 2023. The cutting-edge flagship screen on this gadget was collaboratively created by TECNO and TCL CSOT, the market pioneer in cutting-edge display technology.

High Cost of new display technologies are restraining the global Flat Panel market growth, because of their complicated design, the most recent display technologies, such as transparent displays and quantum dot displays, are quite expensive. As a result, the majority of the most advanced display technologies are only available in high-end devices that are prohibitively expensive. This factor is expected to limit the market's growth.

Segmental Outlook

The global flat panel display market is segmented by technology type, application, and end user. By technology type, the market is segmented into OLED, Quantum Dot, AMOLED, LED, LCD, and others (FED, Micro Display, ELD). By application, the market is sub-segmented into smartphones and tablets, smart wearables, television and digital signage, PCs and laptops, vehicle displays, and other applications. By end users, the market is sub-segmented into healthcare, retail, BFSI, military and defense, automotive, and others.

OLED Display Devices in Smartphones and Tablets is anticipated to Hold a significant market share during the forecast period

Organic LEDs are a very new sort of display technology that eliminates the need for additional illumination. This allows for thinner display panels than other technologies used in display devices. It is commonly employed in smartphones with OLED screens, which are becoming increasingly popular. Apple, Oppo, Vivo, LG, and Xiaomi have all begun to use OLED panels in recent years. For instance, according to the industry in April 2023, it was found that Samsung Display will expand the organic light emitting diode (OLED) material set M12 to all four Apple iPhone 15 series scheduled to be released in the second half of the year. Furthermore, under low-light ambient settings, an OLED may attain a better contrast ratio than other technologies.

Regional outlooks

The global flat panel display market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). Among these, the market in Asia Pacific is estimated to witness an impressive growth rate in the flat panel display market during forecast period. Because of the increasing industrialization, rapid urbanization, and access to low-cost raw resources are assumed to drive market growth in the region.

North America Region is Anticipated to Dominate the Global Flat Panel Display market

Due to the early adoption of cutting-edge technologies and the increasing sales of flat panel displays in the corporate sector, north America region dominate the market share of flat panel displays. Owing to which the established major market players such as Emerging Display Technologies Corp., NEC Corp. are focusing heavily on rising R&D. For instance, in June 2023, Tohoku University and NEC started joint research on computer systems using a newly developed 8-qubit quantum annealing machine to upgrade and enhance their product offerings in order to increase their market share and solidify their market positions can be credited with the market's rise. Furthermore, in November 2023, LG Showcase Radiology, Diagnostic and Surgery Displays at RSNA22 LG Business Solutions USA showcase its broad line of medical review monitors and digital X-ray detectors, as well as LG gram laptops and digital signage displays, at the annual conference of the Radiological Society of North America, RSNA 2022. In addition, the region's expanding production and sales of electronic goods are anticipated to fuel market expansion.

Market Players Outlook

The major companies serving the global flat panel display market include Sony Corp., Japan Display Inc., LG Display Co., Samsung Electronics Co. ltd., Panasonic Corp., Crystal Display Systems ltd., NEC Corp., and Sharp Corp. among others. The market players are considerably contributing to the market growth by the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in August 2023, Sony launched professional bravia 4k hdr displays in india. According to the company, new launches are aimed at meeting the needs of commercial environment and good picture quality and better compatibility. Sharp launched the new massive 8K Ultra-HD professional LCD in November'2020.

The Report Covers:

Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global flat panel display market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.

Product Code: OMR2027645

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
3.2. Apple Inc.
- 3.2.1. Overview
- 3.2.2. Financial Analysis
- 3.2.3. SWOT Analysis
- 3.2.4. Recent Developments
3.3. Japan Display Inc.
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
3.4. LG DISPLAY CO. LTD.
- 3.4.1. Overview
- 3.4.2. Financial Analysis
- 3.4.3. SWOT Analysis
- 3.4.4. Recent Developments
3.5. Samsung Electronics Co. Ltd.
- 3.5.1. Overview
- 3.5.2. Financial Analysis
- 3.5.3. SWOT Analysis
- 3.5.4. Recent Developments
3.6. Sharp Corp.
- 3.6.1. Overview
- 3.6.2. Financial Analysis
- 3.6.3. SWOT Analysis
- 3.6.4. Recent Developments
3.7. Panasonic Holdings Corp.
- 3.7.1. Overview
- 3.7.2. Financial Analysis
- 3.7.3. SWOT Analysis
- 3.7.4. Recent Developments
3.8. Key Strategy Analysis

4. Market Segmentation

4.1. Global Flat Panel Display Market by Technology Type
- 4.1.1. Organic Light-Emitting Diode Display (OLED)
- 4.1.2. Quantum Dot
- 4.1.3. AMOLED
- 4.1.4. Light Emitting Diode (LED)
- 4.1.5. Liquid Crystal Display (LCD)
- 4.1.6. Others (FED, MicroDisplay, ELD)
4.2. Global Flat Panel Display Market by Application
- 4.2.1. Smartphone & Tablet
- 4.2.2. Smart Wearable
- 4.2.3. Television and Digital Signage
- 4.2.4. Personal Computer (PC) & Laptop
- 4.2.5. Vehicle Display
- 4.2.6. Other Applications
4.3. Global Flat Panel Display Market by End Users
- 4.3.1. Healthcare
- 4.3.2. Retail
- 4.3.3. BFSI
- 4.3.4. Military & Defense
- 4.3.5. Automotive
- 4.3.6. Others (Entertainment and Aviation)

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. ASUSTeK Computer Inc.
6.2. Atmel Corp.
6.3. BOE Technology
6.4. CASIO COMPUTER CO., LTD.
6.5. Chunghwa Picture Tubes, Ltd.
6.6. Clover Display LTD.
6.7. CRYSTAL DISPLAY SYSTEMS LTD.
6.8. Desintron UK Ltd.
6.9. E INK HOLDINGS INC.
6.10. Emerging Display Technologies Corp.
6.11. Innolux Corp.
6.12. JAPAN DISPLAY INC.
6.13. Koninklijke Philips N.V.
6.14. LG Display Co. ltd.
6.15. NEC CORP.
6.16. Optronics Corp.
6.17. Quixant PLC (Densitron Technologies Plc.)
6.18. Toshiba Corp.
6.19. Universal Display Corp.