PUBLISHER: Persistence Market Research | PRODUCT CODE: 1607943
PUBLISHER: Persistence Market Research | PRODUCT CODE: 1607943
Display Device Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031
Persistence Market Research has recently released a comprehensive report on the global Display Device Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This report offers a detailed understanding of the market landscape, helping stakeholders make well-informed decisions.
Key Insights:
- Display Device Market Size (2024E): USD 161.3 Bn
- Projected Market Value (2031F): USD 231.6 Bn
- Global Market Growth Rate (CAGR 2024 to 2031): 5.3%
Display Device Market - Report Scope:
The Display Device market includes a variety of technologies such as LCD, LED, OLED, and AMOLED, catering to different applications such as TVs, mobile phones, monitors, and automotive displays. The market is driven by increasing demand for high-quality visual experiences, advancements in display technologies, and the growing use of display devices across industries. Innovations in display types like electronic paper and laser TVs are further expanding the market's growth potential. As consumer and enterprise demand for superior visual content increases, the need for advanced display devices is expected to grow consistently.
Market Growth Drivers:
Several factors are propelling the growth of the global Display Device market, including increasing consumer interest in high-resolution displays, the rise of smart TVs, and advancements in mobile phone technology. The demand for OLED and AMOLED displays for premium mobile phones, along with the growing need for better TV viewing experiences, is also pushing the market forward. Additionally, industries such as automotive and large enterprises are incorporating advanced display devices into their systems for enhanced user experience and operational efficiency. The trend toward ultra-thin, flexible, and energy-efficient display technologies is another major driver of market growth.
Market Restraints:
Despite the market's growth potential, challenges such as high production costs associated with advanced display technologies and competition from low-cost alternatives can limit adoption. Issues related to the limited lifespan of OLED and AMOLED screens and concerns about screen burn-ins are also constraining the market. Additionally, fluctuations in the raw material supply chain and challenges in scaling up production for emerging display types, like electronic paper and laser TVs, can affect market stability.
Market Opportunities:
The global Display Device market presents significant growth opportunities, especially with the increasing integration of display technologies in new applications such as automotive infotainment systems and interactive kiosks. The development of flexible and foldable screens for mobile devices, as well as advancements in AR/VR displays, provides new avenues for expansion. Innovations in energy-efficient displays and the growing demand for large-format displays in commercial and industrial applications are further expected to contribute to the market's growth. Strategic collaborations with tech companies and enhanced product offerings will create new growth channels for market players.
Key Questions Answered in the Report:
- What are the key factors driving the global growth of the Display Device market?
- Which display types are in highest demand across different regions?
- How are technological advancements influencing the competitive landscape of the Display Device market?
- Who are the leading players in the global Display Device market, and what strategies are they employing to maintain their market positions?
- What are the emerging trends and future prospects in the global Display Device market?
Competitive Intelligence and Business Strategy:
Leading companies in the global Display Device market, including Apple, Samsung, Panasonic, LG, Toshiba, Hisense, Sony, TCL Corporation, Sharp, and Skyworth, are focusing on product innovation, brand differentiation, and strategic partnerships to maintain a competitive edge. These companies are investing heavily in R&D to develop advanced display technologies, such as flexible displays and high-definition resolutions, to meet growing consumer demand. Expanding production capacity and creating cost-effective solutions for emerging markets are also key strategies for gaining market share. Collaborative ventures with automotive manufacturers and enterprise clients for integrated display solutions are further driving their market positions.
Key Companies Profiled:
- Apple
- Samsung
- Panasonic
- LG
- Toshiba
- Hisense
- Sony
- TCL Corporation
- Sharp
- Skyworth
Display Device Industry Research by Category:
By Display Type:
- LCD
- LED
- OLED
- AMOLED
- Others (Electronic Paper, Laser TV, etc.)
By Applications:
- TV
- Mobile Phones
- Monitors
- Tablet
- Mobile PC
- Automotive
- Others
By End-User:
- Residential
- Large Enterprises
- Small and Medium Enterprises (SMEs)
By Region:
- North America
- Latin America
- Europe
- Japan
- APEJ (Asia Pacific Excluding Japan)
- MEA (Middle East & Africa)
Table of Contents
1. Global Economic Outlook
2. Global Display Device Market - Executive Summary
3. Global Display Device Market Overview
- 3.1. Introduction
- 3.1.1. Global Display Device Market Taxonomy
- 3.1.2. Global Display Device Market Definition
- 3.2. Global Display Device Market Size (US$ Bn) and Forecast, 2024-2031
- 3.2.1. Global Display Device Market Y-o-Y Growth
- 3.3. Global Display Device Market Dynamics
- 3.4. Supply Chain
- 3.5. List of Distributors
- 3.6. Technology Roadmap
- 3.7. Pricing Analysis
- 3.8. Global Smartphone subscribers (Bn) by Region, 2024
- 3.9. PEST Analysis
- 3.10. PLC Graph
- 3.11. Porter's Five Forces
- 3.12. Global Top 10 Electronic Products Exporting Countries
- 3.13. Key Participants Market Presence (Intensity Map) By Region
4. Global Display Device Market Analysis and Forecast 2024-2031
- 4.1. Global Display Device Market Size and Forecast By Display Type, 2024-2031
- 4.1.1. LCD Market Size and Forecast, 2024-2031
- 4.1.1.1. Revenue (US$ Bn) Comparison, By Region
- 4.1.1.2. Market Share Comparison, By Region
- 4.1.1.3. Y-o-Y growth Comparison, By Region
- 4.1.2. LED Market Size and Forecast, 2024-2031
- 4.1.2.1. Revenue (US$ Bn) Comparison, By Region
- 4.1.2.2. Market Share Comparison, By Region
- 4.1.2.3. Y-o-Y growth Comparison, By Region
- 4.1.3. OLED Market Size and Forecast, 2024-2031
- 4.1.3.1. Revenue (US$ Bn) Comparison, By Region
- 4.1.3.2. Market Share Comparison, By Region
- 4.1.3.3. Y-o-Y growth Comparison, By Region
- 4.1.4. AMOLED Market Size and Forecast, 2024-2031
- 4.1.4.1. Revenue (US$ Bn) Comparison, By Region
- 4.1.4.2. Market Share Comparison, By Region
- 4.1.4.3. Y-o-Y growth Comparison, By Region
- 4.1.5. Others (Electronic Paper, Laser TV, etc.) Market Size and Forecast, 2024-2031
- 4.1.5.1. Revenue (US$ Bn) Comparison, By Region
- 4.1.5.2. Market Share Comparison, By Region
- 4.1.5.3. Y-o-Y growth Comparison, By Region
- 4.1.1. LCD Market Size and Forecast, 2024-2031
- 4.2. Global Display Device Market Size and Forecast By Applications, 2024-2031
- 4.2.1. TV Market Size and Forecast, 2024-2031
- 4.2.1.1. Revenue (US$ Bn) Comparison, By Region
- 4.2.1.2. Market Share Comparison, By Region
- 4.2.1.3. Y-o-Y growth Comparison, By Region
- 4.2.2. Mobile Phones Market Size and Forecast, 2024-2031
- 4.2.2.1. Revenue (US$ Bn) Comparison, By Region
- 4.2.2.2. Market Share Comparison, By Region
- 4.2.2.3. Y-o-Y growth Comparison, By Region
- 4.2.3. Tablet Market Size and Forecast, 2024-2031
- 4.2.3.1. Revenue (US$ Bn) Comparison, By Region
- 4.2.3.2. Market Share Comparison, By Region
- 4.2.3.3. Y-o-Y growth Comparison, By Region
- 4.2.4. Tablet Market Size and Forecast, 2024-2031
- 4.2.4.1. Revenue (US$ Bn) Comparison, By Region
- 4.2.4.2. Market Share Comparison, By Region
- 4.2.4.3. Y-o-Y growth Comparison, By Region
- 4.2.5. Mobile PC Market Size and Forecast, 2024-2031
- 4.2.5.1. Revenue (US$ Bn) Comparison, By Region
- 4.2.5.2. Market Share Comparison, By Region
- 4.2.5.3. Y-o-Y growth Comparison, By Region
- 4.2.6. Automotive Market Size and Forecast, 2024-2031
- 4.2.6.1. Revenue (US$ Bn) Comparison, By Region
- 4.2.6.2. Market Share Comparison, By Region
- 4.2.6.3. Y-o-Y growth Comparison, By Region
- 4.2.7. Others Market Size and Forecast, 2024-2031
- 4.2.7.1. Revenue (US$ Bn) Comparison, By Region
- 4.2.7.2. Market Share Comparison, By Region
- 4.2.7.3. Y-o-Y growth Comparison, By Region
- 4.2.1. TV Market Size and Forecast, 2024-2031
- 4.3. Global Display Device Market Size and Forecast By End-User, 2024-2031
- 4.3.1. Residential Market Size and Forecast, 2024-2031
- 4.3.1.1. Revenue (US$ Bn) Comparison, By Region
- 4.3.1.2. Market Share Comparison, By Region
- 4.3.1.3. Y-o-Y growth Comparison, By Region
- 4.3.2. Large Enterprises Market Size and Forecast, 2024-2031
- 4.3.2.1. Revenue (US$ Bn) Comparison, By Region
- 4.3.2.2. Market Share Comparison, By Region
- 4.3.2.3. Y-o-Y growth Comparison, By Region
- 4.3.3. Small Medium Enterprises Market Size and Forecast, 2024-2031
- 4.3.3.1. Revenue (US$ Bn) Comparison, By Region
- 4.3.3.2. Market Share Comparison, By Region
- 4.3.3.3. Y-o-Y growth Comparison, By Region
- 4.3.1. Residential Market Size and Forecast, 2024-2031
5. North America Display Device Market Size and Forecast, 2024-2031
- 5.1. North America Outlook
- 5.2. North Electronics Market Outlook
- 5.3. North Display Devices Market Outlook
- 5.4. Revenue (US$ Bn) Comparison, By Country
- 5.5. Revenue (US$ Bn) Comparison, By Display Type
- 5.6. Revenue (US$ Bn) Comparison, By Applications
- 5.7. Revenue (US$ Bn) Comparison, By End-User
6. Latin America Display Device Market Size and Forecast, 2024-2031
- 6.1. Latin America Outlook
- 6.2. Latin Electronics Market Outlook
- 6.3. Latin Display Devices Market Outlook
- 6.4. Revenue (US$ Bn) Comparison, By Country
- 6.5. Revenue (US$ Bn) Comparison, By Display Type
- 6.6. Revenue (US$ Bn) Comparison, By Applications
- 6.7. Revenue (US$ Bn) Comparison, By End-User
7. Europe Display Device Market Size and Forecast, 2024-2031
- 7.1. Europe Outlook
- 7.2. Europe Electronics Market Outlook
- 7.3. Europe Display Devices Market Outlook
- 7.4. Revenue (US$ Bn) Comparison, By Country
- 7.5. Revenue (US$ Bn) Comparison, By Display Type
- 7.6. Revenue (US$ Bn) Comparison, By Applications
- 7.7. Revenue (US$ Bn) Comparison, By End-User
8. Japan Display Device Market Size and Forecast, 2024-2031
- 8.1. Japan Outlook
- 8.2. Japan Electronics Market Outlook
- 8.3. Japan Display Devices Market Outlook
- 8.4. Revenue (US$ Bn) Comparison, By Country
- 8.5. Revenue (US$ Bn) Comparison, By Display Type
- 8.6. Revenue (US$ Bn) Comparison, By Applications
- 8.7. Revenue (US$ Bn) Comparison, By End-User
9. APEJ Display Device Market Size and Forecast, 2024-2031
- 9.1. APEJ Outlook
- 9.2. APEJ ICT Market Outlook
- 9.3. APEJ Display Devices Market Outlook
- 9.4. Revenue (US$ Bn) Comparison, By Country
- 9.5. Revenue (US$ Bn) Comparison, By Display Type
- 9.6. Revenue (US$ Bn) Comparison, By Applications
- 9.7. Revenue (US$ Bn) Comparison, By End-User
10. MEA Display Device Market Size and Forecast, 2024-2031
- 10.1. MEA Outlook
- 10.2. MEA ICT Market Outlook
- 10.3. MEA Display Devices Market Outlook
- 10.4. Revenue (US$ Bn) Comparison, By Country
- 10.5. Revenue (US$ Bn) Comparison, By Display Type
- 10.6. Revenue (US$ Bn) Comparison, By Applications
- 10.7. Revenue (US$ Bn) Comparison, By End-User
11. Global Display Device Market Company Share, Competition Landscape and Company Profiles
- 11.1. Company Share Analysis
- 11.2. Competition Landscape
- 11.3. Company Profiles
- 11.3.1. Samsung Display Co., Ltd.
- 11.3.2. LG Display Co., Ltd.
- 11.3.4. Panasonic Corporation
- 11.3.5. Toshiba Corporation
- 11.3.6. Sony Corporation
- 11.3.7. HISENSE ELECTRIC CO.,LTD.
- 11.3.8. BenQ Corporation
- 11.3.9. TCL Corporation
- 11.3.10. Skyworth Electronics Pvt. Ltd.
12. Research Methodology
13. Secondary and Primary Sources
14. Assumptions and Acronyms
15. Disclaimer
