IPS Display Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Price Range, By End User By Region, By Competition, 2020-2030F

Description

The Global IPS Display Market, valued at USD 62.91 Billion in 2024, is projected to experience a CAGR of 7.11% to reach USD 94.99 Billion by 2030. In-Plane Switching (IPS) display technology is a form of liquid crystal display (LCD) panel that is distinguished by its superior color reproduction, broad viewing angles, and consistent image quality. The global IPS display market is primarily driven by the escalating demand for high-quality visual experiences across diverse applications, including consumer electronics, professional monitors, and automotive infotainment systems. This demand is underpinned by the inherent advantages of IPS technology, which provides critical visual fidelity for tasks such as graphic design, content creation, and immersive gaming.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 62.91 Billion
Market Size 2030	USD 94.99 Billion
CAGR 2025-2030	7.11%
Fastest Growing Segment	Consumer Electronics
Largest Market	Asia Pacific

Key Market Drivers

The global IPS display market is significantly propelled by the increasing demand for high-quality visual experiences across diverse applications. Consumers and professionals alike now expect superior color reproduction, broad viewing angles, and consistent image fidelity, driving the adoption of advanced display technologies. This is particularly evident in the automotive sector, where sophisticated infotainment systems and digital cockpits require displays offering both aesthetic appeal and critical functionality. According to The DigiTimes, in an October 23, 2024, article titled "AUO rises to top three in automotive displays following BHTC acquisition", more than half of all automotive display shipments now feature screens over 10 inches, underscoring the clear market shift towards larger, more immersive visual interfaces in vehicles.

Key Market Challenges

The primary challenge impeding the growth of the Global IPS Display Market is the significant progress of alternative display technologies. Organic Light Emitting Diode (OLED) and Mini-LED technologies are increasingly capturing market share, particularly in premium segments, by offering distinct performance advantages such as enhanced contrast, true blacks, and superior energy efficiency. This directly impacts IPS market expansion as consumers and manufacturers gravitate towards these advanced solutions for high-end applications, including smartphones, televisions, and professional monitors. According to the Korea Display Industry Association (KDIA), the global OLED market reached approximately $42,828 million in 2023 and grew to around $44,017 million in 2024, indicating substantial market presence and competitive pressure.

Key Market Trends

A significant trend shaping the Global IPS Display Market is the integration of Mini-LED backlighting. This technology enhances IPS panels by enabling precise local dimming and higher contrast ratios, bringing performance closer to OLED displays while leveraging LCD's established production infrastructure. According to SEMI, global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a new industry record of $125.5 billion in 2025, marking a 7.4% year-on-year increase, reflecting the substantial investment underpinning advanced display technologies like Mini-LED backlighting. This investment facilitates the production capabilities for innovative IPS products.

Key Market Players

LG Display Co., Ltd
Samsung Display Co., Ltd
AU Optronics Corporation
Japan Display Inc
Innolux Corporation
BOE Technology Group Co., Ltd
Sharp Corporation
Visionox Technology Inc
Tianma Microelectronics Co., Ltd
Truly International Holdings Limited

Report Scope:

In this report, the Global IPS Display Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

IPS Display Market, By Type:

In-Plane Switching (IPS) LCD.
Advanced Super In-Plane Switching (AS-IPS) LCD.
Enhanced Super In-Plane Switching (e-IPS) LCD.

IPS Display Market, By Price Range:

Entry-level IPS Displays
Mid-range IPS Displays
High-end IPS Displays

IPS Display Market, By End User:

Consumer Electronics
Healthcare and Medical
Automotive
Gaming
Retail and Hospitality

IPS Display Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global IPS Display Market.

Available Customizations:

Global IPS Display Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global IPS Display Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (In-Plane Switching (IPS) LCD., Advanced Super In-Plane Switching (AS-IPS) LCD., Enhanced Super In-Plane Switching (e-IPS) LCD.)
- 5.2.2. By Price Range (Entry-level IPS Displays, Mid-range IPS Displays, High-end IPS Displays)
- 5.2.3. By End User (Consumer Electronics, Healthcare and Medical, Automotive, Gaming, Retail and Hospitality)
- 5.2.4. By Region
- 5.2.5. By Company (2024)
5.3. Market Map

6. North America IPS Display Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Price Range
- 6.2.3. By End User
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States IPS Display Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By Price Range
    - 6.3.1.2.3. By End User
- 6.3.2. Canada IPS Display Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By Price Range
    - 6.3.2.2.3. By End User
- 6.3.3. Mexico IPS Display Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By Price Range
    - 6.3.3.2.3. By End User

7. Europe IPS Display Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Price Range
- 7.2.3. By End User
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany IPS Display Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By Price Range
    - 7.3.1.2.3. By End User
- 7.3.2. France IPS Display Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By Price Range
    - 7.3.2.2.3. By End User
- 7.3.3. United Kingdom IPS Display Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By Price Range
    - 7.3.3.2.3. By End User
- 7.3.4. Italy IPS Display Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By Price Range
    - 7.3.4.2.3. By End User
- 7.3.5. Spain IPS Display Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By Price Range
    - 7.3.5.2.3. By End User

8. Asia Pacific IPS Display Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Price Range
- 8.2.3. By End User
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China IPS Display Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By Price Range
    - 8.3.1.2.3. By End User
- 8.3.2. India IPS Display Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By Price Range
    - 8.3.2.2.3. By End User
- 8.3.3. Japan IPS Display Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By Price Range
    - 8.3.3.2.3. By End User
- 8.3.4. South Korea IPS Display Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By Price Range
    - 8.3.4.2.3. By End User
- 8.3.5. Australia IPS Display Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By Price Range
    - 8.3.5.2.3. By End User

9. Middle East & Africa IPS Display Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Price Range
- 9.2.3. By End User
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia IPS Display Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By Price Range
    - 9.3.1.2.3. By End User
- 9.3.2. UAE IPS Display Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By Price Range
    - 9.3.2.2.3. By End User
- 9.3.3. South Africa IPS Display Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By Price Range
    - 9.3.3.2.3. By End User

10. South America IPS Display Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Price Range
- 10.2.3. By End User
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil IPS Display Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By Price Range
    - 10.3.1.2.3. By End User
- 10.3.2. Colombia IPS Display Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By Price Range
    - 10.3.2.2.3. By End User
- 10.3.3. Argentina IPS Display Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By Price Range
    - 10.3.3.2.3. By End User

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global IPS Display Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. LG Display Co., Ltd
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Samsung Display Co., Ltd
15.3. AU Optronics Corporation
15.4. Japan Display Inc
15.5. Innolux Corporation
15.6. BOE Technology Group Co., Ltd
15.7. Sharp Corporation
15.8. Visionox Technology Inc
15.9. Tianma Microelectronics Co., Ltd
15.10. Truly International Holdings Limited