Allied Market Research published a report, titled, “Flat Panel Display Market by Technology (OLED, Quantum Dot, LED, LCD, and Others), Application (Smartphone & Tablet, Smart Wearable, Television & Digital Signage, PC & Laptop, Vehicle Display, and Others), and Industry Vertical (Healthcare, Retail, BFSI, Military & Defense, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026.” The report provides a detailed analysis of the drivers & opportunities, wavering market trends, competitive market scenario, and market size & estimates. As per the report, the global flat panel display industry was estimated at $116.80 billion in 2018 and is expected to hit $189.60 billion by 2026, registering a CAGR of 6.10% during 2019–2026.
The emergence of advanced technologies offers enhanced visualizations in several industry verticals, which include consumer electronics, retail, sports & entertainment, transportation, and others. Also, flexible flat panel display technologies witness popularity at a high pace. In addition, display technologies, such OLED, have gained increased importance in products such as televisions, smart wearables, smartphones, and other devices. Moreover, smartphone manufacturers plan to incorporate flexible OLED displays to attract consumers. Furthermore, the flat panel display market is also in the process of producing energy saving devices, primarily in wearable devices.
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The major factors that drive the flat panel display market include growth in vehicle display technology in the automotive sector, increase in demand for OLED display devices in smartphones and tablets, and rise in adoption of interactive touch-based devices in the education sector. However, high cost of latest display technologies such as transparent display and quantum dot displays, and stagnant growth of desktop PCs, notebooks, and tablets hinder the flat panel display market growth. Furthermore, upcoming applications in flexible flat panel display devices are expected to create lucrative growth opportunities for the global flat panel display market.
TOP IMPACTING FACTORS
The significant impacting factors in the global flat panel display industry include high demand for vehicle display technology in the 0automotive sector, Increase in demand for OLED display devices in smartphones and tablets, Rise in adoption of interactive touch-based devices in education sector, high cost of new display technologies, stagnant growth of desktop PCs, notebook, and tablets, surge in adoption of flexible flat panel display. Each of these factors is anticipated to have a definite impact on the flat panel display market size during the forecast period.
High demand for vehicle display technology in the automotive sector
Increase in demand for OLED display devices in smartphones and tablets
Rise in adoption of interactive touch-based devices in the education sector
High cost of new display technologies
Increase in adoption of flexible flat panel display
Key Benefits for Flat Panel Display Market:
- This study comprises an analytical depiction of the global flat panel display market share with current trends and future estimations to depict the imminent investment pockets.
- The overall flat panel display market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The flat panel display market report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The global flat panel display market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
- Porter’s Five Forces analysis illustrates the potency of the buyers and suppliers in the flat panel display industry.
- The report includes the flat panel display market share of key vendors and flat panel display market trends.
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Flat Panel Display Market Report Highlights
| Aspects | Details |
|---|---|
| By Technology | OLEDQuantum DotLEDLCDOthers |
| By Application | Smartphone & TabletSmart WearableTelevision and Digital SignagePC & LaptopVehicle DisplayOthers |
| By Industry Vertical | HealthcareRetailBFSIMilitary & DefenseAutomotiveOthers |
| By Region | North America (U.S., Canada, Mexico)Europe (UK, Germany, France, Italy, Rest of Europe)Asia-Pacific (China, India, Japan, Australia, Rest of Asia-Pacific)LAMEA (Latin America, Middle East, Africa) |
| Key Market Players | AU OPTRONICS CORP., CRYSTAL DISPLAY SYSTEMS LTD, E INK HOLDINGS INC, JAPAN DISPLAY INC., LG DISPLAY, NEC CORPORATION, PANASONIC CORPORATION, SAMSUNG ELECTRONICS CO. LTD., SONY CORPORATION, SHARP CORPORATION |
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