Press Releases

The global display market is anticipated to grow at a 4% CAGR during the forecast period 2022-2028. Flexible display technologies, increased demand for touch-based devices, and integration of electronics components in automotive industry is gaining prominence at a rapid pace. Moreover, display technologies like organic light-emitting diode (OLED) have gone mainstream in products like televisions, smartphones, smart wearables, and other devices. Additionally, smartphone manufacturers intend to incorporate flexible OLED displays in order to attract customers. Furthermore, rapid urbanization, rising disposable income, increased demand for digitized promotions to attract the target audience, and advent of innovative products like home monitoring systems, leak detector systems, etc. will proliferate the market growth for the global display industry. Nevertheless, the increased adoption of foldable and flexible displays and mounting demand for Micro-LED and mini-LED will create positive market avenues for the global display industry.

In May 2022, BOE, a prominent global display industry leader, unveiled a slew of technologies and products under its technology brands of ADS Pro, f-OLED, and α-MLED, as well as cutting-edge applications such as metaverse, glasses-free 3D, and smart cabin. These trailblazing exhibits displayed a technological extravaganza, setting the trend for the display industry, which is working to make displays "ubiquitous."

The negative impact of the COVID-19 outbreak on several major industries like retail, transportation, automotive, etc. has hindered the market growth for the global display market.

Browse 75 market data Tables and 45 Figures spread through 200 Pages and in-depth TOC on " Display Market by Device Type (Fixed Device and Portable Device), by Device Deployment (Embedded and Standalone), by Technology (OLED, Quantum Dots, LED, E-Paper, LCD, and Others),  by Application (Smartphone & Tablet, Television & Digital Signage, Smart Wearable, Vehicle Display, PC & Laptop, and Others), by Industry Vertical (Consumer Electronics, Automotive, Sports & Entertainment, Transportation, Retail, Hospitality, and BFSI, Industrial & Enterprise, Education, Healthcare, Defense & Aerospace, and Others), and Region - Global Forecast to 2028"

By technology, OLED is anticipated to have significant growth during the forecast period.

Based on technology, the global display industry is segregated into OLED, Quantum Dots, LED, E-Paper, LCD, and Others. OLED panels provide features such as low power consumption, which includes battery energy preservation levels. Because OLED technology lacks a backlight, each pixel has its own light source, compromising an exceptional viewing angle. Due to cost-effectiveness levels in the LCD display market, manufacturers are shifting to OLED production with some of these advantages.

Global Display Market Segmentation Analysis

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“Asia-Pacific is anticipated to have the highest CAGR in the Display Market during the forecast period.”

APAC is anticipated to have a high CAGR during the forecast period owing to rising government investments in the education sector, high adoption rate of OLED displays, and the presence of prominent key display manufacturers in the region.

Some of the major players in the global Display industry include SAMSUNG, LG DISPLAY CO., LTD., Panasonic Corporation, Sharp NEC Display Solutions, BOE Technology Group Co., Ltd., AU Optronics Corp., Innolux Corporation, HannStar, Japan Display Inc., and LEYARD.

Scope of the Report

Global Display Market Coverage

Device Type Insight and Forecast 2016-2028

• Fixed Device
• Portable Device

Device Deployment Insight and Forecast 2016-2028

• Embedded
• Standalone

Technology Insight and Forecast 2016-2028

• OLED
• Quantum Dots
• LED
• E-Paper
• LCD
• Others

Application Insight and Forecast 2016-2028

• Smartphone & Tablet
• Television & Digital Signage
• Smart Wearable
• Vehicle Display
• PC & Laptop
• Others

Industry Vertical Insight and Forecast 2016-2028

• Consumer Electronics
• Automotive
• Sports & Entertainment
• Transportation
• Retail, Hospitality, and BFSI
• Industrial & Enterprise
• Education
• Healthcare
• Defense & Aerospace
• Others

Geographical Segmentation

Display Market by Region

North America

• By Device Type
• By Device Deployment
• By Technology
• By Application
• By Industry Vertical
• By Country – U.S., Canada, and Mexico

Europe

• By Device Type
• By Device Deployment
• By Technology
• By Application
• By Industry Vertical
• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

• By Device Type
• By Device Deployment
• By Technology
• By Application
• By Industry Vertical
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Device Type
• By Device Deployment
• By Technology
• By Application
• By Industry Vertical
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries