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Display Panel Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024


The “Display Panel Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Display Panel industry. The information available in the Display Panel market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Display Panel market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Display Panel Market:

  • Panasonic Corporation
  • Sharp Corporation
  • Hisense Co. Ltd
  • Toshiba Corporation
  • Sony Corporation

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    Market Overview:

  • The global display panel market was valued at USD 128.73 billion in 2018, and is expected to reach USD 165 billion by 2024, registering a CAGR of 4.2% during the forecast period (2019-2024). Display panels act as a bridge between consumers and information. Beyond traditional technologies, like television, displays are also prominently utilized in several significant trends, such as automotive, virtual reality, IoT, and connectivity.
  • The global market for UHD display resolution is gaining momentum, due to the emergence of highly defined pixel quality display monitors. There is an increasing demand for computer and TV displays, with high resolution.
  • Latest technologies, such as AMOLED displays, are expected to offer superior image quality and form factor advantages in high-end devices. Despite the excessive capacity availability, the challenge to faster adoption would be limited.
  • TVs are expected to have the highest growth rate over the forecast period, due to the increase in sales of ultra-high-definition and organic light-emitting diodes in developing economies, such as India, Brazil, and China.

    Scope of the Report:

  • Panel displays are electronic viewing technologies used to enable people to see content in a range of entertainment, consumer electronics, personal computer, and mobile devices, and many types of medical, transportation, and industrial equipment.

    Reasons for Buying Display Panel Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Flat Panel Accounted For the Most Significant Form Factor

    The rising consumer demand for large LCD televisions, increasing screen size of smartphones, and growth in the development of automotive displays are some of the factors that are driving the demand for flat panel displays.
    Major manufacturers are focusing on ultra-slim LCD TVs, high-resolution, slim smartphone designs, and better user interface and touchscreen for automotive display. These factors are emerging as major contributors to the increasing demand for flat panel display.
    The increasing usage of flat panels from the education sector, for the adoption of new technologies for classrooms and enhancement of system and infrastructure, are driving the segment’s growth. Further, the increasing adoption of interactive 3D panels from end users is expected to boost the growth of the segment.
    It is further estimated that the display sizes of these panels will increase; 70+ screens are taking over from 60 and 84 screens are being replaced with 86 versions. This shift is majorly driven by the incorporation of more efficient processes that lead to less wastage, while producing more number of panels. Also, bezels are becoming narrower, so the actual visible screen is bigger.

    India is Expected to Witness Significant Growth

    The consumer spending in India is increasing, due to rising disposable income, due to which the demand for televisions is witnessing a high spike, owing to the rising soccer fan base in India. As a result, the TV makers in India are launching larger screens with advanced technologies, which, in turn, is likely to boost the market growth in the country over the forecast period.
    Furthermore, the changing behavior in TV connection is expected to drive the market growth. Subscriptions, such as Netflix and Amazon Prime, have been made available for Smart and Android TVs, owing to which, the demand is gaining high traction, thereby, propelling the market growth.
    Owing to the favorable government regulations associated with FDI, foreign companies are regularly offering premium TVs at competitive prices. For instance, in February 2018, Xiaomi launched its 55 inches LED TV, for which the demand spiked among consumers. This is expected to result in ascended demand for a display panel, thereby, fostering the market growth.
    This display was first incorporated in a city in Northern India, in a shopping mall. As a result, it is expected to compel other malls to use similar technologies to attract more consumers. This is projected to have a positive impact on the market growth in India over the forecast period.

    Display Panel Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Display Panel Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Demand for UHD Display Panels for TVs
    4.3.2 Increasing Demand in the Consumer Electronics Market
    4.4 Market Restraints
    4.4.1 Overcapacity Resulting in Decrease in Average Selling Price and Revenues
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness- Porters Five Forces Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5.1 By Technology
    5.1.1 LCD
    5.1.2 OLED
    5.2 By Size
    5.2.1 Small and Medium
    5.2.2 Large
    5.3 By Form Factor
    5.3.1 Flat Panel
    5.3.2 Flexible Panel
    5.4 By Resolution
    5.4.1 8K
    5.4.2 4K
    5.4.3 HD (HD, WQHD, and FHD)
    5.5 By Application
    5.5.1 TV
    5.5.2 Tablet and Mobile Phone
    5.5.3 Monitor (Desktop and Notebook PC)
    5.5.4 Digital Signage
    5.5.5 Automotive
    5.6 Geography
    5.6.1 North America United States Canada
    5.6.2 Europe Germany United Kingdom France Rest of Europe
    5.6.3 Asia-Pacific Japan India South Korea Rest of Asia-Pacific
    5.6.4 Latin America Brazil Argentina Mexico Rest of Latin America
    5.6.5 Middle East & Africa United Arab Emirates Saudi Arabia South Africa Rest of Middle East & Africa

    6.1 Company Profiles
    6.1.2 BOE JAPAN CO. LTD
    6.1.4 LG DISPLAY CO. LTD
    6.1.6 Panasonic Corporation
    6.1.7 Sharp Corporation
    6.1.8 Hisense Co. Ltd
    6.1.9 Toshiba Corporation
    6.1.10 Sony Corporation




    Contact Us:

    Name: Ajay More

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