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Sunday, November 5, 2023

Global Display Panel Market is Anticipated to Grow at a CAGR of 4.8% during 2024 to 2030

The future of the global display panel market looks promising with opportunities in the smartphones and tablets, PC and laptop, and television markets. The global display panel market is expected to reach an estimated $186.9 billion by 2030 with a CAGR of 4.8% from 2024 to 2030.

The major drivers for this market are increasing interest in large-sized OLED panels for television, interest in display panels for public and commercial use, and interest in flexible displays for mobile phones, accompanied by a growing emphasis on research and development efforts.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the display panel market by display technology (LCD, OLED, and micro-LED, and others), panel size (microdisplays, small and medium-sized panels, and large panels), resolution (4K, 8K, and others), end use industry (smartphones and tablets, PC and laptop, television, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, LCD, OLED, and micro-LED are the major segments of display panel market by display technology. Lucintel forecasts that LCD is expected to witness highest growth over the forecast period. Within this market, smartphones and tablets will remain the largest segment.

North America is expected to witness highest growth over the forecast period.

Samsung Electronics, Toshiba Corporation, Japan Display, Sony Corporation, Leyard Optoelectronic, Panasonic Corporation, AU Optronics, LG Display, BOE Technology, and NEC Corporation are the major suppliers in the display panel market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email
roy.almaguer@lucintel.com
Tel. 972.636.5056

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