Global Display market

Display Market Size, Share, Growth Analysis, By Display Technology(LCD, OLED, Micro-LED, Direct-View LED), By Resolution(8K, 4K, FHD, HD), By Panel Size(Micro display, Small and Medium size Panels, Large Panels), By Panel Type(Fixed Panel, Flexible Panel), By Dimension(2D Display, 3D Display), By Product(Smartphones, Television Sets, Monitors & Laptops, Digital Signage & Large Formal Displays), By Vertical(Consumer electronics, Automotive, Sports & Entertainment, Transportation), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45B2127 | Region: Global | Published Date: June, 2024
Pages: 165 | Tables: 154 | Figures: 78

Display Market Regional Insights

North America is dominating the global display market with the largest revenue share. North America, especially the US, is a center for technological developments, and research & developments. Organizations in the region are leading in developing advanced display technologies like 4K, 8K, OLED, and LED. The growing emphasis on R&D in the region is also boosting the adoption of advanced displays. Moreover, North America has a strong and stable economy that encourages significant display technologies. Organizations are various sectors like retail, corporate, healthcare, and hospitality have the financial resources to invest in high-quality display solutions.

The global display market in Asia Pacific is growing at the fastest rate. Asia Pacific is a diversified region with a broad spectrum of industries and market segments. These consists of retail, transportation, hospitality, healthcare, education, and entertainment. Such diversification develops numerous opportunities for the implementation of display solutions throughout various applications and verticals. Moreover, Asia Pacific is also the place of some of the world's prominent technology manufacturers and suppliers, especially in countries such as China, Japan, South Korea, and Taiwan. These countries have advanced manufacturing abilities and are leading the display technologies market with LCD, LED, OLED, and semiconductor manufacturing.

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Global Display Market size was valued at USD 152.46 Billion in 2022 and is poised to grow from USD 157.8 Billion in 2023 to USD 207.79 Billion by 2031, growing at a CAGR of 3.5% during the forecast period (2024-2031).

The global display market is extremely competitive in nature due to the strong presence of leading vendors. Companies with extensive technical and financial resources are gaining a competitive edge because they can constantly launch new products in the market and attract more customers. The sector is also witnessing many strategic alliances, partnership, and acquisition which is not only helping the companies to discover new advanced products but also improve their market presence. 'Samsung Electronics Co., Ltd.', 'LG Display Co., Ltd.', 'BOE Technology Group Co., Ltd.', 'Innolux Corporation', 'AU Optronics Corp.', 'Japan Display Inc.', 'Sharp Corporation', 'Tianma Microelectronics Co., Ltd.', 'CSOT (China Star Optoelectronics Technology)', 'Visionox Technology, Inc.', 'Everdisplay Optronics Ltd.', 'Truly International Holdings Limited'

Increasing Demand for Customizable Display Applications

Technological Developments in Display Features

North America is dominating the global display market with the largest revenue share. North America, especially the US, is a center for technological developments, and research & developments. Organizations in the region are leading in developing advanced display technologies like 4K, 8K, OLED, and LED. The growing emphasis on R&D in the region is also boosting the adoption of advanced displays. Moreover, North America has a strong and stable economy that encourages significant display technologies. Organizations are various sectors like retail, corporate, healthcare, and hospitality have the financial resources to invest in high-quality display solutions.

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Global Display market

Report ID: SQMIG45B2127

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