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Global Display Device Market: By Display Type: Flat Panel, Flexible Panel; By Technology: LCD, LED, OLED, E-Paper, Others; By Application: Television, Smartphones and Tablets, Smart Wearable, Others; By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments

Global Display Device Market Outlook

The global display device market reached a value of about USD 131.78 billion in 2021. The industry is further expected to grow at a CAGR of 5.2% in the forecast period of 2023-2028.

 

Global Display Device Market

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The Asia Pacific to Emerge as a Significant Market for Display Devices

The Asia Pacific is expected to emerge as one of the world's leading markets for display devices. Factors like the growth in the number of tech giants in the region and the availability of manufacturing resources at low cost contribute to the development of the display device industry in the Asia Pacific region.

The residential sector is projected to hold a significant market share in the coming years. The demand for electronic goods, including television, smartphones, laptops, tablets, as well as smart watches, has risen as technological developments continue, which is aiding the growth of the display device industry in the residential sector. Key players are now shifting to implement effective and luminous displays, leading to growth of microdisplay technology, which is expected to aid the global market growth in the coming years.

 

Display Device: Market Segmentation

A display device is a system for visual or tactile display of information. When there is an electric signal for the input information received, the display is called an electronic display. TV sets or device control are popular applications for electronic visual displays.

 

Global Display Device Market By Display Type

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The display type can be divided as follows:

  • Flat Panel
  • Flexible Panel
  • Transparent Panel

The technology used in display device can be segmented as follows:

The product finds wide applications in the following segments:

  • Television
  • Smartphones and Tablets
  • Smart Wearable
  • PC and Laptop
  • Automotive
  • Digital Signage
  • Others

The end uses of the product can be segmented as follows:

  • Residential
  • Large Enterprises
  • Small Medium Enterprises

The regional markets for display device can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Display Device Market By Region

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Rising Demand for Electronic Devices Bolstering the Market Growth of Display Device

The remarkable rise in the usage of various consumer electronic products using state-of-the-art technologies is the main driving force behind the industry growth. The rising demand in the gaming and entertainment sector for high-quality displays as well as the increasing popularity of OLED-based technologies are notable factors that are boosting the market growth. The widespread adoption of flexible OLED display technologies is also increasing the demand for display devices. It is also anticipated that the advanced functions of display device will propel the market growth further in the coming years. Other factors boosting the market growth are the rising urbanisation, rising economies, as well as the rising disposable incomes of the consumers.

 

Key Industry Players in the Global Display Device Market

The report gives a detailed analysis of the following key players in the global display device market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • TCL Electronics Holdings Limited
  • LG Electronics Inc.
  • Sharp Corporation 
  • Toshiba Corporation
  • Samsung Electronics Co., Ltd.
  • Japan Display Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Display Type, Technology, Application, End Use, Region
Breakup by Display Type Flat Panel, Flexible Panel, Transparent Panel
Breakup by Technology LCD, LED, OLED, E-Paper, Others
Breakup by Application Television, Smartphones and Tablets, Smart Wearable, PC and Laptop, Automotive, Digital Signage, Others
Breakup by End Use Residential, Large Enterprises, Small and Medium Enterprises
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered TCL Electronics Holdings Limited, LG Electronics Inc., Sharp Corporation, Samsung Electronics Co., Ltd, Toshiba Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Display Device Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Display Device Historical Market (2018-2022) 
    8.3    Global Display Device Market Forecast (2023-2028)
    8.4    Global Display Device Market by Display Type
        8.4.1    Flat Panel
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Flexible Panel
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Transparent Panel
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
    8.5    Global Display Device Market by Technology
        8.5.1    LCD
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    LED
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    OLED
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    E-Paper
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Others
    8.6    Global Display Device Market by Application
        8.6.1    Television
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Smartphones and Tablets
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Smart Wearable
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    PC and Laptop
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022)
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Automotive
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022)
            8.6.5.3    Forecast Trend (2023-2028)
        8.6.6    Digital Signage
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2018-2022)
            8.6.6.3    Forecast Trend (2023-2028)
        8.6.7    Others
    8.7    Global Display Device Market by End Use
        8.7.1    Residential
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Large Enterprises
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Small and Medium Enterprises
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
    8.8    Global Display Device Market by Region
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022)
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022)
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022)
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022)
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022)
            8.8.5.3    Forecast Trend (2023-2028)
9    North America Display Device Market Analysis
    9.1    United States of America
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022)
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022)
        9.2.3    Forecast Trend (2023-2028)
10    Europe Display Device Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022)
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022)
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022)
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022)
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Display Device Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022)
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022)
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022)
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022)
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022)
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Display Device Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022)
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022)
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022)
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Display Device Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022)
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022)
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022)
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022)
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market  Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    TCL Electronics Holdings Limited
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    LG Electronics Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Sharp Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Samsung Electronics Co., Ltd
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Toshiba Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Japan Display Inc.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Display Device Market: Key Industry Highlights, 2017 and 2027
2.    Global Display Device Historical Market: Breakup by Display Type (USD Billion), 2018-2022
3.    Global Display Device Market Forecast: Breakup by Display Type (USD Billion), 2023-2028
4.    Global Display Device Historical Market: Breakup by Technology (USD Billion), 2018-2022
5.    Global Display Device Market Forecast: Breakup by Technology (USD Billion), 2023-2028
6.    Global Display Device Historical Market: Breakup by Application (USD Billion), 2018-2022
7.    Global Display Device Market Forecast: Breakup by Application (USD Billion), 2023-2028
8.    Global Display Device Historical Market: Breakup by End Use (USD Billion), 2018-2022
9.    Global Display Device Market Forecast: Breakup by End Use (USD Billion), 2023-2028
10.    Global Display Device Historical Market: Breakup by Region (USD Billion), 2018-2022
11.    Global Display Device Market Forecast: Breakup by Region (USD Billion), 2023-2028
12.    North America Display Device Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    North America Display Device Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Europe Display Device Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Europe Display Device Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Asia Pacific Display Device Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Asia Pacific Display Device Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Latin America Display Device Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Latin America Display Device Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Middle East and Africa Display Device Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Middle East and Africa Display Device Market Forecast: Breakup by Country (USD Billion), 2023-2028
22.    Global Display Device Market Structure

Key Questions Answered in the Report

What was the global display device market size in 2021?

In 2021, the global display device market attained a value of nearly USD 131.78 billion.

What is the growth rate of the market?

The market is projected to grow at a CAGR of 5.2% between 2022 and 2027.

What are the major industry drivers?

The major drivers of the industry, such as rapid urbanisation, rising disposable incomes, growing demand for electronic goods, increasing shift towards the adoption of effective and luminous displays, rising demand for high-quality displays, and the growing popularity of OLED-based technologies, are expected to aid the market growth.

What are the key industry trends of the global display device market?

The key market trends guiding the growth of the industry include the rising adoption of flexible OLED display technologies and the increasing demand from the gaming and entertainment sectors.

What are the major regional markets of display device, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the leading display types in the industry?

The leading display types in the industry are flat panel, flexible panel, and transparent panel.

What are the major technologies of display device in the market?

The major technologies of display device in the market are LCD, LED, OLED, and E-paper, among others.

What are the significant application segments in the industry?

The significant application segments in the industry are television, smartphones and tablets, smart wearable, PC and laptop, automotive, and digital signage, among others.

What are the leading end use sectors in the market?

The leading end use sectors in the market are residential, large enterprises, and small medium.

Who are the key industry players, according to the report?

The major players in the industry are TCL Electronics Holdings Limited, LG Electronics Inc., Sharp Corporation,  Samsung Electronics Co., Ltd, Toshiba Corporation, and Japan Display Inc., among others.

Analyst Review

The global display device market attained a value of USD 131.78 billion in 2021 driven by the growing demand for electronic goods. Aided by the rising adoption of OLED-based technologies, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.2%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on display type, the market is divided into flat panel, flexible panel, and transparent panel. By technology, the industry is segmented into LCD, LED, OLED, and E-paper, among others. On the basis of application, the market is categorised into television, smartphones and tablets, smart wearable, PC and laptop, automotive, and digital signage, among others. The major end use segments in the market are residential, large enterprises, and small medium enterprises. The major regional markets for display device are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include TCL Electronics Holdings Limited, LG Electronics Inc., Sharp Corporation,  Samsung Electronics Co., Ltd, Toshiba Corporation, and Japan Display Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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Global Conveyor Oven Market Report and Forecast 2023-2028

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Global Household Refrigerators and Freezers Market Report and Forecast 2023-2028

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India Home Appliances Market Report and Forecast 2023-2028

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