• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Printed Electronics
    • Raw Materials
    • Equipment
    • Services
    • Suppliers Guide
    • Resources
    • More
  • Magazine
  • News
  • Printed Electronics
  • Raw Materials
  • Equipment
  • Services
  • Suppliers Guide
  • Resources
  • Current & Past Issues
    Features
    Editorials
    Digital Edition
    Subscribe Now
    Advertise Now
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Breaking News
    Experts Opinion
    Financial News
    Manufacturers News
    Mergers and Acquisitions
    Online Exclusives
    Personnel
    Product Releases
    Suppliers News
    Live From Shows
    Displays and Lighting
    Photovoltaics
    Printed Batteries
    Printed Circuit Boards/Membrane Switches/In Mold Electronics
    Flexible and Printed Electronics
    RFID and NFC
    Sensors and Wearables
    Smart Cards and Packaging
    Touch Screens
    Adhesives, Barriers and Encapsulants
    Chemicals, Metals and Powders
    Conductive Inks and Coatings
    Electronic Materials
    Film, Paper, Glass and Substrates
    Graphene, Perovskites and Carbon Nanotubes
    Nanomaterials
    Printed Electronic Components
    Research Reports
    Semiconductors and Quantum Dots
    Energy Curing Equipment
    Lab and Testing Equipment
    Manufacturing Equipment
    Printing Equipment
    3D Printing
    Contract Manufacturing Services
    Product Design and Testing
    Research and Consulting
    Research Institutions
    Research Reports
    Universities
    Equipment
    All Companies
    Materials
    Categories
    Converting
    Printed Electronics Systems
    Associations
    Research and Services
    Used Machinery
    Add New Company
    Industry Events
    Live from show events
    Podcasts
    Videos
    Blogs
    Slideshows
    Infographics
    Webinars
    Whitepapers
    Equipment and Services
    Glossary
    • Magazine
      • Current & Past Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Suppliers Guide
      • Add Your Company
    • Printed Electronics
      • Photovoltaics
      • Printed Batteries
      • Printed Circuit Boards/Membrane Switches/In Mold Electronics
      • Flexible and Printed Electronics
      • RFID and NFC
      • Sensors and Wearables
      • Smart Cards and Packaging
      • Touch Screens
    • Raw Materials
      • Adhesives, Barriers and Encapsulants
      • Chemicals, Metals and Powders
      • Conductive Inks and Coatings
      • Electronic Materials
      • Film, Paper, Glass and Substrates
      • Graphene, Perovskites and Carbon Nanotubes
      • Nanomaterials
      • Semiconductors and Quantum Dots
    • Equipment
      • Energy Curing Equipment
      • Lab and Testing Equipment
      • Manufacturing Equipment
      • Printing Equipment
      • 3D Printing
    • Services
      • Contract Manufacturing Services
      • Product Design and Testing
      • Research and Consulting
      • Research Institutions
      • Research Reports
      • Universities
    • Online Exclusives
    • Slideshows
    • Blog
    • Videos
    • Podcasts
    • Infographics
    • Events
      • Industry Events
      • Live from show events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    AMR: Global Display Market Expected to Reach $206.29 Billion by 2025

    North America was the highest contributor to the global market with $45.72 billion in 2017.

    Related CONTENT
    • LOPEC 2018's Business Conference Reflects on Past, Future
    • LOPEC 2018's Business Conference Reflects on Past, Future
    • LOPEC 2018 Celebrates 10 Years While Looking Ahead to the Future
    • Scenes from LOPEC 2018
    • Scenes from LOPEC 2018
    09.12.18
    The global display market was valued at $115.60 billion in 2017 and is projected to reach $206.29 billion by 2025, registering a CAGR of 7.4% from 2018 to 2025. North America was the highest contributor to the global market, with $45.72 billion in 2017, and is estimated to reach $66.90 billion by 2025, registering a CAGR of 4.7% during the forecast period.

    Displays include screens that project information such as images, videos, and texts. These display screens utilize numerous technologies such as light-emitting diode (LED), liquid crystal display (LCD), organic light emitting diode (OLED), and others. Also, it is majorly used in consumer electronic devices such as TV, laptops, tablets, laptops, smart watches, and others. The emergence of advanced technologies offers enhanced visualizations in several industry verticals, which include consumer electronics, retail, sports & entertainment, transportation, and others. The 3D displays are in trend in consumer electronics and entertainment sector. Also, flexible display technologies witness popularity at a high pace. In addition, the display technologies such as organic light-emitting diode (OLED) have gained increased importance in products such as televisions, smart wearables, smartphones, and other devices. Moreover, smartphone manufacturers plan to incorporate flexible OLED displays to attract the consumers. Furthermore, the market is also in the process of producing energy saving devices, primarily in the wearable devices.


    Developments in flexible display, increase in demand for OLED display devices, and the rise in trend of touch-based devices drive the growth of the global display market. However, the high cost of the latest display technologies such as transparent display and quantum dot displays, and stagnant growth of desktop PCs, notebook, and tablets hinder the market growth. Furthermore, upcoming applications in the flexible display devices are expected to create lucrative growth opportunities for the global display market.

    At present, North America dominates the market, followed by Europe. In 2017, U.S. dominated the North America market and UK led the overall market in Europe. However, in Asia-Pacific, China currently dominates the market.

    High demand for flexible display technology in consumer electronic devices, increase in adoption of electronic components in the automotive sector, and the rise in trend of touch-based devices drive the growth of the global display market. In addition, great adoption of AR/VR devices and commercialization of autonomous vehicles is anticipated to provide potential growth opportunities for the market. However, high costs of the transparent and quantum dot display technologies and stagnant growth of desktop PCs, notebook, and tablets restraints the growth of the global display market.

    “In 2017, the flat panel segment dominated the global display market in the display type category, in terms of revenue. However, the transparent panel segment is expected to grow at the highest CAGR during the forecast period,” said Akshay Jadhav and Prasad Kakade, lead analysts, semiconductor & electronics at AMR. “By technology, the LCD segment is anticipated to dominate the market throughout the forecast period (2018‐2025). Moreover, the television & digital signage segment dominates the overall display market, in terms of industry vertical. The display market signifies a promising future for the technological industry. The companies have been adopting innovative techniques to provide customers with advanced and innovated product offerings.”

    The significant impacting factors in the global display industry include high demand for flexible display technology in consumer electronics devices, increase in adoption of electronic components in the automotive sector, rise in trend of touch-based devices, high cost of the transparent and quantum dot display technologies, stagnant growth of desktop PCs, notebook, and tablets, surge in adoption of AR/VR devices, and commercialization of autonomous vehicles. Each of these factors is anticipated to have a definite impact on the display market during the forecast period.

    High Demand for Flexible Display Technology in Consumer Electronic Devices
    The flexible display technology offers numerous advantages such as lightweight, flexible nature, bright, consumes low power, and being shatter-proof, over the rigid traditional displays which are relatively heavier. These displays are used in several consumer electronics devices. The rise in demand for consumer electronics mainly smartphones, televisions, smart wearable devices, computers, and other display devices propel the growth of the display market.

    Increase in Adoption of Electronic Components in the Automotive Sector
    Display devices nowadays have also been integrated into the automotive industry. For instance, looking at this opportunity, LG display announced to start the production of a head-up display system for the automotive industry. The vehicle display device produced by LG is a transparent flexible display, which can be rolled around. The heads-up display can be utilized in several ways and has different functions for an enhanced driving experience.

    Rise in Trend of Touch-based Devices
    In recent years, the number of devices having touch sensors has increased exponentially as touch-based devices are easier to access. The touch-based devices require a display panel to operate, which in turn helps in the growth of the display devices. Therefore, a wide range of devices in the home appliances category, such as refrigerator, microwave, washing machine, chimneys, and others, are incorporated with displays with touch sensors. In addition, the automobile industry has witnessed a rise in providing sophisticated display devices in the vehicle, such as the navigation system, digital dashboard, digital rearview mirrors, heads-up display, and others. Moreover, the use of digital signage and touch-based displays in commercial buildings such as malls, theaters, entertainment hubs, and others have increased due to the complex and large architecture of these structures. These displays are incorporated with touch sensors, which the user can use for navigating and extracting other information. Hence, the trend of touch-based devices drives the growth of the display market.

    Stagnant Growth of Desktop PCs, Notebook, and Tablets
    In recent years, the growth of display devices such as PC monitors, notebooks, and tablets has become stagnant. Also, the demand for these devices is expected to be stagnant or low. The use of smartphone devices has increased due to easy functionality and relative convenience, which is similar to notebooks, tablets, and PC monitors. As a result, the demand for display devices exhibits stagnant growth. Thus, the stagnant progress of display devices such as PC monitors, notebook, and tablets, is anticipated to restrict the growth of the global display market.

    Great Adoption of AR/VR Devices and Commercialization of Autonomous Vehicles
    The current display market is focused on developing the technology and products primarily for large-sized displays and high-resolution images. The display market in future is expected to concentrate on the flexible displays that are thin, light, and less prone to breakage as compared to the conventional displays. Therefore, flexible displays are expected to replace the current display devices as well as create new ones. These display systems are incorporated in the vehicles owing to growth in a trend of autonomous vehicles, and the use of flexible displays in AR/VR devices. These factors are expected to create lucrative growth opportunities in the global display market.
     
     


     
    Related Searches
    • electronic
    • OLED
    • wearables
    • flexible displays
    Suggested For You
    The OLED Market is Making Gains The OLED Market is Making Gains
    DENSO Invests $270 Million in JOLED DENSO Invests $270 Million in JOLED
    LG Display Doubles Sales of Large-Size OLED Panels in 1H 2018 LG Display Doubles Sales of Large-Size OLED Panels in 1H 2018
    LG Display Reports Q2 2018 Results LG Display Reports Q2 2018 Results
    Royole Quasi-G6 Mass Production Campus Begins Producing Fully Flexible Displays in Volume Royole Quasi-G6 Mass Production Campus Begins Producing Fully Flexible Displays in Volume
    Royole Introduces First Hi-Def Wearables Featuring Its Flexible Display Technology Royole Introduces First Hi-Def Wearables Featuring Its Flexible Display Technology
    LG Display Receives Approval from China for OLED JV in Guangzhou LG Display Receives Approval from China for OLED JV in Guangzhou
    Imec, Soitec Demonstrate Sequential 3D Planar Device Achieving High-Reliability at Low Temperature Imec, Soitec Demonstrate Sequential 3D Planar Device Achieving High-Reliability at Low Temperature
    Opportunities Lie Ahead for Commercialization of Printed Electronics Opportunities Lie Ahead for Commercialization of Printed Electronics
    NXP Accelerates Secure Edge Solutions with Ecosystem Partners NXP Accelerates Secure Edge Solutions with Ecosystem Partners
    LG G7 ThinQ Taps Snapdragon 845 for LG G7 ThinQ Taps Snapdragon 845 for 'Fast, Smart, Immersive' Mobile World
    STMicroelectronics Develops Next-Generation Security-on-a-Chip for Smart Things STMicroelectronics Develops Next-Generation Security-on-a-Chip for Smart Things
    CYNORA Presents High-Performance Blue TADF Emitters at SID Display Week 2018 CYNORA Presents High-Performance Blue TADF Emitters at SID Display Week 2018
    Grand View Research Forecasts IoT in Retail Market Size From 2018-2025 Grand View Research Forecasts IoT in Retail Market Size From 2018-2025
    HAECO Selects Xerafy to Provide MRO Tool Management Solution HAECO Selects Xerafy to Provide MRO Tool Management Solution

    Related Breaking News

    • Breaking News | Financial News | Research Reports
      North American Semiconductor Equipment Industry Posts January 2019 Billings

      North American Semiconductor Equipment Industry Posts January 2019 Billings

      The billings figure is 10.5 percent lower than the final December 2018 level of $2.1 billion.
      02.22.19

    • Breaking News | RFID and NFC
      Avery Dennison Named to Barron’s 100 Most Sustainable Companies List

      Avery Dennison Named to Barron’s 100 Most Sustainable Companies List

      The list acknowledges US companies for environmental, social and corporate governance best practices.
      02.22.19

    • Breaking News | Displays and Lighting | Financial News
      Universal Display Announces 4Q, Full Year 2018 Financial Results

      Universal Display Announces 4Q, Full Year 2018 Financial Results

      Total revenue was $247.4 million for the full year of 2018.
      02.22.19


    • Breaking News | Financial News | RFID and NFC
      Impinj Reports 4Q, Full Year 2018 Financial Results

      Impinj Reports 4Q, Full Year 2018 Financial Results

      Company reported revenue of $122.6 million, GAAP gross margin of 47.5% during 2018.
      02.22.19

    • Breaking News | Financial News | RFID and NFC
      Brady Corporation Reports Fiscal 2019 2Q Results

      Brady Corporation Reports Fiscal 2019 2Q Results

      Sales for the quarter ended Jan. 31, 2019 were $282.4 million compared to $287.8 million in the same quarter last year.
      02.22.19

    • Breaking News | Financial News | Photovoltaics
      First Solar, Inc. Announces 4Q, Full Year 2018 Financial Results

      First Solar, Inc. Announces 4Q, Full Year 2018 Financial Results

      Reports net sales of $2.2 billion for 2018 and $691 million for the fourth quarter.
      02.22.19


    • Breaking News | Displays and Lighting | Flexible and Printed Electronics | Universities

      SEMI-FlexTech Announces 2019 FLEXI Awards Winners in Flexible Hybrid Electronics

      American Semiconductor, FlexEnable, Mark Poliks and Keith Rollins are this year's honorees.
      02.21.19

    • Breaking News | Displays and Lighting | Research Institutions

      Fraunhofer FEP: Hybrid OLED Creates Innovative, Functional Luminous Surfaces

      Presenting hybrid flexible OLEDs integrated into textile designs within the EU-funded project PI-SCALE for the first time at LOPEC.
      02.21.19

    • 3D Printing | Breaking News
      BASF Invests in Alchemist Accelerator

      BASF Invests in Alchemist Accelerator

      BASF accelerates its outreach towards technologies like artificial intelligence, internet of things and robotics.
      02.21.19


    • 3D Printing | Breaking News | Manufacturing

      Arkema Showcases Collaborative Innovations in 3D Printing Technologies at TCT Asia 2019

      TCT Asia took place in Shanghai Feb. 21-23.
      02.21.19

    • Breaking News | Flexible and Printed Electronics | Printed Circuit Boards/Membrane Switches/In Mold Electronics

      TactoTek, Geely Design, CEVT Initiate Automotive Interiors Project in Printed, In-Mold Electronics

      Geely Design to lead Injection Molded Structural Electronics design solutions of interior smart surfaces with CEVT.
      02.20.19

    • Breaking News | RFID and NFC
      America Today Selects Nedap’s RFID Solution

      America Today Selects Nedap’s RFID Solution

      First RFID rollout on the Dutch retail market.
      02.20.19

    • Breaking News | Semiconductors and Quantum Dots | Sensors and Wearables

      STMicroelectronics Releases Full-color Ambient Light Sensor for Smartphones

      The VD6281 is in production and available now from ST sales channels.
      02.20.19

    • Breaking News | Semiconductors and Quantum Dots

      American Semiconductor Launches Fully Flexible, Ultra Bluetooth IC

      The Semiconductor-on-Polymer chip scale packaged system on chip supports Bluetooth Low Energy (BLE) communication.
      02.20.19

    • 3D Printing | Breaking News
      Massivit 3D Printed 1:1 Concept Car Signals the Future of Concept Prototyping

      Massivit 3D Printed 1:1 Concept Car Signals the Future of Concept Prototyping

      First full-scale 3D printed concept car to ever be exhibited at Festival Automobile International.
      02.20.19

    Breaking News
    • North American Semiconductor Equipment Industry Posts January 2019 Billings
    • Avery Dennison Named to Barron’s 100 Most Sustainable Companies List
    • Universal Display Announces 4Q, Full Year 2018 Financial Results
    • Impinj Reports 4Q, Full Year 2018 Financial Results
    • Brady Corporation Reports Fiscal 2019 2Q Results
    View Breaking News >
    CURRENT ISSUE

    Fall 2018

    • Printed Electronics Now’s International Suppliers’ Directory
    • Brand Owners See Benefits of Smart Packaging
    • OLEDs, Quantum Dots Make Gains in the Display Market
    • New Opportunities for Flexible Sensors
    • Flexible Electronics Applied to the Development of Sensors
    • Conference Gives Glimpse into Future of Printed Electronics, Conductive Inks
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • privacy policy
    • term and condition
    • about us
    • contact us

    follow us

    Subscribe

    magazines

    Image
    Image
    Image
    Image
    Image
    Image
    Image
    Image
    Image
    Image
    Image

    Copyright © 2019 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login