Display Device Market 2021-2026
New Study Reports ” Display Device Market 2021, Global Key Players Analysis, Share, Trends, Future Opportunities Forecasts 2026” has been Added on PMR.
Report Overview
This published report for the Display Device Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study Display Device Market also offers the previous historical data along with the forecast from 2021 to 2026. The assessment of the Display Device Market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2021-2025.
According to the report compiled by Persistence Market Research (PMR), the global display device market is expected to witness robust growth during the forecast period 2017-2026. The market is anticipated to register CAGR of 8.3% between 2017 and 2026. It is also estimated to reach US$ 360,275.6 million revenue by the end of 2026.
There has been an increase in demand for electronic products such as PCs, laptops, smartphones, etc. This is expected to play an important role in the growth of the global display device market. Display device manufacturers are also focusing on improving their reach in the global market with the help of strategic partnerships. The development of smart and application specific devices is also driving the demand for display device across the globe. Consumers are also demanding devices with high-resolution technology, hence the manufacturers are focusing on increasing the resolution of the display.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Samsung, LG, Apple, Panasonic, Toshiba, Sony, Hiesense, TCL Corporation, Skyworth, and Sharp. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Display Device.
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Increasing Focus towards Advanced Display Technology
Companies are focusing advanced display technology in various devices including smartphones, tablets, TVs, smart watches, etc. manufacturers are also shifting their focus towards providing flat panel displays. Along with the Liquid Crystal Display (LCD) technology, other flat panel display technology gaining momentum in the market are Plasma Display Panels (PDP), Organic Light Emitting Diodes (OLED), Field Emission Display (FED), and electronic papers. Moreover, the trend towards high-resolution display is evident in every segment of the display device market.
Virtual Reality (VR) also involves display technology offering better visual in real time. Manufacturers are looking forward to including OLED display in virtual reality. Curved and paper-thin OLED display is said to offer a completely new experience while playing games or watching movies. These technologies are also being combined with 3D to enhance the experience. Manufacturers are looking forward to offering the whole new experience with the glass-free 3D display that will eliminate the need for 3D eyeglasses.
Global Display Device Market: Segmental Insights
- The global display device market consists of various segments such as applications, display type, and end-user. Based on the display type, the market segment consists of LED, LCD, AMOLED, OLED, and others such as electronic paper, laser TV, etc. Among these, the LED display is expected to witness robust growth. By the end of 2026, LED display is estimated to surpass US$ 148,200 million revenue.
- Based on applications, the market segment includes mobile phones, TV, tablet, monitors, automotive, mobile PC, and others. TV is expected to be the largest segment in terms of the revenue in the global display device market. It is estimated to account for over two-fifth of the revenue share by 2017 end.
- By end-user, the market segmentation includes large enterprises, small medium enterprises, and residential. Among these, residential is expected to be the biggest end-user of the display device. By the end of 2026, residential as end-user is likely to create an incremental opportunity surpassing US$ 89,100 million between 2017 and 2026.
- Geographically, Asia Pacific Excluding Japan (APEJ) is expected to be the largest region in the global display device market during the forecast period 2017-2026. It is estimated to account for robust CAGR between 2017 and 2026.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Display Device Market Manufacturers
Display Device Market Distributors/Traders/Wholesalers
Display Device Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Highlights of the Display Device Market Report:
- The Display Device Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Display Device Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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