Marketreportsworld.com has added new report on Display Panel Market which enlighten the impact of COVID-19 by Business Insights, Top Players and Forecast to 2022-2027
“Display Panel Market” expected to grow considerably in the forecast period 2022- 2027. COVID-19 can affect the economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The report offers a dashboard overview of leading companies like: AU Optronics Corporation, BOE Technology Group Co. Ltd, Chunghwa Picture Tubes Ltd, HannStar Display Corporation,…, encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
In 2017, the display panel market was valued at USD 163.73 billion, which is expected to reach a value of USD 234.89 billion by 2027, registering a CAGR of over 6.2%, during 2021-2027 (the forecast period). The report provides a detailed view of the display panel market, across various sizes, technologies, form factors, resolutions, and the applications of display panels. North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa are the regions included in the report.
Get a sample copy of the report at-https://www.marketreportsworld.com/enquiry/request-sample/12346809
Company Coverage: –
– AU Optronics Corporation
– BOE Technology Group Co. Ltd
– Chunghwa Picture Tubes Ltd
– HannStar Display Corporation
– Innolux Corporation
– Japan Display Inc.
– LG Display Co. Ltd
– Samsung Electronics Co. Ltd
– Panasonic Corporation
– Sharp Corporation
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Market Players Competitor Analysis:
The key players in the display panel market have been working on innovations, in terms of technological advancements, in order to meet the needs of many industries. OLED has been the emerging technology, which is largely driven by the demand for mobile phones and tablets. In addition, smart phones are expected to offer larger screens and higher resolutions, as the demand for flexible products is on a rise.
Growth in the Demand for OLED Panels for Television
All the electronic device players are receiving a huge demand for OLEDs panels, due to the various benefits offered by OLED panels, such as low power consumption, extending the battery’s energy retention levels, and the growth in popularity for slimmer electronic devices. Further, they offer a better picture quality than the mainstay LCD screens and are more flexible. The biggest advantage that OLED technology offers is that it has no backlight, therefore, each pixel has its own light source and offers an excellent viewing angles. Because of this reason, companies are also shifting to OLED production due to falling profitability levels in the LCD market. This will supplement the demand for display panel market.
Rise in the Demand for Automotive Displays
Consumer demand is fueling the production of smarter and more efficient automobiles that require automotive displays, which can increase the functionality and safety. The factor propelling the adoption of automotive displays is an increase in the production of hybrid and electric vehicles. Moreover, replacements of older single-function displays, which use passive matrix LCDs, are leading to a growth of the automotive displays market. Manufacturers are increasing their RandD spending, in order to improve display technologies that may help to meet expanding connected car features. This is anticipated to trigger the growth of the display panel market during the forecast period.
Asia-Pacific is the Dominating Display Panel Market
Asia-Pacific dominates the global display panel market, as most of the manufacturers of display panels are present in this region. Besides, they have established infrastructure for consumer electronics manufacturing and panels, which help them to expand their manufacturing capabilities. In Asia-Pacific, China and India are expected to occupy the majority of revenue shares in the display panels market. Manufacturers are also investing heavily in RandD activities, to develop new technologies, which may further supplement the demand for display panel market.
Key Developments in the Market
• Jan 2021 – LG Display, the world’s leading innovator of display technologies, unveiled the Worlds’ first 88-inch 8K OLED display. This new panel features the highest resolution with 33 million pixels, 16 times more than FHD and four times more than UHD. This development will be a milestone for 8K era and can increase the potential of OLED in display panels.
• August 2017 – Japan Display Inc. planned the mass production of LTPS (Low temperature policy-silicon) LCDs for automotive display applications. With this, the automotive display panel market is expected to grow, which is likely to further leave an impact on the display panel market.
Major Players : AU OPTRONICS CORPORATION, BOE TECHNOLOGY GROUP CO. LTD, CHUNGHWA PICTURE TUBES LTD, HANNSTAR DISPLAY CORPORATION, INNOLUX CORPORATION, JAPAN DISPLAY INC., LG DISPLAY CO. LTD, SAMSUNG ELECTRONICS CO. LTD, PANASONIC CORPORATION, SHARP CORPORATION, amongst others.
To Understand How COVID-19 Impact is Covered in This Report. Get Sample copy of the report at –https://www.marketreportsworld.com/enquiry/request-covid19/12346809
Reasons to Purchase this Report:
- To examine the increased usage of Display Panel in Industry that affect the global market scenario
- Analyze various perspectives of the market with the help of Porter’s five forces analysis
- To know the modality and application that are expected to dominate the market
- To know the regions that are expected to witness fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by major market players
Customization of the Report:
- This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Enquire before Purchasing this report at-https://www.marketreportsworld.com/enquiry/pre-order-enquiry/12346809
Regional Analysis: –
– North America
– Asia-Pacific
– Europe
– South America
– Africa
Some Major Points from TOC: –
1. Introduction
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
1.4 Key Findings of the Study
2. Research Approach and Methodology
3. Executive Summary
4. Market Dynamics
4.1 Market Overview
4.2 Factors Driving the Market
4.2.1 Growth in Demand for OLED Panels for Television
4.2.2 New Technologies and Applications for Large Screen Displays
4.2.3 Increment in Demand for Public and Commercial Display Panels
4.2.4 Rise in the demand for Automotive displays
4.3 Factors Restraining the Market
4.3.1 Over-capacity Resulting in Decrease in Asp and Revenues
4.3.2 High Manufacturing Cost
4.4 Industry Attractiveness – Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products or Services
4.4.5 Competitive Rivalry among Existing Competitors
5. Global Display Panel Market Segmentation
5.1 By Technology
5.1.1 LCD
5.1.2 OLED
5.1.3 Others
5.2 By Size
5.2.1 Small and Medium
5.2.2 Large
5.3 By Form Factor
5.3.1 Flat Panel
5.3.2 Flexible Panel
5.4 By Resolution
5.4.1 8K
5.4.2 4K
5.4.3 WQHD(2k)
5.4.4 FHD
5.4.5 HD
5.4.6 Others
5.5 By Application
5.5.1 TV
5.5.2 Tablet
5.5.3 Mobile Phone
5.5.4 Desktop Monitor
5.5.5 Digital Signage
5.5.6 Notebook PC
5.5.7 Automotive
5.5.8 Others
5.6 By Region
5.6.1 North America
5.6.1.1 US
5.6.1.2 Canada
5.6.2 Europe
5.6.2.1 France
5.6.2.2 Germany
5.6.2.3 UK
5.6.2.4 Rest of Europe
5.6.3 Asia-Pacific
5.6.3.1 India
5.6.3.2 Japan
5.6.3.3 South Korea
5.6.3.4 Rest of Asia-Pacific
5.6.4 Latin America
5.6.4.1 Argentina
5.6.4.2 Brazil
5.6.4.3 Mexico
5.6.4.4 Rest of Latin America
5.6.5 Middle East and Africa
5.6.5.1 Saudi Arabia
5.6.5.2 South Africa
5.6.5.3 United Arab Emirates
5.6.5.4 Rest of Middle East and Africa
6. Competitive Intelligence – Company Profiles
6.1 AU Optronics Corporation
6.2 BOE Technology Group Co. Ltd
6.3 Chunghwa Picture Tubes Ltd
6.4 HannStar Display Corporation
6.5 Innolux Corporation
6.6 Japan Display Inc.
6.7 LG Display Co. Ltd
6.8 Samsung Electronics Co. Ltd
6.9 Panasonic Corporation
6.10 Sharp Corporation
* List not exhaustive
7. Investment Analysis
8. Future of the Display Panel MarketAAAA
Browse complete table of contents at-https://www.marketreportsworld.com/TOC/12346809
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Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Display Panel Market: Trends, Growth, Size, SWOT Analysis, Opportunity Assessment by Forecast to 2027
