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Growth and expansion of media and entertainment industry especially in the emerging ones, rising up gradation of existing infrastructure with advanced systems and increasing infrastructural development activities especially in the developing economies are the major factors attributable to the growth of display material market. Data Bridge Market Research analyses that the display material market will exhibit a CAGR of 5.01% for the forecast period of 2022-2029. Therefore, the display material market value would rocket up to USD 44.06 billion by 2029.
Rising globalization and growth in the focus towards development in manufacturing design and necessity to accomplish production efficacy will emerge as the major market growth driving factors. Growing production and sale of television units, surging demand from various end user verticals, increasing penetration of smart consumer electronics such as smartphones and laptops especially in the developing economies, and widespread industrialization will further aggravate the market value. Growing expenditure to undertake research and development proficiencies, expanding application of organic light-emitting diode (OLED), display technologies and growing demand for optimum resource utilization in regards to the evolution of flexible displays will further carve the way for the growth of the market.
However, high costs associated with the latest display technologies such as transparent display and quantum dot displays and with the research and development proficiencies will act as a growth restraint for the market. Also, stagnant growth of desktop PCs, notebook, and tablets will further dampen the growth rate of the market. Large scale technological limitations in the underdeveloped economies will further challenge the market growth rate.
This display material market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on display material market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Leading Key Players Operating in the Display Material Market Includes:
Some of the major players operating in the display material market are LG Display Co.,Ltd, BOE, Technology Group Co., Ltd., Japan Display Inc., Koninklijke Philips N.V., SAMSUNG, Apple Inc., Corning Incorporated, DuPont, ASUSTeK Computer Inc., BenQ Materials Corporation, AU Optronics Corp., Bolymin Inc., CASIO COMPUTER CO., LTD., Chunghwa Picture Tubes, LTD., Planar Systems, Inc., TOSHIBA CORPORATION, Sony Corporation, Atmel Corporation, Universal Display Corporation and Novaled AG among others.
Display Material Market Segmentations:
- On the basis of display type, the display material market is segmented into flat panel, flexible panel, and transparent panel.
- On the basis of technology, the display material market is segmented into organic light-emitting diode (OLED), quantum dot, light-emitting diode (LED), liquid crystal display (LCD) and others.
- On the basis of component and material, the display material market is segmented into emitter and organic layer materials, substrate, encapsulation, polarizer, electrodes, color filters layer, liquid crystals, backlighting unit and other LCD materials. Emitter and organic layer materials are further segmented into emitting layer (EML)/emissive material/RGB, hole transport layer (HTL)/hole injection layer (HIL) and electron transport layer (ETL)/electron injection layer (EIL). Substrate segment is further segmented into rigid and flexible. Encapsulation segment is further segmented into metals, glass, TFE and hybrid. Electrode segment is further segmented into anode and cathode.
- On the basis of panel type, the display material market is segmented into rigid and flexible.
- Based on application, the display material market is segmented into television, smartphones and tablets, laptop, desktop, signage/large format display, automotive, wearable and others.
- Based on end-use, the display material market is segmented into healthcare, consumer electronics, retail, BFSI, military and defense, transportation and others.
Display Material Market by Region:
- North America (USA, Canada and Mexico)
- Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy and Rest of Europe)
- Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia, rest of countries etc.)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria and South Africa)
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Reasons to Purchase the Display Material Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
The report answers questions such as:
- Which product segment grabbed the largest share in the Display Material market?
- How is the competitive scenario of the Display Material market?
- Which are the key factors aiding the Display Material market growth?
- Which are the prominent players in the Display Material market?
- Which region holds the maximum share in the Display Material market?
- What will be the CAGR of the Display Material market during the forecast period?
- Which application segment emerged as the leading segment in the Display Material market?
- What key trends are likely to emerge in the Display Material market in the coming years?
- Which company held the largest share in the Display Material market?
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