Global Display Panel Market (2021 to 2026) – Featuring Japan Display, Samsung and Panasonic Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Display Panel Market – Forecasts from 2021 to 2026” report has been added to ResearchAndMarkets.com’s offering.
The global display panel market is expected to grow at a compound annual growth rate of 4.92% over the forecast period to reach a market size of US$163.701 billion in 2026 from US$122.743 billion in 2020.
Display panels are electronic display devices on which content is displayed for the viewers. The global display panel market is witnessing a significant growth over the forecast period which may be attributed to the globally growing demand for smartphones, televisions, and other electronic devices that comprises displays. The growing disposable income, urbanization, and increasing propensity of the consumer to spend on consumer electronics have been some of the most prominent reasons for the high demand for display panels particularly in emerging economies such as China, India, and Vietnam among others.
Growing participation by the market players in the form of increased R&D budgets for the launch of new and enhanced products coupled with the increasing investments in new manufacturing facilities with an aim to meet the growing consumer demand and the gain a competitive edge in the market also shows the potential for the growth of the display panel market in the given time frame. Similarly, the increased usage of displays for emerging applications such as vehicles, digital signage, and others further expands the business growth opportunities for the market players over the course of the next five years. Additionally, the increased demand for wearable devices such as smart bands, smart-watches, and fitness trackers among others also provides an impetus to the market growth in the near future.
The advent of COVID-19 will have a moderate impact on the market growth since the outbreak led to a disruption in the supply chain activities during the short run due to trade restrictions that further led to a slump in the manufacturing activities. However, in the second half restrictions were eased off and industries went back to normal. Also, high demand for electronics such as laptops and smartphones amid the pandemic further led to a significant demand, thus, leading to a positive yet slow growth in 2020.
Companies Mentioned
- Japan Display Inc.
- SAMSUNG
- Panasonic
- LG Display Co., Ltd
- Sharp Corporation
- AU Optronics Corp.
- BOE Technology Group Co., Ltd
- Innolux Corporation
- HannStar Display Corporation
Key Topics Covered:
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Global Display Panel Market Analysis, By Type
5.1. Introduction
5.2. LCD
5.3. LED
5.4. Others
6. Global Display Panel Market Analysis, By Resolution
6.1. Introduction
6.2. 4K
6.3. 8K
6.4. HD
6.5. FHD
6.6. Others
7. Global Display Panel Market Analysis, By Application
7.1. Introduction
7.2. Television
7.3. Digital Signage
7.4. Automotive
7.5. Smartphones
7.6. Others
8. Global Display Panel Market Analysis, by Geography
8.1. Introduction
8.2. North America
8.2.1. North America Display Panel Market, By Type
8.2.2. North America Display Panel Market, By Resolution
8.2.3. North America Display Panel Market, By Application
8.2.4. By Country
8.2.4.1. United States
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. South America Display Panel Market, By Type
8.3.2. South America Display Panel Market, By Resolution
8.3.3. South America Display Panel Market, By Application
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. Europe Display Panel Market, By Type
8.4.2. Europe Display Panel Market, By Resolution
8.4.3. Europe Display Panel Market, By Application
8.4.4. By Country
8.4.4.1. Germany
8.4.4.2. Spain
8.4.4.3. United Kingdom
8.4.4.4. France
8.4.4.5. Others
8.5. The Middle East and Africa
8.5.1. Middle East and Africa Display Panel Market, By Type
8.5.2. Middle East and Africa Display Panel Market, By Resolution
8.5.3. Middle East and Africa Display Panel Market, By Application
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. Israel
8.5.4.3. Others
8.6. Asia Pacific
8.6.1. Asia Pacific Display Panel Market, By Type
8.6.2. Asia Pacific Display Panel Market, By Resolution
8.6.3. Asia Pacific Display Panel Market, By Application
8.6.4. By Country
8.6.4.1. China
8.6.4.2. Japan
8.6.4.3. Australia
8.6.4.4. India
8.6.4.5. Others
9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/1ovvpc
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