The global flat panel display market is expected to reach the market value of around US$ 185 Bn by 2027 and is anticipated to grow at a CAGR of around 6% in terms of revenue during the forecast period 2020 – 2027.
The flat-panel dispaly is basically an interactive screen system that is used with its contents in various electrical appliances, such as consumer electric, TV and handheld devices. This is an improved edition, and it is also smaller and compact for mobile applications.
The report provides analysis of global Flat Panel Display market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
The increase in consumer demand for large LCD televisions, the growth of smartphone screens and the expansion in car display development are all factors that drive demand for flat panels. The companies include ultra-small LCD TVs, high-resolution and sleek mobile prototypes as well as enhanced auto display user interface and touch screen. The growth in demand for the flat panel is all due to these reasons. Many manufacturers of LCD flat plates work to boost the visibility for the models in order to provide decent image quality. In order to improve the image quality, the next generation of display systems must also be produced. In flat panel display, scientific developments led to the production of improved imaging technology in healthcare.
The number of displays with flat panels has been accepted by the healthcare regulators. For diagnostic application in health care, high-pixel density displays are developed. Furthermore, the manufacturers create new surgical visualizing technologies such as flat screen and super high luminosity to avoid illumination and distortion in high light settings.
Asia Pacific region is anticipated to grow at a significant CAGR the market led by China. Asia Pacific region is expected to see an impressive increase in the flat display market during the forecast period. Asia Pacific market is seen as a result of low manufacturing costs and mass production facilities rising investment in flat panels production plants. The manufacturing of flat panel displays in developing economies like China and others is dominant. These economies are given a competitive edge by mass production and cost efficiency. FPD producers also make significant investments in R&D projects in this area.
The market research study on “Flat Panel Display Market (Flat Panel Display Market By Type: Quantum Dot, LCD, OLED, LED, Others; Flat Panel Display Market By Application: Television and Digital Signage, Smartphone & Tablet, Vehicle Display, Smart Wearable, PC & Laptop, Others; Flat Panel Display Market By End Use: BFSI, Healthcare, Automotive, Retail, Military & Defense, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Flat Panel Display market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Flat Panel Display market size, and segment markets by type, application, and geography along with the information on companies operating in the market. The Flat Panel Display market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
By End Use
Middle East & Africa
Key Players and Market Situation
Participants include major global players such Sony Corporation, Display Co, Japan Display Inc., Sharp Corporation, Panasonic Corporation, nnolux Corporation, Samsung Electronics Co, Ltd, Applied Materials, Universal Display Corporation, AU Optronics Corporation, and Others.
The flat-panel dispaly is basically an interactive screen system that is used with its contents in various electrical appliances, such as consumer electric, TV and handheld devices.
Quantum Dot, LCD, OLED, LED and Others are the types of flat panel display.
Continuous growth in vehicle display technology is a key driver of the flat panel display market.
According to Acumen Research and Consulting, the flat panel display market value is anticipated to be worth around US$ 185 Bn in 2027.
The flat panel display market is anticipated to grow around 6% CAGR amid the forecast period 2020-2027.
Asia Pacific region is anticipated to grow at a significant CAGR the market led by China.
Participants include in flat panel display market such Sony Corporation, Display Co, Japan Display Inc., Sharp Corporation, Panasonic Corporation, nnolux Corporation, Samsung Electronics Co, Ltd, Applied Materials, Universal Display Corporation, AU Optronics Corporation, and Others.