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Flat Panel Displays (FPDs) - Global Strategic Business Report

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    Report

  • 259 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338393

Global Flat Panel Displays (FPDs) Market to Reach $274.6 Billion by 2030

The global market for Flat Panel Displays (FPDs) estimated at US$183.4 Billion in the year 2023, is projected to reach a revised size of US$274.6 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2023-2030. TFT LCD Displays, one of the segments analyzed in the report, is expected to record 3% CAGR and reach US$161.2 Billion by the end of the analysis period. Growth in the OLED Displays segment is estimated at 10.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $48.7 Billion, While China is Forecast to Grow at 7.9% CAGR

The Flat Panel Displays (FPDs) market in the U.S. is estimated at US$48.7 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$61 Billion by the year 2030 trailing a CAGR of 7.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Report Features

  • Full access to influencer engagement stats
  • Access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 174 Featured) -

  • AU Optronics Corp.
  • BOE Technology Group Co., Ltd.
  • Chunghwa Picture Tubes Ltd.
  • Clover Display Ltd.
  • Densitron Technologies Ltd.
  • Emerging Display Technologies Corp.
  • HannStar Display Corp.
  • Hantronix, Inc.
  • Innolux Corp.
  • Japan Display Inc.
  • Kopin Corp.
  • Kyocera Corp.
  • LG Display Co., Ltd.
  • Microtips Technology
  • Panasonic Corp.
  • Powertip Technology Corp.
  • Samsung Electronics Co., Ltd.
  • Sharp Corp.
  • Tianma America, Inc.
  • Tianma Japan, Ltd.
  • Universal Display Corp.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Display Technology Revolution from CRT to Plasma, LCD & OLED, Marks the Birth of FPDs
  • Rapidly Rising Demand for Consumer Electronics - Key Growth Driver for FPDs
  • Recent Market Activity
  • Flat Panel Displays Market - An Insight
  • LED LCD vs. OLED - The Debate is Still on
  • OLED vs. LED LCD-Contrast
  • LCD's Competition with OLED
  • Ongoing Transition of the World Electronics Industry and Improving Economy Buoys General Market Optimism
  • Outlook
  • Analysis by Display Technology
  • Analysis by Application
  • Competitive Market Structure: A Review
  • Demand for Flat Panel TVs to Rise, Propelling Demand for Displays
  • Big Three TV Manufacturers Dictate LCD TV Panel Demand-Supply Scenario
  • Technological Innovation Becomes Key Differentiator for Vendors in the Fiercely Competitive IFPD Market
  • Samsung Display, LG Display, and Sharp Lead Small and Medium Displays Market
  • LG and Samsung Gain Early Bird Advantage in Large Area OLED Displays Market
  • Flat Panel Displays (FPDs) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
  • AU Optronics Corp. (Taiwan)
  • BOE Technology Group Co., Ltd. (China)
  • CEC Panda LCD Technology Co. Ltd. (China)
  • China Star Optoelectronics Technology (China)
  • China Star Optoelectronics Technology (China)
  • Chunghwa Picture Tubes Ltd. (Taiwan)
  • Clover Display Limited (Hong Kong)
  • Densitron Technologies Ltd. (UK)
  • Emerging Display Technologies Corp. (Taiwan)
  • HannStar Display Corp. (Taiwan)
  • Hantronix, Inc. (USA)
  • Innolux Corporation (Taiwan)
  • Japan Display Inc. (Japan)
  • Kopin Corporation (USA)
  • Kyocera Corporation (Japan)
  • LG Display Co., Ltd. (South Korea)
  • Microtips Technology (USA)
  • Panasonic Corporation (Japan)
  • Powertip Technology Corporation (Taiwan)
  • Samsung Electronics Co., Ltd. (South Korea)
  • Sharp Corporation (Japan)
  • Tianma America, Inc. (USA)
  • Tianma Japan, Ltd. (Japan)
  • Universal Display Corporation (USA)
3. MARKET TRENDS & DRIVERS
  • China Continues With FPD Capacity Expansions to Emerge as the Largest Manufacturer & a Key Contributor to Over Capacity Woes
  • China Fuels Supply Glut in the LCD Panels Sector
  • Emerging New Applications in Education & Advertising Drive Demand for Large-Area FPDs
  • OLED Displays Riding High on Technological Advancements
  • Futuristic Application of Innovative OLED Technology
  • LED and OLED Displays for Streamlining Workflow and Boosting Productivity of Clinicians
  • 4K LED Displays
  • Multimodality Monitors
  • Breast Imaging
  • Battle Rages On between LED-LCD and OLED Technologies for Dominance in Display Products Market
  • OLED Displays Trounce LCD Displays on Performance
  • OLED Display Adoption Hindered by Cost and Technological Hurdles
  • LCD Display Vendors Fight Back with Technological Innovations to Bridge Performance Gap
  • LCD Displays to Retain Hold on Market for the Time Being, the Future Belongs to OLED Displays
  • AMOLED - a Fast Emerging Display Technology Lending Momentum to FPD Devices Market
  • Rapid Rise of AMOLEDs for Smartphones
  • Plasma Displays - Challenging Path Ahead
  • Chronological Rise and Fall of Plasma Display Panels
  • Following 4K UHD Displays, 8K Display Format to Enter Mainstream Market
  • Quad-Color Pixel Technologies to Succeed RGB Pixel Technology
  • Flexible Flat Panel Displays: A Game Changer for the World Electronics Industry
  • Interactive FPDs - A Highly Promising Market for FPD Vendors
  • Vendors Keen on Replicating Success in Education Sector in the Corporate Sector
  • Development of New Technologies Continue to Boost Market for Wide Colour Gamut Displays
  • Key Display Technologies for Smartphones
  • Battery Consumption
  • Brightness
  • Colors
  • Price
  • Apple Leads the Way for Adoption of LTPS TFT-LCD and OLED Displays in Smartphones Market
  • Laptops and Notebooks Market Gearing Up for High-Quality, Low-Power Display Technologies
  • Consumer Shift to Smaller Display Notebooks Upsets Demand-Supply Dynamics of Notebook Display Panels
  • Booming Electronic Signage Market Bolsters Propels Demand for Large-Area LCD FPDs, Outdoor LED Displays
  • Automotive Displays Market Holds Strong Growth Prospects
  • Head-Mounted Displays - A Niche, albeit Fast-emerging Application Area for FPDs
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for TFT LCD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for TFT LCD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for TFT LCD by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for OLED by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for OLED by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for OLED by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Other Display Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Other Display Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Other Display Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Television by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Television by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Television by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Mobile Phones / Tablets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Mobile Phones / Tablets by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Mobile Phones / Tablets by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Flat Panel Displays (FPDs) Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 23: World Recent Past, Current & Future Analysis for Flat Panel Displays (FPDs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Flat Panel Displays (FPDs) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Flat Panel Displays (FPDs) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Flat Panel Displays (FPDs) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AU Optronics Corp.
  • BOE Technology Group Co., Ltd.
  • Chunghwa Picture Tubes Ltd.
  • Clover Display Ltd.
  • Densitron Technologies Ltd.
  • Emerging Display Technologies Corp.
  • HannStar Display Corp.
  • Hantronix, Inc.
  • Innolux Corp.
  • Japan Display Inc.
  • Kopin Corp.
  • Kyocera Corp.
  • LG Display Co., Ltd.
  • Microtips Technology
  • Panasonic Corp.
  • Powertip Technology Corp.
  • Samsung Electronics Co., Ltd.
  • Sharp Corp.
  • Tianma America, Inc.
  • Tianma Japan, Ltd.
  • Universal Display Corp.

Table Information