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Flat Panel Displays (FPDs) - Global Market Trajectory & Analytics

  • ID: 338393
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • AU Optronics Corp.
  • HannStar Display Corp.
  • Innolux Corp.
  • Kopin Corp.
  • LG Display Co. Ltd.
  • Panasonic Corp.
  • MORE
Global Flat Panel Displays (FPDs) Market to Reach $175.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Flat Panel Displays (FPDs) estimated at US$146.6 Billion in the year 2020, is projected to reach a revised size of US$175.9 Billion by 2027, growing at a CAGR of 2.6% over the analysis period 2020-2027. TFT LCD, one of the segments analyzed in the report, is projected to record a 0.7% CAGR and reach US$112.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the OLED segment is readjusted to a revised 8.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $39.7 Billion, While China is Forecast to Grow at 5% CAGR

The Flat Panel Displays (FPDs) market in the U.S. is estimated at US$39.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$35 Billion by the year 2027 trailing a CAGR of 4.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR.

Other Display Types Segment to Record 2.6% CAGR

In the global Other Display Types segment, USA, Canada, Japan, China and Europe will drive the 2.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.8 Billion in the year 2020 will reach a projected size of US$10.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$24.5 Billion by the year 2027, while Latin America will expand at a 3.4% CAGR through the analysis period.

Select Competitors (Total 148 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.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AU Optronics Corp.
  • HannStar Display Corp.
  • Innolux Corp.
  • Kopin Corp.
  • LG Display Co. Ltd.
  • Panasonic Corp.
  • MORE
I. METHODOLOGY

II. 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
  • Impact of Covid-19 and a Looming Global Recession
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

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 148
Note: Product cover images may vary from those shown
  • 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.
Note: Product cover images may vary from those shown
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