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

  • ID: 338393
  • Report
  • July 2020
  • Region: Global
  • 388 Pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • Hantronix, Inc. (USA)
  • Kopin Corporation (USA)
  • Sharp Corporation (Japan)
  • 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. We bring years of research experience to this 16th edition of our report. The 388-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • 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.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • Hantronix, Inc. (USA)
  • Kopin Corporation (USA)
  • Sharp Corporation (Japan)
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

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

Global Competitor Market Shares

Flat Panel Displays (FPDs) Competitor Market Share Scenario Worldwide (in %): 2018 & 2029

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

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Flat Panel Displays (FPDs) Market Share (in %) by Company: 2018 & 2025

Market Analytics

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Flat Panel Displays (FPDs) Market: Competitor Market Share Scenario (in %) for 2018 & 2025

Market Analytics

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
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  • AU Optronics Corp. (Taiwan)
  • BOE Technology Group Co., Ltd. (China)
  • CEC Panda LCD Technology Co. Ltd. (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)
Note: Product cover images may vary from those shown
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