For the ten-year period from 2017 to 2027, Future Industry Insights offers an updated forecast of the global flat panel display market. In terms of revenue, it is expected that the global flat panel display market would increase from US$ 115292.8 Mn in 2017 to US$ 177,339 Mn by 2027, expanding at a CAGR of 4.4%. (2017-2027). This research tracks the global flat panel display market’s value and calibrates it to produce market revenue projections.
The flat panel display market is expanding due to rising demand for mobile phones with larger displays and greater resolutions. However, the main obstacles that are projected to impede the growth of the flat panel display industry are high manufacturing costs and the declining usage of personal computers and laptops. The global flat panel display market is expected to produce US$ 135,000 Mn in sales by 2020, up from US$ 97,000 Mn in 2014, according to the Flat Panel Display Market: Global Industry Analysis and Opportunity Assessment 2014-2020 research by FMI. The global flat panel display market experienced a 5.8% CAGR from 2014 to 2020.
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Global Flat Panel Display Market: Segmental Forecast
To understand and assess the demand and opportunities in this market, the report is categorically split into major sections namely market analysis – by technology, by application and by region.
The section – market analysis, by technology, comprehensively analyses the market on the basis of technology and presents an in-depth analysis of the market in terms of value for the period 2017-2027. In 2017, the liquid crystal display (LCD) segment is expected to dominate the global flat panel display market. Also, during the forecast period, the liquid crystal display (LCD) segment is anticipated to dominate the global flat panel display market with a CAGR of 4.73%.
The section – market analysis by application, analyses the market by application and the data is provided in terms of value for 2017-2027. The consumer electronics segment is expected to expand at a significant CAGR of 3.86% in terms of value and is expected to dominate the global flat panel display market throughout the forecast years. In terms of market share, the premium priced flat panel display segment accounted for a large percentage of the revenue share of the overall market in 2016.
The section – market analysis by region, includes an in-depth country level analysis of all global regions namely North America, Latin America, Europe, Asia Pacific (excluding Japan), Japan and the Middle East & Africa by technology, by application and countries; and provides market data in terms of value for 2017-2027. In 2017, the flat panel display market in APEJ region dominated the overall global flat panel display market, followed by the market in North America region.
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Global Flat Panel Display Market: Key Players
Key players reported in this study on the global flat panel display market include AU Optronics Corp, LG Display, Sony Corporation, Innolux Corp, Sharp Corporation, Samsung Electronics Co. Ltd, LG Display Co. Ltd., and Panasonic Corporation.
More Valuable Insights on Flat Panel Display Market
FMI’s report on the Flat Panel Display market is segmented into four major sections such as technology(liquid crystal display, plasma display, organic light emitting diode display, and others), applications ( consumer electronics, LCD television, mobile phone, personal computer, automotive application and others) and region to help readers understand and lucrative evaluate opportunities in the flat panel display market.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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