Tuesday, 02 January 2024 12:17 GMT

Display Panel Market Projected To Garner Significant Revenues By 2032


(MENAFN- EIN Presswire) Display Panel market Estimated to Flourish By 2032

WILMINGTON, DE, UNITED STATES, February 7, 2025 /EINPresswire / -- A display panel is a component that displays information in the form of text, pictures, video, and others. It acts as a direct interface in human and machine interaction. Display panels are used in a variety of equipment, such as TVs, smartphones, tablets, PCs, and others. Innovations in display technologies are focused on reducing harmful effects on the health of end users. Technological advancements in display panels enhance the viewing experience, consume less electricity, and dissipate less heat.

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Growing demand for large-sized OLED panels for television and for public & commercial display panels. However, a decrease in ASP and revenues due to overcapacity obstructs the growth of the market. On the other hand, demand for flexible displays for mobile phones and increasing focus on R&D activities open up new opportunities in the market.

The world display panel market is segmented based on technology, size, farm factor, resolution, applications, and geography. The technology segment is further classified into LED, OLED, and others. Based on size, the market is divided into small, medium, and large. Flat and flexible are farm factors discussed in the report. Based on the resolution, the market is classified into 8K, 4K, WQHD, FHD, HD, and others. Applications covered in the report are TV, desktop monitor, notebook PC, tablet, mobile phone, automotive, digital signage, and others. Geographically, the market is divided into North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa (LAMEA).

The prominent companies operating in the market are LG Display Co. Ltd., Samsung Electronics Co. Ltd., Innolux Corporation, AU Optronics Corp., Sharp Corporation, Japan Display Inc., BOE Technology Group Co. Ltd., Panasonic Corporation, HannStar Display Corporation, and Chunghwa Picture Tubes Ltd. The key strategies adopted by these manufacturers to strengthen their position in the market are collaborations, approvals, mergers & acquisitions, partnerships, joint ventures, expansions, and others.

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Display Panel Market Segmentation:

By Display Technology
- LCD
- OLED
- Micro-LED
- Others

By Panel Size
- Microdisplays
- Small and Medium-sized Panels
- Large Panels

By Resolution
- 4K
- 8K
- Others

By Industry Vertical
- Smartphones and Tablets
- PC and Laptop
- Television
- Others

By Region
- North America: U.S., Canada
- Europe: France, Germany, Italy, Spain, UK, Rest of Europe
- Asia-Pacific: China, Japan, India, South Korea, Australia, Rest of Asia-Pacific
- LAMEA: Latin America, Middle East, Africa

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KEY BENEFITS FOR STAKEHOLDERS:

- The report offers a detailed analysis of key driving and restraining factors of the world display panel market.
- This report offers an in-depth quantitative analysis of the current market and estimations which assists in identifying the prevailing market opportunities.
- An exhaustive analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenarios.
- The report provides an extensive analysis of the current and future market status of the world display panel market.
- This report has conducted a comprehensive analysis by constructing market estimations for the key market segments.
- An extensive analysis of current research and clinical developments within the world display panel market is provided with key market dynamic factors that help in understanding the market behavior.
- The world display panel market is segmented into North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa (LAMEA).

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Allied Market Research is a top provider of market intelligence that offers reports from leading technology publishers. Our in-depth market assessments in our research reports consider significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on analyzing high-tech and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Also, they use a variety of tools and techniques when gathering and analyzing data, including patented data sources.

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Allied Market Research
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Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.