Explosive Growth Projected: Flat Panel Display Market to Reach US$ 217,682.7 Million with a Remarkable CAGR of 3.8% | FMI

The market for flat panel displays is anticipated to reach US$ 149,441.2 million in 2023 and US$ 217,682.7 million by 2033. During the projection period, flat panel display sales are anticipated to grow at a strong CAGR of 3.8%.

The flat panel display industry is expanding as a result of the rising demand for mobile phones with bigger displays and greater resolutions. However, it is projected that the primary obstacles to the flat panel display industry’s growth will be high manufacturing costs and a fall in the use of laptops and personal computers.

The global flat panel display market is expected to produce US$ 135,000 Million in sales by 2020, up from US$ 97,000 Million in 2014, according to the Flat Panel Display industry: worldwide Industry Analysis and Opportunity Assessment 2014-2020 report by FMI. The global market for flat panel displays expanded at a CAGR of 5.8% 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 2022-2027. In 2022, 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 2012-2027. 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 2012-2027. In 2022, the flat panel display market in the APEJ region dominated the overall global flat panel display market, followed by the market in the North American region.

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.

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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.

Key Segments Covered

  • Technology
  • Application
  • Region

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East & Africa

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient 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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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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