Global Electronic Display Market Research Report 2024(Status and Outlook)
The Global Electronic Display Market was valued at US$ 152.85 billion in 2024 and is projected to reach US$ 245.62 billion by 2030, at a CAGR of 8.2% during the forecast period 2024-2030.
The United States market was valued at US$ 42.56 billion in 2024 and is projected to reach US$ 72.85 billion by 2030, at a CAGR of 9.4% during the forecast period 2024-2030.
An electronic display is a device that visually presents information or images using electronic means. It typically consists of a screen or panel that utilizes technologies such as liquid crystal display (LCD), light-emitting diode (LED), organic light-emitting diode (OLED), or digital light processing (DLP) to produce images and text. Electronic displays are widely used in various applications, including televisions, computer monitors, smartphones, and advertising screens, providing dynamic and interactive visual experiences.
Visual output devices using various technologies (LCD, OLED, etc.) to display electronic information in consumer, commercial, and industrial applications.
OLED technology led with 45% market share. Resolution density reached 458 PPI average. Energy efficiency improved 42%. Manufacturing yield hit 95%. Flexible display adoption grew 58%. Gaming applications expanded 65%. Commercial display installations increased 48%. Automotive integration rose 52%.
Report Overview
Electronic Display is made up of several composable splicing display unit screen, plus a set of appropriate controller.
This report provides a deep insight into the global Electronic Display market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electronic Display Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electronic Display market in any manner.
Global Electronic Display Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
- AU Optronics
- Cambridge Display Technology
- LG Display
- Mitsubishi Electric
- Panasonic
- Sony
- Toshiba
- Liantronics
- Leyard
- Daktronics
- Unilumin
- Absen
- Barco
- Lighthouse
- Yaham
- Sansitech
- Ledman
- LightKing
- Lopu
- AOTO
- Handson
- Mary
- QSTech
- Suncen
- Teeho
- Szretop
- LCD
- LED
- OLED
- Retail
- Entertainment
- Corporate
- Healthcare
- Others
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Electronic Display Market
- Overview of the regional outlook of the Electronic Display Market:
- Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
- This enables you to anticipate market changes to remain ahead of your competitors
- You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
- The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market from various perspectives through Porter is five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 6-month post-sales analyst support
Customization of the Report
In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.
Drivers
- Increasing Demand for Consumer Electronics: The rapid growth in consumer electronics, particularly smartphones, tablets, and smart TVs, is a significant driver for the electronic display market. As consumers seek better viewing experiences, manufacturers are compelled to adopt advanced display technologies like OLED and 4K/8K resolutions.
- Technological Advancements: Innovations in display technologies, such as flexible displays, microLED, and augmented reality (AR) displays, are expanding the application scope and enhancing the performance of electronic displays. These advancements attract both consumers and businesses, pushing market growth.
- Rise of Smart Home Devices: The proliferation of smart home devices, including smart refrigerators, smart mirrors, and home automation systems, has led to increased demand for integrated electronic displays. These devices require high-quality visual interfaces, driving further market expansion.
- Growing Demand in Automotive Industry: The automotive sector's shift towards digitalization and automation has led to a rise in demand for advanced electronic displays in vehicles. Displays are used for dashboards, infotainment systems, and head-up displays (HUDs), improving user experience and safety.
Restraints
- High Manufacturing Costs: The development and production of advanced display technologies often require significant investment in research, development, and manufacturing processes. This can lead to higher prices for consumers and may deter widespread adoption, particularly in price-sensitive markets.
- Short Product Life Cycles: The rapid pace of technological advancement results in short product life cycles for electronic displays. Manufacturers must continuously innovate to stay competitive, which can strain resources and impact profitability.
- Environmental Concerns: Electronic displays, particularly those using older technologies like CRTs, can have negative environmental impacts due to hazardous materials and disposal challenges. Stricter environmental regulations may increase production costs and complicate supply chains.
Opportunities
- Expansion in Emerging Markets: Emerging economies, particularly in Asia-Pacific and Africa, present significant growth opportunities for the electronic display market. Rising disposable incomes, urbanization, and increased access to technology drive demand for electronic displays in these regions.
- Integration with Emerging Technologies: The integration of electronic displays with emerging technologies such as virtual reality (VR), AR, and the Internet of Things (IoT) opens new avenues for growth. As these technologies gain traction, the need for advanced display solutions will rise.
- Growing Demand for Digital Signage: The increasing adoption of digital signage in retail, transportation, and advertising is creating substantial opportunities for electronic display manufacturers. Digital signage offers dynamic content delivery, attracting consumers and enhancing engagement.
- Focus on Energy Efficiency: There is a growing emphasis on energy-efficient display technologies, driven by consumer demand for sustainable products and regulatory mandates. Innovations in low-power display technologies, such as e-paper and energy-efficient LEDs, can cater to this demand.
Challenges
- Intense Competition: The electronic display market is characterized by intense competition among established players and new entrants. Price wars, rapid technological advancements, and the need for differentiation create a challenging environment for manufacturers.
- Supply Chain Disruptions: Global supply chain challenges, including semiconductor shortages and material availability, can impact the production and distribution of electronic displays. These disruptions may lead to delays, increased costs, and reduced market supply.
- Rapid Technological Changes: The fast-paced nature of technological advancements in display technologies can pose challenges for manufacturers. Staying ahead of trends and adapting to new technologies requires continuous investment and strategic planning.
- Consumer Preferences: Changing consumer preferences, such as the shift towards larger displays and better resolution, can impact market dynamics. Manufacturers must stay attuned to evolving consumer demands to remain competitive.
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