Computer & Technology

Most Popular Display Market Now Reaching Worth $155.54 Billion by 2020

the total display market is expected to reach $155.54 Billion by 2020, at a CAGR of 6% from 2015 to 2020.
( | Press Release | 2017-01-21 22:30:42 )
On the basis of this popular research of “Display Market by Type (Conventional, 3D, Transparent, Flexible), Technology (LED, OLED, LCD, E-Paper), Application (Consumer Electronics, Automotive, Retail & Banking, Medical & Industrial) & Geography - Trends & Forecast to 2020”

It found that, the total display market is expected to reach $155.54 Billion by 2020, at a CAGR of 6% from 2015 to 2020.

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The consumer electronics industry is witnessing an impressive increase in the consumption of the display devices. This has contributed to the increasing consumption of displays. There has been a rapid expansion in the applications of displays in medical and automotive industries. The growth in advertising and publishing, military, and retail and banking segments is also one of the major drivers of the market for global displays.

The global display market covers the entire spectrum of display technologies and types available/manufactured across the globe. The display market includes various displays used primarily in consumer products such as smartphone, TV, laptop, e-readers, and so on. The display technology witnessed a rapid transformation from conventional displays such as CRT to LCD, TFT-LCD, LED-LCD, LED display, and so on. The latest display type is OLED, which is an extended version of LED display and E-Ink primarily used in tablets and e-readers. Few other display technologies which occupy a niche in the global display market include DLP and LCoS display technologies which are utilized in projectors and other related display products and applications.

The gradual shift from the conventional display type that includes flat panel display type to flexible displays has had a huge impact on the display market. Rise in demand for flexible display type based products and applications which are currently utilized in smartphones and tablets among others, have been noticed. The latest display type includes transparent and 3D displays which are in the developmental stage and yet to become commercially viable and profitable.

The companies that have been profiled in the report include Samsung Electronics (South Korea), LG (South Korea), E Ink Holdings (Taiwan), AU Optronics (Taiwan), Atmel (U.S.), Corning (U.S.), Plastic Logic (U.K.), DuPont Display (U.S.), Hewlett Packard (U.S.), Panasonic Corp. (Japan), Sony Corporation (Japan), Philips (The Netherlands), etc.

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