$144.2 Billion Display Panel Market - Forecasts from 2018 to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 9, 2018--The “Display Panel Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
Display panel market was valued at US$106.575 billion in 2017 and is projected to expand at a CAGR of 5.18% over the forecast period to reach US$144.267 billion by 2023.
Rising demand for smart televisions, smartphones, and other mobile devices owing to increasing purchasing power is driving the growth of display panels market. Growing adoption of digital signage across various industries is further fueling the demand for these panels globally.
Burgeoning demand for wearables will further provide significant boost to the market growth. Geographically, APAC will witness the fastest regional market growth owing to booming automotive as well as consumer electronics industry in countries like China and India.
This regional market growth is majorly supported by the presence of two major market players Samsung, and LG in the region.
Display panel market has been analyzed through following segments:
By TypeLCD LED Others By Size Small Medium Large
By Resolution4K 8K HD FHD Others
By ApplicationTelevision Digital Signage Automotive Smartphones Others
Companies MentionedJapan Display Inc. SAMSUNG Panasonic LG Display Co., Ltd Sharp Corporation AU Optronics Corp. BOE Technology Group Co., Ltd Innolux Corporation HannStar Display Corporation
For more information about this report visit https://www.researchandmarkets.com/research/4qb3hj/144_2_billion?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180809005659/en/
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PUB: 08/09/2018 01:55 PM/DISC: 08/09/2018 01:55 PM