Display Devices Market Future Trends, Growth Dynamics and Forecast

Display Devices Market

Display Devices Market

According to the report compiled by Persistence Market Research (PMR), the global display device market is expected to witness robust growth by 2026. The market is expected to register a CAGR of 8.3% by 2026. It is also expected to reach US$360,275.6 million. turnover by the end of 2026.

There has been an increase in the demand for electronic products such as PCs, laptops, smartphones, etc. This is expected to play an important role in the growth of the global display device market. Display device manufacturers are also focusing on improving their reach in the global market with the help of strategic partnerships.

The development of smart and application-specific devices is also driving the demand for display devices across the globe. Consumers also demand devices with high-resolution technology, which is why manufacturers are focusing on increasing screen resolution.

Get a sample copy of the report @ https://www.persistencemarketresearch.com/samples/20434

Increased focus on advanced display technology

The companies are focusing on advanced display technology in various devices including smartphones, tablets, TVs, smartwatches, etc. Manufacturers are also focusing on supplying flat screens. Apart from liquid crystal display (LCD) technology, other flat panel display technologies that are gaining traction in the market are plasma display panels (PDP), organic light emitting diodes (OLED), l field emission display (FED) and electronic papers. Additionally, the trend towards high resolution displays is evident in all segments of the display device market.

Virtual Reality (VR) also involves display technology that provides better real-time visuals. Manufacturers are eager to include OLED display in virtual reality. The curved and paper-thin OLED screen is said to provide a whole new experience while playing games or watching movies. These technologies are also combined with 3D to enhance the experience. Manufacturers are eager to deliver a whole new experience with the glassless 3D display that will eliminate the need for 3D glasses.

Global Display Devices Market: Segment Insights

The global display device market comprises various segments such as applications, display type, and end user. On the basis of display type, the market segment includes LED, LCD, AMOLED, OLED and others such as e-paper, laser TV, etc. Among these, the LED display is expected to experience robust growth. By the end of 2026, LED display is expected to exceed $148,200 million in revenue.

Based on applications, the market segment includes mobile phones, TV, tablets, monitors, automotive, laptops and others. Television is expected to be the largest segment by revenue in the global display device market. It is estimated to account for more than two-fifths of the revenue share by the end of 2017.

By end user, market segmentation includes large enterprise, small medium enterprise, and residential. Of these, residential is expected to be the largest end user of the display device. By the end of 2026, residential as an end user is expected to create an incremental opportunity exceeding US$89,100 million between 2017 and 2026.
Geographically, Asia-Pacific excluding Japan (APEJ) is expected to be the largest region in the global display device market during the forecast period 2017-2026. It is estimated to represent a robust CAGR between 2017 and 2026.

Buy report now @ https://www.persistencemarketresearch.com/checkout/20434

Global Display Devices Market: Competitive Landscape

The report offers an in-depth analysis of some of the major players in the global display device market such as Samsung, LG, Apple, Panasonic, Toshiba, Sony, Hiesense, TCL Corporation, Skyworth, and Sharp. Most of the major players are planning to develop large-scale production facilities with the introduction of new technologies.

Global Display Devices Market: Segmentation

Region
North America
Latin America
Europe
Japan
CALL
THING

Display type
LCD
LEDs
OLED
AMOLED
Others (electronic paper, laser TV, etc.)

Apps
TV
Mobile phones
Monitors
Tablet
Laptop
Automotive
Others

Final user
Residential
Large companies
Small and medium enterprises

Request Table of Contents @ https://www.persistencemarketresearch.com/market-research/display-device-market/toc

Persistence Market Research
Address – 305 Broadway, 7th Floor, New York, NY 10007 USA
Phone – +1-646-568-7751
USA-Canada Toll Free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

Persistence Market Research is here to provide businesses with a one-stop solution when it comes to improving customer experience. It is committed to gathering appropriate feedback after going through personalized customer interactions to add value to the customer experience by acting as the “missing” link between “customer relationships” and “business results”. The best possible returns are guaranteed.

This press release was published on openPR.

Leave a Reply

Your email address will not be published. Required fields are marked *