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Display Panel Market worth 156.57 Billion USD by 2020

The market for display panels was valued at USD 114.16 Billion in 2014, and is expected to reach USD 156.57 Billion by 2020, at a CAGR of 5.60% between 2015 and 2020. The market is expected to be driven by the growing demand for large-sized UHD display panels for TVs, increasing demand for automotive and digital signage displays. Although the Asia-Pacific market accounted for the maximum market share in 2014, other regions are expected to witness higher growth rates during the forecast period. However, the market is restrained by factors including the overcapacity and decreasing price of panels that result in the reduction in profit margins and revenues.<br><br>

RameshwarM
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Display Panel Market worth 156.57 Billion USD by 2020

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  1. MarketsandMarkets Presents Display Panel Market worth 156.57 Billion USD by 2020 According to a new market research report on the “Display Panel Market by Technology (LCD, OLED, and Others), Size (Small & Medium and Large), Farm Factor (Flat and Flexible), Resolution (8K, 4K, WQHD, FHD, HD, and Others), Application, and Geography - Global forecast to 2020”, the market for display panels was valued at USD 114.16 Billion in 2014, and is expected to reach USD 156.57 Billion by 2020, at a CAGR of 5.60% between 2015 and 2020. Browse 75 market data tables and 70 figures spread through 165 pages and in-depth TOC on “Display Panel Market  - Global forecast to 2020”

  2. Get More Information@ http://www.marketsandmarkets.com/Market-Reports/display-panel-market-213105372.html • The television (TV) sector constituted the largest application in 2014 and is expected to continue to grow at a significant rate because of increasing demand for ultra-high definition (UHD) large panels for TVs. The market for display panels in digital signage, automotive display, mobile phones, and tablets is expected to grow at a considerable rate during the forecast period. • The display panel market players have been focusing on the innovations in terms of technological advancements to cater to the specific needs of several industries and to increase their market share. • OLED has been the emerging technology and the flexible OLED market is also expected to grow at a significant rate of 68.29% between 2015 and 2020, largely driven by the potential demand for mobile phones and tablets. • Asia-Pacific was the largest market in 2014 with a share of 75.59%, followed by Europe and North America.

  3. Panel market is a business-to-business (B2B) driven market and most of the display panel and OEM manufacturers are located in the Asia-Pacific region. This has resulted in the dominant position of the Asia-Pacific market. With the increasing applications of display panels in several applications, especially in automotive, medical and industrial equipment, the markets in Europe and North America are expected to grow at CAGRs of 7.31% and 7.50%, respectively between 2015 and 2020. Download PDF Brochure@ http://bit.ly/2rBQfNJ Early buyers will receive 10% customization on reports. The report describes market dynamics that include the key drivers, restraints, challenges, and opportunities with respect to the display panel market and forecasts the market till 2020. This global report provides a detailed view of the market across technology, size, form factor, resolution, applications, and geographies. The report also profiles the prominent players in the market along with their key growth strategies.

  4. The competitive landscape of the market analyzes a large number of players with their market share. The market is witnessing numerous collaborations and partnerships across the value chain, to cater to various industries in different geographies.  This increase in growth for small and medium size display panels is expected to be driven by the growing demand for mobile phones, tablets, automotive, and smart watches. The market for large size (above 10-inch) display panels has dominated the display panel market in 2014 and is expected to remain the major market during the forecast period.However, the market for small and medium size (<=10-inch) display panels is expected to grow at the higher rate than that of large-size panels between 2015 and 2020. The major companies in the global display panel market that have been included in this report are LG Display Co., Ltd. (South Korea), Samsung electronics Co., Ltd. (South Korea), Innolux Corporation (Taiwan), AU Optronics Corp. (Taiwan), Sharp Corporation (Japan), Japan Display Inc. (Japan), BOE Technology Group Co., Ltd. (China), Panasonic Corporation (Japan), HannStar Display Corporation (Taiwan), Chunghwa Picture Tubes Ltd. (Taiwan), and others.

  5. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pinpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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