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High demand for flexible display technology in consumer electronic devices, increase in adoption of electronic components in the automotive sector, and rise in trend of touch-based devices drive the growth of the global display market. In addition, great adoption of AR/VR devices and commercialization of autonomous vehicles is anticipated to provide potential growth opportunities for the market. However, high cost of the transparent and quantum dot display technologies and stagnant growth of desktop PCs, notebook, and tablets restraints the growth of the global display market.
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Display Market to have Industry-Leading Display Technology Industry According to a recent report published by Allied Market Research, titled, Global Display Marketby Display type, Technology, Application and Industry vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global display market was valued at $115.60 billion in 2017, and is projected to reach $206.29 billion by 2025, growing at a CAGR of 7.4% from 2018 to 2025. In 2017, the flat panel segment dominated the global display market in the display type category, in terms of revenue. However, the transparent panel segment is expected to grow at a highest CAGR during the forecast period. By technology, the LCD segment is anticipated to dominate the market throughout the forecast period (2018‐“2025). Moreover, the television & digital signage segment dominates the overall display market, in terms of industry vertical. The display market signifies a promising future for the technological industry. The companies have been adopting innovative techniques to provide customers with advanced and innovated product offerings. At present, North America dominates the market, followed by Europe. In 2017, U.S. dominated the North America market and UK led the overall market in Europe. However, in Asia-Pacific, China currently dominates the market. High demand for flexible display technology in consumer electronic devices, increase in adoption of electronic components in the automotive sector, and rise in trend of touch-based devices drive the growth of the global display market. In addition, great adoption of AR/VR devices and commercialization of autonomous vehicles is anticipated to provide potential growth opportunities for the market. However, high cost of the transparent and quantum dot display technologies and stagnant growth of desktop PCs, notebook, and tablets restraints the growth of the global display market. Have any Query? Ask Our Experts: https://bit.ly/2sL9yDX Key Findings of the Display Market: Based on display type, the flat panel segment led the global display market in 2017. However, the transparent panel segment is anticipated to grow at the highest CAGR during the forecast period (2018-2025). North America held the majority of the market share in 2017. By industry vertical, the television & digital signage segment has been dominating the global display market in 2017. However, the automotive segment is expected to grow at the highest CAGR during the forecast period (2018-2025). Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
Key Market Players Profiled LG Display Co. Ltd. Samsung Electronics Co. Ltd. AU Optronics Japan Display Inc. E Ink Holdings Inc. Hannstar Display Corporation Corning Incorporated Kent Displays Inc. NEC Display Solutions Sony Corporation For Purchase Report Inquiry: https://bit.ly/2AXRsmM Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1?855?550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com