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Global Display Market to reach USD 82.52 Billion by 2028

Global Display Market Size study, By Display Technology (LCD, OLED, Micro-LED, Direct-View LED, Other), By Panel Size (Microdisplays, Small and Medium-sized Panels, Large Panels), By Product Type (Smartphones, Television Sets, PC Monitors & Laptops, Digital Signage/Large Format Displays, Automotive Displays, Tablets, Smart Wearables, Others), By Vertical (Consumer, Automotive, Sports & Entertainment, Transportation, Retail, Hospitality, & BFSI, Industrial & Enterprise, Education, Healthcare, Defense & Aerospace, Others) and Regional Forecasts 2022-2028

Product Code: EESC-43020725
Publish Date: 30-04-2022
Page: 200

Global Display Market is valued at approximately USD 143.24 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.6% over the forecast period 2022-2028. The Display mainly involves computer output surface, screen, projection surface that Displays text, light-emitting diode (LED), liquid crystal Display, graphic images using a cathode ray tube, or further technologies. This can be used on devices such as smartphones, tablets, television, public transport, vehicles, and many others. A Display device is an output device for the presentation of data in visual or tactile form. The increasing adoption of OLED Displays in various applications, growing use of LED Displays for TVs, video walls, and digital signage applications, and rising demand for interactive Displays across various applications is stimulating the market demand around the world. For instance, in 2017, the smartphone unit shipments worldwide were recorded with 1.6 billion units that exhibit a rise of 7.17% from 2014 (1.3-billion-unit smartphone shipments). Therefore, rising demand for smartphones is associated with the demand for the Display, which, in turn, surges the market demand. However, high costs associated with new Display technology-based products impede the growth of the market over the forecast period of 2022-2028. Also, rising demand for foldable and flexible Displays is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global Display Market study include Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading region across the world in terms of market share owing to the region being the early adopter of the novel technologies coupled with the presence of the leading market players. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as rapid penetration of the OLED Displays, rising number of Display panel manufacturing plants, and availability of the cheap workforce and raw materials would create lucrative growth prospects for the Display market across the Asia-Pacific region.
Major market players included in this report are:
Samsung Electronics
LG Display
Japan Display
NEC Corporation
Panasonic Corporation
BOE Technology
AU Optronics
Leyard Optoelectronic (Planar)
Sharp (Foxconn)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology
Direct-View LED
By Panel Size
Small and Medium-sized Panels
Large Panels
By Product Type
Television Sets
PC Monitors & Laptops
Digital Signage/Large Format Displays
Automotive Displays
Smart Wearables
By Vertical
Sports & Entertainment
Retail, Hospitality, and BFSI
Industrial & Enterprise
Defense & Aerospace
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Display Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Display Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Display Market, by Display Technology, 2020-2028 (USD Billion)
1.2.3. Global Display Market, by Panel Size, 2020-2028 (USD Billion)
1.2.4. Global Display Market, by Product Type, 2020-2028 (USD Billion)
1.2.5. Global Display Market, by Vertical, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Display Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Display Market Dynamics
3.1. Display Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Increasing adoption of OLED displays in various applications Growing demand for LED displays for video walls, TVs, and digital signage applications
3.1.2. Market Challenges High costs associated with new display technology-based products
3.1.3. Market Opportunities Rising demand for foldable and flexible displays
Chapter 4. Global Display Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Display Market, by Display Technology
6.1. Market Snapshot
6.2. Global Display Market by Display Technology, Performance – Potential Analysis
6.3. Global Display Market Estimates & Forecasts by Display Technology, 2019-2028 (USD Billion)
6.4. Display Market, Sub Segment Analysis
6.4.1. LCD
6.4.2. OLED
6.4.3. Micro-LED
6.4.4. Direct-View LED
6.4.5. Other
Chapter 7. Global Display Market, by Panel Size
7.1. Market Snapshot
7.2. Global Display Market by Panel Size, Performance – Potential Analysis
7.3. Global Display Market Estimates & Forecasts by Panel Size, 2019-2028 (USD Billion)
7.4. Display Market, Sub Segment Analysis
7.4.1. Microdisplays
7.4.2. Small and Medium-sized Panels
7.4.3. Large Panels
Chapter 8. Global Display Market, by Product Type
8.1. Market Snapshot
8.2. Global Display Market by Product Type, Performance – Potential Analysis
8.3. Global Display Market Estimates & Forecasts by Product Type, 2019-2028 (USD Billion)
8.4. Display Market, Sub Segment Analysis
8.4.1. Smartphones
8.4.2. Television Sets
8.4.3. PC Monitors & Laptops
8.4.4. Digital Signage/Large Format Displays
8.4.5. Automotive Displays
8.4.6. Tablets
8.4.7. Smart Wearables
8.4.8. Others
Chapter 9. Global Display Market, by Vertical
9.1. Market Snapshot
9.2. Global Display Market by Vertical, Performance – Potential Analysis
9.3. Global Display Market Estimates & Forecasts by Vertical, 2019-2028 (USD Billion)
9.4. Display Market, Sub Segment Analysis
9.4.1. Consumer
9.4.2. Automotive
9.4.3. Sports & Entertainment
9.4.4. Transportation
9.4.5. Retail, Hospitality, and BFSI
9.4.6. Industrial & Enterprise
9.4.7. Education
9.4.8. Healthcare
9.4.9. Defense & Aerospace
9.4.10. Others
Chapter 10. Global Display Market, Regional Analysis
10.1. Display Market, Regional Market Snapshot
10.2. North America Display Market
10.2.1. U.S. Display Market Display Technology estimates & forecasts, 2019-2028 Panel Size estimates & forecasts, 2019-2028 Product Type estimates & forecasts, 2019-2028 Vertical estimates & forecasts, 2019-2028
10.2.2. Canada Display Market
10.3. Europe Display Market Snapshot
10.3.1. U.K. Display Market
10.3.2. Germany Display Market
10.3.3. France Display Market
10.3.4. Spain Display Market
10.3.5. Italy Display Market
10.3.6. Rest of Europe Display Market
10.4. Asia-Pacific Display Market Snapshot
10.4.1. China Display Market
10.4.2. India Display Market
10.4.3. Japan Display Market
10.4.4. Australia Display Market
10.4.5. South Korea Display Market
10.4.6. Rest of Asia Pacific Display Market
10.5. Latin America Display Market Snapshot
10.5.1. Brazil Display Market
10.5.2. Mexico Display Market
10.6. Rest of The World Display Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Samsung Electronics Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. LG Display
11.2.3. Japan Display
11.2.4. NEC Corporation
11.2.5. Panasonic Corporation
11.2.6. BOE Technology
11.2.7. Sony
11.2.8. AU Optronics
11.2.9. Leyard Optoelectronic (Planar)
11.2.10. Sharp
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Data Collection:
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Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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