Report Description
The global electronic display market was valued at USD 729.3 billion in 2020. The market is projected to expand at a robust CAGR during the forecast period, 2021 – 2028. The growth of the market is attributed to increasing applications in different end-use segments, technological advancements, and development of the consumer electronics industry.
An electronic display, informally known as a screen, is a device for displaying images, video, and text electronically. It is used in computing applications such as smartphones, information appliances, and tablet computers. Electronic displays present visual information through electrical input signals or by radiating light.
Market Trends, Drivers, Restraints, and Opportunities:
- Increasing purchasing power in different sections of the society is expected to propel the market.
- Rising demand for screens with high-resolution displays is expected to fuel the demand for mobile devices.
- The arrival of advanced consumer electronics such as tablets, smart wearable devices, and smart television is anticipated to drive the market during the forecast period.
- Rising investments from private organizations and governments are estimated to drive the market.
- Restrictions and regulations by the government to decrease harmful e-waste is expected to hinder the market growth.
- Adoption of innovative technologies comprise high costs, which may hamper the market growth during the forecast period.
Scope of the Report:
The report on the global electronic display market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Global Electronic Display Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Technology (LED, LCD, and OLED), Applications (Automotive Display, Digital Signage, and Consumer Electronics), End-use (Entertainment, Retail, Corporate, Government, and Healthcare)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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ActiveLight Inc., LG Electronics, AU Optronics Corp., Cambridge Display Technology Ltd., Casio Computers Co. Ltd., Mitsubishi Electric Corporation, Toshiba Corporation, Panasonic Corporation, Zenith Electronics Corporation, and Sony Corporation.
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Market Segment Insights:
The LCD Segment is expected to grow at a rapid pace during the forecast period
Based on technology, the global electronic display market is segregated as LED, LCD, and OLED. The LCD segment is anticipated to hold a major share in the market. This segment accounts for over 35% of the total revenue share, due to rising usage in consumer electronic devices such as laptops and TVs. Rising interest in OLED technology, which offers high picture quality and performance as compared to traditional display, is projected to fuel the market.
OLED technology is being used in numerous applications, which is anticipated to drive the market. Manufacturers are gradually shifting from rigid OLED displays to flexible AMOLED displays to gain a competitive advantage over other manufacturers.
The Consumer electronics segment holds more than 50% of total revenue share
On the basis of applications, the global electronic display market is fragmented as automotive display, digital signage, and consumer electronics. The consumer electronics segment is expected to witness a high CAGR during the forecast period. Large demand for digital signage across different segments is anticipated to show a positive impact on the market. Major improvements such as advanced digital signage 2.0 are expected in the retailing industry, leading to developments in business strategy. The explosion of gaming and m-commerce is expected to increase the demand for tablets and smartphones, which in turn, fuels the electronic display market during the projected years. Increase in demand for OLED and LED is projected to boost the segment growth.
The entertainment segment accounted for 30% of total revenue share
In terms of end-use, the global electronic display market is classified as entertainment, retail, corporate, government, and healthcare. The entertainment segment is anticipated to expand at a rapid pace during the forecast period. Substantial growth of the mobile gaming industry has led to the growth of this segment. The retail segment is projected to witness a CAGR of 11.3% during the forecast period. Retailers across the globe use digital signage for consumer targeting. Increase in the use of digital signage in the retail segment along with rising adoption of m-commerce retail has fueled the market.
Asia Pacific region is expected to dominate the global electronic display market during the forecast period
On the basis of regions, the global electronic display market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific is expected to expand at a substantial CAGR during the forecast period. Low manufacturing costs along with lenient government restrictions in the region has encouraged key manufacturers to launch manufacturing centers in the region, which in turn, is expected drive the regional market.
The market in North America is projected to grow during the forecast period. Rise in disposal incomes and improved lifestyle of people are estimated to increase the demand for advanced display applications.
Segments
The global electronic display market has been segmented on the basis of
Technology
Applications
- Automotive Display
- Digital Signage
- Consumer Electronics
End-use
- Entertainment
- Retail
- Corporate
- Government
- Healthcare
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- ActiveLight Inc.
- LG Electronics
- AU Optronics Corp.
- Cambridge Display Technology Ltd.
- Casio Computers Co. Ltd.
- Mitsubishi Electric Corporation
- Toshiba Corporation
- Panasonic Corporation
- Zenith Electronics Corporation
- Sony Corporation
Competitive Landscape
Key players in the global electronic display market include ActiveLight Inc., LG Electronics, AU Optronics Corp., Cambridge Display Technology Ltd., Casio Computers Co. Ltd., Mitsubishi Electric Corporation, Toshiba Corporation, Panasonic Corporation, Zenith Electronics Corporation, and Sony Corporation. Smartphone producers and manufacturers of consumer electronics are forming alliances with display technology manufacturers to produce advanced electronic display components.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Display Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Display Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Display Market - Supply Chain
4.5. Global Electronic Display Market Forecast
4.5.1. Electronic Display Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Display Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Electronic Display Market Absolute $ Opportunity
5. Global Electronic Display Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Electronic Display Market Size and Volume Forecast by Applications
5.3.1. Automotive Display
5.3.2.
Digital Signage
5.3.3.
Consumer Electronics
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Electronic Display Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Electronic Display Market Size and Volume Forecast by End Users
6.3.1. Entertainment
6.3.2.
Retail
6.3.3.
Corporate
6.3.4.
Government
6.3.5.
Healthcare
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Electronic Display Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Electronic Display Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Electronic Display Demand Share Forecast, 2019-2026
8. North America Electronic Display Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Electronic Display Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Electronic Display Market Size and Volume Forecast by Applications
8.4.1. Automotive Display
8.4.2.
Digital Signage
8.4.3.
Consumer Electronics
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. North America Electronic Display Market Size and Volume Forecast by End Users
8.7.1. Entertainment
8.7.2.
Retail
8.7.3.
Corporate
8.7.4.
Government
8.7.5.
Healthcare
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Electronic Display Demand Share Forecast, 2019-2026
9. Latin America Electronic Display Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Electronic Display Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Electronic Display Market Size and Volume Forecast by Applications
9.4.1. Automotive Display
9.4.2.
Digital Signage
9.4.3.
Consumer Electronics
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Latin America Electronic Display Market Size and Volume Forecast by End Users
9.7.1. Entertainment
9.7.2.
Retail
9.7.3.
Corporate
9.7.4.
Government
9.7.5.
Healthcare
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Electronic Display Demand Share Forecast, 2019-2026
10. Europe Electronic Display Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Electronic Display Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Electronic Display Market Size and Volume Forecast by Applications
10.4.1. Automotive Display
10.4.2.
Digital Signage
10.4.3.
Consumer Electronics
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Europe Electronic Display Market Size and Volume Forecast by End Users
10.7.1. Entertainment
10.7.2.
Retail
10.7.3.
Corporate
10.7.4.
Government
10.7.5.
Healthcare
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Electronic Display Demand Share Forecast, 2019-2026
11. Asia Pacific Electronic Display Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Electronic Display Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Electronic Display Market Size and Volume Forecast by Applications
11.4.1. Automotive Display
11.4.2.
Digital Signage
11.4.3.
Consumer Electronics
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Asia Pacific Electronic Display Market Size and Volume Forecast by End Users
11.7.1. Entertainment
11.7.2.
Retail
11.7.3.
Corporate
11.7.4.
Government
11.7.5.
Healthcare
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Electronic Display Demand Share Forecast, 2019-2026
12. Middle East & Africa Electronic Display Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Electronic Display Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Electronic Display Market Size and Volume Forecast by Applications
12.4.1. Automotive Display
12.4.2.
Digital Signage
12.4.3.
Consumer Electronics
12.5. Basis Point Share (BPS) Analysis by Applications
12.6. Y-o-Y Growth Projections by Applications
12.7. Middle East & Africa Electronic Display Market Size and Volume Forecast by End Users
12.7.1. Entertainment
12.7.2.
Retail
12.7.3.
Corporate
12.7.4.
Government
12.7.5.
Healthcare
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Electronic Display Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Electronic Display Market: Market Share Analysis
13.2. Electronic Display Distributors and Customers
13.3. Electronic Display Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. ActiveLight Inc.
13.4.2.
LG Electronics
13.4.3.
AU Optronics Corp.
13.4.4.
Cambridge Display Technology Ltd.
13.4.5.
Casio Computers Co. Ltd.
13.4.6.
Mitsubishi Electric Corporation
13.4.7.
Toshiba Corporation
13.4.8.
Panasonic Corporation
13.4.9.
Zenith Electronics Corporation
13.4.10.
Sony Corporation