Report Code: A08471 | Pages: NA | Jul 2023 | 3088 Views | ||
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Request Now !Display material is a surface, which is used in various devices such as mobile devices, media players, digital cameras, and in televisions. Rise in need of displays for various applications, surge in screen size, and innovations in display technologies are the factors expected to drive the display material market growth.Â
LED displays operate with lower energy compared to other display panels hence, LED screens are preferred for larger screen size. Display panels enable streaming of high-quality images at a lower energy consumption. The global market is experiencing a significant growth, and is expected to grow considerably in next few years.Â
The global display material market is segmented on the basis of material, application, technology, and region. Based on material, the display material market is divided into substrate, polarizer, color filter, liquid crystals, BLU, emitter & organic layer, and encapsulation. In terms of application, the market is categorized into television, smartphone & tablet, desktop/laptop, signage, automotive, and smart wearables. On the basis of technology, the market is segregated into LCD, OLED, AMOLED, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Top Impacting Factors
Growth of the market is relying on the rise in demand of high-end consumer electronic products, which are mainly into television applications and growing adoption into automotive ecosystem. Factors such as construction and upgrading of display panel manufacturing plants in the Asia-Pacific and increase in average screen size and resolution of television units significantly drive growth of the global market. However, faster drainage of battery and higher consumption of power can act as a major restraint in growth of the market.
Televisions hold the largest share in the LCD market in terms of area production. There is an increased consumption of display materials used in several display panels for the television application.
OLED Display Material Market Anticipated to Grow Rapidly During the Forecast Period
OLED display panel manufacturers with respect to producing thin display panels, requiring less materials or components and the fact that pixels in OLED display act as light as well as color source drive growth of the OLED market.
Key Benefits of the Report
COVID-19 Scenario Analysis
Questions Answered in the Display Material Market Research Report
Display Material Market Report Highlights
Aspects | Details |
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By Material |
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By Application |
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By Technology |
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By Region |
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Key Market Players | Corning (US), Samsung SDI (South Korea), JSR Corporation (Japan), Nitto Denko (Japan), Sumitomo Chemical (Japan), DIC Corporation (Japan), LG Chem (South Korea), Idemitsu Kosan (Japan), DowDuPont (US), Toray (Japan), Asahi Glass (Japan), Universal Display Corporation (US), Hodogaya Chemical (Japan), Merck (Germany) |
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