Global Large Area Displays Market 2017-2021

Global Large Area Displays Market 2017-2021

About Large Area Displays

The display industry has experienced many transitions in terms of technology and applications. Multiple display technologies are introduced in the market, resulting in a significant rise in the number of display applications. Cathode ray tube (CRT) TVs marked the beginning of display technology, which is now over 100 years old. OLED-based displays and quantum dots-based LCDs are the latest technologies in this industry.

Technavio’s analysts forecast the global large area displays market to grow at a CAGR of 1.62% during the period 2017-2021.Covered in this report

The report covers the present scenario and the growth prospects of the global large area displays market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of large area displays.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Large Area Displays Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • LG Display
  • Samsung Display
  • Innolux
  • AU Optronics
  • BOE Technology
Other prominent vendors
  • Chi Mei Optoelectronics
  • Chunghwa Picture Tubes (CPT)
  • HannsTouch Solution
  • HannStar Display
  • InfoVision Optoelectronics
  • Japan Display
  • Kaohsiung Opto-Electronics
  • NEC Display Solutions
  • Panasonic
  • Sharp
Market driver
  • Adoption of digital displays over traditional advertisement methods
  • For a full, detailed list, view our report
Market challenge
  • High manufacturing and retail costs and short life span of OLED displays
  • For a full, detailed list, view our report
Market trend
  • Interest towards large screen size products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Large Area Displays Market 2017-2021

Technavio recognizes the following companies as the key players in the global large area displays market: LG Display, Samsung Display, Innolux, AU Optronics, and BOE Technology

Other Prominent Vendors in the market are: Chi Mei Optoelectronics, Chunghwa Picture Tubes (CPT), HannsTouch Solution, HannStar Display, InfoVision Optoelectronics, Japan Display, Kaohsiung Opto-Electronics, NEC Display Solutions, Panasonic, and Sharp

Commenting on the report, an analyst from Technavio’s team said: “Screen size is one of the major buying criteria for consumer devices such as monitors, notebooks, tablets, and TVs. This trend for bigger screen enables consumers to connect to streaming videos and online video games. Ease of using media is one of the major factors driving the demand for tablets. LCD screen size for tablets increased from 7-10 inches to 10-13 inches.”

According to the report, OLED displays are thinner, lighter, more flexible, and emit brighter colors than other existing display technologies such as LCDs. Unlike LCDs, these do not require a backlight and have a fast response time of 0.01 milliseconds. OLED displays are flexible. Curved OLED TVs and other devices that utilize this feature offer a better viewing angle to users. OLED displays consume less power because of the phosphorescent organic material, which has better conversion rate than LCDs. The global OLED displays market is still in its nascent stage. Exponential growth in screen pixel numbers played a vital role in the adoption of OLED displays in 2016. LG Display is the pioneer in OLED technology and has a huge portfolio of OLED TVs. The company announced an investment of more than $8.7 billion to expand and build a new plant to produce OLED displays in 2015. This plant is expected to start its production by 2018, which will provide OLED displays for automotive, TVs, and wearables.

Further, the report states that large area display vendors highly depend on OEMs to market their products. OEMs, in turn, are dependent on the sales of monitors, notebooks, tablets, TVs, and other electronic devices that incorporate LCD or OLED/AMOLED panels. Sales of these devices are highly cyclical and sensitive to fluctuations in the global economy. These mass-market electronic devices have seasonal cycles, which result in fluctuating demands. Such fluctuations often lead to high inventory levels because of imbalance between supply and demand, thus resulting in changing production utilization rates by panel manufacturers to release excess inventory. Thus, the ASP of display panel decreases, leading to low-profit margin for vendors. Vendors must ensure that they meet the varying demand as per their production capacities and maintain demand-supply equation.

Companies Mentioned

LG Display, Samsung Display, Innolux, AU Optronics, BOE Technology, Chi Mei Optoelectronics, Chunghwa Picture Tubes (CPT), HannsTouch Solution, HannStar Display, InfoVision Optoelectronics, Japan Display, Kaohsiung Opto-Electronics, NEC Display Solutions, Panasonic, Sharp.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Display industry overview
      • Table Display industry: Overview
  • Market landscape
    • Market overview
      • Table Global large area displays market: Overview
    • Market size and forecast by revenue
      • Table Global large area displays market 2016-2021 ($ billions)
    • Market size and forecast by unit shipments
      • Table Global large area displays market 2016-2021 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Table Global large area displays market: Segmentation by technology 2016 (%)
    • Table Global large area displays market: Segmentation by technology 2016-2021 (%)
    • Global large area LCDs market
      • Table Global large area LCDs market 2016-2021 ($ billions)
      • Table Percentage share of different quality of video content in 2016 and 2021
      • Table Global large area LCDs market 2016-2021 (millions of units)
    • Global large area OLED/AMOLED displays market
      • Table Global large area OLED/AMOLED displays market 2016-2021 ($ billions)
      • Table Global large area OLED/AMOLED displays market 2016-2021 (millions of units)
  • Market segmentation by application
    • Table Global large area displays market: Segmentation by application 2016 (%)
    • Table Global large area displays market: Segmentation by application 2016-2021 (%)
    • Global large area television displays market
      • Table Global large area television displays market 2016-2021 (millions of units)
    • Global large area notebook displays market
      • Table Global large area notebook displays market 2016-2021 (millions of units)
    • Global large area monitor displays market
      • Table Global large area monitor displays market 2016-2021 (millions of units)
    • Global large area tablet displays market
      • Table Global large area tablet displays market 2016-2021 (millions of units)
    • Global large area other displays market
      • Table Global large area other displays market 2016-2021 (millions of units)
  • Geographical segmentation
    • Table Global large area displays market: Segmentation by geography 2016 (%)
    • Table Global large area displays market: Segmentation by geography 2016-2021 (%)
    • Large area displays market in APAC
      • Table Large area displays market in APAC 2016-2021 ($ billions)
    • Large area displays market in Americas
      • Table Large area displays market in Americas 2016-2021 ($ billions)
    • Large area displays market in EMEA
      • Table Large area displays market in EMEA 2016-2021 ($ billions)
  • Market drivers
    • Adoption of digital displays over traditional advertisement methods
    • High investments in OLED displays
    • Technological developments in LCDs
    • Establishment of UHD alliance
    • Shifting consumer interest toward 2-in-1 convertible PCs
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Cyclic nature of display industry
      • Table Unit shipments of display products 2016-2021 ($ millions)
    • Declining shipments of notebooks and monitors
    • High manufacturing and retail costs and short life span of OLED displays
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Interest toward large size screen products
    • Increased investment in fabs
    • Reduced thickness of LCD glass substrates
    • Growing popularity of curved displays
      • Table Global curved TV market 2016-2021 ($ billions)
    • Growing popularity of flexible displays
      • Table Flexible OLED display structure
    • Growing popularity of 3D display
  • Vendor landscape
    • Competitive scenario
      • Table Vendor share: Global large area displays markets 2016 (%)
      • Table Competitive scenario of global large area displays market
  • Key Vendor Analysis
    • LG Display
    • Samsung Display
    • Innolux
    • AU Optronics
    • BOE Technology
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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