Global Electronic Display Market Set for Rapid Growth, to Reach Around USD 190.66 Billion by 2023

14-Mar-2018 | Zion Market Research

Zion Market Research has published a new report titled “Electronic Display Market by Technology (LCD, LED, OLED, and Others), by Application (Digital Signage and TV, Smartphone and Tablet, PC Monitor and Laptop, Automotive Display, and Others) for Vertical (Consumer Electronics, Retail, Entertainment, Healthcare, Government, and Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2023”. According to the report, global electronic display market was valued at approximately USD 119.48 billion in 2017 and is expected to reach approximately USD 190.66 billion by 2023, growing at a CAGR of around 8.1% between 2018 and 2023. 

An electronic display is a device which shows images, texts or videos electronically without permanent storage. The electronic display acts as an output device which projects data in visual form through electrical signal as an input. Generating visuals in real time by converting electrical signals into images is the primary function of electronic display. There are different types of technologies being used in electronic displays such as LED, LCD, OLED, CCFL, CRT, and others. Due to its high peak intensity characteristic, LCDs produce bright images and consume less than one-third of power as compared to CRT displays. While light emitting diode (LED) display has a very simple electronic circuit and consumes around 70% less power as compared to a plasma display.

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Browse the full “Electronic Display Market by Technology (LCD, LED, OLED, and Others), by Application (Digital Signage and TV, Smartphone and Tablet, PC Monitor and Laptop, Automotive Display, and Others) for Vertical (Consumer Electronics, Retail, Entertainment, Healthcare, Government, and Others) - Global Industry Perspective, Comprehensive Analysis and forecast, 2017 – 2023” report at https://www.zionmarketresearch.com/report/electronic-display-market

Global Electronic Display Market

Due to less maintenance and comparatively lower cost than traditional displays, electronic displays are prominent in everyday life and this factor is expected to drive the growth of the global electronic display market. In addition, population growth and growing adoption of electronic devices in almost every sector are considered to be one of the major drivers of the electronic display market. Furthermore, the emergence of consumer electronics such as smartphones, laptops, smart televisions etc. is anticipated to fuel the growth of electronic display market across the globe. Traditionally, CRT displays have been used as a standard display device in machines, but with high advantages of LCDs and other technologies, CRT displays are becoming more sophisticated and this factor is further driving the growth of electronic display market worldwide. Moreover, high demand for OLED based devices, wearable devices, and flexible displays are expected to fuel the growth of electronic display market. Growing use of flexible liquid crystal displays and OLEDs in electric vehicles is further propelling this market globally. However, the high production cost of advanced display materials has been restraining the growth of electronic display market across the globe. 

Electronic display market is segmented on the basis of technology, application, vertical, and regional. Technology segmentation of the electronic display market includes LCD, LED, OLED, and others. On the basis of application, electronic display market is divided into digital signage and TV, smartphone and tablet, PC monitor and laptop, automotive display, and others. Vertical segmentation of electronic display market includes consumer electronics, retail, entertainment, healthcare, government, and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further bifurcation into major countries including U.S., France, UK, Germany, China, India, Japan, and Brazil. 

The report covers detailed competitive outlook including company profiles of the key participants operating in the global electronic display market. Key players profiled in the report include LG Electronics, ActiveLight Inc., AU Optronics, Cambridge Display Technology, Acer Inc., Zenith Electronics Corp., Sharp Corporation, Toshiba Corp., Sony Corp., Casio Computer Co. Ltd., and others. 

The global electronic display market has been segmented into:

Global Electronic Display Market: Technology Segment Analysis

  •  LCD
  •  LED
  •  OLED 
  •  Others

Global Electronic Display Market: Application Segment Analysis

  •  Digital Signage and TV
  •  Smartphone and Tablet
  •  PC Monitor and Laptop 
  •  Automotive Display
  •  Others

Global Electronic Display Market: Vertical Segment Analysis

  •  Consumer Electronics
  •  Retail
  •  Entertainment
  •  Healthcare
  •  Government
  •  Others

Global Electronic Display Market: Region Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Browse New Press Release: https://www.zionmarketresearch.com/news/electronic-display-industry

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