Friday, March 29, 2024

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Energy and Utilities Rise in Use of Display Screens Expected to Drive Global Flat Display...

Rise in Use of Display Screens Expected to Drive Global Flat Display Panel Market: Ken Research

Flat display panel is a display screen used for displaying the information in form of picture, video, text, and others. It widely provides direct interface between human & machine interactions. The use of such flat display panels are now being used over various equipments, such as smartphone, TV, tablets, PCs, and others. The technology based Innovations in display based technologies now started focusing towards reducing harmful effects towards health challenges of end user. The technological based advancements in flat display panel have further enhanced the viewing experience of user, also consuming less energy and heat. The increase in demand from applications such as automotive, coupled with technological advancements and government initiatives such as smart cities have further led to a positive impact on the growth of global display panel market globally.

As per analysis, Global Flat Display Panel Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use the key companies operating in the global flat display panel market include Omnivex Corporation, ADFLOW Networks Inc., NEC Display Solutions Ltd., Samsung Electronics Co., Ltd., AU Optronics Corporation, Panasonic Corporation, LG Display Co., Ltd., Sony Corporation, Planar Systems, Inc., Sharp Corporation and among others. Growth in participation by the renowned players in the form of increased research & development (R&D) budgets for the launch of new & enhanced products coupled with rising investments in new manufacturing facilities with an aim to meet the increasing consumer demand and gain a competitive edge in the global market also shows the potential for the growth of flat display panel market in the given time frame.

By type, flat display panel market is segregated as billboards, kiosks, signboard and menu boards. In addition, based on application, market is segmented as institutional, healthcare, commercial and infrastructural.

The flat display panel market is driven by growth in urbanization, followed by surge in demand for wearable technologies, rise in disposable income, increase in propensity of the consumer to spend on consumer electronics, rise in usage of displays for various emerging applications like digital signage across several sectors including sports, media & entertainment and growth in demand for televisions, smart-phones, and other electronic devices that comprises displays.  Apart from this, high cost involved in the production of advanced display panels is a major hindering factor for market. Moreover, rise in usage of displays for emerging applications such as digital signage, vehicles, and others create significant opportunities for market.

By regional analysis, the North-America is a leading region in global flat display panel market owing to growth in adoption of advanced technologies and rise in corporate sales sector across the region. The Asia-Pacific and Europe regions are estimated to witness higher growth rate due to growth in investments by market players in new manufacturing facilities coupled with presence of strong manufacturing base in the globally emerging economies such as China and India over the forecast period. It is predicted that future of the global flat display panel market will be bright as a result of rise in demand for wearable devices such as smart-watches, smart bands, and fitness trackers among people during the forecast period.

For More Information, refer to below link:-

Global Flat Display Panel Market

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

RELATED ARTICLES

Driving Forces and Future Outlook of the US Dry Type Transformer Market

Buy Now What is the Size of US Dry Type Transformer Industry? US Dry Type Transformer Market is expected to grow at a CAGR of ~%...

How Hitachi’s new technology will dominate the US dry type transformers market

Buy Now One of the leading players in transformer industry is Hitachi, which has been coming up with various new technological innovations with dry type...

US Dry type transformers Market expected to grow with CAGR of ~2% by 2028

Buy Now Dry type transformers are the trending transformers, which are hyping in the market, as they do not require cooling since their windings are...

Most Popular

From Humble Beginnings to a $52 Billion Boom: Unveil Opportunities in India’s Booming Interior Design Market

India's interior designing market is witnessing a remarkable transformation, driven by various factors. This blog delves into the market size, growth projections, key trends,...

Smartphone Industry Insights: Navigating Growth, Trends, and Opportunities

The smartphone industry is a juggernaut, weaving itself into the fabric of our daily lives. From communication to commerce and entertainment, these pocket-sized powerhouses...

Theme Park Boom: Market Size, Trends & Top Players Shaping the Thrilling Future

The theme park industry isn't just about roller coasters and cotton candy anymore. It's a multi-billion dollar global phenomenon, offering immersive experiences that cater...

The Analysis on Global Capital Market, Industry and Report

The world of finance can be a complex labyrinth, especially when terms like "global capital markets" and "investment banking" get thrown around. While they're...