Dec 13, 2022 SOURCE: BusinessWire

Global Displays Strategic Business Report 2022: 46 Companies Featured Including LG Display, Panasonic, Samsung Electronics and SAP - ResearchAndMarkets.com

The "Displays: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Displays estimated at US$148.2 Billion in the year 2020, is projected to reach a revised size of US$188.6 Billion by 2027, growing at a CAGR of 3.5% over the analysis period 2020-2027.

LCD, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$115.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the OLED segment is readjusted to a revised 4% CAGR for the next 7-year period.

The U.S. Market is Estimated at $40.1 Billion, While China is Forecast to Grow at 5.6% CAGR

The Displays market in the U.S. is estimated at US$40.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$37.1 Billion by the year 2027 trailing a CAGR of 5.6% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$24.5 Billion by the year 2027.

Micro-LED Segment to Record 3.4% CAGR

In the global Micro-LED segment, USA, Canada, Japan, China and Europe will drive the 3.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.9 Billion in the year 2020 will reach a projected size of US$11.1 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 3.7% CAGR through the analysis period.

Select Competitors (Total 46 Featured) -

AU Optronics Corporation
BOE Technology Group Co., Ltd.
Chunghwa Picture Tubes Ltd.
Hannstar Display Corporation
Innolux Corporation
Japan Display, Inc.
LG Display Co., Ltd.
Panasonic Corporation
Samsung Electronics Co., Ltd.
SAP SE

What's New for 2022?

Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and a Research Platform
Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
Impact of Covid-19 and a Looming Global Recession
Displays - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/why2t3