8/20/2021 Display Market – Global Industry Analysis, Size, Share, Growth, Trends, And Forecast – Facts and Trends

Display Market – Global Industry Analysis, Size,

Share, Growth, Trends, And Forecast
AUGUST 19, 2021 BY SURENDRA CHOUDHARY  ♥

Display: Introduction

Display is an output device used for presentation of information in visual or tactile form. When
the input information is provided by an electrical signal, then the display is called an electronic
display.
Display can be a computer output surface that shows text and graphic images to the computer
user, using a cathode ray tube (CRT), liquid crystal display (LCD), light-emitting diode, gas
plasma, or other image projection technology
Anything that connects to a computer and displays its output is called display device.
Display systems are also called a video monitor or Video display unit (VDU). Commonly used
displays are CRT monitor, flat-panel display, LCD, projector, and TV

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Rise in Demand for Displays Globally

Display is widely used to provide information to public in transportation. Train stations, bus
stops, and airports have to communicate with travelers all the time to provide information about
arrival and departure times. Display is helpful to inform about possible delays, weather
conditions, and promote shops, which in turn fuels the display market
Displays play a major role in digital advertising of any brand or product. Digital LED billboards
are installed at the busiest places in the city or on the roofs of tall buildings. This offers excellent
opportunity to businesses to reach a large number of customers.
Displays are also utilized to broadcast live events or concerts. Football, tennis, basketball or any
sports events are displayed to people away from the field. LED displays used in stadiums is a
highly lucrative way to display.
Foldable displays have been gaining popularity in tablets, smartphones, and notebooks for the
last few years. Increase in adoption of OLED and flexible displays by smartphone manufacturers
is further boosting the global display market

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Asia Pacific to Lead Global Display Market

Asia Pacific is leading the global display market, due to a rise in the number of display panel
manufacturing plants and high rate of adoption of OLED displays in the region
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8/20/2021 Display Market – Global Industry Analysis, Size, Share, Growth, Trends, And Forecast – Facts and Trends

Different companies have established their new OLED and LCD panel manufacturing plants in
Asia Pacific. The consumer electronics, retail, BFSI, healthcare, transportation, sports &
entertainment sectors are expected to fuel the display market in Asia Pacific.
The COVID-19 pandemic has increased the demand for smartphones and laptops because of rise
in work-from-home in the population across the globe. Moreover, financial and education
institutions are extensively using digital displays as teaching methods. These factors are
boosting the use of small and large-scale displays for commercial and business purposes.

Key Players Operating in Global Display Market

Kent Displays, Inc.

LG Display Co. Ltd.
Samsung Electronics Co. Ltd.
Japan Display Inc.
Corning Incorporated
Sony Corporation
AU Optronics

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