Flat Panel Display (FPD) Products Market Emerging Trends, Technological Advancements, and Business Strategies 2024-2030

The global Flat Panel Display (FPD) Products market was valued at US$ 133120 million in 2023 and is projected to reach US$ 135320 million by 2030, at a CAGR of 3.7% during the forecast period.

The global Flat Panel Display (FPD) Products market was valued at US$ 133120 million in 2023 and is projected to reach US$ 135320 million by 2030, at a CAGR of 3.7% during the forecast period.

Market Size in 2023US$ 133120 MillionForecast Market Size By 2030US$ 135320 Million
Growth RateCAGR of 3.7%Number of Pages200+ Pages
Flat Panel Display (FPD) products refer to a wide range of electronic displays that utilize various technologies, such as Liquid Crystal Display (LCD), Plasma Display, Organic Electroluminescent Display (OLED), and Light-Emitting Diode (LED) displays. These products are used in various electronic devices, including consumer, medical, transportation, and industrial equipment. FPDs are known for their thin, lightweight design, better linearity, and higher resolution compared to older display technologies, such as Cathode Ray Tube (CRT) displays.
FPDs can be found in a variety of devices, such as televisions, laptops, mobile phones, portable cameras, and digital signage. The increasing adoption of FPDs in consumer electronics can be attributed to their lower power consumption and lighter weight compared to CRT displays. In fact, by 2016, FPDs had largely replaced CRT displays in most applications.

This research report provides a comprehensive analysis of the Flat Panel Display (FPD) Products market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Flat Panel Display (FPD) Products market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Flat Panel Display (FPD) Products, challenges faced by the industry, and potential opportunities for market players.

The global Flat Panel Display (FPD) Products market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Flat Panel Display (FPD) Products market presents opportunities for various stakeholders, including Smartphone and Tablet, Smart Wearable. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Flat Panel Display (FPD) Products market. Additionally, the growing consumer demand present avenues for market expansion.

The electronic information industry has witnessed remarkable growth globally, with the flat panel display (FPD) sector playing a crucial role. According to the data from CODA, the General Administration of Customs, and CCID, here’s a comprehensive overview of the global electronic information industry and the flat panel display industry’s performance in 2021:

  1. Global Electronic Information Industry Scale:
    • The scale of the global electronic information industry was approximately US$10 trillion in 2021.
    • The new display production capacity reached about 350 million square meters.
    • The industry scale of the display sector was around US$150 billion.
    • The scale of the entire industry chain was approximately US$250 billion.
  2. Flat Panel Display (FPD) Industry Concentration:
    • The FPD industry is primarily concentrated in South Korea, Japan, Taiwan, and mainland China.
    • Mainland China has emerged as the largest panel production and manufacturing base, as well as a research and development application center.
  3. China’s Flat Panel Display Industry Performance in 2021:
    • Production Capacity: China’s flat panel display production capacity exceeded 200 million square meters, accounting for about 60% of the global production capacity.
    • Shipment: The shipping area of flat panel displays from China was about 160 million square meters, which was approximately 63.3% of the global shipment.
    • Industry Scale: The industry scale of China’s flat panel display sector was around $90 billion, accounting for about 36.9% of the global industry scale.
    • Sales Volume: China’s flat panel display sales volume was approximately $64.8 billion, with a total share of about 41.5% globally.
  4. China’s Upstream Display Materials Industry:
    • In terms of the entire industry chain, China’s proportion of upstream display professional materials output value is gradually increasing.
    • In 2021, China’s upstream display professional materials output value accounted for 28.5% of the global total.

Key Features:
The research report on the Flat Panel Display (FPD) Products market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.

  • Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Flat Panel Display (FPD) Products market.
  • Market Overview: The report provides a comprehensive overview of the Flat Panel Display (FPD) Products market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., LCD, OLED), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
  • Market Dynamics: The report analyses the market dynamics driving the growth and development of the Flat Panel Display (FPD) Products market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Flat Panel Display (FPD) Products market’s trajectory.
  • Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Flat Panel Display (FPD) Products market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
  • Market Segmentation and Forecast: The report segment the Flat Panel Display (FPD) Products market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
  • Technological Trends: The report should highlight the key technological trends shaping the Flat Panel Display (FPD) Products market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
  • Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Flat Panel Display (FPD) Products market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
  • Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Flat Panel Display (FPD) Products, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
  • Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Flat Panel Display (FPD) Products market.
  • Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.

Market Segmentation
Flat Panel Display (FPD) Products market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
  • LCD
  • OLED
  • ELD
  • OLED
  • FED
  • PDP
  • Projected Display

By Size:

  • Small and Medium-sized Displays (up to 32 inches)
  • Large-sized Displays (above 32 inches)

By Substrate Material:

  • Glass Substrates
  • Plastic Substrates
Market segment by Application
  • Televisions
  • Smartphones
  • Tablets and Laptops
  • Monitors
  • Automotive Displays
  • Digital Signage
  • Wearable Devices
  • Others
Global Flat Panel Display (FPD) Products Market Segment Percentages, By Region and Country, 2023 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Major players covered
  • Samsung
  • LGD
  • Boe Technology
  • TCL CSOT
  • Tianma Microelectronics
  • CETC
  • Shenzhen Huike
  • Visionox
  • Infovision Optoelectronics
  • Sharp
  • Japan Display Inc
  • AUO
  • Innolux Corporation
  • HannStar
  • Innolux Corp

Adoption in Consumer Electronics: FPDs are widely used in consumer electronics such as smartphones, tablets, laptops, televisions, and wearables. The increasing demand for these devices drives FPD adoption.

Retail Sector: The retail industry is a significant adopter of FPDs for digital signage and advertising purposes, contributing to the market’s growth.
Healthcare Industry: FPDs are used in medical devices such as diagnostic displays, surgical monitors, and X-ray detectors, driving demand in the healthcare sector.
Automotive Sector: As modern vehicles increasingly incorporate touchscreens and digital dashboards, the automotive industry’s demand for FPDs continues to rise.

Key Drivers:

  • Increasing demand for high-resolution displays: The demand for high-resolution displays in consumer electronics, such as smartphones, tablets, laptops, and televisions, is driving the growth of the FPD market.
  • Technological advancements: Technological advancements in FPD technology, such as the development of OLED displays, quantum dot displays, and flexible displays, are driving their adoption in various applications.
  • Increasing demand for large-size displays: The demand for large-size displays in applications such as digital signage, public information displays, and video walls is driving the growth of the FPD market.
  • Growing adoption of touchscreens: The growing adoption of touchscreens in consumer electronics and other applications is driving the demand for FPDs, as they enable intuitive user interfaces and improved user experience.
  • Increasing demand for energy-efficient displays: The demand for energy-efficient displays is driving the adoption of FPDs, as they offer low power consumption and improved energy efficiency compared to traditional display technologies.

Restrains:

  • High cost of advanced FPDs: Advanced FPDs with high resolution, large size, and advanced features can be expensive, which can limit their adoption in some cost-sensitive markets.
  • Limited availability of raw materials: The availability of raw materials required for the production of FPDs, such as glass substrates and display driver ICs, can be limited in some regions, which can impact their adoption.
  • Environmental concerns: The production of FPDs can have environmental impacts, such as the generation of hazardous waste and greenhouse gas emissions, which can impact their adoption in some regions.
  • Competition from alternative display technologies: Alternative display technologies such as micro-LED and mini-LED can be used in some applications, which can impact the demand for FPDs.
  • Short product lifecycle: The short product lifecycle of consumer electronics, particularly smartphones and tablets, can impact the demand for FPDs, as consumers frequently upgrade their devices.

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