Global Large Area LCD Display Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Large Area LCD Display Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Large Area LCD Display market finds that the global Large Area LCD Display market reached a value of USD 91117.07 million in 2022. It’s expected that the market will achieve USD 144510.7 million by 2028, exhibiting a CAGR of 7.99% during the forecast period.

Extensive downstream applications

With the development of the economy, especially the development of intelligence, the application of large area LCD displays has become more and more extensive. Including TV, indoor and outdoor signs. As the product becomes more popular in the personal and commercial fields, the market for large area LCD displays will further expand.

Development of the media and communications industry

The continued growth of the communications and media industries worldwide has driven the demand for high quality video content. This drives the large-area LCD display market.

Higher manufacturing costs

The equipment used to make large area LCD displays is very expensive. In the early stage, a large amount of cost was required, which hindered the expansion of the market to some extent. Therefore, large-scale production is very important for this industry.

Product yield problem

The display is usually made up of multiple layers of material and bonded substrates. It is possible to create a defective product at any point in the manufacturing process. In particular, the problem of screen brightness uniformity has a great impact on product quality.

Region Overview:

In global comparison, a significant portion of the revenue was generated in China (39.32% in 2022).

Company Overview:

LG Display is one of the major players operating in the Large Area LCD Display market, holding a share of 23.1% in 2023.

LG Display

LG Display is one of the world's largest manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels, OLEDs and flexible displays. LG Display is headquartered in Seoul, South Korea, and currently operates nine fabrication facilities and seven back-end assembly facilities in Korea, China, Poland and Mexico.

Samsung Display

Samsung Display Solutions is a specialized business division under the Samsung Electronics that has been established to provide display solutions.

Segmentation Overview:

Among different product types, LCD segment is anticipated to contribute the largest market share in 2028.

LCD

The liquid crystal display is a flat thin display device composed of a certain number of color or black and white pixels placed in front of the light source or the reverse side. Its main principle is to stimulate the liquid crystal molecules to generate dots, lines and faces to match the back lamp.

OLED/AMOLED

AMOLED (Active-matrix organic light-emitting diode) is a display technology. Among them, OLED (Organic Light Emitting Diode) is a specific type describing thin film display technology: organic electroluminescent display; AM (active matrix or active matrix) refers to the pixel addressing technology behind it.

Application Overview:

In the Large Area LCD Display market, 72.76% of the total value was generated through the Television segment by application in 2022.

Key Companies in the global Large Area LCD Display market covered in Chapter 3:

HKC
LG Display
JDI
CEC Panda
Sharp
Innolux
CSOT
BOE
Samsung Display
AUO

In Chapter 4 and Chapter 14.2, on the basis of types, the Large Area LCD Display market from 2018 to 2029 is primarily split into:

LCD
OLED/AMOLED

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Large Area LCD Display market from 2018 to 2029 covers:

Television
Laptop
Monitor
Tablet
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)