Future Market Insights (FMI) delivers incisive insights into
emerging markets in its latest report titled, “Flat Panel Display Market:
Global Industry Analysis and Opportunity Assessment 2014 - 2020”. The
report states that the Global Flat Panel Display Market will
expand at a CAGR of 5.8% and reach a valuation of US$ 135 Bn by 2020. The
global flat panel display market is mainly driven by increasing adoption of FPD
in mobile devices and increasing consumer demand for monitors in automobiles.
The global flat panel display market is expected to be one of the
major markets in the near future. Growth of flat panel display market across
the globe is driven by factors, such as high rate of technology adoption,
increasing demand for big size displays, developing consumer electronics
market, and increasing investment on research and development by flat panel
display manufacturers.
Global FPD market is classified on the basis of technology,
application and region. By technology, the overall FPD market is segmented into
- Liquid crystal Display (LCD), Plasma Display (PDP), Organic Light Emitting
Diode Display (OLED) and others. Liquid Crystal display is the major technology
for FPD market, accounting for over 80% share of the market in 2014.
Browse Full: "Flat Panel Display Market: Global Industry
Analysis and Opportunity Assessment 2014 - 2020" Market Research
Report at http://www.futuremarketinsights.com/reports/details/global-flat-panel-display-market
On the basis of applications, the global flat panel display market
is segmented into consumer electronics, automotive application and others. The
other applications of flat panel display includes healthcare, defence &
military, etc. The consumer electronics segment is sub-segmented into
television (TV), mobile phone and personal computer (PC). Consumer electronics
segment is the leading application in the flat panel display market with a
collective market share over 70% in 2014; it is anticipated to exhibit the
fastest CAGR over 15% during the forecast period 2015 – 2020. Consumer
electronics market is followed by automotive application with over 7.5% CAGR
during the forecast period. The growth in flat panel display market is
attributed to technological developments in electronics and semiconductor
industry and increasing implantation of flat panel display for consumer
products such as televisions, smartphones, tablets and laptops. Significant
increase in the demand of flat Panel displays is attributed to high definition
image quality offered by various FPDs, reduction in prices of LCDs and plasma
displays.
On the basis of region, the flat panel display market is segmented
as Americas, Europe, APAC (excluding Japan), Japan (as a region) and MEA. In
2014, Asia Pacific was the dominant geographical region in the overall global
flat panel display market with over 80% share by revenue, followed by Japan. In
2014, China, Taiwan, Korea and Japan were the most lucrative markets in the
APAC region.
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Technological advancements and innovations remain the key to
gaining a competitive edge in the flat panel display market. Companies such as
Panasonic Corporation, Sony Corporation, LG Display Co. Ltd., Emerging Display
Technologies Corp., Innolux Corp., Sharp Corporation, Japan Display Inc.,
Samsung Electronics Co. Ltd., Universal Display Corporation and AU Optronics
Corporation are some of the major players in global flat panel display market
and account for maximum market share and constantly focus on new product
release, R&D, mergers and acquisitions to expand their geographical
presence and customer base.
Future Market Insights (FMI) is a leading market intelligence and consulting firm delivering syndicated research reports, custom research reports and consulting services which are personalised in nature. FMI delivers a complete packaged solution, combining current market intelligence, statistical anecdotes, technology inputs, valuable insights into market growth patterns, a bird’s-eye view of the competitive framework and future market trends.
Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.
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