Global LCD and OLED Panel Market Growth (Status and Outlook) 2024-2030

Global LCD and OLED Panel Market Growth (Status and Outlook) 2024-2030

Product Code:1236009

Published Date: Oct 31,2024

Pages: 92

Region: Global

Category: Electronics & Semiconductor

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The LCD panel controls the direction of rotation of the liquid crystal molecules through the signal and voltage on the thin film transistor, thereby controlling each pixel to emit polarized light, thereby achieving the purpose of display. The structure of the LCD panel is to place a liquid crystal box in two parallel pieces of glass, set a thin film transistor on the lower glass substrate, and basically set a color filter on the upper glass. Then, the direction of the liquid crystal molecules is changed by the signal and voltage of the thin film transistor, so that each pixel emits polarized light to achieve the purpose of display. At present, this technology is very mature, the market has been popularized, and the price is relatively low. OLED (Organic Light-Emitting Diode) is an organic light-emitting diode, which is a new product on mobile phone OLED. OLED display technology is different from traditional LCD display methods. It does not require a backlight. It uses a very thin organic material coating and a glass substrate (or a flexible organic substrate). When current passes through, these organic materials will emit light. In addition, OLED display screens can be made lighter and thinner, with a larger viewing angle, and can significantly save power consumption.

The global LCD and OLED Panel market size is projected to grow from US$ 116810 million in 2024 to US$ 146250 million in 2030; it is expected to grow at a CAGR of 3.8% from 2024 to 2030.

LPI (LP Information)' newest research report, the “LCD and OLED Panel Industry Forecast” looks at past sales and reviews total world LCD and OLED Panel sales in 2022, providing a comprehensive analysis by region and market sector of projected LCD and OLED Panel sales for 2023 through 2029. With LCD and OLED Panel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LCD and OLED Panel industry.

This Insight Report provides a comprehensive analysis of the global LCD and OLED Panel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on LCD and OLED Panel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LCD and OLED Panel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LCD and OLED Panel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LCD and OLED Panel.

United States market for LCD and OLED Panel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for LCD and OLED Panel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for LCD and OLED Panel is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key LCD and OLED Panel players cover Samsung, BOE, LG, Tianma Microelectronics, Visionox, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of LCD and OLED Panel market by product type, application, key players and key regions and countries.

Segmentation by Type:
    LCD Panel
    OLED Panel

Segmentation by Application:
    Consumer Electronics
    Commercial Screens
    Transportation Equipment
    Industrial Instruments
    Medical Equipment

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    LCD Panel
    OLED Panel

Segmentation by Application:
    Consumer Electronics
    Commercial Screens
    Transportation Equipment
    Industrial Instruments
    Medical Equipment

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Samsung
    BOE
    LG
    Tianma Microelectronics
    Visionox
    Shenzhen China Star Optoelectronics Technology
    HKC
    Innolux