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Smartphone Display Industry by Revenue, Growth Rate and Forecast to 2023Smartphone Display Market Overview in its recently published research report, Market Research Future (MRFR), asserts that the global smartphone display market is flourishing and poised to grow signficantly over the review period, recording a substantial revenue generation and a healthy CAGR in the forecast period. Drivers and Restraints The expansion of the smartphone display market is primarily fuelled by the growing demand for devices such as smartphones and tablets. Rising smartphone average costs coupled with consumer acceptances will demand for more technological advancements in the smartphones. Display screens have become one of the integral parameters for mobile device producers as the purchasing power of end users depends on the type of display, size and resolution of the display screen in the mobile phones. Increasing smartphone sales globally is projected to be the dominant driver of the smart phone display market. The shift in buyer preference is positively influencing the Chinese mobile market payers such as Oppo, Huawei, and Vivo to build attractive smartphones at an affordable prices. In addition, the market players are in the process to come up with flexible display screens. On the other hand, high cost of display are some factors that limits the growth of this market. Growing usage of high definition displays in wearable smart devices are some of the growing trends which is projected to create ample opportunities for manufacturers in this market. Segmental Analysis On the basis of type, the market is bifurcated into resistive, and capacitive display screens On the basis of display technology, the global smartphone display market is segmented into IPS-LCD, TFT-LCD, OLED, AMOLED, and others On the basis of size, the market for smartphone display is segmented into 4–5 inches, 0–4 inches, 5–6 inches, and above 6 inches Based on the resolution, the smartphone display market is divided into 1920 x 1080, 720 x 1280, and others Regional Analysis The geographic analysis of the global smartphone display market has been conducted in four major regions, covering the Asia Pacific, North America, Europe, and the rest of the world (the Middle East and Africa, Latin America,). Asia-Pacific is projected to dominate the market for smartphone display during the review period. The progress in Asia-Pacific region is dominated by China, Japan, and India due to the presence of large number of smartphone manufacturing industries. Asia Pacific which consists of China, Japan, India, and Australia captured the largest market share followed by North America. Asia Pacific displayed the fastest growth rate during the forecast period during the review period due to the emerging economies. India embodies huge potential for the smartphone industry with the slowdown of the mobile sales in U.S. China, and Europe as it is expected to be the second largest smartphone display market after China. The market in North America is also poised to grow during the forecast period due to the presence of major market players in North America such as Apple Inc., and Google. Due to early adoption of the modern technologies such as AMOLED, OLED, North America is projected to grow at a rapid rate following Asia-Pacific. Competitive Analysis The key market players operational in the global smartphone display market as identified by MRFR are Japan Display Inc.(Japan), SAMSUNG (South Korea), Toshiba Corporation (Japan), Sharp Corporation (Japan), LG Electronics Inc. (South Korea), Fujitsu Ltd. (Japan), Apple Inc. (US), Sony Corporation (Japan), Motorola Inc. (US), Mitsubishi Electric Corporation (Japan), among others. The global mobile display market is highly competitive with number of companies operating in the segment. Leading players are focusing on providing cost competitive products to the customers. Other players in markets are Tianma Microelectronics (China), NEC Corporation (Japan), AU Optronics Corp. (Taiwan), BOE Technology Group Company (China), and Chi Mei Corporation (Taiwan) Browse Complete Report @ https://www.marketresearchfuture.com/reports/smartphone-display-market-1172 As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |