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Global Industry Analysts Predicts the World Flat Panel Displays (FPDs) Market to Reach $171.6 Billion by 2026
[September 08, 2021]

Global Industry Analysts Predicts the World Flat Panel Displays (FPDs) Market to Reach $171.6 Billion by 2026


SAN FRANCISCO, Sept. 8, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Flat Panel Displays (FPDs) - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 16; Released: April 2021
Executive Pool: 6726
Companies: 174 - Players covered include AU Optronics Corp.; BOE Technology Group Co., Ltd.; Chunghwa Picture Tubes Ltd.; Clover Display Ltd.; Densitron Technologies Ltd.; Emerging Display Technologies Corp.; HannStar Display Corp.; Hantronix, Inc.; Innolux Corp.; Japan Display Inc.; Kopin Corp.; Kyocera Corp.; LG Display Co., Ltd.; Microtips Technology; Panasonic Corp.; Powertip Technology Corp.; Samsung Electronics Co., Ltd.; Sharp Corp.; Tianma America, Inc.; Tianma Japan, Ltd.; Universal Display Corp. and Others.
Coverage: All major geographies and key segments
Segments: Display Type (TFT LCD, OLED, Other Display Types); Application (Mobile Phones/Tablets, Television, Automotive, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Flat Panel Displays (FPDs) Market to Reach $171.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Flat Panel Displays (FPDs) estimated at US$146.6 Billion in the year 2020, is projected to reach a revised size of US$171.6 Billion by 2026, growing at a CAGR of 2.6% over the analysis period. TFT LCD, one of the segments analyzed in the report, is projected to record a 0.7% CAGR and reach US$112.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the OLED segment is readjusted to a revised 8.6% CAGR for the next 7-year period.


The U.S. Market is Estimated at $40.6 Billion in 2021, While China is Forecast to Reach $33.3 Billion by 2026
The Flat Panel Displays (FPDs) market in the U.S. is estimated at US$40.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$33.3 Billion by the year 2026 trailing a CAGR of 4.9% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR.

Other Display Types Segment to Reach US$13.7 Billion by the year 2026
In the global Other Display Types segment, USA, Canada, Japan, China and Europe will drive the 2.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.8 Billion in the year 2020 will reach a projected size of US$10.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.


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