From 2019 to 2026, the global flat panel display market is expected to grow at a CAGR of 6.10 percent, from $116.80 billion in 2018 to $189.60 billion in 2026. A flat panel display is a type of electronic display that projects information such as photos, videos, words, or other visual content.
A Flat Panel Display Market (FPD) is an electronic viewing device that lets users view material such as text or moving images in a variety of consumer gadgets, mobile devices, and entertainment. FPDs are smaller and lighter than cathode-ray tubes (CRTs), which are typically less than 10 cm in diameter. FPDs are divided into two categories: emissive displays and non-emissive displays. LEDs are examples of emissive displays, whereas LCDs are examples of non-emissive displays. TV monitors, laptop computers, portable gadgets, digital cameras, packet video games, and other devices all use these displays. FPDs have a high pixel resolution, a higher contrast setting, and use less power.
Recent Happenings:
AU Optronics and PlayNitride Inc., a Micro LED technology vendor, teamed in April 2020 to develop high-resolution flexible micro-LED display technology. AUO and PlayNitride combined their display and LED experience to create the industry's first 9.4-inch high-resolution flexible micro-LED display with the highest 228 PPI pixel density.
LG Display exhibited its latest displays and technologies at CES 2020, which took place from January 7 to 10 in Las Vegas. A 65-inch Ultra HD (UHD) Bendable OLED panel and a 55-inch Full HD (FHD) Transparent OLED display will be unveiled by the business.
LG Display announced the opening of its 8.5th generation (2,200mm x 2,500mm) OLED panel manufacturing plant in Guangzhou, China, in August 2019, with plans to create 10 million large-size OLED panels per year.
In terms of value, the Asia Pacific excluding Japan dominated the worldwide mobile phone accessories market in 2020, accounting for 84.8 percent of the market, followed by Europe and the Americas.
Section of Competition
Sony Corporation, AU Optronics Corp., Panasonic Corporation, Emerging Display Technologies Corp., LG Display Co. Ltd., Innolux Corp., Universal Display Corporation, Japan Display Inc., and Samsung Electronics Co. Ltd. are among the major players in the global flat panel display industry.
LG Display announced the opening of its 8.5th generation (2,200mm x 2,500mm) OLED panel manufacturing plant in Guangzhou, China, in August 2019, with plans to create 10 million large-size OLED panels per year.
In terms of value, the Asia Pacific excluding Japan dominated the worldwide mobile phone accessories market in 2020, accounting for 84.8 percent of the market, followed by Europe and the Americas.
Section of Competition
Sony Corporation, AU Optronics Corp., Panasonic Corporation, Emerging Display Technologies Corp., LG Display Co. Ltd., Innolux Corp., Universal Display Corporation, Japan Display Inc., and Samsung Electronics Co. Ltd. are among the major players in the global flat panel display industry.
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