Global Large Area LCD Display Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview

of Global Large Area LCD Display market:
The latest research study on the global Large Area LCD Display market finds that the global Large Area LCD Display market reached a value of USD 91117.07 million in 2022. It’s expected that the market will achieve USD 144510.7 million by 2028, exhibiting a CAGR of 7.99% during the forecast period.

Extensive downstream applications
With the development of the economy, especially the development of intelligence, the application of large area LCD displays has become more and more extensive. Including TV, indoor and outdoor signs. As the product becomes more popular in the personal and commercial fields, the market for large area LCD displays will further expand.

Development of the media and communications industry
The continued growth of the communications and media industries worldwide has driven the demand for high quality video content. This drives the large-area LCD display market.

Higher manufacturing costs
The equipment used to make large area LCD displays is very expensive. In the early stage, a large amount of cost was required, which hindered the expansion of the market to some extent. Therefore, large-scale production is very important for this industry.

Product yield problem
The display is usually made up of multiple layers of material and bonded substrates. It is possible to create a defective product at any point in the manufacturing process. In particular, the problem of screen brightness uniformity has a great impact on product quality.

Region Overview:
In global comparison, a significant portion of the revenue was generated in China (39.32% in 2022).

Company Overview:
LG Display is one of the major players operating in the Large Area LCD Display market, holding a share of 23.1% in 2023.

LG Display
LG Display is one of the world's largest manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels, OLEDs and flexible displays. LG Display is headquartered in Seoul, South Korea, and currently operates nine fabrication facilities and seven back-end assembly facilities in Korea, China, Poland and Mexico.

Samsung Display
Samsung Display Solutions is a specialized business division under the Samsung Electronics that has been established to provide display solutions.

Segmentation Overview:
Among different product types, LCD segment is anticipated to contribute the largest market share in 2028.

LCD
The liquid crystal display is a flat thin display device composed of a certain number of color or black and white pixels placed in front of the light source or the reverse side. Its main principle is to stimulate the liquid crystal molecules to generate dots, lines and faces to match the back lamp.

OLED/AMOLED
AMOLED (Active-matrix organic light-emitting diode) is a display technology. Among them, OLED (Organic Light Emitting Diode) is a specific type describing thin film display technology: organic electroluminescent display; AM (active matrix or active matrix) refers to the pixel addressing technology behind it.

Application Overview:
In the Large Area LCD Display market, 72.76% of the total value was generated through the Television segment by application in 2022.

The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Large Area LCD Display market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives.

For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.

As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.

Research Scope
This report provides an overview of the global Large Area LCD Display market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Large Area LCD Display and its sub-markets in an intuitive way.

Key Companies in the global Large Area LCD Display market covered in Chapter 3:
AUO
BOE
Sharp
Samsung Display
Innolux
CSOT
LG Display
JDI
HKC
CEC Panda

In Chapter 4 and Chapter 14.2, on the basis of types, the Large Area LCD Display market from 2018 to 2029 is primarily split into:
LCD
OLED/AMOLED

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Large Area LCD Display market from 2018 to 2029 covers:
Television
Laptop
Monitor
Tablet
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)

Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)

Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)

Latin America (Brazil, Mexico, Argentina)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)

Key Factors Considered

COVID-19
Amid the COVID-19 crisis, the Large Area LCD Display market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.

Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.

Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.

Chapter Outline

Chapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.

Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.

Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.

Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.

Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.

Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.

Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.

Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.

Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented.

Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.

Years considered for this report:

Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2029

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