Next Generation Display Market: Global Industry Analysis and Forecast (2023-2029)

Next Generation Display Market is expected to reach US$ 474.15 Bn. by 2029, at a CAGR of 11.7% during the forecast period.

Next Generation Display Market Overview:

The term "next-generation display" refers to the technology that distinguishes modern display technologies from older ones. Next-generation displays are more advanced than LCD and plasma displays, and they consume less energy. The size of the next-generation display market in 2022 is USD 218.54 Bn. These next-generation displays give us better performance and are useful in upgrading the displays of numerous items, such as e-readers. Next-generation screens are suited for a variety of environments and require little upkeep. Because of their great heat resistance, they are utilized in computer monitors, television screens, and other electronic devices. High resolution, greater display quality, and improved backlighting are all features of next-generation displays.To know about the Research Methodology :- Request Free Sample Report

Next Generation Display Market Dynamics:

The global next-generation display market is expected to grow at CAGR of xx% during the forecast period, due to the rising demand for technologically advanced displays in the entertainment sector. Other reasons expected to promote the growth of the target market are increased disposable income, changing lifestyles, and the development of technologically advanced electronic items. Other factors projected to fuel revenue growth of the global next-generation display market include shifting trends in the display market, broader viewing angles, and high-resolution smartphones and tablets, displays, digital cameras, projectors, smart TVs, and camcorders are among the 4K technological products available. Because the demand for large screens is growing in the TV market, the smart TV market is likely to rise rapidly in the next three to four years. The expensive cost of the materials utilized and the applications developed using this display, however, is projected to limit the industry's growth. Price reduction through mass production and low-cost fabrication are two potential market players. Filmmakers are increasingly using high-resolution photos, and this trend is expected to fuel the 4K industry in the future years. However, because 4K technology requires a lot of storage and a lot of bandwidth to broadcast such high-resolution videos and pictures, these requirements are hurdles for such next-generation technology.

Next Generation Display Market Segment Analysis:

Based on Technology, The market is segmented into OLED, IPS, TFT-LCD, and other technology types. In 2022, The OLED segment held the highest revenue share xx % and it is expected to grow at a quicker rate of xx% during the forecast period. OLED screens are in high demand due to advanced features such as high resolution, thin structure, and lightweight material. Household demand for average and large-sized flat-panel TVs, as well as a growing need for small, high-resolution smart phones with large screens, is driving the global TFT-LCD display panel segment. The TFT-LCD display panel segment is also benefiting from the growing demand for portable and small-sized tablets in the educational and commercial sectors. The market is being driven by rising demand for vehicle displays, a booming gaming industry, and the rising popularity of 3D cinema. Despite fears about a market oversupply, shipments of large TFT-LCD display panels increased in 2022. Based on Material, The market is segmented into the substrate, polarizer, color filter, liquid crystal, backlighting unit, emitter, organic layer, and encapsulation. In 2022, the emitter and organic layer sector was the largest stakeholder among the other material categories in the global market, with a strong CAGR of xx% over the forecast period. In 2022, the substrate sector had the second-largest share of the material segment. Based on application, the market is segmented into smartphones, televisions and monitors, smart watches, automotive displays, laptops, and tablets. When compared to other application segments in the global market, television and monitor contributed a bigger revenue share. This can be linked to the growing popularity of large-screen displays. The laptop and tablet sector accounted for a significant percentage of sales and is expected to grow at a steady rate during the forecast period.

Next Generation Display market Regional Insights:

In 2022, the Asia Pacific market held the majority revenue share xx%, of the global market, and it is predicted to grow at a CAGR of xx% over the forecast period. China, Japan, and South Korea currently contribute the most income to the Asia-Pacific market. This is due to an increase in R&D projects, financial backing from governments and private investors, and an increase in the number of display material manufacturers and suppliers in the region. North America is expected to grow at a moderate double-digit CAGR of xx% during the forecast period. The United States and Canada contributed the most revenue of North American market, respectively, and this trend is projected to continue during the forecast period. The growth of the next generation display materials market is being fueled by technological advancements and increased demand for OLED displays as a result of rising disposable income and changing lifestyles among consumers in the area. The objective of the report is to present a comprehensive analysis of the Leak Detection and Repair Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Leak Detection and Repair Market dynamics, structure by analyzing the market segments and projects the Leak Detection and Repair Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Leak Detection and Repair Market make the report investor’s guide.

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Global Next Generation Display Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 218.54 Bn.
Forecast Period 2023 to 2029 CAGR: 11.7% Market Size in 2029: US $ 474.15 Bn.
Segments Covered: by Technology OLED IPS TFT-LCD
by Material Substrate Polarizer color filter liquid crystal backlighting unit Emitter organic layer encapsulation
by Application Smartphones Televisions and Monitors Smart Watches Automotive Displays Laptops and Tablets

Next Generation Display Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Next Generation Display Market, Key Players are

1. Philips 2. Sony 3. Universal Display Corporation (UDC) 4. Kyocera 5. LG 6. Samsung Electronics 7. Nova 8.Apple Inc. 9. Doosan Corporation 10. DowDuPont Inc. 11. eLux, Inc. 12 Idemitsu Kosan Co., Ltd. 13.JBD Inc. 14. LG Display Co., Ltd. 15. Merck Group 16. Nanoco Group plc 17. Nanosys Inc. 18. Novaled GmbH 19. Optovate Limited 20. PPG Industries Inc. 21. Plessey Semiconductors Frequently Asked Questions: 1. Which region has the largest share in Global Next Generation Display Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Next Generation Display Market? Ans: The Global Next Generation Display Market is growing at a CAGR of 11.7% during forecasting period 2023-2029. 3. What is scope of the Global Next Generation Display Market report? Ans: Global Next Generation Display Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Next Generation Display Market? Ans: The important key players in the Global Next Generation Display Market are – Philips, Sony, Universal Display Corporation (UDC), Kyocera, LG, Samsung Electronics, Nova, Apple Inc., Doosan Corporation, DowDuPont Inc., eLux, Inc., Idemitsu Kosan Co., Ltd., JBD Inc., LG Display Co., Ltd., Merck Group, Nanoco Group plc, Nanosys Inc., Novaled GmbH, Optovate Limited, PPG Industries Inc., and Plessey Semiconductors 5. What is the study period of this Market? Ans: The Global Next Generation Display Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Next Generation Display Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Next Generation Display Market 3.4. Geographical Snapshot of the Next Generation Display Market, By Manufacturer share 4. Global Next Generation Display Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Next Generation Display Market 5. Supply Side and Demand Side Indicator 6. Global Next Generation Display Market Analysis and Forecast, 2022-2029 6.1. Global Next Generation Display Market Size & Y-o-Y Growth Analysis. 7. Global Next Generation Display Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 7.1.1. OLED 7.1.2. IPS 7.1.3. TFT-LCD 7.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 7.2.1. Substrate 7.2.2. Polarizer 7.2.3. color filter 7.2.4. liquid crystal 7.2.5. backlighting unit 7.2.6. Emitter 7.2.7. organic layer 7.2.8. encapsulation 7.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.3.1. Smartphones 7.3.2. Televisions and Monitors 7.3.3. Smart Watches 7.3.4. Automotive Displays 7.3.5. Laptops and Tablets 8. Global Next Generation Display Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Global Next Generation Display Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 9.1.1. OLED 9.1.2. IPS 9.1.3. TFT-LCD 9.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 9.2.1. Substrate 9.2.2. Polarizer 9.2.3. color filter 9.2.4. liquid crystal 9.2.5. backlighting unit 9.2.6. Emitter 9.2.7. organic layer 9.2.8. encapsulation 9.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.3.1. Smartphones 9.3.2. Televisions and Monitors 9.3.3. Smart Watches 9.3.4. Automotive Displays 9.3.5. Laptops and Tablets 10. North America Global Next Generation Display Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Global Next Generation Display Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Global Next Generation Display Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Global Next Generation Display Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Global Next Generation Display Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Global Next Generation Display Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Global Next Generation Display Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Global Next Generation Display Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Global Next Generation Display Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Global Next Generation Display Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Global Next Generation Display Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Global Next Generation Display Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Global Next Generation Display Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Global Next Generation Display Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Global Next Generation Display Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Global Next Generation Display Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Global Next Generation Display Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Global Next Generation Display Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Global Next Generation Display Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Global Next Generation Display Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Global Next Generation Display Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Global Next Generation Display Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Global Next Generation Display Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Global Next Generation Display Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Global Next Generation Display Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Global Next Generation Display Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Global Next Generation Display Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Global Next Generation Display Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Global Next Generation Display Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Global Next Generation Display Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Global Next Generation Display Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Global Next Generation Display Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Global Next Generation Display Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Global Next Generation Display Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Global Next Generation Display Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Technology, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Material, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Next Generation Display Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Technology’s and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.4. M&A by Regions, Investment and Verticals 45.2.5. M&A, Forward Integration and Backward 45.2.6. Integration 45.2.7. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Philips 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Sony 45.3.3. Universal Display 45.3.4. Kyocera 45.3.5. LG 45.3.6. Samsung Electronics 45.3.7. Nova 45.3.8. Apple 45.3.9. Doosan Corporation 45.3.10. DowDuPont 45.3.11. eLux, Inc 45.3.12. Idemistsu Kosan Co 45.3.13. JBD 45.3.14. Merck Group 45.3.15. Nanoco Group plc 46. Primary Key Insights

About This Report

Report ID 115158
Category Electronics
Published Date July 2023
Updated Date
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