Display Market Worth $206.29 Bn by 2025 | CAGR 7.4%: Allied Market Research

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Sep 13, 2018, 08:00 ET

PORTLAND, Oregon, September 13, 2018 /PRNewswire/ --

According to a recent report published by Allied Market Research, titled, Global Display Market by Display type, Technology, Application and Industry vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global display market was valued at $115.60 billion in 2017, and is projected to reach $206.29 billion by 2025, growing at a CAGR of 7.4% from 2018 to 2025.

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At present, North America dominates the market, followed by Europe. In 2017, U.S. dominated the North America market and UK led the overall market in Europe. However, in Asia-Pacific, China currently dominates the market.

High demand for flexible display technology in consumer electronic devices, increase in adoption of electronic components in the automotive sector, and rise in trend of touch-based devices drive the growth of the global display market. In addition, great adoption of AR/VR devices and commercialization of autonomous vehicles is anticipated to provide potential growth opportunities for the market. However, high cost of the transparent and quantum dot display technologies and stagnant growth of desktop PCs, notebook, and tablets restraints the growth of the global display market.

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Key Findings of the Display Market:

Based on display type, the flat panel segment led the global display market in 2017. However, the transparent panel segment is anticipated to grow at the highest CAGR during the forecast period (2018-2025).
North America held the majority of the market share in 2017.
By industry vertical, the television & digital signage segment has been dominating the global display market in 2017. However, the automotive segment is expected to grow at the highest CAGR during the forecast period (2018-2025).
Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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