Display Panel Global Market and Trend
Display panels are an essential component of cell phones, TVs, tablet PCs, laptops, security monitoring equipment, car displays and other devices. The global display panel market is dominated by LCD, accounting for 96% of the market share.
The global display panel market size was 205 million square meters in 2017, growing to 2.7 million square meters in 2022, with a CAGR of 5.7% from 2017 to 2022. The global display panel market size is expected to grow to 305 million square meters in 2027, with a CAGR of 2.5% from 2022 to 2027.
Figure 2017-2027 Global Display Panel Market Size (Million ㎡) and CAGR
Display panels are mainly used in TV (69.8%), Monitors (11.4%), PC (7.3%), Mobile Phone (5.2%), Automotive (1.8%).