ELECTRONIC DISPLAY MARKET Size and trends

Electronic Display Market Size and Trends

The Global Electronic Display Market is estimated to be valued at USD 168.37 Bn in 2025 and is expected to reach USD 215.49 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 3.6% from 2025 to 2032.

Key Takeaways of the Global Electronic Display Market:

• The LCD segment is expected to hold a share of 48.5% in the market in 2025.
• The consumer electronics segment dominates the market in 2025, holding an estimated share of 39.5%.
• Asia Pacific leads the market with an estimated share of 42.4% in 2025, while North America, holding an estimated share of 28.8% in the same year, is projected to display the fastest growth over the forecast period.

Market Overview:

The electronic display market is witnessing positive trends across various industries like consumer electronics, retail, transportation, healthcare, and corporate. Mobility and digitization are driving the demand for advanced electronic displays with higher resolution, contrast, and brightness. Growing preference for large-screen and OLED displays in premium smartphones and TVs along with the increasing penetration of smart home appliances is boosting the market revenues. Further, the increasing adoption of digital signage for advertising and the integration of displays in automotive and healthcare sectors are creating new opportunities for display panel manufacturers. The adoption of LCD and OLED displays in industries like aerospace and defense is expected to support the market growth during the forecast period.

To learn more about this report, Request sample copy

Key Developments:

• In June 2024, AUO, a Taiwan-based company specializing in optoelectronics, launched the world's first display manufactured entirely with 100% green energy, collaborating with Acer for the Aspire Vero 16 carbon-neutral laptop. The display uses self-sufficient solar power and green energy wheeling.
• In May 2023, LG, a provider of electronic appliances, introduced a new Micro LED display for virtual production studios, offering high brightness, exceptional color accuracy, and seamless integration. 

Top Strategies Followed by Global Electronic Display Market Players

• Established Players: Leading companies in the global electronic display market heavily focus on research and development to introduce innovative product technologies. For instance, Samsung Display invests over $1 billion annually in R&D to create cutting-edge displays like OLED panels. LG Display allocates 6-7% of annual sales to R&D and launched transparent and flexible displays. These extensive R&D investments allow top players to maintain technological superiority and market leadership.
• Mid-Level Players: Mid-sized electronic display manufacturers pursue strategies centered around delivering cost-effective solutions. For example, BOE Technology focuses on large-scale LCD production to offer competitive prices for applications like TV and mobile devices. Tianma Microelectronics provides budget-friendly small-to-medium sized LCD panels targeting price-conscious consumers. AU Optronics specializes in outsourcing mass production of LCDs at low costs for affordable consumer electronics. These cost-driven approaches help mid-tier players expand market share.
• Small-Scale Players: Small electronic display startups focus on niche areas not addressed by larger competitors. For instance, eMagin offers OLED-based virtual retinal displays for augmented reality applications. Neoview Kohler creates specialized medical LCDs for diagnostic instruments. Kent Displays addresses the automotive segment with customized in-vehicle displays. Such area expertise allows smaller players a foothold in the competitive electronic display market.

Emerging Startups - Global Electronic Display Industry Ecosystem

• Innovative Technologies: Startups like Kopin and JBD develop microdisplay technologies integrated with smart sensors for AR/VR applications. Seeing Machines creates eye-tracking sensor solutions with potential uses in HUDs for autonomous driving. These innovative technologies could enable advanced display experiences and drive the market towards sensing and AI-driven displays.
• Sustainable Solutions: Startups like Anthropic focus on developing more sustainable display technologies using recycled and biodegradable materials. Other firms explore ways to prolong display lifespan through software updates. These sustainable approaches could help address environmental issues and comply with future regulations on electronic waste handling.
• Market Contribution: Startups often target niche user bases overlooked by incumbents. For instance, Royole focuses on foldable displays enabling new product form factors. Ostendo creates transparent LCD technology for applications in aircraft cockpits.