An increasing demand for flat-panel displays in mobile devices has accelerated the growth of consumer electronics market. Increase in consumer awareness about flat-panel display-based products, high standards of living and introduction of innovative technologies are expected to increase the demand for these displays in the near future.
London, UK -- (SBWIRE) -- 04/06/2015 -- A flat-panel display is a very thin and light weight display screen used in laptops, monitors, televisions, smartphones, digital cameras and other portable devices. These displays are deployed in a variety of electronic visual display devices. These are lighter and thinner than traditional CRT (cathode ray tubes).The panel size is dependent on the device in which it is mounted. Flat-panel displays mostly use LCD (liquid crystal display) technology. With the introduction of more innovative technology based solutions, flat-panel displays are replacing traditional CRT-based consumer and industrial display systems.
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Flat-panel displays are light and thin, support high pixel resolution and more colours, and consume less electric power. Other features include better brightness and contrast ratio settings. On the other hand, flat-panel displays need more maintenance and safe handling, difficult to repair and involve a high associated manufacturing cost. Flat-panel displays provide display support not only to consumer electronics, but also to ATM machines, medical equipment and other high-end industrial applications.
An increasing demand for flat-panel displays in mobile devices has accelerated the growth of consumer electronics market. Increase in consumer awareness about flat-panel display-based products, high standards of living and introduction of innovative technologies are expected to increase the demand for these displays in the near future. However, high cost associated with these displays is hindering the growth of the flat-panel display market. The flat-panel display market is projected to witness a double-digit growth in the next six years. Growth of consumer electronics and information technology, and high profit returns in early life cycle of electronic products will bring subsequent growth to the flat-panel display market.
The global flat-panel display market has been segmented based on display technologies, applications, and geographies. The various display technologies used in flat-panel displays include LCDs (liquid crystal displays), plasma displays, FEDs (field emission displays), electrophoretic displays, electroluminescent panels and OLEDs (organic light-emitting diodes). The flat-panel display market has been segmented based on applications into various categories including televisions, monitors, smartphones, tablets, laptops, digital cameras, video cameras and other mobile devices. The flat-panel display market has also been segmented based on major geographical regions into North America, Latin America, Japan, Asia Pacific, Western Europe, Eastern Europe, and Middle East & Africa.
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The current dominating trends in flat-panel display include smart TVs with inbuilt support for GPRS, wireless and 3G, ultra HD flat-panel displays for smartphones, SuperView vehicle displays, CG-Silicon technology, intelligent GPRS-based transportation systems and touch-enabled digital flat-panel displays. Efforts are being continuously made by companies to provide high-resolution, strong, sealed and waterproof displays, which are more user-friendly, have higher frame and refresh rates and a higher capacity to integrate with other electronic devices. An innovative subset of flat-panel displays, called glass displays, are due to hit the market in the near future.
Key players in the market include Samsung Electronics, LG Display, Panasonic Corporation, Hitachi, Ltd., Sharp and AU Optronics. Samsung Electronics and LG Display are the major companies operating in the global flat-panel display market. Beside existence of some new players, more than 50% of the market is dominated by few old players. China, Taiwan, Korea and Japan are emerging as a major manufacturing hub for flat-panel displays. Displays for handheld telecommunication devices, consumer electronics and industrial automated panels will need a more robust flat-panel display technology. The future market for flat-panel display will be characterized by high innovation, heavy demand and deteriorating prices. These companies will continue to dominate the market through their innovative combination of new application and technology.
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