Home > Semiconductors & Electronics > Displays > Flat Panel Display Market

Flat Panel Display Market Size

Report ID: GMI12436
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Flat Panel Display Market Size

The global flat panel display market was valued at USD 173.5 billion in 2024 and is estimated to grow at a CAGR of 6.2% from 2025 to 2034. The rapid evolution of display technologies, such as OLED, QLED, and MicroLED, is a significant driver for the market. These technologies provide superior image quality, energy efficiency, and thinner form factors, making them highly desirable across consumer electronics, automotive, and industrial sectors.

To get key market trends

Download Free Sample

Furthermore, continuous R&D investments by key players are fostering the development of flexible and foldable displays, opening new avenues for growth. For instance, in May 2024, During Display Week 2024, Tianma, a leading global producer of flat panel displays, unveiled a comprehensive suite of cutting-edge display technologies and solutions specifically designed for Information Technology applications. This display marks the debut of Tianma's latest Gen 8.6 (TM19) production line's oxide LCD offering. Engineered with advanced oxide technology for high-performance gaming notebooks, it boasts a remarkable 300Hz refresh rate, swift 5ms GTG response times, and a wide colour gamut that encompasses 100% of DCI-P3.

Flat Panel Display Market Report Attributes
Report Attribute	Details
Base Year:	2024
Flat Panel Display Market Size in 2024:	USD 173.5 Billion
Forecast Period:	2025 - 2034
Forecast Period 2025 - 2034 CAGR:	6.2%
2034 Value Projection:	USD 313.5 Billion
Historical Data for:	2021 - 2024
No. of Pages:	210
Tables, Charts & Figures:	990
Segments covered:	Technology, Display Type, Panel Size, Application, Material, Resolution
Growth Drivers:	Technological advancements and innovation Expanding consumer electronics industry Growing demand for smart wearables and IoT devices Proliferation of digital signage and commercial displays
Pitfalls & Challenges:	High manufacturing costs and price competition Environmental concerns and disposal challenges

Learn more about the key segments shaping this market

Download Free Sample

The rising demand for consumer devices, including smartphones, tablets, laptops, and televisions, has directly contributed to the growth of FPDs. Features like ultra-high-definition (UHD) resolution, smart functionality, and touchscreens in modern electronics have driven the adoption of advanced FPDs. This demand is bolstered by the growing middle-class population and increasing disposable income in emerging economies.

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Questions (FAQ) :

The global flat panel display industry was valued at USD 173.5 billion in 2024 and is estimated to grow at a CAGR of 6.2% from 2025 to 2034, driven by rapid advancements in display technologies like OLED, QLED, and MicroLED.

The LCD segment dominated the global market with a 40.1% share in 2024 due to its widespread adoption in applications such as televisions, monitors, and automotive displays.

The U.S. dominated the North America market in 2024, accounting for a 75% share, primarily fueled by strong consumer demand for advanced electronics and high-resolution displays in commercial and industrial applications.

Key players in the industry include AU Optronics Corporation, Barco NV, BOE Technology Group Co., Ltd., Corning Incorporated, E Ink Holdings Inc., EverDisplay Optronics Co., Ltd. (EDO), HannStar Display Corporation, Innolux Corporation, Japan Display Inc. (JDI), and Kyocera Corporation.