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Seven Segments Display Market Share

Report ID: GMI10428
Published Date: Jul 2024
Report Format: PDF

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Seven Segments Display Market Share

Seven segments display industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such Broadcom Inc., Texas Instruments Inc., Vishay Intertechnology Inc., Maxim Integrated Products Inc., LITE-ON Technology Corporation, Panasonic Corporation, Kingbright Electronic Co. Ltd., OSRAM collectively held around 5%-10% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Seven Segments Display Market Companies

Major players operating in the seven segments display industry are:

Asian Electronics
Avago Technologies
Broadcom Inc.
Everlight Electronics Co. Ltd.
Kingbright Electronic Co. Ltd.
LITE-ON Technology Corporation
Lumex Inc.
Maxim Integrated Products Inc.
NEC Corporation
Nichia Corporation
OSRAM
Panasonic Corporation
Sharp Corporation
Texas Instruments Inc.
Vishay Intertechnology Inc.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for seven segments display was valued at USD 10.1 billion in 2023 and is estimated to grow at 6% CAGR during 2024-2032 owing to the increasing industrial automation.

The LED segment in the seven segments market held 46% share in 2023 and is anticipated to grow through 2032 favored by stricter regulations and focus on workplace safety.

North America seven segments display market size was USD 2.7 billion in 2023 and is expected to reach USD 4.5 billion by 2032 attributed to compact and energy-efficient displays used in smartphones, smartwatches, fitness trackers, and other portable devices.

Asian Electronics, Avago Technologies, Broadcom Inc., Everlight Electronics Co. Ltd., Kingbright Electronic Co. Ltd., LITE-ON Technology Corporation, Lumex Inc., Maxim Integrated Products Inc., NEC Corporation, Nichia Corporation, and OSRAM among others.