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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.
Mention the key players involved in seven segments display industry?
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.
How big is the North America seven segments display industry?
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.
Why is the demand for LED seven segments display growing?
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.
What is the size of the seven segments display market?
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.