The display market is expected to reach USD 173.7 billion by 2029 from USD 135.2 billion in 2024, at a CAGR of 5.1 % during the 2024-2029 period.
The major players in
display market include SAMSUNG DISPLAY (Republic of Korea), LG DISPLAY CO.,
LTD., (South Korea), Sharp Corporation (Japan), BOE Technology Group Co., Ltd.
(China), Innolux Corporation (Taiwan), AUO Corporation (Taiwan), Sony Group Corporation
(Japan), Qisda Corporation (Taiwan), TCL China Star Optoelectronics Technology
Co., Ltd. (China), LEYARD (China), E INK HOLDINGS INC., (Taiwan), Tianma
Microelectronics Co., Ltd. (China), Universal Display (US), TRULY INTERNATIONAL
HOLDINGS LIMITED (Netherlands), Panasonic Holdings Corporation (Japan),
HannStar (Taiwan), eMagin (US), Kopin Corporation (US), NORITAKE ITRON CORP.
(Japan), Japan Display Inc. (Japan), JOLED Inc. (Japan), Elux, Inc. (US),
Visionox Company (China), Winstar Display Co., Ltd. (Taiwan), and WiseChip
Semiconductor Inc. (Taiwan),
SAMSUNG DISPLAY
SAMSUNG DISPLAY, a
subsidiary of Samsung, is one of the world’s leading producers of advanced
displays for televisions, monitors, smartphones, PCs and notebooks. SAMSUNG
DISPLAY is always ahead as a key player in the display industry that keeps
innovating.
Since integrating LCD
technologies in 2012, SAMSUNG DISPLAY has had great success by producing
high-quality display solutions for smartphones, laptops, monitors, and TVs. It
is globally recognized because it mass produces OLED and foldable screens that
set new benchmarks in display technology. At the present time the QD-OLED
project from SAMSUNG DISPLAY is changing the large format displays market. When
offering customized solutions with high resolution and excellent capture of
beauty it should be noted that they keep their designs sleek and stylish. It
brings more value to customers’ money due to several design improvements,
higher refresh rates and low power consumption by SAMSUNG DISPLAY. These
displays are optimized for 5G network usage and blue light reduction technology
for eye comfort.
SAMSUNG DISPLAY is
determined to fulfill its mission as a major participant in the display
industry through modern technologies, groundbreaking products and trusty
customer support on which it relies heavily upon.
There are four divisions
through which the company operates: DX, DS, SDC, and Harman. The DX (Device
Experience) division consists of business units that are focused on digital
TVs, refrigerators, smartphones and communications systems. The other division
known as DS (Device Solutions) deals with memory solutions, foundry business
operations and Large-Scale Integration (LSI) system solutions. The products
that display panel products are produced in SDC. Connected car systems, audio
and visual products, enterprise automation solutions as well as connected
services are all under Harman division.
BOE Technology Group
Co., Ltd.
BOE Technology Group
Co., Ltd. (BOE) is concerned with the research, production and sales of
advanced display products and solutions. Starting from 1993, BOE has become a
global provider of display technology, spanning through different products and
services among several industries such as consumer electronics, mobile devices,
automotive as well as healthcare. This company has five business segments:
Display Business, IoT Innovation Business, Sensor Business, MLED Business and
Smart Engineering Medicine. The display business offers end-to-end design &
manufacturing services for devices specializing in TFT-LCDs, AMOLEDs,
Microdisplays and many other types. Priority is given to providing high-quality
display solutions for smartphones, tablet PCs, laptops, monitors, TVs etc.;
vehicles; VR/AR equipment etc., while the Sensor business includes medical
imaging technology; bioassay; smart windows’ technology; microwave
communication systems; fingerprint recognition features. MLED stands for
Advanced Semiconductor and Packaging Technologies – it focuses on LED Systems
Solutions at BOE.
IoT Innovation Business
offers smart finance, smart park, smart retail, smart mobility and visual arts
solutions while Smart Medical Engineering Business has mobile healthcare IoT
platforms and smart healthcare services.
By 2021, the company had
filed more than seventy thousand global patent applications with over ninety
percent being patents for inventions. According to a 2021 U.S. Patent Grant
Statistics report by IFI CLAIMS Patent Services, BOE has moved up two places to
global rank of 11 and remained among the world’s top twenty companies for four
consecutive years. It is operational in various manufacturing facilities
throughout China in Beijing, Hefei, Chengdu, Chongqing, Fuzhou, Mianyang,
Wuhan, Kunming, Suzhou, Ordosand Gu’an. BOE now has subsidiaries located in
over 20 countries and regions around the globe such as USA, Germany, UK France
Switzerland Japan South Korea Singapore India Russia Brazil and UAE. Europe
major continents like Europe, the Americas, Asia, and Africa are all covered by
BOE Technology Group Co., Ltd.’s extensive service network.
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LG Display Co. Ltd.
LG Display Co. Ltd. A
subsidiary of LG Electronics is one of the leading players in the creation of
various types of display solutions for different uses including LCD and LED TV,
monitors, notebooks, mobile phones, tablets, smart watches and many more. Divided
into strategic business units such as Mobile and others, IT Products and
Televisions, it operates in multiple sectors.
The IT products segment
that USES display panels include notebook computers, with size of the panel
between 12. 3 to 18, desktop monitors between 15. 6 to 49 inches and tablet
with the panel size of 7. 85 up to 13 inches.
LG Display Co., Ltd.,
started in 1987, has been a key player in the development of TFT-LCD and has
grown up to be the world’s leading innovator with OLED and IPS technologies.
Furthermore, the company does not only supply products but also offers solutions
and services that revolve around the improvement of users’ experiences. These
include the current technological innovations such as touch screens, 3D
displays, and curved screens.
Specifically, LG Display
Co., Ltd. has earlier this year introduced the 3rd generation OLED TV panel
based on META technology. This pioneering concept adds a microlens array to
enhance the light output of OLED panels as well as META Booster – the algorithm
that increases brightness, the highlight of the display manufacturer’s
continuous quest for innovation.
The company has 8
manufacturing plants, 8 sales offices and 9 branches worldwide.
AUO Corporation
AUO Corporation is a
global company that specializes in optoelectronics manufacturing and trading,
and it provides a Multi-application Solutions Division that spans from multiple
display applications integrating smart solutions combine both software and hardware.
Its operation mainly covers the display panel business for information
displays. AUO provides comprehensive business solutions across five core
domains: display, system solutions, industrial intelligence, healthcare, and
energy. Its product offering includes TFT-LCD modules, LTPS modules, AMOLED
displays, touch solutions and solar modules for an array of applications.
AUO Corporation majorly
specializes in research and development, and manufacturing of display panels;
AUO Corporation provides vertical solutions which include integration of basic
display technologies with Artificial Intelligence of Things (AloT). Through the
integration of AUO software, hardware, cloud services, as well as AUO platforms
the company provides comprehensive services approach adjusted to such crucial
market segments as: retail, education, business, healthcare, mobility,
manufacturing, energy & more.
AUO Corporation was
established in 1996, and the company’s headquarters is in Taiwan. AUO
Corporation has subsidiaries in Asia, USA, and Europe, and employees ~38, 000
professionals all over the world. The International offices of the company are
present in Taiwan, China, Japan Korea Singapore USA & Europe. AUO
Corporation became the first global display manufacturer to become a member of
RE100 in 2022 by publicly declaring to continually reduce its reliance on
non-renewable power sources and achieve the goal of sourcing 100% renewable
electricity by the year 2050.
Innolux Corporation
Focusing on developing
innovative and high-quality various application displays, Innolux Corporation
is a manufacturer of display panels and is a company listed in Taiwan Stock
Exchange Market. Leveraging in Advanced display integration solutions, Innolux
Corporation products include AM mini led, AM micro-led, LTPS, touch solutions,
as well as 8k4k ultra high definition. They have been developed to be used in
different applications such as television panels, computer monitors, small and
medium sized panels for use in various industries including medical and
automobile industries.
Innolux Corporation is a
leading display manufacturer company with three touch sensor fabrication plants
and fourteen TFT-LCD fabrication plants operating in Tainan and Jhunan, Taiwan.
These production lines
are located within various facilities and stretch through all generations,
including G3. 5, G4, G4. 5, G5, G6, G7. 5, G8. 5, and G8. 6, it will be
possible for the company to effectively satisfy the demands of various clients
within the market. The main products that are being sold by the firm include
touch modules, LCD and TFT-LCD if the abbreviation. It offers a complete
display solutions involving touch sensor panel together with XLV, MV, SV and UV
LCD’s.
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