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).
Major Display Companies 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)
- 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.
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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.
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.
Innolux Corporation headquarters is in Miaoli City
Taiwan; The company also operates manufacturing Plants in Jhunan, Tainan,
Shanghai Ningbo and Foshan Cities China. The business operates with 45,645
people in every location, at the end of the third quarter in 2023 There was its
merger with TPO Displays and Chi Mei Optoelectronics to become Chimei Innolux
Corporation in the year 2010. It was renamed as Innolux Corporation in 2012.
Since its establishment, this firm gained an important place in the electronics
industry through its development of premium TFT-LCD panels and has since
expanded its business portfolio into other sectors such as the production of
touchscreen panels for tablet computers and the provision of service solutions
for manufacturers.
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