The global flat panel display market size reached USD 144.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 221.0 Billion by 2033, exhibiting a growth rate (CAGR) of 4.56% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 144.9 Billion |
Market Forecast in 2033
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USD 221.0 Billion |
Market Growth Rate 2025-2033 | 4.56% |
A flat panel display (FPD) is an electronic view device that projects various information, such as images, videos and texts, that allows individuals to experience enhanced visual content. Non-brittle, extremely thin, lightweight, and rough, these displays are usually less than ten centimeters in thickness. When compared to conventional cathode ray tubes (CRT), FPDs offer improved display quality and portability and are powered by a low power flow. A number of display technologies are used in these screens, including Light-Emitting Diode (LED), Liquid Crystal Display (LCD), and Organic Light-Emitting Diode (OLED). Displays using these technologies can be emissive or non-emissive and offer some major advantages, such as high pixel resolution and enhanced contrast. As a result, they are majorly utilized in TV monitors, laptop computers, portable electronics, platform doors of subways, commercial freezer doors, e-boards, and medical equipment.
The market is majorly driven by the growing adoption of FPD in mobile devices due to the escalating demand for smartphones with augmented features. This can be attributed to the escalating adoption of FPD technology in smartphone manufacturing with an enhanced focus on high-quality image and clarity. In addition, the emergence of advanced technologies, such as flexible flat panel display and OLED, and continual developments in interactive touch-based wearable devices are acting as significant growth-inducing factors. In addition to the popularity of e-learning, the development of interactive flat panels as a means of delivering interactive content are creating a positive market outlook. The market is further driven by increasing investments in flat panel display manufacturing plants due to low manufacturing costs and mass production facilities. Some of the other factors contributing to the market include the augmenting demand for LCD and PDP technologies, the rising trend of automated manufacturing, a considerable rise in the installation of digital signage in retail stores and quick service restaurants (QSRs), inflating disposable income levels and extensive research and development (R&D).
IMARC Group provides an analysis of the key trends in each sub-segment of the global flat panel display market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on technology, application and industry vertical.
Breakup by Technology:
Breakup by Application:
Breakup by Industry Vertical:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AU Optronics, Crystal Display Systems Ltd, Emerging Display Technologies, Innolux Corporation, LG Display Co. Ltd. (LG Corporation), NEC Corporation (AT&T Corporation), Panasonic Holdings Corporation, Samsung Electronics Co., Ltd., Sharp Corporation, Sony Group Corporation, Toshiba Corporation and Universal Display Corporation.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Technology, Application, Industry Vertical, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | AU Optronics, Crystal Display Systems Ltd, Emerging Display Technologies, Innolux Corporation, LG Display Co. Ltd. (LG Corporation), NEC Corporation (AT&T Corporation), Panasonic Holdings Corporation, Samsung Electronics Co., Ltd., Sharp Corporation, Sony Group Corporation, Toshiba Corporation and Universal Display Corporation |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global flat panel display market was valued at USD 144.9 Billion in 2024.
We expect the global flat panel display market to exhibit a CAGR of 4.56% during 2025-2033.
The emerging trend of automated manufacturing, along with the rising demand for flat panel displays in TV monitors, laptop computers, portable electronics, etc., owing to their benefits, including high pixel resolution and enhanced contrast, is primarily driving the global flat panel display market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for flat panel displays.
Based on the technology, the global flat panel display market has been divided into OLED, quantum dot, LED, LCD, and others. Among these, LCD currently exhibits a clear dominance in the market.
Based on the application, the global flat panel display market can be categorized into smartphone and tablet, smart wearable, television and digital signage, PC and laptop, vehicle display, and others. Currently, smartphone and tablet accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global flat panel display market include AU Optronics, Crystal Display Systems Ltd, Emerging Display Technologies, Innolux Corporation, LG Display Co. Ltd. (LG Corporation), NEC Corporation (AT&T Corporation), Panasonic Holdings Corporation, Samsung Electronics Co., Ltd., Sharp Corporation, Sony Group Corporation, Toshiba Corporation, and Universal Display Corporation.