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Global Display Market Worth $164.24 Billion by 2017
Date:11/23/2012

TFT-LCD and LED technologies will grow at a CAGR of less than 20%, all from 2012 to2017. The display type includes conventional display, flexible display, transparent display and 3D display. Among these, the flexible display type is projected to increase its market share in the next five years down the line. The market for conventional displays will not witness much growth as compared to the other display types. While the transparent display will not see any growth until 2013 because of it being in development stage, it will catch up in late 2014-15, growing at a CAGR of 91.1% with increase in demand for it only after it is commercially successful. The 3D display has made its point to continue to provide the display needs in the healthcare application segment and will grow at a CAGR of 26.1% from 2012-2017.

The global display application market is expected to reach $164.24 billion by 2017, at an estimated CAGR of 3.1% from 2012 to 2017 and with consumer application contributing to the global display application market with a share of 62.71% in 2017 from 64.27% in 2012, a decline of 1.58%. North America is the leading region in the overall display market, followed by Europe and APAC. In ROW, Middle East and Africa are the largest contributors.

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