Next Generation Display Materials Market By Type (OLED and TFT –LCD, and Others), By Application (Smartphone, Television & Monitor, Smartwatches, Automotive Displays, Laptops & Tablets, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030- Trends, Analysis and Forecast till 2034

Next Generation Display Materials Market, estimated at USD 159.7 billion in 2024, is expected to expand at a compound annual growth rate (CAGR) of 7.5% to USD 309.2 billion by 2034.

The Next Generation Display Materials Market industry has evolved over the years with several technological disruptions. The consumer electronics industry with the advancement in technology has changed significantly over the past decade. The technological advancements have witnessed for smartphones and also witness the use of display for monitors, TVs, monitors, and other display devices.

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Update and construction of new and existing display panel manufacturing plants

The display market is expected to grow significantly giving ample of growth opportunities for the display manufacturers. The rapid growth in the sales of display devices, such as smartphones, TV, monitors, and others, is a driving force for the development of the display materials market.

Rise in adaption of OLED display technologies in various applications

The OLED display is envisaged to witness an exponential rise in the market due to its extensive use and high demand in the display market. OLED is extensively used in the manufacturing of flexible, transparent, and more efficient display for smartphones and TVs in this digital era. OLED displays provide better resolution quality and power efficiency. These displays are also taking a new turn by advancing their technology and producing\developing flexible, roll able, and stretchable OLED displays.

High prices of new and advanced materials

OLED and QLED displays manufacturers are the gorilla players of the next-generation display industry in the upcoming digitally modified era. Quantum dots mass production for commercial usage can be revolutionary. OLED panels have already started replacing the usage of traditional LCD panels. Companies are working on manufacturing cost minimization of OLED and QLED materials.

Next generation display materials market is segmented based on type, application, and region.

On the basis of type, the next generation display materials market is segmented into OLED, TFT- LCD, and others. On the basis of application, the global market is classified into smartphone, television & monitor, smartwatches, automotive displays, laptops & tablets, and others.

Regional Insights:

On region the next generation display materials market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia- Pacific region is the dominating region in for the next generation display materials due to increasing of emerging market for quantum dots for the logistics and warehousing in the Asia- Pacific region is high.

Next Generation Display Materials Market report Scope

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, ha*/*/s segmented the next generation display materials market report based on type, application, and region:

Next Generation Display Materials Market, By Type:

• OLED
• TFT -LCD
• Others

Next Generation Display Materials Market, By Application:

• Smartphone
• Television & Monitor
• Smartwatches
• Automotive Displays
• Laptops & Tablets
• Others

Next Generation Display Materials Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating the next generation display materials market includes Doosan Corporation, Dow Du Pont Inc., Idemitsu Kosan Co., Ltd., Merck Group, Nanosys Inc., Nanco Group Plc., Novaled GmbH, PPG Industries Inc., Samsung SDI Co., and Sharp Corporation. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in In February 2018, Universal Display signed an agreement with Samsung Display that it will be supplying its patented Universal PHOLED phosphorescent OLED materials and technology to Samsung Display for use in its OLED displays panels. For instance, in November 2018, now DuPont started building a new manufacturing facility in east China by 2020. The new production site will produce advanced engineering plastics and electronics and industrial consumer products.

• Doosan Corporation
  • Sharp Corporation
  • Samsung SDI Co.
  • PPG Industries Inc.
  • Novaled GmbH
  • Nanco Group Plc.
  • Nanosys Inc.
  • Merck Group
  • Idemitsu Kosan Co., Ltd.
  • DowDuPont Inc.
  • • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

 “*” marked represents similar segmentation in other categories in the respective section