India Display Market was valued at US$ 1820.21 Mn. in 2020, and the total India display revenue is expected to grow at a CAGR of 11.8 % for the period 2021-2027, reaching nearly US$ 3973.87 Mn. in 2027.
What is India Display Market scope ?
The India Display Market encompasses a broad spectrum of technologies and applications related to display panels, including LCDs, OLEDs, and emerging display technologies. The market’s scope includes the development, production, and distribution of display panels used in a wide range of devices, from smartphones and tablets to televisions and digital signage. With the rapid advancement in technology and increasing consumer demand for high-quality visual experiences, the Indian display market is witnessing significant growth.
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India Display Market Trends?
The India Display Market is experiencing significant growth driven by advancements in technology and increased consumer demand. With the proliferation of digital devices and the rise of smart technologies, the market is witnessing a robust expansion. Key trends shaping the sector include the growing adoption of OLED and AMOLED displays due to their superior image quality and energy efficiency, which are increasingly being used in smartphones, televisions, and wearables. Additionally, the surge in demand for large-screen displays and 4K/8K resolution panels is propelling the market forward, driven by the rise in home entertainment and gaming. The integration of display technologies in automotive applications, such as advanced driver-assistance systems (ADAS) and infotainment displays, is also contributing to market growth.
What are India Display Market Dynamics ?
The India Display Market is experiencing dynamic shifts driven by technological advancements, increased consumer demand, and evolving industry trends. The growth of the market is fueled by the rapid adoption of advanced display technologies such as OLED and AMOLED in consumer electronics, including smartphones, tablets, and televisions. The rise of smart devices and the Internet of Things (IoT) has also spurred demand for high-resolution displays in various applications, from industrial and automotive to healthcare and retail. Additionally, the push towards more immersive experiences is accelerating the development of cutting-edge display solutions like flexible and transparent screens.
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what is the expected growth of by type segmentation ?
Based on Type, The India Display Market is sub-segmented into LCD, LED, and OLED. The LCD segment dominates the global market and it held a share of 55 % in 2020. The LCD is a passive device that is made up of liquid substances having crystal properties. It works by altering the light traveling through it and it does not produce any light. Due to its features like energy-efficient properties, long-lasting and LED backlighting, etc. increasingly used in smartphones, digital cameras, calculators, and digital clocks. In 2020, “Videocon Industries” was the largest manufacturer of LCDs in India by having a share of 41.22% followed by Teronixindia and BPL limited. Recently under the “MAKE IN INDIA” scheme, the VEDANTA GROUPS set an LCD panel manufacturing plant by investing US$ 10 Bn. in Maharashtra. This move expecting to boost the Indian display market by 2027.
What is India Display Market Segmentation
by Type
• LCD
• LED
• OLED
by Application
• Smartphone
• Television & Monitors
• Tablets
• Laptops & Notebooks
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What are the key Players for India Display Market
• NCR Corporation
• Fujitsu Limited
• Epson America Inc.
• Fametech, Inc.
• Displax SA
• Diebold Nixdorf, Inc.
• Ingenico Group
• 3M
• Samsung
• LG Display Co., Ltd.
• AU Optronics Corp
• TCL Display Technology Holdings Limited
• Sharp Corp.
• Xiaomi Technology India Private Limited
• BBK Electronics
• NEC India Pvt. Limited
• Palas Software Pvt.
Key Offerings:
- Past Market Size and Competitive Landscape
- India Display Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- India Display Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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