News

Global flat panel market to reach $178B

December 26, 2019

The global flat panel display market is expected to reach $178.4 billion by 2025, according to a report by Research and Markets. During this time, it will grow at a compound annual growth rate of 6.8%.

Key drivers of this market include high demand for automotive display, OLED display in smartphones and tablets and interactive touchscreen devices in the education sector. At the same time, the high cost of these new display technologies will restrain the market, according to the report.

The report breaks down the market into smartphone and tablet, television and digital signage, vehicle display, PC and laptop, smart wearable and others. It also examines key strategies by market players and recent product launches.