Valued to be $92.2 Billion by 2026, Large-Area LCD Displays Slated for Robust Growth Worldwide

SAN FRANCISCO , June 29, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Large-Area LCD Displays - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to our digital archives and MarketGlass Research Platform
• Complimentary updates for one year

Edition: 8; Released: January 2022
Executive Pool: 1241
Companies: 27 - Players covered include AU Optronics Corporation; BOE Technology Group Co., Ltd.; Chi Mei Optoelectronics; Chunghwa Picture Tubes Ltd.; Hannstar Display Corporation; HannsTouch Solution, Inc.; InfoVision Optoelectronics (Kunshan) Co., Ltd.; Innolux Corporation; Japan Display, Inc.; Kaohsiung Opto-Electronics Inc.; LG Electronics, Inc.; Samsung Electronics Co., Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Application (Small & Medium Area Displays, Large Area Displays)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Large-Area LCD Displays Market to Reach $92.2 Billion by 2026
Amid the COVID-19 crisis, the global market for Large-Area LCD Displays estimated at US$81.4 Billion, is projected to reach a revised size of US$92.2 Billion by 2026, growing at a CAGR of 2% over the analysis period. Small & Medium Area Displays, one of the segments analyzed in the report, is projected to record a 2.3% CAGR and reach US$23.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Large Area Displays segment is readjusted to a revised 1.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $24.6 Billion in 2021, While China is Forecast to Reach $16.2 Billion by 2026
The Large-Area LCD Displays market in the U.S. is estimated at US$24.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$16.2 Billion by the year 2026 trailing a CAGR of 1.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 1.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR. More

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About Global Industry Analysts, Inc. & StrategyRtm
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.