COVID-19 Impact on Global Display Panel Market by Product, Industry, and Region with Forecasts to 2025 - ResearchAndMarkets.com

DUBLIN--()--The "COVID-19 Impact on Display Panel Market by Product (PC Monitors, Tablets, Smartphones, Wearables, Automotive Displays, TVs, and Large Screen), Industry, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The display panel market is expected to grow at CAGR of 7.3%, which is lower than pre-COVID-19 evaluations from 2020 to 2025. The estimation for 2020 is down by approximately 26% compared to the estimation done for the pre-COVID-19 scenario.

Factors that drive the growth of the display panel market include the growing acceptance of the work-from-home norm and rising focus of regional financial institutions to design fiscal policies for keeping the display market floating during the COVID-19 crisis. Shifting manufacturing units to less affected regions, increasing demand for 4K and 8K displays with the availability of UHD content, surging adoption of OLED displays in smartphones, rising demand for flexible display panels, and increasing investments for the construction of new OLED and LCD panel manufacturing facilities are the factors driving the market growth. The booming automotive display industry and rising focus on the development of energy-efficient, attractive, and high-end-specification display products using advanced technologies, such as OLED and AMOLED, are some other crucial factors accelerating the display panel market growth.

The global post-COVID-19 display panel market for PCs and monitors is expected to witness positive growth in 2020 in comparison with 2019. With an increasing number of companies focusing on adopting the work-from-home option in the middle of the COVID-19 outbreak, there has been a sudden spike in demand for laptops, PC monitors, and tablets. SMBs and large firms are looking for refurbished devices and rental devices as an option to maintain business continuity. Also, several educational institutions have embraced e-learning as a way to bridge the gap between tutors and students/pupils while complying with the lockdown measures being enforced in most of the countries. Thus, the demand for display panels for laptops and tablets is high, which is boosting the revenue stream of display manufacturers. Due to its positive growth in 2020, it would surpass the estimates of pre-COVID-19.

Automotive display sales are expected to decline in 2020 as compared to 2019 in the global display panel market. The spread of COVID-19 has impacted the automotive sector. Automobile manufacturing plants across Europe and North America are either non-operational or have reduced their production. Lockdown in China has led to the shortage of various parts used in automobiles as most of the spare parts are procured from the country. Furthermore, the drop in orders will affect providers of raw materials, which include automotive displays, to car manufacturers such as Ford and GM. Electric vehicle production has also been hampered owing to the scarcity of lithium-ion batteries and other key components, which are supplied by China. However, the anticipated decline in the revenue of the automotive industry is expected to result in reduced demand for automotive displays. Companies are currently in a race to save operations and cash flows instead of investing in any new project. We may see a surge in demand for automotive displays in next 1 to 2 years once the lockdown is over.

This report covers the COVID-19 impact on the display panel market based on product, end-user industry, and geography. It also discusses the supply chain, drivers, and challenges of the market.

Key Topics Covered:

1 Introduction

1.1 COVID-19 Health Assessment

1.2 COVID-19 Economic Assessment

1.2.1 COVID-19 Impact on the Economy - Scenario Assessment

2 Research Methodology

3 Executive Summary

3.1 Pre-COVID-19

3.2 Realistic Scenario

3.3 Pessimistic Scenario

3.4 Optimistic Scenario

4 Impact of COVID-19 on Display Panel Market Dynamics

4.1 Market Dynamics

4.1.1 Drivers

4.1.2 Restraints

4.1.3 Opportunities

5 System and Extended Ecosystem of Display Panel Market

5.1 Introduction

5.2 Value Chain Analysis

5.3 COVID-19 Impact on Supply Chain of Display Ecosystem

5.4 Potential Shift in Clients' Revenues

6 Impact of COVID-19 on Display by Product, Technology, and Player

6.1 Introduction

6.2 by Product

6.3 by Player

6.4 by Technology

7 Industry Analysis

7.1 Consumer

7.2 Automotive

7.3 Sports & Entertainment

7.4 Transportation

7.5 Retail, Hospitality, and Bfsi

7.6 Industrial & Enterprise

7.7 Education

7.8 Healthcare

7.9 Aerospace, Defense, & Military

7.10 Others

8 Product Analysis

8.1 Pc, Monitors and Laptops

8.2 Large Format Displays

8.3 Televisions

8.4 Automotive Displays

8.5 Smart Wearables

8.6 Smartphones

8.7 Tablets

9 Geographic Analysis

10 Company Profiles

10.1 Introduction

10.2 Key Players

10.2.1 Samsung Display

10.2.2 LG Display

10.2.3 BOE Technology

10.2.4 AU Optronics

10.2.5 Innolux Corporation

10.2.6 Japan Display

10.2.7 Sharp

10.2.8 China Star Optoelectronics Technology

10.2.9 Tianma Microelectronics

10.2.10 Truly Electronics

10.3 Key Innovators

10.3.1 Apple

10.3.2 Sony

10.3.3 E Ink Holdings

10.3.4 Universal Display Corp

10.3.5 Joled

10.3.6 Emagin Corporation

10.3.7 Kopin Corporation

10.4 Short-Term and Long-Term Strategies

11 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/imxshs

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900