Global Market for Panel is Expected to Grow at A CAGR of 5.60%

Date: 2015-10-08

The global market for panel is expected to grow at a CAGR of 5.60% between 2015 and 2020. Asia-Pacific is expected to continue to lead the market and is the hub for several panel vendors. The market in North America, Europe, and RoW regions has been growing significantly and is expected to witness higher rate of growth during the forecast period. The increasing demand for large-size UHD display for TVs, rising demand for digital signage and automotive displays is expected to drive this growth.

The prominent players profiled in this report are LG Display Co., Ltd. (South Korea), Samsung electronics Co., Ltd. (South Korea), Innolux Corporation (Taiwan), AU Optronics Corp. (Taiwan), Sharp Corporation (Japan), Japan Display Inc. (Japan), BOE Technology Group Co., Ltd. (China), Panasonic Corporation (Japan), HannStar Display Corporation (Taiwan), Chunghwa Picture Tubes Ltd. (Taiwan), and others.

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