Display Panels Are Being Used As Digital Signage In A Number Of Industries, Including Sports, Media, And Entertainment.
The global display panel market size is expected to reach USD 163.88 Billion in 2030 and register a revenue CAGR of 10.3% over the forecast period, according to latest report by Reports and Data. A growing consumer base for smart appliances and rise in consumer demand for quality display panels are driving revenue growth of the display panel market. The global display panel market is being driven by a number of factors, such as consumer demand for large LCD televisions, increase in smartphone screen size, and development of vehicle display. Moreover, introduction of ultra-thin LCD televisions, high-resolution & slim smartphone designs, and improved user interface & touch screens for car display are driving demand for display panels. The new trend of foldable display panels has become popular in tablets, smartphones, and notebooks, and they are made from flexible substrates, such as plastic, metal, or flexible glass, which allow them to bend. Plastic and metal panels are