Overview:
Smartphone Display Market is expected to gain from the massive growth in the number of smartphone users after initiatives were taken across the globe to digitize proceedings. The global smartphone display market is expected to grow with a noteworthy revenue during the forecast period (2018-2023). Market Research Future’s (MRFR’s) claim regarding the anticipated valuation has its firm base in the understanding of the factors.
Factors that can trigger a gradual shift in the market are radical change in technology, demand for high response time, thinner displays, increasing intake of tablets & smartphones, and others. However, there are OLED and AMOLED displays used only in high-end models which can detract the market growth during the forecast period.
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Segmentation:
The global smartphone display market can be segmented by type, display, size, and resolution. MRFR in their latest report on the market puts a special emphasis on detailing which led them to segmental analysis powered by value-wise and volume-wise figures.
Based on the type, the global smartphone display market can be segmented into capacitive and resistive display screens. The capacitive touchscreen has the maximum market coverage.
Based on the display technology, the global smartphone display market includes TFT-LCD, IPS-LCD, OLED, AMOLED, and others. The TFT-LCD segment has much prominence owing to its wide-scale application in the market. The IPS-LCD segment, due to high-cost, has substantial acceptance in the high-end mobiles.
Based on the size, the global smartphone display market comprises 0–4 inches, 4–5 inches, 5–6 inches, and above 6 inches. The 5-6 inches segment is percolating substantially and is expected to grow further in the coming years.
Based on the resolution, the global smartphone display market consists 720 x 1280, 1920 x 1080, and others.
Regional Analysis:
The geographical analysis of smartphone display market spans across North America, Europe, Asia-Pacific (APAC), and the Rest-of-the-World (RoW). Unleashing the growth opportunities and pockets is the aim of this analysis.
The APAC market ensures maximum market penetration due to the massive population that resides here and are propelling the intake of smartphones. The region has several market titans who are constantly trying to ace the market with latest innovations. As a result, the smartphone display market is also gaining momentum. It is also expected to lead the global market during the forecast period. China, Japan, and India are countries that can impact the market output during the forecast period as they have high smartphone intake number.
The North American market is expected to gain from the presence of market giants such as Apple Inc., and Google. The regional tendency to adopt latest technologies at an early stage is expected to boost the production rate and help the region maintain its second-lead position.
Competitive Landscape:
The global smartphone display market is gaining much from the participation of eminent companies like SAMSUNG (South Korea), Japan Display Inc. (Japan), Toshiba Corporation (Japan), LG Electronics Inc. (South Korea), Sharp Corporation (Japan), Fujitsu Ltd. (Japan), Sony Corporation (Japan), Apple Inc. (US), Motorola Inc. (US), Mitsubishi Electric Corporation (Japan), NEC Corporation (Japan), Tianma Microelectronics (China), BOE Technology Group Company (China), AU Optronics Corp. (Taiwan), and Chi Mei Corporation (Taiwan). These companies have been profiled with their latest updates in the MRFR report on the same market for an in-depth analysis.
In January 2019, Apple filed their reports for a patent on foldable smartphones. Samsung is in the lead for quite some time now for the hype it has created and they came up with Samsung Galaxy Fold which faced challenge from Huawei’s Mate X. But Apples’ product patent shows that they are thinking of launching bi-fold or tri-fold products and they have gone far with significant plans on covers. For the screen they are considering several ceramic materials like chemically strengthened glass, sapphire, or zirconia.
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About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
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