Global Flat Panel Display Equipment
Market Report
2025
The global Flat Panel Display Equipment Market size will be USD 150214.5 million in 2024. Rising spending power and technological advancement is expected to boost sales to USD 200348.405 million by 2031, with a Compound Annual Growth Rate (CAGR) of 4.20% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global flat panel display equipment market size will be USD 150214.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.20% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
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Global Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 4.2% |
North America Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 2.4% |
United States Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 2.2% |
Canada Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 3.2% |
Mexico Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 2.9% |
Europe Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 2.7% |
United Kingdom Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 3.5% |
France Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 1.9% |
Germany Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 2.9% |
Italy Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 2.1% |
Russia Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 1.7% |
Spain Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 1.8% |
Rest of Europe Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 1.4% |
Asia Pacific Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 6.2% |
China Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 5.7% |
Japan Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 4.7% |
India Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 8% |
South Korea Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 5.3% |
Australia Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 5.9% |
Rest of APAC Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 6% |
South America Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 3.6% |
Brazil Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 4.2% |
Argentina Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 4.5% |
Colombia Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 3.4% |
Peru Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 3.8% |
Chile Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 3.9% |
Rest of South America Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 2.7% |
Middle East Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 3.9% |
Egypt Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 4.2% |
Turkey Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 3.4% |
Rest of Middle East Flat Panel Display Equipment Market Sales Revenue | 121212 | 121212 | 121212 | 2.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Equipment Type Outlook: |
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Market Split by Display Technology Outlook: |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Market Drivers:
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Market Restrains:
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Market Trends:
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Report scope is customizable as we have a huge database of Flat Panel Display Equipment industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Flat Panel Display Equipment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A flat panel display is a type of digital projection technology found in many consumer electronics. These are more lightweight and slenderer than other options. The main forces of industry growth will be a greater emphasis on technical developments and a surge in consumer interest in car display technology. The demand for flat panel display equipment is expanding due to the expansion of healthcare facilities. Excellent quality screens are being used more often in testing instruments and surgical instruments to increase precision and effectiveness. The need for accurate, high-quality pictures in health imaging devices, medical tracking platforms, and maintenance room displays is fueling the market for cutting-edge display innovations as well as turn and flat panel display technology.
In November 2024, CoreFlow Ltd., a prominent provider of cutting-edge suction products for the electronics and FPD sectors, launched the GripJet vacuum stage, which is designed to handle and flatten extremely deformed panels for the new large quantities of manufacturing processes referred to as Fan-out Panel Level Packaged (FOPLP). (Source: https://www.coreflow.com/en/news/389-coreflow-launches-the-gripjet%E2%84%A2-vacuum-stage-for-flattening-and-handling-of-warped-panels-for-the-panel-level-packaging-plp-manufacturing-process)
The industry's main driver of development is the rising demand from consumers for cutting-edge display technologies, including OLED display technology and LCD. Advanced display technology is becoming more and more popular as a result of consumers' growing need for gadgets with better display quality. OLED screens are especially sought-after for use in automobile displays, TVs, and handsets because of their exceptional contrast image reliability and energy economy. Manufacturers are being forced by the increase in demand to make investments in cutting-edge flat-panel display technology. For instance, The prominent provider of cutting-edge aeromechanical handling and conveying solutions, CoreFlow Ltd., released the results of an energy-cost study on the application of their SmartNozzleTM air-floating technology for the transportation of electronic devices and flat-panel display plates.
The growing automobile sector, which is incorporating cutting-edge display technologies into its automobiles to improve the overall satisfaction of drivers and passengers, is another important growth driver. The trend toward electrical and driverless cars is further encouraging this acceptance because these cars usually include advanced display platforms for recreational activities, transportation, and vehicle management. The latest, more effective display technology is being developed as a result of this trend in order to satisfy the particular needs of automotive manufacturing.
The high cost of sophisticated equipment used in the production of displays is one important barrier. Spending on research and development along with specialist production equipment is necessary for the development and deployment of innovations, such as adaptable OLED and Micro LED. These exorbitant prices may hinder the adoption of cutting-edge display technology and act as a deterrent for smaller producers. Furthermore, the quick speed at which technology is developing might cause obsolescence, necessitating ongoing expenditures to maintain competitiveness. For manufacturers to lessen this risk, they need to carefully oversee their financial investments and concentrate on creating affordable alternatives.
The abrupt appearance of the COVID-19 pandemic prompted strict lockdown measures in many countries, which temporarily shut down a large number of flat panel display production facilities. The manufacturing sector, supply networks, and consumer demands were all impacted by the COVID-19 pandemic. During the pandemic, the car industry suffered severely due to lockdown restrictions. Reductions in the expense of digital products, as well as the closure of some industries, are expected to impede market growth. Stay-at-home laws and lower revenue had a significant effect on product demand. As a result of the closure of several outdoor locations, especially entertainment venues, the product's needs have changed.
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The competitive context of the flat panel display equipment industry offers information broken down by competition. In-depth information is provided about the business's background, finances, earnings, prospective markets, R&D spending, emerging market efforts, international manufacturing locations and infrastructure, manufacturing capabilities, company advantages and disadvantages, introduction of products, goods length and dimension, and sector superiority. The earlier statistics only pertain to the companies ' concentration on the flat panel display equipment industry.
In August 2024, Hitachi Energy revealed the complete renovation and update of its electrical generator production plant in the matter, alongside several other facilities, in accordance with the rapidly growing demand from its clients for renewable energy sources in the United States. The state of Quebec within Investissement Quebec City will give more than $100 million (roughly CAD 140 million) to assignments located near Montreal. (Source: https://www.hitachi.com/New/cnews/month/2024/04/240515a.html) In April 2024, HORIBA STEC, Co., Ltd is pleased to introduce "Xtrology," an entirely controlled lightweight screening system. The electronics business's technical advancements have led to a growth in the number of assessment products used in the process of production, and the degree of inspection needs is still rising. (Source: https://www.horiba.com/int/company/news/detail/news/10/2024/20241015xtrology/) In April 2024, JTEKT THERMO SYSTEMS CORPORATION created new thermal treatment instrument designs that can greatly increase the efficiency of SiC Energy semiconductor manufacturer interface and activated processing. (Source: https://www.jtekt.co.jp/e/news/2024/004247.html)
Top Companies Market Share in Flat Panel Display Equipment Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the flat panel display equipment market, and the region is expected to have significant growth during the projected period. This is because of the swift acceptance of cutting-edge technology, growing industrial earnings, and this area's high prosperity. Additionally, there are big market players, and they are investing more in the R&D sector to expand and upgrade their product offerings in order to capture bigger markets and solidify their place in the industry.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to the increasing usage of consumer electronics like televisions, smartphones, tablet computers, and other gadgets, particularly in developing nations. Further supporting market expansion will be the leading manufacturers' heightened emphasis on using cutting-edge technology.
The current report Scope analyzes Flat Panel Display Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global flat panel display equipment market size was estimated at USD 150214.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 60085.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.4% from 2024 to 2031.
According to Cognitive Market Research, the global flat panel display equipment market size was estimated at USD 150214.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 45064.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.
According to Cognitive Market Research, the global flat panel display equipment market size was estimated at USD 150214.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 34549.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
According to Cognitive Market Research, the global flat panel display equipment market size was estimated at USD 150214.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 7510.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.6% from 2024 to 2031.
According to Cognitive Market Research, the global flat panel display equipment market size was estimated at USD 150214.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 3004.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031..
Global Flat Panel Display Equipment Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Flat Panel Display Equipment Industry growth. Flat Panel Display Equipment market has been segmented with the help of its Equipment Type Outlook:, Display Technology Outlook: , and others. Flat Panel Display Equipment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Flat Panel Display Equipment Market?
According to Cognitive Market Research, module test equipment is likely to dominate the flat panel display equipment market over the forecast period because of an increase in the OLED screen output, which necessitates sophisticated module process machinery for effective manufacture. Further increasing the need for sophisticated module manufacturing facilities is the incorporation of proximity sensors and other features into display modules.
The array test equipment is the fastest-growing segment in the flat panel display equipment market. Because of the increasing need for superior, high-resolution display technology for a variety of uses, this market is predicted to increase significantly. The industry is expanding as a result of array processing's acceptance of cutting-edge technologies, including photography.
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According to Cognitive Market Research, the LCD segment holds the largest market share because of its extensive usage in computers, cell phones, displays, and televisions. Increased demand for LCD-based devices is a result of the substantial improvement in display quality brought about by LCD technological breakthroughs, including direct switching and atomic hole upgrades.
In the flat panel display equipment market, the rapidly growing sector is OLED because of its improved display features, which include adaptability, quicker reaction times, and higher brightness contrasts. High-end cellphones, TVs, and car screens are increasingly using OLED screens. The necessity for accurate and effective production procedures is predicted to fuel a significant increase in interest in OLED-specific production machinery. The introduction of developments like adaptive and flexible OLED screens is also driving the industry.
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Research Associate at Cognitive Market Research
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
Conclusion
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Equipment Type Outlook: | Array Test Equipment, Cell Test Equipment, Module Test Equipment, Others |
Display Technology Outlook: | LCD, OLED, Micro-LED, Others |
List of Competitors | Coreflow Ltd., Hitachi Ltd., HORIBA Ltd., JTEKT Corp., KLA Corp., Lasertec Corp, Manz AG, Micronics Japan Co. Ltd., Nikon Corp., Nissin Ion Equipment Co. Ltd., Screen Holdings Co. Ltd., Soleras Advanced Coatings BV, Solutions Technologies Pvt Ltd., Soonhan Co. Ltd., TBS Holdings Inc., ULVAC Inc., VON ARDENNE GMBH |
This chapter will help you gain GLOBAL Market Analysis of Flat Panel Display Equipment. Further deep in this chapter, you will be able to review Global Flat Panel Display Equipment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Flat Panel Display Equipment. Further deep in this chapter, you will be able to review North America Flat Panel Display Equipment Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Flat Panel Display Equipment. Further deep in this chapter, you will be able to review Europe Flat Panel Display Equipment Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Flat Panel Display Equipment. Further deep in this chapter, you will be able to review Asia Pacific Flat Panel Display Equipment Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Flat Panel Display Equipment. Further deep in this chapter, you will be able to review South America Flat Panel Display Equipment Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Flat Panel Display Equipment. Further deep in this chapter, you will be able to review Middle East Flat Panel Display Equipment Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Flat Panel Display Equipment. Further deep in this chapter, you will be able to review Middle East Flat Panel Display Equipment Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Flat Panel Display Equipment. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Equipment Type Outlook: Analysis 2019 -2031, will provide market size split by Equipment Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Equipment Type Outlook: Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Display Technology Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Flat Panel Display Equipment market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Array Test Equipment have a significant impact on Flat Panel Display Equipment market? |
What are the key factors affecting the Array Test Equipment and Cell Test Equipment of Flat Panel Display Equipment Market? |
What is the CAGR/Growth Rate of LCD during the forecast period? |
By type, which segment accounted for largest share of the global Flat Panel Display Equipment Market? |
Which region is expected to dominate the global Flat Panel Display Equipment Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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