According to Cognitive Market Research, the global Liquid Crystal Displays market size will be USD 269541.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 33.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 107816.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 31.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 80862.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 61994.55 million in 2024 and will grow at a compound annual growth rate (CAGR) of 35.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 13477.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 5390.83 million in 2024 and will grow at a compound annual growth rate (CAGR) of 32.9% from 2024 to 2031.
The MiniLED backlighting technology category is the fastest growing segment of the Liquid crystal Displays industry