Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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2022 –2029 |
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USD 1,769.08 |
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USD 2,723.23 |
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Global Passive Matrix Liquid Crystal Display Market, By Product (Manual, Automatic), Screen Size (Less Than 5, 5-10, >10), Type (Instrument Cluster Displays, Head-up Display, Centre Stack Display, Driver Information Display, Advanced Instrument Cluster Display, Rear- Seat Entertainment Touch Screen Display, Camera Information Display), Vehicle Type (Premium Passenger Cars, Compact Passenger Cars, Luxury Passenger Cars, Mid-Sized Passenger Cars, Heavy Commercial Vehicles, Light Commercial Vehicles), Application (Navigation, Telematics, Infotainment, Blind Spot Detection) – Industry Trends and Forecast to 2029.
Liquid Crystal Displays (LCDs) are widely used in various industries, including entertainment, corporate, transportation, retail, hospitality, education, and healthcare. These enable organizations to reach a larger audience. They also aid in the establishment of a centralized network for digital communications. Passive matrix liquid crystal displays are in high demand for displaying content.
Data Bridge Market Research analyses that the passive matrix liquid crystal display market which was growing at a value of 7.08 billion in 2021 and is expected to reach the value of USD 18.23 billion by 2029, at a CAGR of 12.55% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Manual, Automatic), Screen Size (Less Than 5, 5-10, >10), Type (Instrument Cluster Displays, Head-up Display, Centre Stack Display, Driver Information Display, Advanced Instrument Cluster Display, Rear- Seat Entertainment Touch Screen Display, Camera Information Display), Vehicle Type (Premium Passenger Cars, Compact Passenger Cars, Luxury Passenger Cars, Mid-Sized Passenger Cars, Heavy Commercial Vehicles, Light Commercial Vehicles), Application (Navigation, Telematics, Infotainment, Blind Spot Detection)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Panasonic Corporation (Japan), LG DISPLAY CO., LTD (South Korea), AUO Corporation. (Taiwan), CHIMEI (Taiwan), SAMSUNG (South Korea), SHARP CORPORATION (Japan), Schneider Electric (France), Siemens (Germany), Mitsubishi Electric Corporation (Japan), SONY INDIA. (India), FUJITSU (Japan), Chunghwa Picture Tubes, LTD. (Taiwan), Barco.(Belgium), BOE Technology Group Co., Ltd. (China), Innolux Corporation (Taiwan), Advantech Co., Ltd (Taiwan)
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Opportunities
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Market Definition
A flat-panel display composed of a grid of horizontal and vertical wires. At the intersection of each grid is an LCD element representing a single pixel, allowing or blocking light. An active-matrix display, which is more expensive and of higher quality, uses a transistor to control each pixel. These lighting solutions are highly energy-efficient, have a longer lifespan than traditional lighting solutions, and have a lower environmental impact.
Drivers
Passive matrix liquid crystal displays have several built-in advantages, including exceptional readability, light in a much narrower spectrum than other illumination sources, energy efficiency, low operating costs, and long life. These will be expected to reduce electronic power losses and increase market usage of competently used outdoor displays. Furthermore, using passive matrix liquid crystal displays for advertising, promoting sporting events and brands, and other types of events is a highly innovative and cost-effective method of promoting these types of events.
The increasing reliance on navigation systems is a critical factor driving market growth, as is continuous innovation in driver assistance solutions and enhancement of driver experience and safety features, among other factors driving the passive-matrix liquid crystal display market. Furthermore, significant technological advances and developments in the market will create new opportunities for the passive-matrix liquid crystal display market during the forecast period.
Opportunities
This increasing reliance on navigation systems is an important factor driving market growth, as is continuous innovation in driver assistance solutions and enhancement of driver experience and safety features, among other factors driving the passive-matrix liquid crystal display market.
Furthermore, significant technological advances and developments in the market will create new opportunities for the passive-matrix liquid crystal display market during the forecast period.
Restraints
However, a lack of adoption and preference for implementing high-cost automotive displays, as well as rising concerns about the mobility functionality of touch screen displays in comparison to mechanical controls, are among the major factors that will limit market growth and further challenge the passive-matrix liquid crystal display market during the forecast period.
This passive matrix liquid crystal display market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the passive matrix liquid crystal display market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
The COVID-19 has had an impact on the digital liquid crystal display (LCD) market. Limited investment costs and a lack of employees hampered sales and production of liquid crystal display (LCD) technology. However, the government and key market players adopted new safety measures in order to develop the practices. As technology advanced, the sales rate of the li liquid crystal display (LCD) digital increased because it targeted the right audience. Increased device sales across the globe are expected to drive market growth in the post-pandemic scenario.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
The passive matrix liquid crystal display market is segmented on the basis of product, screen size, type, vehicle type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Screen Size
Type
Vehicle Type
Application
The passive matrix liquid crystal display market is analysed and market size insights and trends are provided by country, product, screen size, type, vehicle type and application as referenced above.
The countries covered in the passive matrix liquid crystal display market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the passive-matrix liquid crystal display market because of its continued adoption of advanced automotive solutions.
Asia-Pacific is expected to grow in the passive matrix liquid crystal display market because of the expanding automobile industry.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The passive matrix liquid crystal display market competitive landscape provides details by competitor. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to passive matrix liquid crystal display market.
Some of the major players operating in the passive matrix liquid crystal display market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Passive Matrix Liquid Crystal Display Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Passive Matrix Liquid Crystal Display Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
