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Monday, April 25, 2016

Display Market in China to Grow at 8% CAGR Finds TechSci Research Report

Display Market in China to Grow at 8% CAGR Finds TechSci Research Report

BURNABY, Canada, April 25, 2016 /PRNewswire/ --

Rising Demand for Smartphones, Tablets and Televisions, Coupled With Increasing Usage
of POS Units and Digital Signage to Drive China Display Market 

According to TechSci Research report, "China Display Market By Technology, By Type, By
End User, Competition Forecast and Opportunities, 2012-2022", display market in China is
projected to register a CAGR of more than 8% during 2016-2022, on account of rising demand
for consumer electronics such as smartphones, tablets, laptops, monitors, televisions,
etc., coupled with declining prices of displays due to reducing manufacturing costs and
technology advancements. In 2015, China had around 540.8 million smartphone users and
about 293.6 million tablet users. Over the past few years, display technologies have
undergone radical changes and this has also led to an upsurge in adoption of OLED (Organic
Light-Emitting Diode), QDLED (Quantum Dot Light Emitting Diode), EPD (Electronic Paper
Display), etc. OLED display segment is projected to emerge as the fastest growing market
for displays in China during the forecast period.

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Browse 23 market data Tables and 34 Figures spread through 120 Pages and in-depth TOC
on "China Display Market"

Surging demand for digital signage and POS systems on account of flourishing retail
industry, rising laptop and tablet sales, booming mobile gaming industry and increasing
mobile workforce in enterprises are few factors driving demand for display solutions in
China. In 2015, 5-inch plus screen size smartphones contributed around 32% share in China
smartphone market. Demand for large screen smartphones in China is projected to witness
significant upsurge in the coming years and this is projected to boost China display
market through 2022. Samsung Display Co., Ltd., LG Display Co., Ltd., BOE Technology Group
Co., Ltd., AU Optronics Corporation, Tianma Micro-Electronics Co. Ltd., Truly
Semiconductors Limited are few of the leading players operating in China display market.

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Customers can also request for 10% free customization on this report. 

"Growing demand for energy efficiency in consumer electronics, rising manufacturing of
various types of displays due to booming demand for consumer electronics in Southeast Asia,
rapid growth in demand for smart wearables, especially smartwatches, fitness bands, etc.,
are driving display market in China. Though LCD displays dominate China display market,
demand for new and innovative display technologies is projected to propel demand for OLED
and QDLED technologies, especially from smartphones and televisions end user segments,
over the course of next five years.", said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.

"China Display Market By Technology, By Type, By End User, Competition Forecast and
Opportunities, 2012-2022" has evaluated the future growth potential of China display
market and provides statistics and information on market structure, size, share and future
growth of China display market. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment evaluation. Besides, the
report also identifies and analyzes emerging trends along with essential drivers,
challenges and opportunities in China display market.

Browse Related Reports 

China OLED Market By Type (Displays and Lighting), By Application (Smartphones,
Tablets & Notebooks, Televisions Commercial, Residential, Automotive, Industrial and
Others), Competition Forecast and Opportunities, 2011 - 2021

Global Flexible and Transparent Displays Market Forecast and Opportunities, 2020

Global Head-up Display Market Forecast and Opportunities, 2020

About TechSci Research: 

TechSci Research is a leading global market research firm publishing premium market
research reports. Serving 700 global clients with more than 600 premium market research
studies, TechSci Research is serving clients across 11 different industrial verticals.
TechSci Research specializes in research based consulting assignments in high growth and
emerging markets, leading technologies and niche applications. Our workforce of more than
100 fulltime Analysts and Consultants employing innovative research solutions and tracking
global and country specific high growth markets helps TechSci clients to lead rather than
follow market trends.

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Tel: +1-646-360-1656 


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