Report Scope & Overview:
IPS Displays Market Size was valued at USD 56.7 billion in 2021 and is expected to reach USD 91.7 billion by 2028, and grow at a CAGR of 7.1% over the forecast period 2022-2028.
In-plane switching (IPS) is a liquid-crystal display screen technology (LCDs). It was created to address the major shortcomings of twisted nematic field effect (TN) matrix LCDs, such as strong viewing angle dependence and poor colour reproduction.
The main benefit of IPS panels is that they provide accurate colour from all viewing angles. Furthermore, when touched, IPS panels do not lighten or show tailing, which is important for touch-screen devices such as smartphones. IPS is also used in a wide range of computer monitors, televisions, and tablets. IPS technology is now commonly found in higher-end screens.
However, IPS panels can also be found in some low-cost monitors. Photographers, artists, and graphic designers frequently prefer IPS monitors because they display accurate colour from all viewing angles. As a result, an increase in disposable income increases the buyer's purchasing power.
Rising Interest in Camera-Enabled Mobile Phones
Image Sensors are increasingly being used in biometric applications due to their low power consumption and compactness.
IPS panel production costs are high.
Demand for high-end screens is increasing.
Rapidly expanding consumer electronics market.
This will be covered under the final version of the report.
IMPACT OF COVID-19:
Many governments have imposed lockdowns to prevent the spread of COVID-19. As a result, the supply chain of several markets, including the IPS Display Market Revenue, has been impacted. Due to supply chain issues, display manufacturers are having difficulty manufacturing and supplying their products, resulting in decreased IPS Display Market Trends. As a result, COVID-19 has had the greatest impact on IPS Display production in China. Manufacturers were only allowed to use 65 to 70% of their capacity, rather than the full rate. A Chinese display manufacturer predicts a 40% to 50% drop in overall display production due to manpower shortages, logistics support shortages, and quarantine procedures, as a result, the IPS Display industry has a lower IPS Display market share and IPS Display market size.
Based on, the IPS Display market is segmented into E-IPS, AH-IPS, and Others. Based on, the IPS Display market is segmented into Smartphones, tablets, PCs, TVs, and Others.
The key players in the IPS Display market are AU Optronics, WINSTAR Display, Sony Corporation, Lenovo Group Limited, AsusTek Computer Inc., Dell, Acer Inc., Samsung Electronics, Japan Display, Panasonic Corporation, and LG Display.
Asia-Pacific accounted for the largest market share during the forecast period due to the presence of many manufacturing businesses in the region that supply IPS display panels in various sizes based on their applications. Expanding urbanisation and rising disposable income among customers in the region are driving the market for IPS displays. Additionally, the growing population and demand for smartphones and tablets are propelling the market forward. Few of the region's leading manufacturers who are constantly investing in the development of new IPS display panel technology China accounted for the largest share in the area, which is regarded as a driving factor for the market's growth in the region, due to the rising population and increasing demand for better picture and colour quality. However, due to shifting consumer colour and resolution preferences, India is expected to be the fastest-growing country-level market throughout the forecast period.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 56.7 Billion|
|Market Size by 2028||US$ 91.7 Billion|
|CAGR||CAGR of 7.1% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (E-IPS, AH-IPS, Others)
• By Application (Smartphones, Tablets, Pcs, TVs, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||AU Optronics, WINSTAR Display, Sony Corporation, Lenovo Group Limited, AsusTek Computer Inc., Dell, Acer Inc., Samsung Electronics, Japan Display, Panasonic Corporation, and LG Display.|
|Key Drivers||• Rising Interest in Camera-Enabled Mobile Phones|
|RESTRAINTS||• IPS panel production costs are high.|
Frequently Asked Questions (FAQ) :
The market value is expected to reach USD 91.7 billion by 2028.
The market has been segmented with respect to type and application.
Asian pacific region is expected to dominate the IPS Displays Market.
Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of the Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. IPS Displays Market Segmentation, by type
9. IPS Displays Market Segmentation, by application
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11.1 Sony Corporation
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 AU Optronics
11.3 WINSTAR Display
11.4 Lenovo Group Limited
11.5 AsusTek Computer Inc.
11.7 Acer Inc.
11.8 Samsung Electronics
11.9 Japan Display
11.10 Panasonic Corporation
11.11 LG Display
12.1 Competitive Benchmark
12.2 Market Share analysis
12.3 Recent Developments
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