China's Share in Global Display Capacity to Reach 75% in 2028
15 days ago
- #Market Forecast
- #Manufacturing Trends
- #Display Technology
- China's share in global display capacity is projected to grow from 68% in 2023 to 75% in 2028, with a 4.0% CAGR.
- South Korea's display capacity share is expected to decline slightly from 9% to 8%, with a 0.6% CAGR.
- Taiwan's capacity share is forecasted to drop from 19% to 16%, with a -2.3% CAGR.
- Japan's share is anticipated to plummet from 4% to 1% due to factory closures, with a -21.3% CAGR.
- India's display production is delayed until 2030, with no significant investment expected before 2028.
- LCD TV/IT will dominate display applications, maintaining at least 73% share through 2028.
- OLED mobile/IT is set to grow the fastest at a 6.7% CAGR, reaching a 7% share by 2028.
- BOE leads in total display capacity, but growth slows to a 1.6% CAGR; China Star and HKC rise in rankings.
- Tianma is projected to grow the fastest among manufacturers, with a 20% CAGR, capturing 3% share by 2028.