The global ferroelectric liquid crystal display market is anticipated to grow at a substantial CAGR during the forecast period (2022-2028). The prominent factor that contributes to the growth of the market, are the rising demand for small and high-resolution displays, the emerging need for wide viewing angles in displays, and the rapid adoption of the technology in various fields are the factor that enhances the market growth. The report published by UNCTAD in 2020 shows that the market size of frontier technologies in 2018 was $350 billion, and it is expected to reach $3.2 trillion by 2025. Owing to the rising adoption of technologies across the globe is the major factor that boosts the global ferroelectric liquid crystal display market.
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The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace this is anticipated to positively impact significant market growth. For instance, in December 2021, Intellisense Systems Inc. introduced the Smart Video Display Terminal 6*8, this new display is designed for new aircraft developments and modernization programs. The SVDT-0608 uses a 16.7 million-color active matrix liquid crystal display with XGA resolution that provides wide viewing angles, sunlight readability, and NVIS-compatibility. Moreover, the SVDT-0608 is available with different features, including digital video interfaces such as ARINC-818 and HD-SDI for a variety of aircraft cockpit lighting conditions.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Industry Verticals
o By End User Products
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Citizen Group, Displaymate Technologies Corp., Fujitsu, Hannstar Display Corp., Himax Technologies Inc., LG Display, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Ferroelectric Liquid Crystal Display Market Segment
By Industry Verticals
- Entertainment
- Fashion
- Defense and Aerospace
- Other
By End User Products
- Micro Displays
- Televisions
- Laptops/PC Monitors
- Smartphones
- Others
