Global Smart Camera Market Anticipated to be Worth US$ 9,829.1 Mn by 2020; Future Market Insights

According to Future Market Insights’ new market research report, “Smart Camera Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020”, the global smart camera market is anticipated to witness a stellar compound annual growth rate (CAGR) of 23.84% through 2020, and reach a valuation of US$ 9,829.1 Mn; the global smart camera market was valued at US$ 2,469 Mn in 2014. In terms of volume, the smart camera market is anticipated to expand at a CAGR of 23.8% through 2020 and reach 85.47 Mn units by 2020.

Advancement in home- and industrial- automation has augured well for the prospects of the smart camera market. Smart cameras are used for surveillance and monitoring purposes in home automation, whereas in industrial automation, these are used for a host of applications, depending upon the specific industry. It is anticipated that increased demand from these sectors will fuel the smart camera market during the forecast period, 2015-2020.

The global smart camera market is also propelled by technological advancements in smart camera technology. Innovation in CMOS image sensors, embedded system designs, smart lenses, and chip manufacturing has expanded the scope of smart camera applications.

FMI’s analysis found that the projected growth in the electronics and semiconductor industry will create new opportunities for smart camera market. Price reduction in PC-based smart camera and government focus on strengthening the surveillance and security system is also anticipated to provide an impetus to the smart camera market during the forecast period.

Browse Full: "Smart Camera Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/smart-camera-market
Lack of standardisation is a key challenge for the widespread adoption of smart cameras. Regulations regarding limited use of smart cameras for surveillance at public places is another factor that can restrain the growth of the market. Furthermore, the use of smart cameras in developing countries is limited to surveillance, security, and transportation sectors, and this can create challenges for market expansion during the forecast period.

Smart camera incorporates a host of components, including image sensor, memory, processor, communication interface, lens, and display. Among these, lens and processors accounted for 48% of the smart camera market share in 2014, and this is anticipated to amplify to 50% by 2020. FMI estimates that these two segments will expand at CAGRs of over 20% during the forecast period.

Evolution of user-friendly technologies is anticipated to boost the demand for smart cameras among consumers. The consumer segment was worth US$ 649 Mn in 2014 and FMI estimates that it will witness a CAGR of over 18% through 2020. Increased demand for smart cameras from transportation and automotive industry is anticipated to provide growth opportunities, with this segment anticipated to witness a CAGR of 24.5% through 2020. Other key application segments of smart cameras, including healthcare & pharmaceutical, food & beverages, military & defence, commercial area, and ‘others’ are also anticipated to witness a healthy growth rate through 2020.

Asia Pacific is the most lucrative market for global smart camera market. Product innovation by manufacturers in China, India, Taiwan, Korea, and Singapore is fuelling the growth of smart camera market in the region. FMI estimates that the Asia Pacific smart camera market will witness a CAGR of 21.7% during the forecast period. Other key regions for smart camera market include North America, Western Europe, and Japan. Smart camera market in Latin America is at a nascent stage, however, FMI estimates that it will witness the fastest CAGR of 31.7%.

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Innovation, mergers & acquisitions, and brand reinforcement remain the key trends for leading players in the smart camera market. Samsung Electronics Co., Ltd., Canon Inc., Nikon Corporation, Sony Corporation and Panasonic Corporation, Olympus Corporation, Polaroid Corporation, Microscan Systems, Inc., Vision Components GmbH, Matrox Imaging, and XIMEA GmbHare focusing on developing innovative products to consolidate their position in the market.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

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Global Flat Panel Dispaly Market Anticipated to Expand at a CAGR of CAGR of 5.8% through 2020

Future Market Insights (FMI) delivers incisive insights into emerging markets in its latest report titled, “Flat Panel Display Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020”. The report states that the Global Flat Panel Display Market will expand at a CAGR of 5.8% and reach a valuation of US$ 135 Bn by 2020. The global flat panel display market is mainly driven by increasing adoption of FPD in mobile devices and increasing consumer demand for monitors in automobiles.

The global flat panel display market is expected to be one of the major markets in the near future. Growth of flat panel display market across the globe is driven by factors, such as high rate of technology adoption, increasing demand for big size displays, developing consumer electronics market, and increasing investment on research and development by flat panel display manufacturers.

Global FPD market is classified on the basis of technology, application and region. By technology, the overall FPD market is segmented into - Liquid crystal Display (LCD), Plasma Display (PDP), Organic Light Emitting Diode Display (OLED) and others. Liquid Crystal display is the major technology for FPD market, accounting for over 80% share of the market in 2014.

Browse Full: "Flat Panel Display Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/global-flat-panel-display-market

On the basis of applications, the global flat panel display market is segmented into consumer electronics, automotive application and others. The other applications of flat panel display includes healthcare, defence & military, etc.  The consumer electronics segment is sub-segmented into television (TV), mobile phone and personal computer (PC). Consumer electronics segment is the leading application in the flat panel display market with a collective market share over 70% in 2014; it is anticipated to exhibit the fastest CAGR over 15% during the forecast period 2015 – 2020. Consumer electronics market is followed by automotive application with over 7.5% CAGR during the forecast period. The growth in flat panel display market is attributed to technological developments in electronics and semiconductor industry and increasing implantation of flat panel display for consumer products such as televisions, smartphones, tablets and laptops. Significant increase in the demand of flat Panel displays is attributed to high definition image quality offered by various FPDs, reduction in prices of LCDs and plasma displays.

On the basis of region, the flat panel display market is segmented as Americas, Europe, APAC (excluding Japan), Japan (as a region) and MEA. In 2014, Asia Pacific was the dominant geographical region in the overall global flat panel display market with over 80% share by revenue, followed by Japan. In 2014, China, Taiwan, Korea and Japan were the most lucrative markets in the APAC region.

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Technological advancements and innovations remain the key to gaining a competitive edge in the flat panel display market. Companies such as Panasonic Corporation, Sony Corporation, LG Display Co. Ltd., Emerging Display Technologies Corp., Innolux Corp., Sharp Corporation, Japan Display Inc., Samsung Electronics Co. Ltd., Universal Display Corporation and AU Optronics Corporation are some of the major players in global flat panel display market and account for maximum market share and constantly focus on new product release, R&D, mergers and acquisitions to expand their geographical presence and customer base.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm delivering syndicated research reports, custom research reports and consulting services which are personalised in nature. FMI delivers a complete packaged solution, combining current market intelligence, statistical anecdotes, technology inputs, valuable insights into market growth patterns, a bird’s-eye view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

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Asia Pacific Automotive Telematics Market Regional Overview, 2014 to 2020; Future Market Insights

Future Market Insights (FMI) with sharp focus on emerging regions delivers key insights about the Asia Pacific automotive telematics market in its recent report titled, “Asia Pacific Automotive Telematics Market Analysis and Opportunity Assessment, 2014 - 2020”. According to this report, the global telematics market is expected to expand at a single-digit CAGR during forecast period 2014–2020. On the other hand, APAC will demonstrate the fastest growth in the global automotive telematics market at a double-digit CAGR during the forecast period. During this period, the contribution of the telematics market in the Asia Pacific region to the overall market is projected to increase from 26% to 30%, reflecting an increase of 400 BPS.

This growth is attributed to high penetration of technologies and steadily increasing GDP. Moreover, Asia Pacific benefits from the presence of established vendors in the commercial vehicle telematics market, which includes PeopleNet, FleetMatics, Trimble, Telogis and Omnitracs. Furthermore, over 42% of the world’s Internet users in Asia (2013), combined with hundreds of millions of 4G users, will fuel growth of the APAC automotive telematics market during the forecast period.

FMI lead consultant, Nikhil Kaitwade, sheds light on why Asia Pacific will emerge the fastest growing market in the near future. “Telematics in the automotive industry has become increasingly relevant with a palpable emphasis on safety and security globally. New business models combined with increased technology adoption and remote vehicle diagnostics is fuelling growth of the Asia Pacific automotive telematics market,” he said.

Browse the full "Asia Pacific Automotive Telematics Market - Application analysis, competitive analysis, market value, company profile, industry growth,  segment analysis, trends, geography, size, regional outlook, cagr, opportunity, share and forecast 2014 to 2020, Future Market Insights" report at http://www.futuremarketinsights.com/reports/details/asia-pacific-automotive-telematics-market

The three key technologies that will drive the Asia Pacific automotive telematics market are:

Embedded Technology – Currently, this segment dominates the Asia Pacific automotive telematics market. Greater ease of assembly, ease of troubleshooting, reliability of components and fall in cost of electronic parts are factors driving demand for automotive embedded systems in this region. Increasing use of cloud-based telematics will also influence the APAC automotive telematics embedded technology market segment. FMI projects that this segment will display a double-digit CAGR during the forecast period.

Tethered Technology – The tethered technology segment in the Asia Pacific automotive telematics market will demonstrate the lowest growth at a single-digit CAGR during forecast period 2014–2020.

Smartphone Technology – Price advantages and growing smartphone penetration will fuel growth of the smartphone technology segment in the Asia Pacific automotive telematics market. FMI anticipates that evolving smartphone technology will witness the highest CAGR in double digits during the forecast period.

Currently, North America dominates the global automotive telematics market, followed by Europe. High penetration of the aforesaid technologies in Asia Pacific combined with saturation of European and North American markets will continue to fuel growth of the APAC automotive telematics market.

Elaborating on this trend, Kaitwade further stated, “In order to differentiate their product offerings, automotive OEMs are integrating telematics technologies into vehicles they manufacture.”

In addition, the expanding safety and security end-user segment and increasing prominence of social media in Asia Pacific will drive the automotive telematics market in the region. The safety and security end-user segment is anticipated to dominate the Asia Pacific automotive telematics market between 2014 and 2020 due to increasing consumer focus on safety and security aspects. Growing prominence of social media in the Asia Pacific region will also contribute to the growth of infotainment segment during the forecast period.

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Animal Healthcare Market will be Worth US$ 43 Billion by 2020; Future Market Insights

In its new report, titled, “Animal Healthcare Market: Global Industry Analysis and Opportunity Assessment, 2015 - 2020”, FMI projects that the global animal healthcare market will witness a compound annual growth rate (CAGR) of over 5% through 2020 and reach a valuation of US$ 43 billion.
The animal healthcare market is witnessing a shift towards preventive healthcare, with farm owners investing in feed additives and periodic health check-ups of their livestock. This trend was phenomenal in Asia Pacific, which is a lucrative region for the animal healthcare market. It is anticipated that the feed additives segment will expand at a CAGR of 5.4% during the forecast period (2015-2020).

The lucrative feed additives business has prompted the entry of new entrants in the market. Wuliangye Yibin Co. Ltd., a leading alcohol producer in China diversified into the animal feed business last year by partnering with New Hope Liuhe. It is anticipated that there will be greater investments in the animal feed segment in the near future.

According to the Food and Agriculture Association (FAO) of the United States, global meat production is anticipated to reach 341 million tonnes by 2030. This increase in demand will be accompanied by rising concerns about food-borne zoonotic diseases. Consumer focus on safe and healthy meat products will provide an impetus to the animal healthcare market. The market for production animals - animals raised for meat and milk - is anticipated to be worth US$ 27 billion by 2020.

Browse Full: "Animal Healthcare Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/animal-healthcare-market

Pet humanisation trend has caught the attention of people in Asia, especially in China, India, and Southeast Asian countries. Consumers in these countries are spending more on pet food and pet care. Rising trend of pet adoption is anticipated to fuel the animal healthcare market during the forecast period. European and American market is already mature as far as pet humanisation is concerned, and generates strong demand for pet care products.

Region-wise, North America, Europe, and Asia Pacific are the three most lucrative markets for the animal healthcare market. The North American animal healthcare market was worth US$ 10.9 billion in 2014 and it is anticipated that it will expand at a CAGR of 4.5% through 2020 to reach a valuation of US$ 14.1 billion. In terms of revenue, the U.S. dominates the North American animal healthcare market; it had a market share of over 80% in 2014. Among the product segments, the demand for pharmaceutical products was more than that of vaccines and feed additives.

The European animal healthcare market is anticipated to exhibit a 4.7% CAGR through 2020 and reach a valuation of US$ 12.2 billion by 2020. France, Germany, and U.K. are the top three markets for animal healthcare in Europe. Turkey and CIS countries are anticipated to witness a higher growth rate than other European countries.

The animal healthcare market in Asia Pacific is anticipated to witness a CAGR of 6.2% through 2020 and reach a valuation of US$ 11.2 billion. China dominates the Asia Pacific animal healthcare market and it is anticipated to remain the most lucrative market through 2020 as well. Unlike Europe and North America, where pharmaceuticals are anticipated to generate the highest demand, the Asia Pacific animal healthcare market is characterised by high demand for feed additives.

For key insights on the Animal Healthcare Market, Request a sample at http://www.futuremarketinsights.com/reports/sample/rep-gb-431

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact 

Ms Christina Johnsan
3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
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Global UV Tapes Market to be Worth US$ 437.9 Million by 2020; Future Market Insights

Future Market Insights (FMI), in its recent report titled, “UV Tapes Market: Global Industry Analysis and Opportunity Assessment 2015 -2020”, projects that the global UV Tapes market will be worth US$ 437.9 million by 2020. FMI’s analysis found that the global UV tapes market will expand at a CAGR of over 9% through 2020.

Robust Demand from Semiconductor Industry will boost the UV Tapes Market

UV tapes are being increasingly used in the semiconductor industry for back-grinding and wafer-dicing processes. The surge in consumer electronics market is expected to increase the demand for semiconductors. According to World Semiconductor Trade Statistics, the global chip market will grow by 3% through 2016 to reach a valuation of US$ 355 billion. Growing demand for semiconductors is anticipated to push the demand for UV tapes market globally.

Inefficiency of PSA tapes in high-temperature applications and concerns about their impact on the environment are other factors that are anticipated to provide a boost to the UV tapes market.

PO-based UV Tapes Have the Highest Demand

Among the various types of raw materials used for the manufacture of UV tapes, such as PO, PVC, PET, and acrylic adhesives, the demand for PO is anticipated to remain dominant through 2020. The market value of PO segment was worth US$ 166 million in 2015, and it is anticipated to reach a valuation of US$ 269 million by 2020.

Browse Full: "Global UV Tapes Market - Application analysis, competitive analysis, market value, company profile, industry growth,  segment analysis, trends, geography, size, regional outlook, CAGR, opportunity, share and forecast 2015 to 2020, Future Market Insights" Market Research Report at http://www.futuremarketinsights.com/reports/details/uv-tapes-market

Wafer-dicing & Back-grinding: Dominant Application Segments

Wafer-dicing and back-grinding are the two major application segments of UV tapes. The demand for UV tapes from both these end-use application segments is anticipated to remain strong during the forecast period (2015-2020), owing to sustained growth in the semiconductor processing industry. The market value of wafer-dicing segment is anticipated to be US$ 207.8 million by 2020 - which will be slightly more than the back-grinding application segment.

Furukawa Electric Co. Ltd., Nitto Denko Corporation, Mitsui Chemicals, Sumitamo Bakelite Ltd., and Lintec Corporation are the key companies in the global UV tapes market. Among these key companies, Furukawa Electric Co. Ltd. and Nitto have a strong presence in Taiwan and China, whereas Lintec Corporation is a dominant player in the Japanese UV market. These three companies collectively account for more than half of the market share of the global UV tapes market.

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Asia Pacific Dominates the UV Tapes Market

Region-wise, Asia Pacific dominates the UV tapes market in terms of value, and it is projected that it will continue to be the most dominant market through 2020 as well. The Asia Pacific UV tapes market is anticipated to witness a CAGR of 10.2% through 2020 and reach a valuation of US$ 323.5 million. Presence of large-scale commercial foundries and the growth in the consumer electronics segment are the two key drivers for the growth of the market. Other key region in terms of market value is North America, which is anticipated to expand at a CAGR of 6.8% through 2020. The North American UV tapes market is fuelled by growing investment in the semiconductor foundries, such as Intel.

About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact

Ms Christina Johnsan
3rd Floor,
207 Regent Street,
London - W1B 3HH
United Kingdom
T: + 44 (0) 20 7692 8790
D: +44 (0) 20 3287 4268
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Asia Textile Chemicals Market Trends and Impact Analysis 2014 to 2020 by Future Market Insights

New York, U.S., May 28, 2015: According to Future Market Insights’ (FMI) recent report titled, “Textile Chemicals Market: Asia Industry Analysis and Opportunity Assessment, 2014 - 2020’, the textile chemicals market in Asia will be worth US$ 11.62 billion by 2020. Buoyed by strong demand from textile industry in China, India, Vietnam, Bangladesh, and Indonesia, the textile chemicals market is expected to expand at a compound annual growth rate (CAGR) of 7.6% through 2020.

Focus on Safe & Eco-friendly Chemicals Key Trend in the Market

The global textile chemicals market is in a transitional phase, with an increase in emphasis on developing skin- and eco-friendly apparels. The impact of Greenpeace investigation on harmful textile chemicals is evident as textile companies are regulating their supply chain stringently. According to FMI’s analysis, compliance with international regulations and focus on using safe chemicals will be the key trends in the Asia textile chemicals market during the forecast period 2014-2020.

FMI’s analysis found that the global textile chemicals industry is highly fragmented and is comprised of both big and small players catering to a fiercely competitive market. It is anticipated that to consolidate their position in the market, the key textile chemical companies will focus on developing innovative products and widen their range of offerings. Furthermore, it is anticipated that the demand for functional finishes that impart specific properties to textiles will continue to drive innovation in the market.

Browse Full: "Textile Chemicals Market: Asia Industry Analysis and Opportunity Assessment 2014 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/asia-textile-chemicals-market

On the basis of product type, the textile chemicals market in Asia is segmented into textile auxiliaries and textile colourants. FMI’s research on the Asia textile chemicals market found that the demand for both these types of textile chemicals was equally strong in 2014. However, owing to increased demand for chemicals used during the various processing stages, it is anticipated that the textile auxiliaries segment will have a slight upper hand over textile colourants by 2020. FMI projects that the textile auxiliaries segment will witness a CAGR of 8%, whereas the textile colourants segment will expand at a 7.1% CAGR.

China & India Most Lucrative Markets

China and India remain the most lucrative regions for Asia textile chemicals market. The high demand for apparels and furnishings from the burgeoning middle class in these two countries is anticipated to provide growth opportunities for textile chemicals companies. The demand for textile chemicals will also be robust in Bangladesh, Vietnam, and Indonesia, where many leading multinational apparel brands have their manufacturing hubs.

The Asia textile chemicals market is also segmented on the basis of key applications into apparels, home furnishings, and others (technical and smart textiles). FMI’s analysis found that among these end-use applications, the highest demand for textile chemicals came from the apparels segment. It is anticipated that the apparels segment will witness a CAGR of 6.8% through 2020.

On the basis of process types, the textile chemicals market in Asia is segmented into pre-treatment dyeing, finishing, and others (includes chemicals used during the printing process). FMI’s research found that among these, the finishing segment will expand at a CAGR of 8.6% through 2020. The growth rate of finishing segment will be higher than that of the other segments.

The key textile companies in the textile chemicals market in Asia include DyStar Group, Archroma, and Huntsman Corporation.  

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About Us

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.

Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare and Retail. FMI’s operating model blends cross-disciplinary research experience to deploy in-depth, insightful and actionable research.

Contact 

Ms Christina Johnsan

3rd Floor,

207 Regent Street,

London - W1B 3HH

United Kingdom

T: + 44 (0) 20 7692 8790

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Global Flat Panel Display Market Projected to be worth US$ 135 Bn by 2020; Future Market Insights

Future Market Insights (FMI) delivers incisive insights into emerging markets in its latest report titled, “Flat Panel Display Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020”. The report states that the Global Flat Panel Display Market will expand at a CAGR of 5.8% and reach a valuation of US$ 135 Bn by 2020. The global flat panel display market is mainly driven by increasing adoption of FPD in mobile devices and increasing consumer demand for monitors in automobiles.

The global flat panel display market is expected to be one of the major markets in the near future. Growth of flat panel display market across the globe is driven by factors, such as high rate of technology adoption, increasing demand for big size displays, developing consumer electronics market, and increasing investment on research and development by flat panel display manufacturers.

Global FPD market is classified on the basis of technology, application and region. By technology, the overall FPD market is segmented into - Liquid crystal Display (LCD), Plasma Display (PDP), Organic Light Emitting Diode Display (OLED) and others. Liquid Crystal display is the major technology for FPD market, accounting for over 80% share of the market in 2014.

Browse Full: "Flat Panel Display Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020" Market Research Report at http://www.futuremarketinsights.com/reports/details/global-flat-panel-display-market

On the basis of applications, the global flat panel display market is segmented into consumer electronics, automotive application and others. The other applications of flat panel display includes healthcare, defence & military, etc.  The consumer electronics segment is sub-segmented into television (TV), mobile phone and personal computer (PC). Consumer electronics segment is the leading application in the flat panel display market with a collective market share over 70% in 2014; it is anticipated to exhibit the fastest CAGR over 15% during the forecast period 2015 – 2020. Consumer electronics market is followed by automotive application with over 7.5% CAGR during the forecast period. The growth in flat panel display market is attributed to technological developments in electronics and semiconductor industry and increasing implantation of flat panel display for consumer products such as televisions, smartphones, tablets and laptops. Significant increase in the demand of flat Panel displays is attributed to high definition image quality offered by various FPDs, reduction in prices of LCDs and plasma displays.

On the basis of region, the flat panel display market is segmented as Americas, Europe, APAC (excluding Japan), Japan (as a region) and MEA. In 2014, Asia Pacific was the dominant geographical region in the overall global flat panel display market with over 80% share by revenue, followed by Japan. In 2014, China, Taiwan, Korea and Japan were the most lucrative markets in the APAC region.

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Technological advancements and innovations remain the key to gaining a competitive edge in the flat panel display market. Companies such as Panasonic Corporation, Sony Corporation, LG Display Co. Ltd., Emerging Display Technologies Corp., Innolux Corp., Sharp Corporation, Japan Display Inc., Samsung Electronics Co. Ltd., Universal Display Corporation and AU Optronics Corporation are some of the major players in global flat panel display market and account for maximum market share and constantly focus on new product release, R&D, mergers and acquisitions to expand their geographical presence and customer base.

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