| Product Code: ETC6162453 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Armenia liquid crystal display (LCD) market witnessed a significant decline in imports from 2020 to 2024, with a compound annual growth rate (CAGR) of -37.46%. The year-on-year growth rate plummeted by -94.53% from 2023 to 2024, indicating a sharp downturn in import activities during this period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Liquid Crystal Display (LCD) Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Liquid Crystal Display (LCD) Market - Industry Life Cycle |
3.4 Armenia Liquid Crystal Display (LCD) Market - Porter's Five Forces |
3.5 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Armenia Liquid Crystal Display (LCD) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics such as smartphones, laptops, and televisions |
4.2.2 Technological advancements leading to higher resolution and energy-efficient LCD displays |
4.2.3 Growing adoption of digital signage and displays in commercial and public sectors |
4.3 Market Restraints |
4.3.1 Intense competition from other display technologies such as OLED and MicroLED |
4.3.2 Fluctuating prices of raw materials impacting manufacturing costs |
4.3.3 Limited availability of skilled labor for display manufacturing and assembly |
5 Armenia Liquid Crystal Display (LCD) Market Trends |
6 Armenia Liquid Crystal Display (LCD) Market, By Types |
6.1 Armenia Liquid Crystal Display (LCD) Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume, By Product, 2022-2032F |
6.1.3 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume, By LCD Character Drivers, 2022-2032F |
6.1.4 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume, By LCD Graphic Drivers, 2022-2032F |
6.1.5 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume, By LCC Segment Drivers, 2022-2032F |
6.2 Armenia Liquid Crystal Display (LCD) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume, By Automotive, 2022-2032F |
6.2.3 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume, By Industrial, 2022-2032F |
6.2.4 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume, By Medical, 2022-2032F |
6.2.5 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume, By Small Appliance, 2022-2032F |
6.2.6 Armenia Liquid Crystal Display (LCD) Market Revenues & Volume, By Others, 2022-2032F |
7 Armenia Liquid Crystal Display (LCD) Market Import-Export Trade Statistics |
7.1 Armenia Liquid Crystal Display (LCD) Market Export to Major Countries |
7.2 Armenia Liquid Crystal Display (LCD) Market Imports from Major Countries |
8 Armenia Liquid Crystal Display (LCD) Market Key Performance Indicators |
8.1 Average selling price (ASP) of LCD panels |
8.2 Adoption rate of high-resolution LCD displays in the market |
8.3 Percentage of LCD display shipments that are energy-efficient models |
8.4 Research and development expenditure by key market players on LCD technology advancements |
9 Armenia Liquid Crystal Display (LCD) Market - Opportunity Assessment |
9.1 Armenia Liquid Crystal Display (LCD) Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Armenia Liquid Crystal Display (LCD) Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Armenia Liquid Crystal Display (LCD) Market - Competitive Landscape |
10.1 Armenia Liquid Crystal Display (LCD) Market Revenue Share, By Companies, 2025 |
10.2 Armenia Liquid Crystal Display (LCD) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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