| Product Code: ETC419786 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The display panel market in Vietnam is integral to the electronics and technology sectors. Display panels are used in a wide range of devices, including smartphones, televisions, and computer monitors. As Vietnam continues to develop as a manufacturing and assembly hub for electronics, the demand for display panels remains strong. The market is characterized by a mix of domestic production and imports, with a focus on technological advancements and cost-effective manufacturing to meet global demand.
The display panel market in Vietnam is experiencing significant growth due to the increasing use of display technology in various sectors, including electronics, automotive, and advertising. With the rising demand for smartphones, tablets, and televisions, the market for display panels, including LCD and OLED displays, has expanded. Additionally, the automotive industry is incorporating advanced display panels for infotainment systems and instrument clusters. The advertising and digital signage sectors are also contributing to market growth as businesses adopt digital display solutions for marketing and branding purposes.
The display panel market in Vietnam encounters challenges related to technological advancements and global competition. Keeping pace with rapidly evolving display technologies, such as OLED and MicroLED, requires significant investments in research and development. Additionally, the market competes with established players from other countries in the display industry, making it important for Vietnam to carve out its niche.
The COVID-19 pandemic had mixed effects on the Vietnam display panel market. While the initial phase of the pandemic disrupted supply chains and manufacturing processes, the market later witnessed increased demand for display panels due to the surge in remote working and online learning. This demand was driven by the need for laptops, tablets, and monitors, which use various types of display panels. The consumer electronics segment also experienced a boost as people invested in home entertainment systems during lockdowns. However, the market also faced challenges related to logistics and transportation disruptions. As the economy adjusted to remote work and digitalization, the display panel market continued to evolve.
In the highly competitive Vietnam display panel market, LG Display is a dominant force. Renowned for its cutting-edge technologies and innovation in LCD and OLED displays, LG Display has secured a substantial market share. Another key player is Samsung Display, a leader in the production of high-quality AMOLED panels, known for their vivid colors and sharp contrasts. These two giants continue to shape the industry landscape with their technological advancements.
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 Vietnam Display Panel Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Display Panel Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Display Panel Market - Industry Life Cycle |
3.4 Vietnam Display Panel Market - Porter's Five Forces |
3.5 Vietnam Display Panel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Display Panel Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Vietnam Display Panel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Display Panel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for advanced display technologies in various industries such as consumer electronics, automotive, and healthcare. |
4.2.2 Increasing investments in research and development for enhancing display panel technologies. |
4.2.3 Rising adoption of OLED and QLED display panels for better picture quality and energy efficiency. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like indium, glass, and polymers affecting the production cost of display panels. |
4.3.2 Intense competition among display panel manufacturers leading to pricing pressures and margin erosion. |
4.3.3 Regulatory challenges related to environmental standards and disposal of electronic waste. |
5 Vietnam Display Panel Market Trends |
6 Vietnam Display Panel Market, By Types |
6.1 Vietnam Display Panel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Display Panel Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Display Panel Market Revenues & Volume, By LCD, 2021-2031F |
6.1.4 Vietnam Display Panel Market Revenues & Volume, By OLED, 2021-2031F |
6.2 Vietnam Display Panel Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Display Panel Market Revenues & Volume, By Rigid, 2021-2031F |
6.2.3 Vietnam Display Panel Market Revenues & Volume, By Flexible, 2021-2031F |
6.2.4 Vietnam Display Panel Market Revenues & Volume, By Foldable, 2021-2031F |
6.3 Vietnam Display Panel Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Display Panel Market Revenues & Volume, By Tablets and Mobile Phones, 2021-2031F |
6.3.3 Vietnam Display Panel Market Revenues & Volume, By Television, 2021-2031F |
6.3.4 Vietnam Display Panel Market Revenues & Volume, By Digital Signage, 2021-2031F |
6.3.5 Vietnam Display Panel Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.6 Vietnam Display Panel Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Display Panel Market Import-Export Trade Statistics |
7.1 Vietnam Display Panel Market Export to Major Countries |
7.2 Vietnam Display Panel Market Imports from Major Countries |
8 Vietnam Display Panel Market Key Performance Indicators |
8.1 Average selling price (ASP) of display panels in the Vietnam market. |
8.2 Adoption rate of new display technologies in key industries. |
8.3 Percentage of display panel manufacturers' revenue allocated to RD expenses. |
8.4 Energy efficiency ratings of display panels sold in Vietnam. |
8.5 Customer satisfaction scores related to the performance and durability of display panels. |
9 Vietnam Display Panel Market - Opportunity Assessment |
9.1 Vietnam Display Panel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Display Panel Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Vietnam Display Panel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Display Panel Market - Competitive Landscape |
10.1 Vietnam Display Panel Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Display Panel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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