Omdia: e-cigarettes, game consoles and two-wheeled vehicles drive industrial display panel revenue to USD 2.4 billion, up 13.6% year on year in 2025

PR Newswire

01-20

LONDON, Jan. 19, 2025 /PRNewswire/ -- Industrial display panel shipments are projected to reach 167.9 million units, marking a significant 10.9% YoY growth for 2024 according to analysis from Omdia's ...

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}","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2504165344","pubTimestamp":1737327960,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"LONDON, Jan. 19, 2025 /PRNewswire/ --Industrial display panel shipments are projected to reach 167.9 million units, marking a significant 10.9% YoY growth for 2024 according to analysis from Omdia's \"Industrial and Public Display & OEM Intelligence Service\". Among 12 industrial display applications, the smart home and office application segments, among 50 industrial display sub-applications, topped first place with 46% shipment share. Within this category, multi-function printers accounted for 22% shipment share totaling 8.6million units with panel sizes under 3-inches and 5million units with sizes ranging 3.1 to 7-inches, driven largely by AUO Display Plus.Additionally, mini LEDs backlight products, planned for slot machines, marine and professional medical display and drones, are expected to enter mass production further boosting revenue.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TTGT":"TechTarget","USD":"ProShares Ultra Semiconductors"},"translate_title":"Omdia：电子烟、游戏机和两轮车推动工业显示面板收入达到24亿美元，2025年同比增长13.6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TTGT":0.9,"USD":1},"content_text":"LONDON, Jan. 19, 2025 /PRNewswire/ -- Industrial display panel shipments are projected to reach 167.9 million units, marking a significant 10.9% YoY growth for 2024 according to analysis from Omdia's \"Industrial and Public Display & OEM Intelligence Service\". Among 12 industrial display applications, the smart home and office application segments, among 50 industrial display sub-applications, topped first place with 46% shipment share.  Within this category, multi-function printers accounted for 22% shipment share totaling 8.6million units with panel sizes under 3-inches and 5million units with sizes ranging 3.1 to 7-inches, driven largely by AUO Display Plus.\n\n  \n\nWhile most of the industrial display demand is expected to remain stable or decline slightly due to inventory challenges, the double-digit shipment growth will mainly be fueled by specific sectors, including 0.96-inch AMOLED panels for e-cigarettes and 8-inch LTPS gaming consoles, with Truly driving much of this growth. In 2025, industrial display shipments are expected to rise further to 178 million units, reflecting 6% YoY growth. Omdia forecasts a rebound in factory automation demand, while the e-cigarettes and gaming console markets are expected to maintain their strong performance.\nFrom the perspective of the industrial panel makers which includes the major industrial display panel makers such as AUO Display Plus, BOE, Innolux, Tianma and Truly, revenue is estimated to reach USD 2.1 billion for 2024, reflecting a slight decline of 3.5% YoY. However, this is expected to rebound to USD 2.4 billion in 2025, marking a robust YoY growth of 13.6%.\nFrom 2024 to 2025, industrial display supply chain participants operate with varying business models, balancing cooperation and competition to diversify product portfolios and drive revenue. Panel makers like AUO Display Plus, BOE and Truly are increasing efforts in set and open frame business, some panel makers need to have revenue first, while some prefer to choose set and open-frame businesses, which are expected to account for 4.8% of total panel revenue in 2024.\nGeopolitical risks and tariff impact in 2025 pose challenges, prompting the supply chain to shift production to Southeast Asia and India. Fortunately, many participants, including touch panel suppliers, panel module houses, ODMs, and some industrial brands have already established mass production in Southeast Asia enabling a smoother transition.\n\"Higher revenue growth is expected in 2025, driven by e-cigarettes, game consoles and new applications, such as two-wheeled vehicles with a-Si display technology,\" said TzuHu Huang.  \n\"These vehicles require displays that withstand direct sunlight and rain leading more stringent specifications.\"\nAdditionally, mini LEDs backlight products, planned for slot machines, marine and professional medical display and drones, are expected to enter mass production further boosting revenue.\nABOUT OMDIA\nOmdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets combined with our actionable insights empower organizations to make smart growth decisions.\nContact\nFasiha Khan: fasiha.khan@omdia.com\n\n  \n\n View original content to download multimedia:https://www.prnewswire.com/news-releases/omdia-e-cigarettes-game-consoles-and-two-wheeled-vehicles-drive-industrial-display-panel-revenue-to-usd-2-4-billion-up-13-6-year-on-year-in-2025--302354835.html\nSOURCE Omdia","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}