According to Market Research Future, the global IPS displays market has been segmented based on type, application, and region.
The IPS displays are the displays that offer advance features as compare to the vertical alignment (VA) and twisted nematic (TN) panels. For instance, these displays provide maximum viewing angle, eliminates color/contrast shift, which is observed from the VA displays, and provides high color accuracy and consistency.
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The global IPS display market has been segmented based on type, application, and region.
Based on type, the IPS display market has been segmented into AH-IPS, e-IPS, and others. The e-IPS segment accounted for the largest market share during 2018 and expected to record a significant CAGR during the forecast period. The e-panel displays offer 6-bit support and offer better viewing angles, color and contrast as it does not require backlight due to greater transparency, and are low cost as compared to other displays. Moreover, these are the upgraded version of S-IPS and H-IPS.
Based on application, the global IPS displays market has been classified as smartphone & tablet, TVs, PCs, and others. The smartphone & tablet segment accounted for the largest market share due to the increasing adoption of smartphones among the individuals which is one of the major factors driving the market across the globe. Moreover, advancements in technology have allowed manufacturers to provide new smartphones to users. Moreover, IPS panels do not lighten or show tailing when applied pressure with a finger touch, making it an efficient technology for smartphones. However, the development of new laptops with integrated IPS display panels is also fueling the growth of the market
Based on region, the market has been divided into North America, Europe, Asia-Pacific, and the rest of the world. The market in Asia-Pacific accounted for the largest share in 2018, followed by North America and Europe. The rising disposable income among the users in the region is one of the major factors driving the growth of the market.
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The prominent players in the software IPS displays market AU Optronics (Taiwan), Acer Inc. (Taiwan), Lenovo Group Limited (China), WINSTAR Display Co., Ltd. (Taiwan), LG Display (South Korea), Samsung Electronics Co., Ltd (South Korea), Sony Corporation (Japan), Japan Display (Japan), Panasonic Corporation (Japan), AsusTek Computer Inc. (Taiwan), and Dell (US).
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