High demand for vehicle displays technology in the automotive sector and surge in demand for OLED display devices in smartphones & tablets are the major factors propelling the growth of the global flat panel display market
Outdoor LED displays have been gaining popularity, owing to significant technological advancements such as automated LED displays, wireless control systems, better picture quality, and high brightness levels. However, factors such as high initial investments and unstable demand are some of the major factors hampering the market growth.