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Smartphone Display Market

ID: MRFR/SEM/0666-HCR
200 Pages
Aarti Dhapte
October 2025

Smartphone Display Market Research Report Information By Type (Capacitive and Resistive Display Screen), By Display Technology (TFT-LCD, IPS-LCD, OLED, AMOLED, and Others), By Size (0-4 inches, 4-5 inches, 5-6 inches, and Others), By Resolution (720 x 1280, 1920 x 1080, and Others), and By Region (North America, Europe, Asia-Pacific, and Rest Of The World) – Industry Forecast Till 2035

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Smartphone Display Market Infographic
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Smartphone Display Market Summary

As per MRFR analysis, the Smartphone Display Market Size was estimated at 64.5 USD Billion in 2024. The Smartphone Display industry is projected to grow from 69.73 USD Billion in 2025 to 151.96 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 8.1 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Smartphone Display Market is experiencing a dynamic shift towards high-resolution and sustainable technologies.

  • High-resolution displays are becoming increasingly prevalent, driven by consumer demand for superior visual experiences.
  • Sustainable manufacturing practices are gaining traction, reflecting a growing emphasis on eco-friendly solutions in display technology.
  • Flexible display technologies are emerging, particularly in the Asia-Pacific region, which is witnessing rapid growth in this segment.
  • The rising demand for enhanced user experience and technological advancements in display technologies are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 64.5 (USD Billion)
2035 Market Size 151.96 (USD Billion)
CAGR (2025 - 2035) 8.1%

Major Players

Samsung Display (KR), LG Display (KR), BOE Technology Group (CN), Sharp Corporation (JP), Japan Display Inc. (JP), TCL Technology (CN), Visionox Technology (CN), AU Optronics (TW)

Smartphone Display Market Trends

The Smartphone Display Market is currently experiencing a dynamic evolution, driven by advancements in technology and changing consumer preferences. As manufacturers strive to enhance user experience, there is a noticeable shift towards displays that offer higher resolutions, improved color accuracy, and better energy efficiency. This trend is further fueled by the increasing demand for immersive multimedia experiences, which necessitates displays that can deliver vibrant visuals and responsive touch capabilities. Additionally, the integration of innovative materials and manufacturing techniques is likely to play a crucial role in shaping the future of this market. Moreover, sustainability is becoming a focal point within the Smartphone Display Market. As environmental concerns gain prominence, manufacturers are exploring eco-friendly materials and production processes. This shift not only addresses consumer demand for greener products but also aligns with global initiatives aimed at reducing electronic waste. The convergence of technology and sustainability appears to be a defining characteristic of the current landscape, suggesting that future developments will increasingly prioritize both performance and environmental responsibility. Overall, the Smartphone Display Market is poised for continued growth, with trends indicating a blend of technological innovation and sustainable practices that could redefine industry standards.

High-Resolution Displays

There is a growing emphasis on high-resolution displays within the Smartphone Display Market. Consumers increasingly seek devices that provide sharper images and enhanced visual clarity. This trend is likely to drive manufacturers to invest in advanced display technologies, such as OLED and AMOLED, which offer superior color reproduction and contrast.

Sustainable Manufacturing Practices

Sustainability is emerging as a key consideration in the Smartphone Display Market. Manufacturers are exploring eco-friendly materials and processes to reduce their environmental impact. This trend reflects a broader societal shift towards responsible consumption and may influence purchasing decisions among environmentally conscious consumers.

Flexible Display Technologies

The development of flexible display technologies is gaining traction in the Smartphone Display Market. These innovations allow for the creation of devices with curved or foldable screens, enhancing user experience and design possibilities. As this technology matures, it could lead to new form factors and functionalities that redefine how consumers interact with their devices.

Smartphone Display Market Drivers

Growing Importance of Display Durability

In the Smartphone Display Market, the growing importance of display durability is becoming increasingly apparent. Consumers are now more aware of the need for robust displays that can withstand daily wear and tear. This awareness has led to a rise in demand for smartphones equipped with durable glass technologies, such as Gorilla Glass. As of 2025, it is anticipated that the market for durable displays will expand, as manufacturers prioritize the integration of resilient materials in their devices. This focus on durability not only enhances user satisfaction but also contributes to the overall growth of the Smartphone Display Market.

Rising Demand for Enhanced User Experience

The Smartphone Display Market is experiencing a notable surge in demand for enhanced user experiences. Consumers increasingly seek devices that offer superior visual quality, leading to a preference for high-resolution displays. This trend is evidenced by the growing adoption of OLED and AMOLED technologies, which provide vibrant colors and deeper contrasts. As of 2025, it is estimated that the market for high-resolution displays will account for a substantial portion of the overall smartphone display market, reflecting a shift towards premium devices. Manufacturers are responding by investing in advanced display technologies to meet consumer expectations, thereby driving growth in the Smartphone Display Market.

Shift Towards Eco-Friendly Display Solutions

The Smartphone Display Market is undergoing a shift towards eco-friendly display solutions, driven by rising environmental awareness among consumers. Manufacturers are increasingly adopting sustainable practices in the production of displays, such as using recyclable materials and reducing energy consumption during manufacturing. This trend is likely to resonate with environmentally conscious consumers, potentially influencing their purchasing decisions. By 2025, the market for eco-friendly displays is expected to grow, as more companies commit to sustainability initiatives. This shift not only aligns with consumer values but also positions the Smartphone Display Market favorably in a competitive landscape.

Technological Advancements in Display Technologies

Technological advancements play a pivotal role in shaping the Smartphone Display Market. Innovations such as foldable and flexible displays are gaining traction, offering new design possibilities for smartphones. These advancements not only enhance aesthetic appeal but also improve functionality, allowing for larger screens in compact devices. As of 2025, the market for flexible displays is projected to grow significantly, driven by consumer interest in innovative form factors. This evolution in display technology is likely to attract a broader audience, thereby contributing to the overall expansion of the Smartphone Display Market.

Increasing Smartphone Penetration in Emerging Markets

The Smartphone Display Market is witnessing growth fueled by increasing smartphone penetration in emerging markets. As more consumers in these regions gain access to smartphones, the demand for quality displays rises correspondingly. Reports indicate that by 2025, emerging markets could account for a considerable share of smartphone sales, with a significant portion of these devices featuring advanced display technologies. This trend suggests that manufacturers are likely to focus on producing cost-effective smartphones with high-quality displays to cater to this burgeoning consumer base, thereby propelling the Smartphone Display Market forward.

Market Segment Insights

Smartphone Display Market Type Insights

The Smartphone Display Market segmentation, based on Type, includes Capacitive and Resistive Display Screen. Capacitive segment dominated the global market in 2022. This is explained by the growing popularity of smartphones with capacitive screens.

Smartphone Display Market: Display Technology Insights

The Smartphone Display Market segmentation, based on Display Technology, includes TFT-LCD, IPS-LCD, OLED, AMOLED, and Others. OLED segment dominated the global market in 2022. The range of applications in technology like TVs, smartphones, and smart wearables is growing. The use of OLED panels in smartphones has several benefits, including extremely brilliant screens, low power consumption, and a small and lightweight design factor. The construction of new OLED and LCD panel production facilities has received significant investment and government assistance, and OLED smartphone displays are becoming more and more popular.

Smartphone Display Market Size Insights

The Smartphone Display Market segmentation, based on Size, includes 0-4 inches, 4-5 inches, 5-6 inches, and Others. 5-6 inches segment dominated the Smartphone Display Market in 2022. The preference of consumers for greater screen sizes can be credited with this.

Smartphone Display Market Resolution Insights

The Smartphone Display Market segmentation, based on Resolution, includes 720 x 1280, 1920 x 1080, and Others. 1920 x 1080 segment dominated the Smartphone Display Market in 2022. This is due to the rising demand for screens with high resolution and excellent picture quality.

Figure 1: Smartphone Display Market, by Resolution, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Get more detailed insights about Smartphone Display Market

Regional Insights

North America : Tech Innovation Leader

North America is a significant player in the smartphone display market, driven by high consumer demand for advanced technology and premium devices. The region holds approximately 30% of the global market share, making it the largest market. Regulatory support for technology innovation and sustainability initiatives further catalyzes growth. The increasing adoption of OLED and AMOLED technologies is also a key driver of market expansion. The United States and Canada are the leading countries in this region, with major companies like Samsung Display and LG Display establishing strong footholds. The competitive landscape is characterized by rapid technological advancements and a focus on high-quality displays. Partnerships and collaborations among key players are common, enhancing product offerings and market reach.

Europe : Emerging Market Dynamics

Europe is witnessing a growing demand for smartphone displays, driven by a shift towards sustainable and energy-efficient technologies. The region accounts for about 25% of the global market share, making it the second-largest market. Regulatory frameworks promoting eco-friendly practices and digital innovation are significant growth catalysts. The increasing popularity of foldable and flexible displays is also shaping market trends in this region. Germany, France, and the UK are the leading countries in the European smartphone display market. The competitive landscape features key players like BOE Technology Group and Sharp Corporation, who are investing in R&D to enhance display technologies. The presence of numerous startups focusing on innovative display solutions is also notable, contributing to a dynamic market environment.

Asia-Pacific : Manufacturing Powerhouse

Asia-Pacific is the fastest-growing region in the smartphone display market, driven by high production capacities and increasing consumer demand. The region holds approximately 35% of the global market share, making it the largest market. Factors such as rising disposable incomes, urbanization, and a growing middle class are fueling demand for smartphones and, consequently, displays. Government initiatives to boost technology manufacturing also play a crucial role in market growth. China, Japan, and South Korea are the leading countries in this region, with major players like TCL Technology and Visionox Technology dominating the market. The competitive landscape is intense, with companies focusing on innovation and cost-effective production methods. Collaborations between manufacturers and tech firms are common, enhancing the overall market dynamics.

Middle East and Africa : Emerging Market Opportunities

The Middle East and Africa region is experiencing a gradual increase in demand for smartphone displays, driven by rising smartphone penetration and digital transformation initiatives. This region holds about 10% of the global market share. Factors such as increasing internet connectivity and a young population are contributing to market growth. Regulatory support for technology adoption is also emerging as a catalyst for development in this sector. Countries like South Africa and the UAE are leading the market in this region, with a growing number of local and international players entering the smartphone display market. The competitive landscape is evolving, with companies focusing on affordable display solutions to cater to the price-sensitive consumer base. Partnerships and collaborations are becoming more common as the market matures.

Smartphone Display Market Regional Image

Key Players and Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Smartphone Display Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Smartphone Display industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Smartphone Display industry to benefit clients and increase the market sector. In recent years, the Smartphone Display industry has offered some of the most significant advantages to medicine. Major players in the Smartphone Display Market, including SAMSUNG, Japan Display Inc., Toshiba Corporation, LG Electronics Inc., Sharp Corporation, Fujitsu Ltd., Sony Corporation, Apple Inc., Motorola Inc., and Mitsubishi Electric Corporation, are attempting to increase market demand by investing in research and development Types.

Huawei Technologies Co Ltd (Huawei), a branch of Huawei Investment & Holding Co Ltd, provides the infrastructure for ICT and smart devices. The company's product portfolio also includes tablets, wearable electronics, headphones, enterprise wireless goods, enterprise optical transmission and access devices, networking gear, cloud computing solutions, and more. Additionally, it offers carrier network software and services as well as smart services for enterprises. Transportation, banking, healthcare, manufacturing, oil and gas, public safety, retail, and smart cities and grids are just a few of the industries that Huawei serves.

In addition to the Asia-Pacific region, the corporation also operates in the Americas, Africa, and Europe. Huawei's corporate headquarters are in Shenzhen, Guangdong, China. Huawei Device Co., Ltd. announced in November 2021 that the business is going to release mobile devices across Canada in order to provide customers with improved services. The automotive and telecom industries in Europe are making significant investments in the creation of loT-enabled products.

Samsung Electronics Co. Ltd. (Samsung), a division of the Samsung Group, manufactures consumer electronics, information technology, mobile communications, and device solutions. The company's product line includes digital cameras, printers, monitors, computers, network systems, refrigerators, washing machines, air conditioners, medical equipment and TVs. It also manufactures LCD and LED panels, mobile phones, tablets, smartphones, and other accessories. The government, healthcare, financial, educational, retail, hotel, and transportation industries can all profit from Samsung's solutions. The company also has operations in the Americas, Europe, Africa, and the Middle East in addition to Asia-Pacific. Samsung's headquarters are in Seoul, South Korea.

In July 2020, Samsung worked with the German Federal Office for Information Security (BSI), Deutsche Telekom Security GmbH, and Bundesdruckerei (bdr) to develop a hardware-based security architecture. The locals can use it to securely preserve their National ID as an elD on their phone. This cooperation helps the nation's eGovernment initiative.

Key Companies in the Smartphone Display Market market include

Industry Developments

  • Q2 2024: Samsung Display Begins Mass Production of Next-Gen OLED Panels for Smartphones Samsung Display announced the start of mass production for its new generation of OLED panels designed for flagship smartphones, featuring improved energy efficiency and higher brightness. The panels are expected to be used in upcoming premium devices from major smartphone brands.
  • Q2 2024: Apple Signs Multi-Year OLED Display Supply Agreement with BOE Apple confirmed a multi-year agreement with Chinese display manufacturer BOE to supply OLED panels for future iPhone models, strengthening its supply chain diversification and reducing reliance on South Korean suppliers.
  • Q3 2024: LG Display to Invest $1 Billion in New OLED Production Line for Smartphones LG Display announced a $1 billion investment to build a new OLED production line dedicated to small and medium-sized panels for smartphones, aiming to meet rising demand from global smartphone makers.
  • Q3 2024: Xiaomi Launches First Smartphone with MicroLED Display Xiaomi unveiled its latest flagship smartphone featuring a MicroLED display, marking the company's entry into next-generation display technology and challenging OLED dominance in the premium segment.
  • Q4 2024: Samsung Display Wins Major Foldable Panel Contract from Google Samsung Display secured a significant contract to supply foldable OLED panels for Google's next-generation Pixel Fold smartphone, reinforcing its leadership in the foldable display segment.
  • Q4 2024: Sony Announces New Smartphone Display Market R&D Center in Japan Sony revealed plans to open a new research and development center focused on advanced smartphone display technologies, including high-refresh-rate OLED and under-display camera integration.
  • Q1 2025: Vivo Partners with Corning to Launch Smartphone Featuring Gorilla Glass Victus 3 Display Vivo announced a partnership with Corning to launch its latest smartphone equipped with the new Gorilla Glass Victus 3, offering enhanced durability and scratch resistance for premium devices.
  • Q1 2025: Samsung Display Appoints New CEO to Lead Smartphone Display Market Business Samsung Display named a new CEO to oversee its smartphone display division, aiming to accelerate innovation and maintain its competitive edge in the global market.
  • Q2 2025: Apple Receives Regulatory Approval for New iPhone with Under-Display Face ID Apple obtained regulatory clearance for its upcoming iPhone model featuring under-display Face ID technology, marking a significant advancement in smartphone display integration.
  • Q2 2025: LG Display Signs Supply Agreement with OnePlus for Next-Gen AMOLED Panels LG Display entered into a supply agreement with OnePlus to provide next-generation AMOLED panels for the brand's upcoming flagship smartphones, expanding its customer base in the premium segment.
  • Q2 2025: Oppo Opens New Smartphone Display Market Manufacturing Facility in India Oppo inaugurated a new manufacturing facility in India dedicated to producing advanced smartphone displays, supporting its localization strategy and boosting supply chain resilience.
  • Q3 2025: Samsung Display Announces $500 Million Expansion of OLED Panel Production in Vietnam Samsung Display revealed a $500 million investment to expand its OLED panel production capacity in Vietnam, aiming to meet growing global demand for high-end smartphone displays.

Future Outlook

Smartphone Display Market Future Outlook

The Smartphone Display Market is projected to grow at an 8.1% CAGR from 2024 to 2035, driven by advancements in display technology, increasing consumer demand, and the rise of 5G smartphones.

New opportunities lie in:

  • Development of foldable and flexible display technologies for premium devices.
  • Expansion into emerging markets with affordable display solutions.
  • Partnerships with tech firms for integrated display innovations in IoT devices.

By 2035, the Smartphone Display Market is expected to achieve substantial growth and innovation.

Market Segmentation

Smartphone Display Market Size Outlook

  • 0-4 inches
  • 4-5 inches
  • 5-6 inches
  • Others

Smartphone Display Market Type Outlook

  • Capacitive
  • Resistive Display Screen

Smartphone Display Market Resolution Outlook

  • 720 x 1280
  • 1920 x 1080
  • Others

Smartphone Display Market Display Technology Outlook

  • TFT-LCD
  • IPS-LCD
  • OLED
  • AMOLED
  • Others

Report Scope

MARKET SIZE 202464.5(USD Billion)
MARKET SIZE 202569.73(USD Billion)
MARKET SIZE 2035151.96(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)8.1% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesIntegration of flexible display technologies enhances user experience in the Smartphone Display Market.
Key Market DynamicsRising demand for high-resolution displays drives innovation and competition in the smartphone display market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Aarti Dhapte
Team Lead - Research

She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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FAQs

What is the current valuation of the Smartphone Display Market in 2025?

The Smartphone Display Market is valued at 64.5 USD Billion in 2024 and is expected to grow significantly in the coming years.

What is the projected market size for the Smartphone Display Market by 2035?

The market is projected to reach approximately 151.96 USD Billion by 2035, indicating robust growth.

What is the expected CAGR for the Smartphone Display Market during the forecast period 2025 - 2035?

The expected CAGR for the Smartphone Display Market during the forecast period 2025 - 2035 is 8.1%.

Which companies are the key players in the Smartphone Display Market?

Key players in the market include Samsung Display, LG Display, BOE Technology Group, Sharp Corporation, Japan Display Inc., TCL Technology, Visionox Technology, and AU Optronics.

What are the main types of smartphone displays in the market?

The main types of smartphone displays include capacitive and resistive display screens, with capacitive displays valued at 51.6 USD Billion in 2024.

How does the display technology segment perform in the Smartphone Display Market?

In 2024, OLED displays were valued at 20.0 USD Billion, while AMOLED displays reached 10.0 USD Billion, indicating a strong preference for advanced technologies.

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