Display Component Market Outlook:
Display Component Market size was over USD 341.82 billion in 2025 and is poised to exceed USD 496.33 billion by 2035, witnessing over 3.8% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of display component is evaluated at USD 353.51 billion.
The primary factor driving the market's expansion is the rising demand for smartphones around the globe. Approximately 1.39 billion smartphones were sold globally in 2022, according to smartphone vendors Furthermore, the necessity for sophisticated portable devices and the quick improvements in cellular network technology have contributed to the recent spike in smartphone ownership.
In addition, the recent trends in the width of these displays getting thinner, the rising popularity of flat-panel displays, and the increase in television unit sales globally, and these factors are all anticipated to fuel market expansion. In addition, throughout the projected period, the growing use of screens in various medical equipment is anticipated to bolster market expansion.
