Phosphor Screen Market Size

Phosphor Screen Market size was valued at USD 237.59 Billion in 2023 and is projected to reach USD 362.35 Billion by the end of 2036, registering around 3.3% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of phosphor screen is assessed at USD 244.65 Billion. The growth of the market can be attributed to the rising demand for phosphor screens in various industries such as electronics and healthcare. The increasing requirement and manufacture of electronic devices and other consumer electronics that display images with the help of phosphor screens are expected to expand the market size in the coming years. For instance, The global television market fell to around 520 million units in 2022, however the volume will rise again and surpass around 630 million units by 2027.

Phosphor screens find use in multiple applications such as televisions, oscilloscopes, X-ray machines, radiology devices, and body scanners. Additionally, the growing demand for these products, along with the upsurge in the use of intraoral phosphor screen scanners in veterinary healthcare is predicted to propel the global phosphor screen market. According to the statistics by the International Trade Center (ITC), the value of imports of oscilloscopes globally increased from USD 818399 Thousand in the year 2017 to USD 1072154 Thousand in the year 2021.