Report: China to dominate Display production
August 29, 2025
By Chris Forrester
The current Trump rules on imports and tariffs from China might alter the forecasts but Counterpoint Research says that China’s share of the global display market will grow to 75 per cent by 2028.
Counterpoint’s report says that China is still expected to dominate display capacity, growing from a 68 per cent share in 2023 to 75 per cent in 2028. China’s capacity is expected to grow at a 4 per cent CAGR from 2023 to 2028.
South Korea’s share, despite output from LG and Samsung, is expected to fall from 9 per cent in 2023 to 8 per cent in 2028, on a 0.6 per cent CAGR.
Taiwan’s capacity is also expected to fall at a -2.3 per cent CAGR from 2023 to 2028, with its share falling from 19 per cent in 2023 to 16 per cent in 2028.
Japan’s share is expected to fall from 4 per cent in 2023 to 1 per cent in 2028 due to Sharp’s closure of SDP G10 and Sakai G4.5 OLED in Q3 2024, JDI Tottori LCD in Q2 2025 and Mobara LCD in Q2 2026, on a -21.3 per cent CAGR from 2023 to 2028.
India, says Counterpoint, is expected to delay the investment until after 2028, with operations expected to begin in 2030.
The report includes all of Counterpoint’s content on OLED, LCD and Micro-OLED fab schedules, OLED and LCD capacity, LCD, OLED and Micro-OLED equipment market sizes, and market shares and forecasts for 80 different segments.
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