Indium Gallium Zinc Oxide Display Market: By Form, By Application, By End User, and Geography

Indium Gallium Zinc Oxide (IGZO) Display Market Size, Share, Growth, Trends, and Global Industry Analysis: By Form (Amorphous IGZO and Crystalline IGZO), By Application (Monitor, Tablet, Computers, Television, Wearable Device, and Others), By End User (Automotive, Consumer Electronics, Healthcare, and Industrial), and Region

Indium Gallium Zinc Oxide Display Market size was valued at US$ 1,822.4 million in 2023 and is expected to reach US$ 2,655.8 by 2029, growing at a 10.4% CAGR from 2024 to 2030. IGZO stands for Indium, Gallium, and Zinc Oxide, A digital semiconductor technology uses material to provide touchscreens to enable high-definition display, high-power consumption, and high touch sensitivity. This technology was developed in Japan and licensed by companies such as Sharp and Samsung. The benefits of using IGZO include low power consumption and highly defined display in TV, monitor, computers, wearable device, laptops, and others are the major factor that drives the market growth.

The rise in demand for highly sensitive and easy touch technology in smartphones, and tablets has increased owing to accelerated market growth, continuously developing high-resolution displays creates various opportunities in the IGZO display market. The high reactivity of oxygen increases susceptibility to very low voltage sensitivity resulting in operation disruption which is the major restraints in the market.  

Indium Gallium Zinc Oxide Display Market Key Developments:
  • In August 2022, Sharp Electronics Corporation Device Division (SECD) announced its new Reflective IGZO (R-IGZO) 5.0-inch Class (diagonal) display for handheld applications. The 5.0-inch R-IGZO portrait-mode display is ideal for battery-powered, handheld products that require full color and high-resolution performance in bright outdoor environments.
  • In July 2021, Green House Gaming announced a 27-inch gaming monitor with IGZO technology, which allows for lower power consumption (this panel is rated for 65 W max consumption), lower response times, and increased pixel density. The new panel features a 165 Hz refresh rate, 2560×1440 resolution, HDR, and adaptive sync support. It can also be rotated 90 degrees on its height-adjustable stand.

Indium Gallium Zinc Oxide Display Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

10.4%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific

Indium Gallium Zinc Oxide Display Market Dynamics

The increasing technological advancement in high-quality screens and images across the world is the major market driver in the IGZO Display Market during the forecast period. The high-definition display provides high-quality images on the screen which accelerates the market growth, increases modernization in the display, and raises the demand for IGZO displays over the OLED display. The emerging economics and digitalization in education, healthcare, government, buildings, and construction raise the demand for IGZO displays across the world. These factors will drive the global market growth at a significant rate.

Indium Gallium Zinc Oxide Display Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 1,822.4 million

Market CAGR

10.4%

By Forms

  • Amorphous IGZO
  • Crystalline IGZO

By Application

  • Monitor
  • Tablet
  • Computers
  • Television
  • Wearable Device
  • Others

By End User

  • Automotive
  • Consumer Electronics
  • Healthcare
  • Industrial

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies.
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.

Download Free Sample Report

Frequently Asked Questions

The indium gallium zinc oxide display market size was valued at US$ 1,822.4 million in 2023 and is expected to reach US$ 2,655.8 by 2029, growing at a 10.4% CAGR from 2024 to 2030

The leading players in the IGZO Display Market are Apple Inc., Sony Corporation, FUJITSU, Asustek Computer Inc., AU Optronics Corp, SAMSUNG, LG Electronics, Sharp Corporation, AU Optronics, and American Elements

Historic years considered for the market study are 2018 through 2022, 2022 is considered as the base year for market estimation and the forecast presented from 2023 to 2029.

Author image

Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

1.Executive Summary
2.Global Indium Gallium Zinc Oxide (IGZO) Display Market Introduction 
2.1.Global Indium Gallium Zinc Oxide (IGZO) Display Market  - Taxonomy
2.2.Global Indium Gallium Zinc Oxide (IGZO) Display Market  - Definitions
2.2.1.Forms
2.2.2.Application
2.2.3.End User
2.2.4.Region
3.Global Indium Gallium Zinc Oxide (IGZO) Display Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Indium Gallium Zinc Oxide (IGZO) Display Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Indium Gallium Zinc Oxide (IGZO) Display Market  By Forms, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Amorphous IGZO
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Crystalline IGZO
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Indium Gallium Zinc Oxide (IGZO) Display Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Monitor
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Tablet
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Computers
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Television
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Wearable Device
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Others
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
7.Global Indium Gallium Zinc Oxide (IGZO) Display Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Automotive
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Consumer Electronics
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Healthcare
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Industrial
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
8.Global Indium Gallium Zinc Oxide (IGZO) Display Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Indium Gallium Zinc Oxide (IGZO) Display Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Forms Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Amorphous IGZO
9.1.2.Crystalline IGZO
9.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Monitor
9.2.2.Tablet
9.2.3.Computers
9.2.4.Television
9.2.5.Wearable Device
9.2.6.Others
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Automotive
9.3.2.Consumer Electronics
9.3.3.Healthcare
9.3.4.Industrial
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Indium Gallium Zinc Oxide (IGZO) Display Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Forms Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Amorphous IGZO
10.1.2.Crystalline IGZO
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Monitor
10.2.2.Tablet
10.2.3.Computers
10.2.4.Television
10.2.5.Wearable Device
10.2.6.Others
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Automotive
10.3.2.Consumer Electronics
10.3.3.Healthcare
10.3.4.Industrial
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
11.Asia Pacific (APAC) Indium Gallium Zinc Oxide (IGZO) Display Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Forms Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Amorphous IGZO
11.1.2.Crystalline IGZO
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Monitor
11.2.2.Tablet
11.2.3.Computers
11.2.4.Television
11.2.5.Wearable Device
11.2.6.Others
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Automotive
11.3.2.Consumer Electronics
11.3.3.Healthcare
11.3.4.Industrial
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Indium Gallium Zinc Oxide (IGZO) Display Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Forms Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Amorphous IGZO
12.1.2.Crystalline IGZO
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Monitor
12.2.2.Tablet
12.2.3.Computers
12.2.4.Television
12.2.5.Wearable Device
12.2.6.Others
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Automotive
12.3.2.Consumer Electronics
12.3.3.Healthcare
12.3.4.Industrial
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Indium Gallium Zinc Oxide (IGZO) Display Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Forms Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Amorphous IGZO
13.1.2.Crystalline IGZO
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Monitor
13.2.2.Tablet
13.2.3.Computers
13.2.4.Television
13.2.5.Wearable Device
13.2.6.Others
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Automotive
13.3.2.Consumer Electronics
13.3.3.Healthcare
13.3.4.Industrial
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Apple Inc.
14.2.2.Sony Corporation
14.2.3.Fujitsu
14.2.4.Asustek Computer Inc
14.2.5.AU Optronics Corp
14.2.6.SAMSUNG
14.2.7.LG Electronics
14.2.8.Sharp Corporation
14.2.9.AU Optronics
14.2.10.American Elements
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Apple Inc.
  • Sony Corporation
  • Fujitsu
  • Asustek Computer Inc
  • AU Optronics Corp
  • SAMSUNG
  • LG Electronics
  • Sharp Corporation
  • AU Optronics
  • American Elements

Related Industry Reports