Research Report on Southeast Asia Display Panel Manufacturing Industry 2023-2032

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At present, the development of display panel manufacturing industry in Southeast Asian countries differs greatly. According to CRI analysis, Vietnam display panel manufacturing industry has been more mature, Samsung, LG and Foxconn and other companies are set up in Vietnam to produce various types of electronic devices display panel factory.

Description

Display panels are used to display images and colors and are an important component of cell phone parts. At present, the development of display panel manufacturing industry in Southeast Asian countries differs greatly. According to CRI analysis, Vietnam display panel manufacturing industry has been more mature, Samsung, LG and Foxconn and other companies are set up in Vietnam to produce various types of electronic devices display panel factory.

Southeast Asia in this report includes 10 countries: Singapore, Thailand, Philippines, Malaysia, Indonesia, Vietnam, Myanmar, Brunei, Laos and Cambodia. With a total population of over 600 million by the end of 2021, Southeast Asia has an overall economic growth rate higher than the global average and is one of the key drivers of future global economic growth.

According to CRI’s analysis, the economic levels of the 10 Southeast Asian countries vary greatly, with Singapore being the only developed country with a per capita GDP of about US$73,000 in 2021. While Myanmar and Cambodia will have a GDP per capita of less than US$2,000 in 2021. The population and minimum wage levels also vary greatly from country to country, with Brunei, which has the smallest population, having a total population of less than 500,000 people in 2021, and Indonesia, which has the largest population, having a population of about 275 million people in 2021. The most economically advanced countries in Southeast Asia do not have a legal minimum wage, with the actual minimum wage exceeding US$400 per month (for foreign maids), while the lowest minimum wage level in Myanmar is only about US$93 per month.

Due to the relatively low cost of manufacturing in Southeast Asia, more and more electronics manufacturers are setting up factories in Vietnam, and the demand for display panels is rising. Many investors are interested in setting up panel manufacturing companies in Southeast Asia.

On the other hand, Southeast Asia is gradually becoming an important consumer market. With the development of mobile Internet and e-commerce in Southeast Asian countries, the smartphone penetration rate is also gradually growing. Take Vietnam as an example, the sales of cell phones in Vietnam are gradually increasing, and in 2021, the sales of smartphones in Vietnam reached 15.9 million units, an increase of 11.9% year-on-year. In addition, the export value of Vietnam’s electronic equipment has been growing year after year. In 2021, the export value of Vietnam’s cell phones and components will reach US$57.54 billion, up 12.4% year on year. The high potential market and huge exports also drive the manufacturing of electronic equipment parts in Southeast Asia.

Overall, according to CRI forecast, the size of Southeast Asia display panel manufacturing industry will maintain growth from 2023-2032. On the one hand, the abundant labor resources and low production costs in Southeast Asian countries attract global display panel manufacturers to transfer production capacity to the Southeast Asian region. On the other hand, the economic growth of Southeast Asian countries, the improvement of the living standard of residents, the growth of demand for smart phones, color TVs and other electronic products will also promote the development of its display panel manufacturing industry.

Topics covered:

  • Southeast Asia Display Panel Manufacturing Industry Status and Major Sources in 2018-2022 
  • What is the Impact of COVID-19 on Southeast Asia Display Panel Manufacturing Industry?
  • Which Companies are the Major Players in Southeast Asia Display Panel Manufacturing Industry Market and What are their Competitive Benchmarks?
  • Key Drivers and Market Opportunities in Southeast Asia Display Panel Manufacturing Industry
  • What are the Key Drivers, Challenges, and Opportunities for Southeast Asia Display Panel Manufacturing Industry during 2023-2032?
  • What is the Expected Revenue of Southeast Asia Display Panel Manufacturing Industry during 2023-2032?
  • What are the Strategies Adopted by the Key Players in the Market to Increase Their Market Share in the Industry?
  • What are the Competitive Advantages of the Major Players in Southeast Asia Display Panel Manufacturing Industry Market?
  • Which Segment of Southeast Asia Display Panel Manufacturing Industry is Expected to Dominate the Market in 2032?
  • What are the Major Adverse Factors Facing Southeast Asia Display Panel Manufacturing Industry?

Table of Contents

1 Singapore Display Panel Manufacturing Industry Analysis

1.1 Singapore Display Panel Manufacturing Industry Development Environment

1.1.1 Geography 

1.1.2 Population 

1.1.3 Economy 

1.1.4 Singapore Manufacturing Minimum Wage

1.2 Singapore Display Panel Manufacturing Industry Operation 2018-2022

1.2.1 Singapore Display Panel Production Status

1.2.2 Singapore Display Panel Sales Status

1.2.3 Singapore Display Panel Import and Export Status 

1.3 Singapore Major Display Panel Manufacturing Enterprise Analysis

 

2 Thailand Display Panel Manufacturing Industry Analysis

2.1 Development Environment of Thailand Display Panel Manufacturing Industry

2.1.1 Geography 

2.1.2 Population 

2.1.3 Economy

2.1.4 Thailand Manufacturing Minimum Wage

2.2 Thailand Display Panel Manufacturing Industry Operation 2018-2022

2.2.1 Thailand Display Panel Production Status 

2.2.2 Thailand Display Panel Sales Status

2.2.3 Thailand Display Panel Import and Export Status

2.3 Major Display Panel Manufacturing Companies in Thailand

 

3 Philippine Display Panel Manufacturing Industry Analysis

3.1 Development Environment of Display Panel Manufacturing Industry in the Philippines

3.1.1 Geography

3.1.2 Population 

3.1.3 Economy 

3.1.4 Philippines Manufacturing Minimum Wage

3.2 Philippines Display Panel Manufacturing Industry Operation 2018-2022

3.2.1 Philippines Display Panel Production Status

3.2.2 Philippines Display Panel Sales Status

3.2.3 Philippines Display Panel Import and Export Status

3.3 Major Display Panel Manufacturing Companies in Philippines

 

4 Malaysia Display Panel Manufacturing Industry Analysis

4.1 Malaysia Display Panel Manufacturing Industry Development Environment

4.1.1 Geography 

4.1.2 Population 

4.1.3 Economy 

4.1.4 Malaysia Manufacturing Minimum Wage

4.2 Malaysia Display Panel Manufacturing Industry Operation 2018-2022

4.2.1 Malaysia Display Panel Production Status 

4.2.2 Malaysia Display Panel Sales Status

4.2.3 Malaysia Display Panel Import and Export Status

4.3 Malaysia Major Display Panel Manufacturing Companies

 

5 Indonesia Display Panel Manufacturing Industry Analysis

5.1 Indonesia Display Panel Manufacturing Industry Development Environment

5.1.1 Geography 

5.1.2 Population 

5.1.3 Economy 

5.1.4 Indonesia Manufacturing Minimum Wage

5.2 Indonesia Display Panel Manufacturing Industry Operation 2018-2022

5.2.1 Indonesia Display Panel Production Status

5.2.2 Indonesia Display Panel Sales Status

5.2.3 Indonesia Display Panel Import and Export Status

5.3 Major Display Panel Manufacturing Companies in Indonesia 

 

6 Vietnam Display Panel Manufacturing Industry Analysis

6.1 Development Environment of Vietnam Display Panel Manufacturing Industry

6.1.1 Geography 

6.1.2 Population 

6.1.3 Economy 

6.1.4 Vietnam Manufacturing Minimum Wage

6.2 Vietnam Display Panel Manufacturing Industry Operation 2018-2022

6.2.1 Vietnam Display Panel Production Situation

6.2.2 Vietnam Display Panel Sales Status

6.2.3 Vietnam Display Panel Import and Export Status

6.3 Major Display Panel Manufacturing Enterprises in Vietnam

 

7 Myanmar Display Panel Manufacturing Industry Analysis

7.1 Development Environment of Myanmar Display Panel Manufacturing Industry

7.1.1 Geography 

7.1.2 Population 

7.1.3 Economy 

7.1.4 Myanmar Manufacturing Minimum Wage

7.2 Myanmar Display Panel Manufacturing Industry Operation 2018-2022

7.2.1 Myanmar Display Panel Production Status

7.2.2 Myanmar Display Panel Sales Status

7.2.3 Myanmar Display Panel Import and Export Status

7.3 Myanmar Major Display Panel Manufacturing Companies

 

8 Brunei Display Panel Manufacturing Industry Analysis

8.1 Brunei Display Panel Manufacturing Industry Development Environment

8.1.1 Geography 

8.1.2 Population

8.1.3 Economy 

8.1.4 Brunei Manufacturing Minimum Wage

8.2 Brunei Display Panel Manufacturing Industry Operation 2018-2022

8.2.1 Brunei Display Panel Production Status

8.2.2 Brunei Display Panel Sales Status

8.2.3 Brunei Display Panel Import and Export Status

8.3 Brunei Major Manufacturing Enterprises

 

9 Laos Display Panel Manufacturing Industry Analysis

9.1 Development Environment of Laos Display Panel Manufacturing Industry

9.1.1 Geography 

9.1.2 Population 

9.1.3 Economy 

9.1.4 Minimum Wage of Laos Manufacturing Industry

9.2 Laos Display Panel Manufacturing Industry Operation 2018-2022

9.2.1 Laos Display Panel Production Status 

9.2.2 Laos Display Panel Sales Status

9.2.3 Laos Display Panel Import and Export Status

9.3 Laos Major Display Panel Manufacturing Companies

 

10 Cambodia Display Panel Manufacturing Industry Analysis

10.1 Development Environment of Cambodia Display Panel Manufacturing Industry

10.1.1 Geography 

10.1.2 Population 

10.1.3 Economy 

10.1.4 Minimum Wage of Cambodia’s Manufacturing Industry

10.2 Cambodia Display Panel Manufacturing Industry Operation 2018-2022

10.2.1 Cambodia Display Panel Production Status

10.2.2 Cambodia Display Panel Sales Status

10.2.3 Cambodia Display Panel Import and Export Status

10.3 Major Display Panel Manufacturing Companies in Cambodia

 

11 Southeast Asia Display Panel Manufacturing Industry Outlook 2023-2032

11.1 Southeast Asia Display Panel Manufacturing Industry Development Impact Factors Analysis 

11.1.1 Favorable Factors

11.1.2 Unfavorable Factors

11.2 Supply Forecast of Southeast Asia Display Panel Manufacturing Industry 2023-2032

11.3 Southeast Asia Display Panel Manufacturing Market Demand Forecast 2023-2032

11.4 Impact of COVID -19 Epidemic on Display Panel Manufacturing Industry

Additional information

Publisher

Geography Covered

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Date Published

Pages

Charts

Format

Base Year

2023

Base Market Size

12.7

Currency

thousand tires(China's commercial vehicle tire export volume)

Forecast Year

2032

Market Size Forecast

26.9

CAGR

8.7%

Companies Mentioned

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