LCD Monitor Market Report 2025 (Global Edition)

Global LCD Monitor Market Report 2025 Market Size Split by Type (IPS Monitor, VA Monitor, PLS Monitor, AHVA Monitor, TN Monitor), by Application (Gaming Series, Business Series, Others)

LCD Monitor Market Report Description

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Competitive Landscape of the LCD Monitor Market

The LCD marketplace is fiercely aggressive, with important players like Samsung, LG, Dell, and ASUS dominating alongside specialized manufacturers which include BenQ and ViewSonic. Emerging manufacturers like Acer and AOC also vie for market percentage. Technological innovation, product differentiation, and pricing strategies are key battlegrounds. Companies like Sony and Sharp lead in using show generation advancements, at the same time as retail channels, both online and offline, play important roles in distribution. As customer alternatives evolve and the call for better resolutions and progressive capabilities grows, competition is predicted to heighten, fostering in addition innovation and marketplace expansion

Top Companies Market Share in LCD Monitor Industry: (In no particular order of Rank)

• Dell
• HP
• Lenovo
• Asus
• Samsung
• Acer
• Microsoft
• Apple
• Alienware
• MSI
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the LCD Monitor Market

Which Region Dominates the LCD Monitor Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. In 2024, the dominance of the North American location in the LCD monitor market can be attributed to numerous key elements. Firstly, North America boasts a robust economy and excessive consumer purchasing energy, main to accelerated calls for electronic items like LCD video display units. Secondly, the location is home to numerous fundamental tech agencies and modern startups, driving technological advancements and product improvements in the display enterprise. Additionally, North America has a massive populace of tech-savvy clients who are early adopters of recent technology, in addition to fueling demand for LCD monitors.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific stands out as the fastest-growing region in the LCD Monitor market due to several compelling reasons. Firstly, fast urbanization and industrialization in international locations like China, India, and Southeast Asian countries are using accelerated demand for electronic goods, including LCD monitors. Secondly, growing disposable incomes and a burgeoning middle class in the vicinity are fueling customer spending on technology products. Moreover, producers are increasingly transferring production to Asia Pacific countries to benefit from lower manufacturing costs and access to a skilled team of workers, similarly using the market increase in the location

The current report Scope analyzes LCD Monitor Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America LCD Monitor

According to Cognitive Market Research, the global LCD Monitor market size was estimated at USD 41281.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 16512.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• In North America, the LCD monitor market reveals strong growth driven by several factors. Firstly, the vicinity's strong economy and high consumer shopping strengthen gasoline demand for digital goods like LCD video display units.
• Secondly, North America serves as a hub for technological innovation, with important tech companies constantly driving advancements in the display enterprise.
• Additionally, a massive population of tech-savvy consumers and early adopters in addition propels marketplace growth.
• Furthermore, nicely mounted distribution networks and retail channels ensure clean accessibility to LCD monitors across the location.
• Lastly, favorable government regulations and regulations facilitate alternative investment inside the electronics region, contributing to the general expansion of the North American LCD screen marketplace.
• According to Cognitive Market Research, the US had a major share in the LCD Monitor market with a market size of USD 13028.35 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period.
• The demand is amplified by the nation's technological innovation, robust consumer demand, and a diverse range of applications that propel consistent growth.
• The Canada LCD Monitor market had a market share of USD 1981.50 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period.
• Canada's robust consumer demand and a diverse range of applications to increased usage of LCD Monitor.
• The Mexico LCD Monitor market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 1502.64 million in 2024.

Europe LCD Monitor

According to Cognitive Market Research, the global LCD Monitor market size was estimated at USD 41281.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 12384.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

• In Europe, the LCD monitor market studies regularly increased prompted by numerous key factors. Firstly, the region's various and technologically advanced economies pressure calls for electronic gadgets, consisting of video display units.
• Secondly, a growing emphasis on virtual transformation throughout industries fuels the adoption of LCD video display units for professional and personal use.
• Additionally, Europe's sturdy consciousness of sustainability encourages the development and adoption of power-green display technologies.
• Moreover, increasing purchaser cognizance concerning ergonomic layout and eye care contributes to the demand for fantastic monitors.
• Furthermore, strategic partnerships among manufacturers and distributors ensure green marketplace penetration and product availability.
• Overall, Europe's combination of monetary energy, technological advancement, sustainability tasks, and purchaser preferences form the dynamics of the LCD reveal marketplace within the vicinity.
• The United Kingdom LCD Monitor market had a market share of USD 2080.57 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period.
• In the UK, LCD Monitor sales witness an upswing due to the nation's technological innovation, increasing consumer demand, and diverse application opportunities.
• The France LCD Monitor market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD 1139.36 million in 2024.
• According to Cognitive Market Research, the German LCD Monitor market size was valued at USD 2452.10 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period.
• In Germany, LCD Monitor sales surge due to the nation's technological innovation, increasing consumer demand.
• The Italy LCD Monitor market is projected to witness growth at a CAGR of 4.9% during the forecast period with a market size of USD 1065.05 million in 2024.
• The Russian LCD Monitor market is projected to witness growth at a CAGR of 4.5% during the forecast period with a market size of USD 1919.58 million in 2024.
• The Spain LCD Monitor market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 1015.52 million in 2024.
• The Luxembourg LCD Monitor market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 383.92 million in 2024.
• The Portugal LCD Monitor market is projected to witness growth at a CAGR of 5.3% during the forecast period with a market size of USD 260.07 million in 2024.
• The Greece LCD Monitor market is projected to witness growth at a CAGR of 5.8% during the forecast period with a market size of USD 148.61 million in 2024.
• Rest of Europe's LCD Monitor market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 1919.58 million in 2024. 

Asia Pacific LCD Monitor

According to Cognitive Market Research, the global LCD Monitor market size was estimated at USD 41281.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 9494.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

• In the Asia Pacific region, the LCD reveals marketplace witnesses speedy expansion pushed through numerous vast factors.
• Firstly, the place's populous countries like China and India, coupled with growing urbanization and disposable incomes, propel the call for client electronics, inclusive of video display units.
• Secondly, the presence of leading production hubs and technological innovation centers fosters the improvement of contemporary show technology and drives competitive pricing.
• Additionally, the increasing adoption of digitalization across numerous sectors, in addition, boosts the call for monitors for both expert and private use.
• Moreover, strategic partnerships and investments in infrastructure facilitate efficient distribution channels, ensuring tremendous accessibility of LCD monitors throughout the region.
• Overall, Asia Pacific's dynamic monetary landscape and technological advancements function as a key growth driver within the global LCD screen marketplace.
• According to Cognitive Market Research, the China LCD Monitor market size was valued at USD 4272.60 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period.
• LCD Monitor sales surged in China due to the nation's technological innovation, increasing consumer demand, and a burgeoning electronics market.
• The Japan LCD Monitor market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 1310.27 million in 2024.
• The India LCD Monitor market had a market share of USD 1139.36 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period.
• The demand is augmented by India's rapid urbanization, increasing disposable income.
• The South Korea LCD Monitor market is projected to witness growth at a CAGR of 8.1% during the forecast period with a market size of USD 949.47 million in 2024.
• The Australia LCD Monitor market is projected to witness growth at a CAGR of 8.7% during the forecast period with a market size of USD 493.72 million in 2024.
• The South East Asia LCD Monitor market is projected to witness growth at a CAGR of 10.0% during the forecast period with a market size of USD 655.13 million in 2024.
• The Rest of the Asia Pacific LCD Monitor market is projected to witness growth at a CAGR of 8.8% during the forecast period with a market size of USD 674.12 million in 2024. 

South America LCD Monitor

According to Cognitive Market Research, the global LCD Monitor market size was estimated at USD 41281.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 2064.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

• In Latin America, the LCD monitor market studies tremendous increase inspired by the aid of numerous key elements.
• Firstly, financial improvement and rising disposable incomes in international locations like Brazil, Mexico, and Argentina drive purchaser spending on digital devices, along with monitors.
• The increasing digitalization throughout various industries and the proliferation of far-off work and online schooling gas demand for monitors for professional and personal use.
• Additionally, partnerships among manufacturers and nearby vendors make certain green market penetration and availability of products.
• Moreover, government projects geared toward promoting generation adoption and infrastructure development contribute to the market boom.
• Furthermore, the developing recognition of gaming and enjoyment drives the call for high-overall performance monitors.
• Overall, Latin America's evolving economic panorama and virtual transformation initiatives shape the dynamics of the LCD screen market within the vicinity.
• According to Cognitive Market Research, the Brazil LCD Monitor market size was valued at USD 883.42 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period.
• LCD Monitor sales flourish in Brazil due to the nation's favorable market conditions and increasing consumer demand for portable multimedia solutions.
• The Argentina LCD Monitor market had a market share of USD 346.76 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period.
• The demand is augmented by Argentina's increasing consumer demand for portable multimedia solutions.
• The Colombia LCD Monitor market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 183.70 million in 2024.
• The Peru LCD Monitor market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 169.25 million in 2024.
• The Chile LCD Monitor market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 148.61 million in 2024.
• The Rest of Latin America LCD Monitor market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 332.31 million in 2024. 

Middle East LCD Monitor

According to Cognitive Market Research, the global LCD Monitor market size was estimated at USD 41281.2 Million out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 825.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.

• In the Middle East & Africa (MEA) region, the LCD monitor market shows promising growth driven by several key factors.
• Firstly, rapid urbanization and economic development in countries like the United Arab Emirates, Saudi Arabia, and South Africa drive the demand for consumer electronics, including monitors.
• Secondly, the increasing adoption of digital technologies across various sectors, such as healthcare, education, and finance, fuels the demand for monitors for professional and personal use.
• Additionally, government initiatives aimed at promoting technology adoption and digital transformation contribute to market growth.
• Moreover, partnerships between manufacturers and local distributors ensure efficient market penetration and availability of products.
• Furthermore, the rising popularity of gaming and entertainment drives demand for high-performance monitors.
• Overall, MEA's evolving economic landscape and digitalization efforts shape the dynamics of the LCD monitor market in the region.
• The GCC Countries LCD Monitor market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 353.37 million in 2024.
• LCD Monitor sales flourish due to the region's favorable market conditions and increasing consumer demand for portable multimedia solutions.
• The Egypt LCD Monitor market is projected to witness growth at a CAGR of 7.0% during the forecast period with a market size of USD 86.69 million in 2024.
• The South Africa LCD Monitor market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 130.45 million in 2024.
• LCD Monitor sales flourish in South Africa due to the region's favorable market conditions and increasing consumer demand for portable multimedia solutions.
• The Turkey LCD Monitor market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 71.00 million in 2024.
• The Nigeria LCD Monitor market is projected to witness growth at a CAGR of 5.8% during the forecast period with a market size of USD 86.69 million in 2024.
• The Rest of the MEA LCD Monitor market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 97.42 million in 2024. 

LCD Monitor Market Analysis

LCD Monitor Market Type Segment Analysis

According to Cognitive Market Research, IPS Monitor Type stands out as the dominating category due to their superior shade accuracy, wider viewing angles, and better normal photograph high-quality as compared to other panel types like Vertical Alignment (VA), Plane-to-Line Switching (PLS), Advanced Hyper-Viewing Angle (AHVA), and Twisted Nematic (TN) video display units. IPS panels are desired by specialists, gamers, and multimedia fanatics who prioritize color accuracy and viewing reveal-in. Additionally, improvements in the IPS era have led to aggressive pricing, making IPS video display units greater available to a broader range of consumers. As a result, IPS monitors are dominating the market, with their combination of overall performance and affordability appealing to a wide array of customers, driving their persistent dominance within the LCD segment.

VA Monitor Type emerges as the fastest-growing category in the LCD Monitor market. VA panels offer stability in fee and performance, appealing to customers seeking excellent photograph quality without the top-class price of IPS presentations. Their advanced assessment ratios and deep blacks lead them to be perfect for multimedia consumption and gaming. Additionally, VA monitors frequently characterized quicker reaction times as compared to IPS panels, catering to gamers who prioritize easy motion coping. With advancements in VA panel generation, which include advanced viewing angles and coloration accuracy, at the side of competitive pricing, VA monitors have secured a significant percentage inside the market, mainly amongst users searching out top-notch displays at an inexpensive fee.

• IPS Monitor
• VA Monitor
• PLS Monitor
• AHVA Monitor
• TN Monitor

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of LCD Monitor Industry. Request a Free Sample PDF!

LCD Monitor Market Application Segment Analysis

According to Cognitive Market Research, the dominating category is Gaming Series. This dominance can be attributed to the swiftly developing gaming industry and the growing call for excessive-performance presentations amongst gamers. Gaming monitors commonly provide features inclusive of high refresh fees, low response times, and adaptive sync technology, catering to the particular needs of gamers for easy and immersive gaming stories. Additionally, the rise of esports and competitive gaming has further boosted the call for gaming video display units. As a result, manufacturers have been specializing in growing and advertising and marketing an extensive range of gaming-unique monitors, mainly to the gaming series segment's dominance in the LCD screen market.

The fastest-growing category in the LCD Monitor market is the Business Series. Firstly, there is a growing fashion closer to remote work and digitalization throughout industries, driving improved demand for tremendous monitors appropriate for professional use. Business Series monitors often offer capabilities like ergonomic designs, superior connectivity options, and eye-care technologies, catering to the needs of professionals who spend lengthy hours in front of displays. Additionally, as organizations upgrade their IT infrastructure and invest in productivity tools, there's a growing need for dependable and efficient displays to support these initiatives. The emphasis on productivity, consolation, and capability makes Business Series monitor an increasing number of popular enterprises, leading to their speedy growth within the market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

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