Cathode-Ray
Tube Display Market is anticipated to grow at a higher CAGR in the
forthcoming period. A cathode ray tube is a medium that interprets electrical
phenomena of an image projected on a phosphorescent screen by a sharp focused
beam of electrons being controlled by intensity of electrical signals. The
picture observed on the phosphorescent screen is called the display, indication
or presentation and the tube itself is referred as indicator, indicator tube,
display tube, CRT or scope.
Driving factors responsible for the growth of cathode-ray
tube industry includes rise in consumer demand coupled with constant upgrade in
display technology. However, market restraints such as use of LCD and LED
displays which are used as suitable alternatives for CRTs, are likely to hinder
the growth of cathode ray tube display industry.
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Based on segmentation by type,
the cathode-ray tube display market includes curved screen and flat screen.
Segmentation based on end-use, the cathode-ray tube display industry includes
automotive, electronics and consumer goods. Geographically, cathode-ray tube
display market spans North America, South America, Europe, Asia-Pacific,
Middle-East and Africa. North America and Europe Market is anticipated to grow
at a higher CAGR in the forthcoming period owing to presence of big players in
these regions. Also, a higher revenue growth triggered out of import and export
business for CRT display contributes to the growth of cathode-ray tube
industry.
APAC and MEA market is
expected to gain a significant share in the global market scenario due to rise
in manufacturing units doubly coupled with increase in target sales and user
demand. Economies in APAC region such as India, China, Korea, Taiwan and Japan
are leading the global market due to the presence of large consumer base and
consumer demand for computers and laptops. The key players in the cathode-ray
tube display market include Toshiba, Panasonic, Philips, Sony and Dell.
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