Aftermarket Cellphone Display Components Market - Size, Share | Industry Trend & Forecast 2024 - 2029

Aftermarket Cellphone Display Components MarketOverview

The Global Aftermarket Cellphone Display Components Market size is forecast to reach USD 66.62 billion by 2029, after growing at a CAGR of 4.74% from 2024-2029. The aftermarket cell phone display components market is experiencing growth due to a combination of consumer and industry factors. High screen damage incidence is a significant driver, as cracked or broken screens are one of the most common phone repairs, continually fueling demand for replacements. For instance, the aftermarket cell phone display components market is growing rapidly, driven by the high demand for screen repairs and replacements, which accounted for over 61% of the cell phone repair industry in 2020, according to a Square Trade survey. This high rate of screen damage fuels the need for affordable, high-quality replacement components, making aftermarket display parts an attractive solution for consumers and repair providers seeking cost-effective alternatives to OEM parts. As a result, the prevalence of device damage and the dominance of screen repairs significantly bolster the aftermarket display components market.

Report Coverage

The report “Global Aftermarket Cellphone Display Components Market – Forecast (2024-2029)”, by IndustryARC, covers an in-depth analysis of the following segments of the global aftermarket cellphone display components market.

By Type: iPhone, Galaxy, Others

By Manufacturing Technology: LED, Organic light-emitting diodes (OLED)

By Distribution Channel: Online, Offline

Key Takeaways

• The global aftermarket cell phone display components market is growing as mobile phone ownership rises, for instance, as per the International Telecommunication Union, with 73% of people aged 10 and over owning a phone in 2022. This high usage increases the likelihood of screen damage, driving demand for affordable replacement components. As consumers seek cost-effective repair options to extend device lifespan, the market for aftermarket display components expands globally.

By Type - Segment Analysis

The other segment dominated the global aftermarket cell phone display components market in 2023. Others include Google Pixel, One Plus, and Others. The impressive 52.7% growth in Google Pixel smartphone contributions, particularly in markets like Japan, underscores an increasing consumer interest in these devices. As more users adopt Google Pixel phones, the demand for aftermarket display components rises, driven by the need for replacements due to damage, wear, or user upgrades. The rise of e-commerce platforms has made it easier for consumers to access aftermarket parts for Google Pixel phones. With an excess of online retailers offering these components, customers can conveniently purchase displays, leading to increased sales in the aftermarket segment. Aftermarket display components often come at a lower price point compared to OEM parts. This price sensitivity among consumers, particularly in price-conscious markets, drives demand for affordable aftermarket displays, further expanding the market for Google Pixel parts.

By Manufacturing Technology - Segment Analysis

The OLED segment dominated the global aftermarket cellphone display components market in 2023. Growing consumer awareness about environmental sustainability is a pivotal driver for the global OLED aftermarket cell phone display components market. As more individuals recognize the environmental implications of electronic waste, there is a noticeable shift toward opting for repairs instead of replacing damaged devices. This trend is particularly prominent among smartphone users who prefer to extend the lifespan of their devices through repair solutions. The commitment to sustainability encourages consumers to seek high-quality aftermarket OLED components that provide a viable option for restoring their devices, thereby reducing waste and supporting eco-friendly practices. The fact that over 1.382 billion consumers currently use iPhones, combined with Apple shipping 95.3 million iPhones in the first half of 2024, signifies a robust market for OLED repairs. This creates a significant opportunity for aftermarket suppliers to meet the growing demand for OLED components, as more consumers turn to repair solutions that align with their sustainability goals while accommodating their need for high-quality displays.

By Distribution Channel- Segment Analysis

The offline distribution channel dominated the global aftermarket cellphone display components market in 2023. The global offline distribution channel for the aftermarket cell phone display components market remains vital, especially in regions where in-person service is valued or internet accessibility may be limited. Physical retail stores, authorized service centers, and independent repair shops continue to play a crucial role in providing aftermarket display components directly to consumers. In many markets, consumers prefer offline channels for the assurance of quality and the convenience of immediate replacement. Additionally, offline distribution benefits from trusted, local relationships between retailers and customers, fostering a preference for face-to-face transactions, particularly in emerging markets. Repair businesses across the globe source components from wholesalers and distributors who have a physical presence, ensuring consistency and availability of parts.

Drivers – Global Aftermarket Cellphone Display Components Market

• High Smartphone Penetration

High smartphone penetration serves as a key driver for the aftermarket cellphone display components market, as the growing number of smartphone users inevitably increases the demand for repairs and replacements. According to GSMA’s (Global System for Mobile Communications Association) annual State of Mobile Internet Connectivity Report 2023 (SOMIC), around 4.3 billion people worldwide, or more than half (54%) of the population, currently own a smartphone.  This vast and expanding user base has directly translated into a higher need for screen repairs, as displays are one of the most commonly damaged components. High smartphone penetration globally is a powerful driver for the aftermarket cellphone display components market. The increasing number of users, coupled with economic constraints and the high incidence of screen damage, creates a robust demand for affordable repair solutions. This dynamic is further supported by the accessibility of local repair shops and the cost-effectiveness of aftermarket components, solidifying their position as an essential part of the smartphone repair ecosystem.

• High Screen Damage Incidence 

High screen damage incidence is a significant driver for the aftermarket cellphone display components market, as screens are among the most fragile and frequently damaged parts of smartphones. Smartphones are increasingly integral to everyday life, with users handling their devices frequently, often in less-than-ideal conditions. Consequently, accidental drops, impacts, and exposure to harsh environments are common occurrences. According to the CNBC TV18 data, screen damage accounts for over 71% of mobile phone repair cases. Starting problems come in at 8%, device damage at 6%, water logging at 3%, and software, and charging at 2% apiece. high screen damage incidence is a primary driver for the aftermarket cellphone display components market. The frequency of damage, coupled with the high costs of OEM repairs and the economic constraints of many users, creates a thriving market for affordable aftermarket solutions. This demand is further supported by the widespread availability of repair shops and the growing prevalence of large, fragile smartphone screens, ensuring a steady and growing need for replacement display components. 

Challenges – Global Aftermarket Cellphone Display Components Market

• Lack of Standardization

The lack of standardization in the aftermarket cellphone display components market is a significant challenge, as it creates barriers for repair technicians, retailers, and end-users. Aftermarket components are manufactured by a variety of third-party suppliers, often with differing quality standards, specifications, and compatibility levels. This lack of uniformity complicates the repair process and undermines consumer confidence in aftermarket products. The fragmented nature of the aftermarket components market creates inconsistencies in the supply chain. Without standardization, repair shops must maintain an extensive inventory of parts to cater to a wide variety of models and specifications. This increases costs for shop owners, where a diverse range of smartphone brands and models are in use. Additionally, inconsistent labeling and packaging practices by suppliers can lead to confusion, with technicians inadvertently purchasing incompatible or low-quality components.

• Brand Repair Centers Offering Competition

The increasing presence and influence of brand repair centers offering competition is a significant challenge for the aftermarket cellphone display components market. These official service centers are backed by smartphone manufacturers and present a more reliable and trusted alternative to the informal repair ecosystem. Their growth in markets is reshaping consumer behavior and posing hurdles for the aftermarket industry in multiple ways. The growth of brand repair centers directly impacts the business of local repair shops that rely on aftermarket display components. These repair shops, which thrive on quick and low-cost services, lose customers to brand centers that offer trusted and professional solutions. As consumers become more aware of official repair options, the aftermarket market faces the challenge of maintaining its relevance and competitiveness.

Market Landscape

 In 2023, the Aftermarket Cellphone Display Components Market share has been consolidated by the top ten players accounting for 51.08% of the share. Major players in the aftermarket cellphone display components market are Samsung Display Corporation (SDC), BOE Technology Group Co., Ltd., LG Display, Tianma, AU Optronics, Innloux, Longteng Optoelectronics, Sharp, Shenchao Optoelectronics, KingWo and others.

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