lcd panel market share 2017 brands
In 2019 and 2020, BOE was the leading manufacturer in the monitor display panel market, holding 25 and 26 percent of the market, respectively. LG Display, the South Korean panel maker, ranked second, with a 21 percent share. The market share of another South Korean company, Samsung Display, was forecast to drop to one percent in 2021.Read moreMonitor display panel market share worldwide from 2019 to 2021, by supplierCharacteristicLGDBOESDCINXAUOCECCSOTHKC---------
TrendForce. (January 11, 2021). Monitor display panel market share worldwide from 2019 to 2021, by supplier [Graph]. In Statista. Retrieved December 22, 2022, from https://www.statista.com/statistics/1124858/global-display-panel-vendor-monitor/
TrendForce. "Monitor display panel market share worldwide from 2019 to 2021, by supplier." Chart. January 11, 2021. Statista. Accessed December 22, 2022. https://www.statista.com/statistics/1124858/global-display-panel-vendor-monitor/
TrendForce. (2021). Monitor display panel market share worldwide from 2019 to 2021, by supplier. Statista. Statista Inc.. Accessed: December 22, 2022. https://www.statista.com/statistics/1124858/global-display-panel-vendor-monitor/
TrendForce. "Monitor Display Panel Market Share Worldwide from 2019 to 2021, by Supplier." Statista, Statista Inc., 11 Jan 2021, https://www.statista.com/statistics/1124858/global-display-panel-vendor-monitor/
TrendForce, Monitor display panel market share worldwide from 2019 to 2021, by supplier Statista, https://www.statista.com/statistics/1124858/global-display-panel-vendor-monitor/ (last visited December 22, 2022)
This statistic shows the TFT LCD automotive display panel market share worldwide in 2017, by supplier. Japan Display lead the automotive display panel market in 2017, with a market share of 17.9 percent.Read moreTFT LCD automotive display panel market share worldwide in 2017, by brandCharacteristicMarket share--
IHS Markit. (April 4, 2018). TFT LCD automotive display panel market share worldwide in 2017, by brand [Graph]. In Statista. Retrieved December 22, 2022, from https://www.statista.com/statistics/929819/worldwide-automotive-display-panel-market-share-supplier/
IHS Markit. "TFT LCD automotive display panel market share worldwide in 2017, by brand." Chart. April 4, 2018. Statista. Accessed December 22, 2022. https://www.statista.com/statistics/929819/worldwide-automotive-display-panel-market-share-supplier/
IHS Markit. (2018). TFT LCD automotive display panel market share worldwide in 2017, by brand. Statista. Statista Inc.. Accessed: December 22, 2022. https://www.statista.com/statistics/929819/worldwide-automotive-display-panel-market-share-supplier/
IHS Markit. "Tft Lcd Automotive Display Panel Market Share Worldwide in 2017, by Brand." Statista, Statista Inc., 4 Apr 2018, https://www.statista.com/statistics/929819/worldwide-automotive-display-panel-market-share-supplier/
IHS Markit, TFT LCD automotive display panel market share worldwide in 2017, by brand Statista, https://www.statista.com/statistics/929819/worldwide-automotive-display-panel-market-share-supplier/ (last visited December 22, 2022)
LCD TV Panel Market is 2022 Research Report on Global professional and comprehensive report on the LCD TV Panel Market. The report monitors the key trends and market drivers in the current scenario and offers on the ground insights. Top Key Players are – Samsung Display, LG Display, Innolux Crop., AUO, CSOT, BOE, Sharp, Panasonic, CEC-Panda.
Global “LCD TV Panel Market” (2022-2028) the report additionally centers around worldwide significant makers of the LCD TV Panel market with important data, such as, company profiles, segmentation information, challenges and limitations, driving factors, value, cost, income and contact data. Upstream primitive materials and hardware, coupled with downstream request examination is likewise completed. The Global LCD TV Panel market improvement patterns and marketing channels are breaking down. In conclusion, the attainability of new speculation ventures is surveyed and in general, the research ends advertised.
Global LCD TV Panel Market Report 2022 is spread across 117 pages and provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.
The information for each competitor includes – Company Profile, Main Business Information, SWOT Analysis, Sales, Revenue, Price and Gross Margin, Market Share.
LCD displays utilize two sheets of polarizing material with a liquid crystal solution between them. An electric current passed through the liquid causes the crystals to align so that light cannot pass through them. Each crystal, therefore, is like a shutter, either allowing light to pass through or blocking the light. LCD panel is the key components of LCD display. And the price trends of LCD panel directly affect the price of liquid crystal displays. LCD panel consists of several components: Glass substrate, drive electronics, polarizers, color filters etc. Only LCD panel applied for TV will be counted in this report.
Due to the COVID-19 pandemic, the global LCD TV Panel market size is estimated to be worth USD 53490 million in 2021 and is forecast to a readjusted size of USD 53490 million by 2028 with a CAGR of 2.2% during the review period. Fully considering the economic change by this health crisis, by Size accounting for (%) of the LCD TV Panel global market in 2021, is projected to value USD million by 2028, growing at a revised (%) CAGR in the post-COVID-19 period. While by Size segment is altered to an (%) CAGR throughout this forecast period.
Global LCD TV Panel key players include Samsung Display, LG Display, Innolux Crop, AUO, CSOT, etc. Global top five manufacturers hold a share over 80%.
The global LCD TV Panel market is segmented by company, region (country), by Size and by Application. Players, stakeholders, and other participants in the global LCD TV Panel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Size and by Application for the period 2017-2028.
Global LCD TV Panel market analysis and market size information is provided by regions (countries). Segment by Application, the LCD TV Panel market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report includes region-wise LCD TV Panel market forecast period from history 2017-2028. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2017-2028.
The report introduced the LCD TV Panel basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
LCD TV Panel market size competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2017-2021. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2017-2021. Details included are company description, major business, company total revenue and the sales, revenue generated in LCD TV Panel business, the date to enter into the LCD TV Panel market, LCD TV Panel product introduction, recent developments, etc.
The report offers detailed coverage of LCD TV Panel industry and main market trends with impact of coronavirus. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading LCD TV Panel by geography. The report splits the market size, by volume and value, on the basis of application type and geography. Report covers the present status and the future prospects of the global LCD TV Panel market for 2017-2028.
Global LCD TV Panel Market report forecast to 2028 is a professional and comprehensive research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).
The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food and beverage industry is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. China is the global manufacturing hub, with the presence of and the largest raw material suppliers. The overall market breaks down due to COVID-19 is also affecting the growth of thebaconmarket due to shutting down of factories, obstacle in supply chain, and downturn in world economy.
To Know How COVID-19 Pandemic Will Impact LCD TV Panel Market/Industry- Request a sample copy of the report-https://www.researchreportsworld.com/enquiry/request-covid19/21019731
The report offers exhaustive assessment of different region-wise and country-wise LCD TV Panel market such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2017-2028, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global LCD TV Panel market. For the period 2017-2021, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.
What are the market opportunities and threats faced by the vendors in the global LCD TV Panel market? What industrial trends, drivers, and challenges are manipulating its growth?
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.
With tables and figures helping analyze worldwide Global LCD TV Panel market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Research Reports World – is the credible source for gaining the market reports that will provide you with the lead your business needs. At Research Reports World, our objective is providing a platform for many top-notch market research firms worldwide to publish their research reports, as well as helping the decision makers in finding most suitable market research solutions under one roof. Our aim is to provide the best solution that matches the exact customer requirements. This drives us to provide you with custom or syndicated research reports.
The Liquid Crystal Display (LCD)-enabled electronic devices, such as television, mobile phones and others, is creating potential opportunities for the LCD panel market. In the past couple of years, LCD panels have gained popularity owing to their advanced properties that include less power consumption, compact size and low price.
Moreover, over the past two decades, the LCD technology of has made impressive progress. The electronic displays available at present make use of a wide variety of active LCD panels. The LCD panel market is one of the significantly growing markets due to the increasing demand for LCD displays & low power consumption electronic goods, as well as increase in the demand for touch-enabled displays.
An LCD panel is designed to project on-screen information. At present, LCD panels are suited with high-mobility electronic equipment. LCDs with improved video quality are gaining momentum in all developed and developing economies. These factors are projected to propel the global LCD panel market.
The major growth drivers of the LCD panel market include an increase in the demand for energy-efficient electronic products as well as for larger and 4K televisions. Furthermore, growth in the demand for energy-efficient electronic devices is surging the global LCD panel market.
Demand for high-quality screens, coupled with improving standards of living and inflating disposable income, are among key factors boosting the LCD Panel market. In addition, increase in the adoption of consumer electronic devices is projected to drive the global LCD panel market.
However, one of the major challenges of the LCD panel market are the higher cost and thickness of the display of these devices as compared to other modules. The LCD panel market is expected to witness sluggish and unpredictable growth owing to a quantitative decline in the number of LCD displays.
Moreover, financial uncertainty and macroeconomic situations around the world, such as fluctuating currency exchange rates and economic difficulties, are some of the major factors hindering the growth of the LCD panel market. However, increased competition from alternative technologies and LCD panel complex structure is likely to limit the growth of the LCD panel market.
At present, North America holds the largest market share for the LCD panel market due an increase in the demand for consumer electronic devices. Due to the presence of key LCD panel manufacturers in China and Japan, Asia Pacific is expected to become the prominent region for the LCD panel market.
In addition, the unorganized market of LCD panels in China, Japan and India is creating a competitive environment for global LCD panel manufacturers. Moreover, Europe is the fastest-growing market for LCD panels due to an increase in the adoption of consumer electronics devices. The demand for LCD panels has risen dramatically over the past 12 months globally. The usage of LCD displays in various industries in these regions is boosting the LCD panel market.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Due to an increase in the demand for large LCD displays, the large size LCD panel sub-segment is expected to register double-digit growth rate in the global market. In addition, due to an increase in the demand for portable electronic devices, the small size LCD panel sub-segment is projected to be the most attractive market sub-segment of the global LCD panel market.
The smart phones and tablets sub-segment held the largest market share for the LDC panel market in 2017, and the wearable devices sub-segment is expected to grow with a high CAGR during the forecast period.
LCD Touch Panel market is increasing due to the increasing investments of large companies such as Microsoft and Samsung in LCD Touch Panel market. The market for LCD Touch Panel is increasingly adopted due to change in the mindsets of customers to interact with devices.
These LCD Touch Panel are also been used by many companies in their products to enhance the look of their product offering. Various companies in medical sector, consumer retailing sector, industrial sector, and security and home automation sector are gradually adopting these LCD Touch Panel for improving their product offerings.
In LCD Touch Panel technology there are various types of touch panels used such as resistive and capacitive and generally used in smartphones and tablet PCs and uses sensor technology through TFT-array processing experience and low-resistance material selection without using conductive films.
The major factor driving the adoption of LCD Touch Panel is the increasing industrial usage and implementation of LCD Touch Panel in products. For instance, adjusting washing machine, or buying a ticket can be comfortably done through finger on device so LCD Touch Panel are demanded.
This has also encouraged LCD Touch Panel manufacturers to work on development of LCD Touch Panel based products for customers. Moreover, 5 wire LCD Touch Panel type is being deployed in large number due to its lower cost in comparison to others and better performance.
The key challenge for LCD Touch Panel market is the limitation with the touch. These LCD Touch Panel are used for making devices touchscreen which sometimes creates problem while using stylus or fingernail, the touch screen does not respond to that touch. Moreover, these LCD Touch Panel based products are very delicate and faces issues such as screen problems, and easy break down of screen. However, with the development of other new technologies these problems are being solved up to a limit.
In July 2015, LG Display, an electronics company has launched slim in-cell touch LCD panels primarily for notebook market and tablest. This includes AIT technology, which reduced the thickness of the display panel by integrating the TFT LCD and touchscreen layers into a single unit, rather than stacking the two on top of one another
Presently, North America and Europe is holding the largest market share for LCD Touch Panel market due to presence of large manufacturers and other solution market players in these region. Moreover the rising usage of sensor and touch screen technology for tracking is increasing the market opportunity in these region.
Asia –Pacific is also increasingly adopting LCD Touch Panel technologies with the entry of major & established players such as Microsoft and Samsung by providing touch screen smart phones and tablets.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Chinese companies’ shipments of large LCD TV panels are expected to surpass 50 percent of the world’s total for the first time. Industry watchers say Chinese companies will soon threaten Korea in the organic light emitting diode (OLED) panel market.
Chinese display makers" share of the world LCD TV panel market in terms of shipments will reach 50.2 percent in the fourth quarter of this year, up 5.2 percentage points from the second quarter (45.0 percent), market researcher IHS Markit said on Sept. 21. This year, the percentage is expected to exceed 50 percent for the first time.
Chinese display makers" LCD TV panel market share was in the low 30 percent range in the first quarter of 2017, but it has continued to grow. In contrast, the share of Korean companies has been falling. LG Display and Samsung Display accounted for a combined 35.9 percent of the LCD TV panel market in the first quarter of 2017, but their share is expected to stand at only 27.6 percent in the fourth quarter of this year. Recently, LG Display and Samsung Display are restructuring their LCD businesses due to a strong offensive from Chinese display makers. Their gap with Chinese companies is highly likely to widen.
By company, China"s BOE took the No. 1 position with an 18.2 percent share in the second quarter of this year and LG Display ranked second with 16.3 percent. In terms of sales revenue, LG Display ranked first with 20.8 percent and BOE second with 17.0 percent.
Korean companies are in a hurry to shift their business focus to OLED panels, but Chinese companies are in hot pursuit of them. BOE has already overtaken LG Display in the small- and medium-sized OLED panel market and is threatening Korean companies through large-scale investment.
According to the latest report of WitsView, a division of TrendForce, global shipments of branded LCD TV sets for 2017 totaled 211 million units, a decrease of 4.1% compared with prior year. This is a new low since 2014, indicating a bottleneck in the development of TV industry. In 2018, TV brands will focus on large-size, high-resolution products, and also develop high-end products like QLED and OLED TVs, hoping to push sales and regain profits by specifications upgrade.
In terms of product plans of major TV brands, Samsung, LG and Sony, etc. are now actively developing their product mix of large-size TV sets (65"", 75"" or greater). The proportion of 65"" TVs or greater will increase from 5.5% in 2017 to 7 % this year. BOE Gen 10.5 will offer 65"" and 75"" panels to the market after 1Q18, which may lower TV makers’ costs of purchasing large-size panels.
In terms of resolution upgrade, the market share of high-resolution (4K or higher) products is expected to reach 42.8% this year, up from 37.1% in 2017. In particular, more than 95% of the 55"" or above products use 4K resolution. As the market share of large-size 4K TVs increases, TV vendors have shown a clear ambition to develop 8K resolution. However, as the supply chain for both hardware and software, such as image processing chip, signal interface, 8K signal source and content etc., has not been well developed, WitsView estimates that the penetration rate of 8K products in global TV shipments will be only 0.2-0.3% in 2018. The penetration is expected to increase to 1.5% in 2020 due to the influences of Tokyo Olympics, and to 5% in 2022.
In the high-end market, OLED TVs and QLED TVs remain two competing camps. Led by Samsung Electronics, QLED camp will maintain an overall higher market share than OLED camp. On the other hand, OLED TVs are expected to raise the market share to 1.1% in 2018 since LGD expands its production capacity, gradually narrowing the gap with QLED camp.
As for the future development of high-end TV, QD Pixel, a new technology for QLED camp, is expected to reduce QLED TV"s high costs, but its current development remains slow and solutions will be not available until 2019. On the other hand, Gen 10.5 fabs have accelerated the production expansion of large-size LCD panels, lowering the prices as the result. But the costs of OLED panels remain high, and the development of 8K OLED panels remains slow, making OLED TV less competitive in the market. In addition, LGD’s Gen 8.5 OLED fab in Guangzhou will be ready for mass production in 2019, and will face higher depreciation costs.
With the increasingly fierce competition, the TV market is faced with homogeneous products and squeezed profits, so specs upgrade has become the key to driving new purchases and ensuring profitability. Therefore, China"s Gen 10.5 or more advanced fabs will play an important role in promoting upgrade of TV size and resolution. In addition, QLED TVs and OLED TVs will also create product differentiation in high-end market, which will bring more highlights to the 2018 TV market.
Flat-panel displays are thin panels of glass or plastic used for electronically displaying text, images, or video. Liquid crystal displays (LCD), OLED (organic light emitting diode) and microLED displays are not quite the same; since LCD uses a liquid crystal that reacts to an electric current blocking light or allowing it to pass through the panel, whereas OLED/microLED displays consist of electroluminescent organic/inorganic materials that generate light when a current is passed through the material. LCD, OLED and microLED displays are driven using LTPS, IGZO, LTPO, and A-Si TFT transistor technologies as their backplane using ITO to supply current to the transistors and in turn to the liquid crystal or electroluminescent material. Segment and passive OLED and LCD displays do not use a backplane but use indium tin oxide (ITO), a transparent conductive material, to pass current to the electroluminescent material or liquid crystal. In LCDs, there is an even layer of liquid crystal throughout the panel whereas an OLED display has the electroluminescent material only where it is meant to light up. OLEDs, LCDs and microLEDs can be made flexible and transparent, but LCDs require a backlight because they cannot emit light on their own like OLEDs and microLEDs.
Liquid-crystal display (or LCD) is a thin, flat panel used for electronically displaying information such as text, images, and moving pictures. They are usually made of glass but they can also be made out of plastic. Some manufacturers make transparent LCD panels and special sequential color segment LCDs that have higher than usual refresh rates and an RGB backlight. The backlight is synchronized with the display so that the colors will show up as needed. The list of LCD manufacturers:
Organic light emitting diode (or OLED displays) is a thin, flat panel made of glass or plastic used for electronically displaying information such as text, images, and moving pictures. OLED panels can also take the shape of a light panel, where red, green and blue light emitting materials are stacked to create a white light panel. OLED displays can also be made transparent and/or flexible and these transparent panels are available on the market and are widely used in smartphones with under-display optical fingerprint sensors. LCD and OLED displays are available in different shapes, the most prominent of which is a circular display, which is used in smartwatches. The list of OLED display manufacturers:
MicroLED displays is an emerging flat-panel display technology consisting of arrays of microscopic LEDs forming the individual pixel elements. Like OLED, microLED offers infinite contrast ratio, but unlike OLED, microLED is immune to screen burn-in, and consumes less power while having higher light output, as it uses LEDs instead of organic electroluminescent materials, The list of MicroLED display manufacturers:
LCDs are made in a glass substrate. For OLED, the substrate can also be plastic. The size of the substrates are specified in generations, with each generation using a larger substrate. For example, a 4th generation substrate is larger in size than a 3rd generation substrate. A larger substrate allows for more panels to be cut from a single substrate, or for larger panels to be made, akin to increasing wafer sizes in the semiconductor industry.
"Samsung Display has halted local Gen-8 LCD lines: sources". THE ELEC, Korea Electronics Industry Media. August 16, 2019. Archived from the original on April 3, 2020. Retrieved December 18, 2019.
"TCL to Build World"s Largest Gen 11 LCD Panel Factory". www.businesswire.com. May 19, 2016. Archived from the original on April 2, 2018. Retrieved April 1, 2018.
"Panel Manufacturers Start to Operate Their New 8th Generation LCD Lines". 대한민국 IT포털의 중심! 이티뉴스. June 19, 2017. Archived from the original on June 30, 2019. Retrieved June 30, 2019.
"TCL"s Panel Manufacturer CSOT Commences Production of High Generation Panel Modules". www.businesswire.com. June 14, 2018. Archived from the original on June 30, 2019. Retrieved June 30, 2019.
"Samsung Display Considering Halting Some LCD Production Lines". 비즈니스코리아 - BusinessKorea. August 16, 2019. Archived from the original on April 5, 2020. Retrieved December 19, 2019.
Herald, The Korea (July 6, 2016). "Samsung Display accelerates transition from LCD to OLED". www.koreaherald.com. Archived from the original on April 1, 2018. Retrieved April 1, 2018.
www.etnews.com (30 June 2017). "Samsung Display to Construct World"s Biggest OLED Plant". Archived from the original on 2019-06-09. Retrieved 2019-06-09.
"China"s BOE to have world"s largest TFT-LCD+AMOLED capacity in 2019". ihsmarkit.com. 2017-03-22. Archived from the original on 2019-08-16. Retrieved 2019-08-17.