lcd panel market in stock

The global TFT-LCD display panel market attained a value of USD 148.3 billion in 2022. It is expected to grow further in the forecast period of 2023-2028 with a CAGR of 4.9% and is projected to reach a value of USD 197.6 billion by 2028.

The current global TFT-LCD display panel market is driven by the increasing demand for flat panel TVs, good quality smartphones, tablets, and vehicle monitoring systems along with the growing gaming industry. The global display market is dominated by the flat panel display with TFT-LCD display panel being the most popular flat panel type and is being driven by strong demand from emerging economies, especially those in Asia Pacific like India, China, Korea, and Taiwan, among others. The rising demand for consumer electronics like LCD TVs, PCs, laptops, SLR cameras, navigation equipment and others have been aiding the growth of the industry.

TFT-LCD display panel is a type of liquid crystal display where each pixel is attached to a thin film transistor. Since the early 2000s, all LCD computer screens are TFT as they have a better response time and improved colour quality. With favourable properties like being light weight, slim, high in resolution and low in power consumption, they are in high demand in almost all sectors where displays are needed. Even with their larger dimensions, TFT-LCD display panel are more feasible as they can be viewed from a wider angle, are not susceptible to reflection and are lighter weight than traditional CRT TVs.

The global TFT-LCD display panel market is being driven by the growing household demand for average and large-sized flat panel TVs as well as a growing demand for slim, high-resolution smart phones with large screens. The rising demand for portable and small-sized tablets in the educational and commercial sectors has also been aiding the TFT-LCD display panel market growth. Increasing demand for automotive displays, a growing gaming industry and the emerging popularity of 3D cinema, are all major drivers for the market. Despite the concerns about an over-supply in the market, the shipments of large TFT-LCD display panel again rose in 2020.

North America is the largest market for TFT-LCD display panel, with over one-third of the global share. It is followed closely by the Asia-Pacific region, where countries like India, China, Korea, and Taiwan are significant emerging market for TFT-LCD display panels. China and India are among the fastest growing markets in the region. The growth of the demand in these regions have been assisted by the growth in their economy, a rise in disposable incomes and an increasing demand for consumer electronics.

The report gives a detailed analysis of the following key players in the global TFT-LCD display panel Market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

Display panel is a component that displays information in form of text, picture, video, and others. It acts as a direct interface in human and machine interaction. Display panels are used in variety of equipments, such as TV, smartphone, tablets, PCs, and others. Innovations in display technologies are focused on reducing harmful effects on health of end user. The technological advancements in display panel enhance viewing experience, consume less electricity, and dissipate less heat.

Growing demand for large-sized OLED panels for television and demand for public & commercial display panels drive growth of the world display panel market. However, decrease in ASP and revenues due to overcapacity obstruct growth of the market. On the other hand, demand for flexible displays for mobile phones and increasing focus on R&D activities open up new opportunities in the market.

The world display panel market is segmented based on technology, size, farm factor, resolution, applications, and geography. The technology segment is further classified into LED, OLED, and others. On the basis of size, the market is divided into small, medium, and large. Flat and flexible are farm factors discussed in the report. On the basis of resolution, the market is classified into 8K, 4K, WQHD, FHD, HD, and others. Applications covered in the report are TV, desktop monitor, notebook PC, tablet, mobile phone, automotive, digital signage, and others. Geographically, the market is divided into North America, Asia-Pacific, Europe, and Latin America, Middle East and Africa (LAMEA).

The prominent companies operating in the market are LG Display Co. Ltd., Samsung Electronics Co. Ltd., Innolux Corporation, AU Optronics Corp., Sharp Corporation, Japan Display Inc., BOE Technology Group Co. Ltd., Panasonic Corporation, HannStar Display Corporation, and Chunghwa Picture Tubes Ltd. The key strategies adopted by these manufacturers to strengthen their position in the market are collaborations, approvals, mergers & acquisitions, partnerships, joint ventures, expansions, and others.

This report offers an in-depth quantitative analysis of the current market and estimations which assists in identifying the prevailing market opportunities.

An extensive analysis of current research and clinical developments withinthe world display panel market is provided with key market dynamic factors that help in understanding the behavior of the market.

Key Market Players Sony Corporation, Panasonic Corporation, Toshiba Corporation, LG Display Co. Ltd, Samsung Electronics Co. Ltd, Japan Display, Leyard Optoelectronic, AU Optronics, BOE Technology, NEC Corporation

LCD TV Panel Market Size is projected to Reach Multimillion USD by 2027, In comparison to 2021, at unexpected CAGR during the Forecast Period 2022-2028.

Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, LCD TV Panel accounted for % of the global market of LCD TV Panel in 2022.

This LCD TV Panel Market Report offers analysis and insights based on original consultations with important players such as CEOs, Managers, Department Heads of Suppliers, Manufacturers, Distributors, etc.

The Global LCD TV Panel Market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2027. In 2021, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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

Samsung Display, LG Display, Innolux Crop and AUO captured the top four revenue share spots in the LCD TV Panel market in 2015. Samsung Display dominated with 22.11 percent revenue share, followed by LG Display with 19.72 percent revenue share and Innolux Crop Display with 19.30 percent revenue share.

The global LCD TV Panel market is valued at USD 51130 million in 2019. The market size will reach USD 59640 million by the end of 2026, growing at a CAGR of 2.2% during 2021-2026.

LCD TV Panel market is segmented 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 production capacity, revenue and forecast by Size and by Application for the period 2016-2027.

The report focuses on the LCD TV Panel market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. The report considers key geographic segments and describes all the favorable conditions driving the market growth.

On the basis of the End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application, including:

Geographically, the Major Regions Covered in LCD TV Panel Market Report Are:To comprehend LCD TV Panel market dynamics across major global regions. ● North America(United States, Canada)

Market is changing rapidly with the ongoing expansion of the industry. Advancement in technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of market movements in order to strategize better. An efficient strategy offers the companies a head start in planning and an edge over the competitors.Industry Researchis a credible source for gaining the market reports that will provide you with the lead your business needs.

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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.

Westford,USA, Oct. 19, 2022 (GLOBE NEWSWIRE) -- The primary factors driving the growth of the Display Market are increasing demand from smartphone and tablet manufacturers, rising expenditure on smart Infra-Red (IR) sensors, and rapid expansion of digital media content. Smartphones are becoming more sophisticated and are using larger screens that require higher resolutions for better user experience. Tablets are also becoming increasingly popular as they offer a single device that can serve as both a computer and a mobile phone. This increase in demand for high-resolution displays is expected to drive the adoption of LED displays in the coming years.

Manufacturers in the global display market are starting to see the potential in displays as an important part of their product lines. Device manufacturers are looking for displays that can be used on a variety of devices, from laptops to smartphones and even cars. In addition, developers are creating more applications that require high-quality displays.

One key challenge facing manufacturers is making sure that their displays meet the requirements of multiple market segments. They need to make sure that their displays are suitable for usage on tablets as well as laptops, yet they also need to create displays that look good on smaller devices like smartphones and digital assistants.

The growth in demand for display market across various verticals such as healthcare, retail, automotive, appliance and others has led to an increasing demand for large sizes screens which can be cost effective owing to their mass production capabilities. Display manufacturers are also exploring new technologies such as flexible displays that can be rolled up like a traditional newspaper

Our report considers several factors such as market size estimation techniques, product segmentation analysis, expenditure Breakdown by Country and region; Porter"s Five Forces Analysis; and price trends analysis to give you a comprehensive view of the global display market.

Some of the key players in the global display market include LG Display Co., Ltd., Samsung Electronics Co., Ltd., and Sharp Corporation. These companies are focused on developing innovative products that meet the needs of various consumers in the marketplace. They also strive to improve their competitiveness by expanding their product lines into new markets and by creating partnerships with other companies to share technology and manufacturing resources.

Among global display market leaders, Samsung is presently dominating the industry with a share of 38% of the market. However, Apple is looming large as one of the largest competitors in smartphone sector. Other prominent players in this segment include LG Display, Sony Corp, and Toshiba Corporation. Among these companies, LG Display has been fastest expanding its business over recent years owing to its focus on emerging markets such as China and India.

For one, it"s heavily invested in research and development in the display market. According to analysts at SkyQuest, Samsung spends more than $13.7 billion a year on R&D, more than any other company in the world. That investment has paid off: The company"s displays are consistently among the best on the market.

Samsung also makes good use of its deep pockets. The company has poured money into forming joint ventures with major chipmakers like Qualcomm and Intel, which allows it to quickly bring new technologies to market. It doesn"t just rely on partnerships; Samsung also invests in its own technology centers, such as the foundry that produces screens for its smartphones.

One important technology that Samsung is investing in is AMOLED and QLED screens. QLEDs are generally considered to be more environmentally friendly than LCDs, since they use less power and create fewer byproducts.

The main drivers for Samsung"s strong performance in the display market are its diversification across product lines, continuous innovation across product categories, and excellent execution capabilities. The company has been able to expand into new markets such as automotive displays and smart watches, while continuing to focus on profitable core products.

Samsung has also been successful in pushing down prices for OLED displays over the past few years. This has made OLED panels more accessible to a wider range of customers, supporting growth at rival companies such as LG Electronics and Sony.

In recent years, there has been a shift in display technology as manufacturers across the global display market experiment with new and more innovative ways to create displays. The trend observed by SkyQuest worldwide is that display technologies are moving towards OLEDs and quantum dots, both of which have a number of advantages.

Quantum dots or QLED offer many advantages over traditional LCDs in the display market, such as better color reproduction, enhanced viewing angles, better response time, and lower power consumption. Their small size also makes them ideal for applications where sliding or tilting LCD panels are not possible or desirable. Quantum dot displays have already begun appearing in consumer electronics and will eventually replace traditional LCDs as the predominant type of display in devices like smartphones and tablets.

SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

TFT-LCD Display Panel Market To Be Driven By Increasing Deployment Of TFT-LCD Display Panels In Smart TVs and Smartphones In the Forecast Period Of 2023-2028

WYOMING, UNITED STATES, February 10, 2023 /EINPresswire.com/ -- The new report by Expert Market Research titled, ‘Global TFT-LCD Display Panel Market Share, Size, Price, Report and Forecast 2023-2028’, gives an in-depth analysis of the global TFT-LCD display panel market, assessing the market based on its segments like sizes, applications, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

The increasing deployment of TFT-LCD display panels in smart TVs, smartphones, and tablets, among others, is driving the market growth. The increasing demand for consumer electronics with enhanced screen resolution and great picture quality, owing to the rising disposable income and rapid urbanisation, is anticipated to propel the market growth.

Moreover, the increasing demand for good quality display panels in enterprises for better presentability, is likely to be a major driver of the market. Geographically, the Asia Pacific region accounts for a significant share in the market owing to the presence of large population in emerging economies, such as India and China, which is generating a significant demand for display panels.

A thin-film-transistor liquid -crystal display (TFT LCD) panel is defined as a technology which is used in the television to enhance the experience of the users. In a TFT-LCD display panel, each pixel is attached to a thin film transistor which offers great colour quality. TFT-LCD also improves contrast and addressability of the television.

The key trends in the TFT-LCD display panel market include the growing research and development activities by the major market players aimed towards augmenting the quality of consumer electronics by bolstering the viewing experience. The growing competition between the international brands, such as Samsung Electronics and Toshiba, is anticipated to accelerate the sales of the product.

Moreover, the thriving e-commerce industry, which is further augmented by the increasing purchasing power of the population is likely to be a boon for the market in the coming years. The technological advancements in the medium and large enterprises is likely to lead to a heightened adoption of TFT-LCD display panels in the forecast period.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

The global TFT LCD panel market size reached US$ 165.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 217.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.66% during 2023-2028.

TFT (Thin Film Transistor) is an active-matrix LCD along with an improved image quality where one transistor for every pixel controls the illumination of the display enabling an easy view even in bright environments. This technology currently represents the most popular LCD display technology and accounts for the majority of the global display market. Being light in weight, slim in construction, high in resolution with low power consumption, TFT’s are gaining prominence in almost all the industries wherever displays are required. They find applications in various electronic goods such as cell phones, portable video game devices, televisions, laptops, desktops, etc. They are also used in automotive industry, navigation and medical equipment, laser pointer astronomy, SLR cameras and digital photo frames.

IMARC Group provides an analysis of the key trends in each sub-segment of the global TFT LCD panel market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on size, technology and application.

This report provides a deep insight into the global TFT LCD panel industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a TFT LCD manufacturing plant. The study analyses the manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the TFT LCD panel industry in any manner.

As we approach the end of February, our latest survey of supply chain data shows that panel shipments for the iPhone 14 Series are tracking 4% higher than the iPhone 13 Series during the same time period of April – March. This slower growth is the result of aftershocks from factory closures in November, demand and inventory corrections and macroeconomic headwinds.

The foldable market stalled for the first time in Q4’22 as revealed in DSCC’s latest Quarterly Foldable/Rollable Display Shipment and Technology Report, which will be distributed this week.

DSCC sees display capacity down 2% Y/Y in 2023 as Korean manufacturers LG Display and Samsung Display shut down or convert LCD capacity in China and/or Korea and other manufacturers delay capacity additions on weak market conditions. As indicated in DSCC’s Quarterly Display Capacity and Equipment Market Share Report, DSCC sees LCD capacity falling 3% in 2023, with OLED capacity up 6%. Despite the 2023 decline, LCDs will still dominate display capacity on an area basis with a 91% share in 2023, down from 92%.

As revealed in DSCC’s latest release of the OLED Shipment Report – Flash Edition, OLED panel revenues decreased 3% Y/Y in Q4’22 to $12.6B as a result of a 7% Y/Y shipment decline. In Q4’22, by select OLED applications: •Smartphones increased 3% Y/Y in units and in revenues; •TVs decreased 4% Y/Y in units and 12% in revenues.

First, the bad news. We downgraded 2023 display equipment spending in the Q1’23 issue of our Quarterly Display Capex and Equipment Market Share Report another 13% to just $3.8B, the lowest since 2012. The decline can be attributed to weak end market conditions which are causing panel manufacturers to push out capacity increases. Display demand remains soft with too much demand pulled into 2020 and 2021 during COVID along with inflation and slower economic growth further weakening 2022 and 2023 demand. You can see in the chart below that demand on an area basis was pulled in vs. our 2020 forecast by 2% in 2020 and by 3% in 2021.

After LCD TV panel prices hit bottom in September 2022 and prices for several sizes increased in Q4, the rally in prices proved to be short-lived and prices have been in a holding pattern, with no changes from December into February. While prices for most sizes increased in Q4, the increase was modest. The last phase of the downward spiral in panel prices was characterized by a massive inventory drawdown in the display supply chain and a corresponding massive reduction in fab utilization by panel makers.

The iPhone 14 Series is unquestionably one of the few bright spots in the 2022 and 2023 smartphone market. It has allowed Apple to gain share and even boost its blended ASPs vs. the iPhone 13 Series despite the downturn in the economy. In the following charts, you can see their monthly panel procurement results obtained by DSCC through its supply chain sources where the iPhone 13 series in 2021-2022 is compared with the iPhone 14 series in 2022-2023. As indicated:

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2.1 THE WEBSITE WILL COLLECT AND USE USER INFORMATION FOR PURPOSES SUCH AS MARKETING, CONSUMER PROTECTION, CONSUMER/CLIENT MANAGEMENT, E-COMMERCE SERVICES, FINANCIAL ACCOUNTING, CONTRACTUAL MATTERS, RESEARCH ANALYSIS, AND DATA PROCESSING. WHEN REQUIRED BY LAW, THE WEBSITE MAY ALSO PROVIDE PERSONAL INFORMATION TO NON-GOVERNMENT AGENCIES.

The global TFT LCD panel market is expected to grow at a CAGR of around 4.1% during 2023-2030. This report on global TFT LCD panel market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global TFT LCD panel market by segmenting the market based on size, application, Technology and region. Also, detailed profiles of companies operating in the TFT LCD panel market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.