Global TFT-LCD Display Panel Market Size, Share, Price, Tr …

(MENAFN- GetNews) Global TFT-LCD Display Panels Market is expected to grow steadily at a CAGR of 5.8% during the forecast period 2021-2026

New Market Research Expert Report titled “Global TFT-LCD Display Panel Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026” Gives In-Depth Analysis of Global TFT-LCD Display Panel Market , evaluating the market based on its segments such as size, application, and major regions like North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The report follows the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on Porter’s SWOT and Five Forces models.

Note 1: For an overview of primary and secondary market data (2016-2026), along with business strategies and detailed market segmentation, please click on the sample demand report. The sample report will be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents –

The main highlights of the report include:

Market Overview (2021-2026)

• Historic market value (2020): 167.16 billion USD.
• Forecast CAGR (2021-2026): 5.8%
• Forecast market value (2026): 221.60 billion USD.

The current global TFT-LCD display panel market is driven by the increasing demand for high-quality flat panel TVs, smartphones, tablets, and automotive surveillance systems, as well as the expanding gaming industry. The flat panel dominates the global display industry, with TFT-LCDs being the most popular type of flat panel display and driven by significant demand from growing countries, especially those in Asia-Pacific like India, China, Korea and Taiwan. among others. The increased demand for consumer electronics such as LCD TVs, PCs, laptops, SLR cameras, navigation devices and others has contributed to the growth of the industry.

Definition of the industry and main segments

TFT-LCD screens are a type of liquid crystal display in which each pixel is connected to a thin film transistor. TFT has been used in all LCD computer screens since the early 2000s because it offers faster response time and greater color fidelity. They are in great demand in virtually every industry where displays are needed due to their advantageous qualities such as lightness, thinness, high resolution and low power consumption. TFT-LCD display panels, despite their larger dimensions, are more practical because they can be viewed from a wider angle, are not subject to reflection, and are lighter in weight than conventional CRT televisions.

Read the full report with table of contents –

Based on size, the market is divided into:

• Big size
• Medium and small size

Depending on the application, the market is divided into:

• Television
• Mobile phones
• Monitors
• Laptop
• Automotive
• Others

Regional Markets of Global TFT-LCD Display Panel:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market trends

The global TFT-LCD display panel market is driven by the growing household demand for mid-size and large-size flat panel TVs, as well as the growing desire for small, high-resolution smartphones with large screens. The increasing demand for portable and small size tablets in the educational and commercial sectors has also contributed to the growth of the TFT-LCD display panels market. Growing demand for vehicle screens, a thriving gaming industry, and the growing popularity of 3D movies are all major market drivers. Despite concerns about the oversupply in the market, shipments of large TFT-LCD displays increased again in 2020.

With over a third of the global share, North America is the largest market for TFT-LCD display panels. It is closely followed by the Asia-Pacific region, which includes countries like India, China, Korea and Taiwan, which are key emerging markets for TFT-LCD display panels. China and India are two of the region’s fastest growing economies. The expansion of demand in these regions has been helped by the expansion of their economies, an increase in disposable income and an increase in the desire for consumer electronics.

Key market players

The major players in the market are Samsung, LG Electronics Inc, Sharp Electronics Corporation, BOE Technology Group Co Ltd, AU Optronics Corp, among others. The report covers market shares, capacities, plant rotations, expansions, investments, mergers and acquisitions, among other latest developments of these market players.

Associated reports:

Global Software Defined Network (SDN) Market:

Global Software Defined Data Center Market:

Global Smart TV Market:

Global Smart Glass Market:

Global Silicon Nitride Market:

Global Plate Manufacturing Services Market:

Global Smartphone Sensors Market:

Global Semiconductor Market:

Global Sealing and Strapping Packaging Tapes Market:

Global Sauces Market:

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are continuously monitoring the impact of this rapidly evolving situation on markets and consumer buying behaviors. Thus, our latest estimates and analyzes on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence company, providing personalized and syndicated market reports and consulting services for our clients. We serve a broad customer base ranging from Fortune 1000 companies to small and medium-sized businesses. Our reports cover over 100 industries in established and emerging markets researched by our trained analysts who track the latest economic, demographic, business and market data on a global scale.

At Expert Market Research, we tailor our approach based on the needs and preferences of our clients, providing them with valuable, actionable and up-to-date market information, helping them to realize their optimal growth potential. We provide market intelligence across a range of industry verticals including Pharmaceuticals, Food & Beverage, Technology, Retail, Chemicals & Materials, Energy & Mining, packaging and agriculture.

We also provide state-of-the-art purchasing information through our platform,. Procurement Resource is a leading platform for digital procurement solutions, offering daily tracking of prices, market insights, supply chain insights, procurement analytics and information on categories through our in-depth and foolproof market reports, cost of production reports, price analysis and benchmarking.

Informes de Expertos (), the Spanish variant of Expert Market Research, is a platform that offers market research and consulting services to a large clientele in Spanish-speaking countries. With a primary focus on the Latin American and Spanish markets, our research experts provide relevant and actionable market insights and follow key trends, economic developments and global business data.

Determined to bring satisfaction to our customers, we ensure that our tailor-made approach meets the customer’s unique requirements for market intelligence. Our syndicated and customized research reports cover a wide range of industries from pharmaceuticals and food and beverage to packaging, logistics and transportation.

* At Expert Market Research, we always strive to provide you with the latest information. The figures in the article are only indicative and may differ from the actual report.

Source of content

MENAFN06102021003238003268ID1102928921


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *