The new report by Expert Market Research titled, ‘Global TFT-LCD Display Panel Market Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, gives an in-depth analysis of the global TFT-LCD display panel market, assessing the market based on its segments like size, application and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa. 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.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/tft-lcd-market/requestsample
The key highlights of the report include:
Market Overview (2021-2026)
• Historical Market Value (2020): USD 167.16 billion.
• Forecast CAGR (2021-2026): 5.8 %
• Forecast Market Value (2026): USD 221.60 billion.
The current worldwide TFT-LCD display panel market is being driven by rising demand for flat panel TVs, high-quality smartphones, tablets, and car monitoring systems, as well as the expanding gaming industry. The flat panel display dominates the global display industry, with TFT-LCD display panels being the most popular flat panel type and is being driven by significant demand from growing nations, particularly those in Asia Pacific such as 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 aided the industry’s growth.
Industry Definition and Major Segments
TFT-LCD displays 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 has a faster response time and greater colour fidelity. They are in high demand in practically all sectors where displays are required due to their advantageous qualities like as light weight, slimness, high resolution, and low power consumption. TFT-LCD display panels, despite their bigger dimensions, are more practical since they can be viewed from a broader angle, are not prone to reflection, and are lighter in weight than classic CRT TVs.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/tft-lcd-market
Based on size, the market is bifurcated into:
• Large Size
• Medium and Small Size
Based on application, the market is divided into:
• Television
• Mobile Phones
• Monitors
• Mobile PCs
• Automotive
• Others
The regional markets for 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 being pushed by rising household demand for average and large-sized flat-screen televisions, as well as rising desire for small, high-resolution smart phones with large screens. The growing demand for portable and small-sized tablets in the educational and commercial sectors has also contributed to the growth of the TFT-LCD display panel market. Expanding demand for vehicle displays, a thriving gaming industry, and the growing popularity of 3D movies are all important market drivers. Despite concerns about market oversupply, shipments of large TFT-LCD display panels increased again in 2020.
With more than one-third of the global share, North America is the largest market for TFT-LCD display panels. It is closely followed by the Asia-Pacific area, which includes nations such as India, China, Korea, and Taiwan, which are key rising markets for TFT-LCD display panels. China and India are two of the region’s fastest developing economies. The expansion of demand in these regions has been aided by the expansion of their economies, an increase in disposable incomes, and an increase in 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 the market shares, capacities, plant turnarounds, expansions, investments, mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Global Software-Defined Networking (SDN) Market: https://www.expertmarketresearch.com/reports/software-defined-networking-market
Global Software-Defined Data Centre Market: https://www.expertmarketresearch.com/reports/software-defined-data-center-market
Global Smart TV Market: https://www.expertmarketresearch.com/reports/smart-tv-market
Global Smart Glass Market: https://www.expertmarketresearch.com/reports/smart-glass-market
Global Silicon Nitride Market: https://www.expertmarketresearch.com/reports/silicon-nitride-market
Global Sheet Metal Fabrication Services Market: https://www.expertmarketresearch.com/reports/sheet-metal-fabrication-services-market-report
Global Smartphone Sensors Market: https://www.expertmarketresearch.com/reports/sensors-market-for-smartphones-market
Global Semiconductor Market: https://www.expertmarketresearch.com/reports/semiconductor-market
Global Sealing and Strapping Packaging Tapes Market: https://www.expertmarketresearch.com/reports/sealing-and-strapping-packaging-tapes-market
Global Sauces Market: https://www.expertmarketresearch.com/reports/sauces-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: EMR Inc.
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
0 Comments:
Post a Comment