Market Overview:
The global glass substrates for TFT-LCD market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced displays, such as OLED and HDR, in consumer electronics products. Additionally, the growing adoption of glass substrates for TFT-LCD in automotive applications is also propelling the growth of this market. On the basis of type, the global glass substrates for TFT-LCD market can be segmented into Gen 8 and above, Gen 7, Gen 6, Gen 5.5, Gen 5 and below segments. The demand for higher generation glass substrates is increasing due to their superior performance characteristics as compared to lower generation counterparts. On account of these advantages over traditional LCDs panels with TN Film technology or twisted nematic films used in most displays today including televisions (TVs), computer monitors (monitors) and laptops; large area display manufacturers are increasingly adopting high performance glasses substrate technologies such as IGZO (indium gallium zinc oxide) or a-SiGe:H (amorphous silicon Germanium: hydrogen). These glasses have better transmittance than amorphous silicon TN Film which helps reduce power consumption by up to 50%.
Product Definition:
Glass substrates are used in TFT-LCDs to provide a smooth surface on which the transistors can be fabricated. The use of glass substrates allows for higher resolution displays since the irregularities on the surface of silicon wafers cause light to scatter, resulting in a lower resolution image. Glass also has a low coefficient of thermal expansion, meaning that it does not expand or contract as much as other materials when heated or cooled, making it an ideal material for use in LCDs.
Gen. 8 and above:
Gen 8 and above, it's usage and growth factor in Glass Substrates for TFT-LCD market? Gen 7 and below, it's usage.
Gen. 7:
The Gen. 7 is a new generation of the TFT-LCD, which was introduced in 2012 with improved performance over previous versions. The major improvement includes higher resolution and faster response time, especially for the touch panels that are used in tablets and smartphones.
Gen 7 provides better color quality and contrast ratio as compared to its previous version; however, it consumes more power due to high voltage requirement for each pixel (3.3V).
Application Insights:
TV application dominated the global market with a revenue share of over 40% in 2017. The growing demand for smart TVs is driving the product demand for glass substrates in TV applications. Moreover, increasing number of TFT-LCD manufacturers coupled with rising consumer preference is expected to propel the growth over the forecast period.
The monitor segment is anticipated to witness significant growth during the forecast period on account of increasing use in computer monitors and other display devices across various end-use industries such as electronics, gaming, and automotive among others. Increasing use of advanced technologies such as WLED (Wide Color Gamut) and OLED (Organic Light Emitting Diodes) along with LCDs are further escalating the product demand for glass substrates from monitor applications at a global level.
Regional Analysis:
North America dominated the global market in 2017. The growth is attributed to the presence of a large number of display manufacturing companies, such as Corning Incorporated, Samsung Electronics Co., Ltd., and LG Display Co., in this region. Moreover, increasing demand for advanced technology products coupled with growing popularity of TFT-LCDs is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions owing to rapid development witnessed by economies including China and India since last few years. Increasing disposable income coupled with rising penetration of digital services has been fueling product demand across these countries which eventually led to an increase in glass substrates production capacity over past few years.
Growth Factors:
- Increasing demand for displays in portable devices such as smartphones and tablets
- Rising demand for large-sized displays in televisions and other consumer electronics products
- Growing adoption of glass substrates for TFT-LCD panels in automobiles
- Proliferation of next-generation display technologies, such as OLEDs, that require glass substrates
- Increasing production capacity of glass substrate manufacturers to meet the growing demand from the TFT-LCD market
Scope Of The Report
Report Attributes
Report Details
Report Title
Glass Substrates for TFT-LCD Market Research Report
By Type
Gen. 8 and above, Gen. 7, Gen. 6, Gen. 5.5, Gen. 5, Gen. 4 and below
By Application
TV, Monitor, Laptop, Others
By Companies
AGC, Corning, NEG, Tunghsu Optoelectronic, AvanStrate, IRICO, CGC, LG Chem
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Glass Substrates for TFT-LCD Market Report Segments:
The global Glass Substrates for TFT-LCD market is segmented on the basis of:
Types
Gen. 8 and above, Gen. 7, Gen. 6, Gen. 5.5, Gen. 5, Gen. 4 and below
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
TV, Monitor, Laptop, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AGC
- Corning
- NEG
- Tunghsu Optoelectronic
- AvanStrate
- IRICO
- CGC
- LG Chem
Highlights of The Glass Substrates for TFT-LCD Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gen. 8 and above
- Gen. 7
- Gen. 6
- Gen. 5.5
- Gen. 5
- Gen. 4 and below
- By Application:
- TV
- Monitor
- Laptop
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glass Substrates for TFT-LCD Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Glass substrates are used for TFT-LCD displays because they have high transparency, low reflectivity, and a smooth surface.
Some of the key players operating in the glass substrates for tft-lcd market are AGC, Corning, NEG, Tunghsu Optoelectronic, AvanStrate, IRICO, CGC, LG Chem.
The glass substrates for tft-lcd market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Glass Substrates for TFT-LCD Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Glass Substrates for TFT-LCD Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Glass Substrates for TFT-LCD Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Glass Substrates for TFT-LCD Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Glass Substrates for TFT-LCD Market Size & Forecast, 2020-2028
4.5.1 Glass Substrates for TFT-LCD Market Size and Y-o-Y Growth
4.5.2 Glass Substrates for TFT-LCD Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Gen. 8 and above
5.2.2 Gen. 7
5.2.3 Gen. 6
5.2.4 Gen. 5.5
5.2.5 Gen. 5
5.2.6 Gen. 4 and below
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 TV
6.2.2 Monitor
6.2.3 Laptop
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Glass Substrates for TFT-LCD Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Glass Substrates for TFT-LCD Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Gen. 8 and above
9.6.2 Gen. 7
9.6.3 Gen. 6
9.6.4 Gen. 5.5
9.6.5 Gen. 5
9.6.6 Gen. 4 and below
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 TV
9.10.2 Monitor
9.10.3 Laptop
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Gen. 8 and above
10.6.2 Gen. 7
10.6.3 Gen. 6
10.6.4 Gen. 5.5
10.6.5 Gen. 5
10.6.6 Gen. 4 and below
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 TV
10.10.2 Monitor
10.10.3 Laptop
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Gen. 8 and above
11.6.2 Gen. 7
11.6.3 Gen. 6
11.6.4 Gen. 5.5
11.6.5 Gen. 5
11.6.6 Gen. 4 and below
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 TV
11.10.2 Monitor
11.10.3 Laptop
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Gen. 8 and above
12.6.2 Gen. 7
12.6.3 Gen. 6
12.6.4 Gen. 5.5
12.6.5 Gen. 5
12.6.6 Gen. 4 and below
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 TV
12.10.2 Monitor
12.10.3 Laptop
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Gen. 8 and above
13.6.2 Gen. 7
13.6.3 Gen. 6
13.6.4 Gen. 5.5
13.6.5 Gen. 5
13.6.6 Gen. 4 and below
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 TV
13.10.2 Monitor
13.10.3 Laptop
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Glass Substrates for TFT-LCD Market: Competitive Dashboard
14.2 Global Glass Substrates for TFT-LCD Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AGC
14.3.2 Corning
14.3.3 NEG
14.3.4 Tunghsu Optoelectronic
14.3.5 AvanStrate
14.3.6 IRICO
14.3.7 CGC
14.3.8 LG Chem
