Market Overview:
The global TFT LCD panel market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for TFT LCD panels from various applications such as televisions, smart phones & tablets, desktops & laptops, wearable devices and other applications. Additionally, the growing demand for large-sized TFT LCD panels is also contributing to the growth of this market.
Product Definition:
A TFT LCD panel is a flat-panel display that uses thin-film transistor (TFT) technology to create an image. TFT LCD panels are used in a wide variety of devices, including smartphones, tablets, laptops and desktop monitors.
Small-Sized:
Small-sized Panels are also known as Micro-sized or Mini-sized Panels. They are used in various devices such as GPS, Digital Cameras, Cell Phones and other display devices. The size of the panel is a crucial factor that affects its application scope and manufacturing technology used for the same.
Medium-Sized:
Medium-sized and small-sized panels refer to the size of the active matrix. The medium-sized panel has a size of about 55 mm x 33 mm while the small sized panel has a size of about 32 mm x 24mm. The active matrix is an array of liquid crystal cells that are enclosed in glass or plastic and is used for modulating and controlling light by using various electrical signals applied to it.
Application Insights:
The televisions segment dominated the global market in 2017. The growth of this segment can be attributed to the increasing demand for high-resolution panels with enhanced picture quality and features such as 3D display, smart functions, and Internet connectivity. TFT-LCD technology is widely used in flat panel TVs as it provides better picture quality than other technologies such as CRT or LED.
The smart phones & tablets segment is expected to grow at a significant rate over the forecast period owing to growing demand for advanced technology products from various end-use industries including healthcare, automotive, and consumer electronics among others. In addition, rising penetration of smartphones has boosted product adoption across the globe especially in developed economies like North America and Europe where consumers prefer having digital devices that are compatible with latest software updates enabling improved performance capabilities compared to previous generation products.
In recent years, wearable devices have gained immense popularity due largely to technological advancements coupled with innovative new product designs by manufacturers like Fitbit Inc., Garmin Ltd.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing production of small-sized, medium-sized, and large-sized TFT LCD panels in countries such as China and Japan. Moreover, rising demand for smartphones along with a growing number of manufacturers in this region is anticipated to drive regional product sales.
The Asia Pacific region consists of developing economies such as India, South Korea, Taiwan among others that are technologically advanced compared to other developing nations across the globe. This has led these economies being called “tiger economies†or “emerging markets†by many investors worldwide due to their high potential for future growth opportunities within various industries including electronics manufacturing industry.
Growth Factors:
- Increasing demand for ultra-high definition (UHD) televisions.
- Rising demand from the automotive sector for advanced driver assistance systems (ADAS).
- Growing popularity of wearable devices and the Internet of Things (IoT).
- Proliferation of 4K content across different platforms including broadcast, online streaming, and physical media formats such as Blu-ray discs and DVDs.
- Advances in display technology that improve image quality, reduce power consumption, and increase manufacturing yields
Scope Of The Report
Report Attributes
Report Details
Report Title
TFT LCD Panel Market Research Report
By Type
Small-Sized, Medium-Sized, Large-Sized
By Application
Televisions, Smart Phones & Tablets, Desktops & Laptops, Wearable Devices, Other
By Companies
AU Optronics, Samsung Display, Innolux, LG Display, HannsTouch Solution, InfoVision Optoelectronics, Sharp, Panasonic, CPT Corporation, BOE Technology Group
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global TFT LCD Panel Market Report Segments:
The global TFT LCD Panel market is segmented on the basis of:
Types
Small-Sized, Medium-Sized, Large-Sized
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
Televisions, Smart Phones & Tablets, Desktops & Laptops, Wearable Devices, Other
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:
- AU Optronics
- Samsung Display
- Innolux
- LG Display
- HannsTouch Solution
- InfoVision Optoelectronics
- Sharp
- Panasonic
- CPT Corporation
- BOE Technology Group
Highlights of The TFT LCD Panel 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:
- Small-Sized
- Medium-Sized
- Large-Sized
- By Application:
- Televisions
- Smart Phones & Tablets
- Desktops & Laptops
- Wearable Devices
- Other
- 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 TFT LCD Panel 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A TFT LCD panel is a type of liquid crystal display (LCD) that uses Thin Film Transistors (TFTs). These panels are used in many consumer electronics products, including televisions, laptops, and tablets.
Some of the key players operating in the tft lcd panel market are AU Optronics, Samsung Display, Innolux, LG Display, HannsTouch Solution, InfoVision Optoelectronics, Sharp, Panasonic, CPT Corporation, BOE Technology Group.
The tft lcd panel market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 TFT LCD Panel 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 TFT LCD Panel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 TFT LCD Panel 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 TFT LCD Panel 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 TFT LCD Panel Market Size & Forecast, 2018-2028
4.5.1 TFT LCD Panel Market Size and Y-o-Y Growth
4.5.2 TFT LCD Panel Market Absolute $ Opportunity
Chapter 5 Global TFT LCD Panel 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 TFT LCD Panel Market Size Forecast by Type
5.2.1 Small-Sized
5.2.2 Medium-Sized
5.2.3 Large-Sized
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global TFT LCD Panel 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 TFT LCD Panel Market Size Forecast by Applications
6.2.1 Televisions
6.2.2 Smart Phones & Tablets
6.2.3 Desktops & Laptops
6.2.4 Wearable Devices
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global TFT LCD Panel 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 TFT LCD Panel 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 TFT LCD Panel Analysis and Forecast
9.1 Introduction
9.2 North America TFT LCD Panel 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 TFT LCD Panel Market Size Forecast by Type
9.6.1 Small-Sized
9.6.2 Medium-Sized
9.6.3 Large-Sized
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 TFT LCD Panel Market Size Forecast by Applications
9.10.1 Televisions
9.10.2 Smart Phones & Tablets
9.10.3 Desktops & Laptops
9.10.4 Wearable Devices
9.10.5 Other
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 TFT LCD Panel Analysis and Forecast
10.1 Introduction
10.2 Europe TFT LCD Panel 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 TFT LCD Panel Market Size Forecast by Type
10.6.1 Small-Sized
10.6.2 Medium-Sized
10.6.3 Large-Sized
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 TFT LCD Panel Market Size Forecast by Applications
10.10.1 Televisions
10.10.2 Smart Phones & Tablets
10.10.3 Desktops & Laptops
10.10.4 Wearable Devices
10.10.5 Other
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 TFT LCD Panel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific TFT LCD Panel 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 TFT LCD Panel Market Size Forecast by Type
11.6.1 Small-Sized
11.6.2 Medium-Sized
11.6.3 Large-Sized
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 TFT LCD Panel Market Size Forecast by Applications
11.10.1 Televisions
11.10.2 Smart Phones & Tablets
11.10.3 Desktops & Laptops
11.10.4 Wearable Devices
11.10.5 Other
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 TFT LCD Panel Analysis and Forecast
12.1 Introduction
12.2 Latin America TFT LCD Panel 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 TFT LCD Panel Market Size Forecast by Type
12.6.1 Small-Sized
12.6.2 Medium-Sized
12.6.3 Large-Sized
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 TFT LCD Panel Market Size Forecast by Applications
12.10.1 Televisions
12.10.2 Smart Phones & Tablets
12.10.3 Desktops & Laptops
12.10.4 Wearable Devices
12.10.5 Other
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) TFT LCD Panel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) TFT LCD Panel 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) TFT LCD Panel Market Size Forecast by Type
13.6.1 Small-Sized
13.6.2 Medium-Sized
13.6.3 Large-Sized
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) TFT LCD Panel Market Size Forecast by Applications
13.10.1 Televisions
13.10.2 Smart Phones & Tablets
13.10.3 Desktops & Laptops
13.10.4 Wearable Devices
13.10.5 Other
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 TFT LCD Panel Market: Competitive Dashboard
14.2 Global TFT LCD Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AU Optronics
14.3.2 Samsung Display
14.3.3 Innolux
14.3.4 LG Display
14.3.5 HannsTouch Solution
14.3.6 InfoVision Optoelectronics
14.3.7 Sharp
14.3.8 Panasonic
14.3.9 CPT Corporation
14.3.10 BOE Technology Group
