TFT LCD modules (11-inch to 17-inch) Market Segmented By component Backlight Panels, Color Filters, Black Matrices, ITO Common Electrodes, Thin-Film Transistors, Storage Capacitors, Lamps, Backlight Modules; By application Factory Automation Equipment, Ho
Machines, such as ATMs and different POS terminals, that display data and information requiring a somewhat higher resolution, have integrated TFT LCD modules. In simple terms, TFT LCD modules are high resolution display devices that are controlled by electric signals. TFT LCD modules are growing as the primary machine-human interface across most industries. Manufacturers offer TFT LCD modules that operate efficiently in both, dulcet as well as harsh outdoor environments.
TFT LCD modules (11-inch to 17-inch) Market: Drivers and Challenges
There are various factors that drive the demand for TFT LCD modules. Manufacturers are teaming up to develop TFT LCD modules that are compatible with different devices and this is expected to drive the global TFT LCD modules market. A combination of graphics, symbols, alphabets numerals, and dots can be displayed on the TFT LCD modules. The nematic aspect of liquid crystal diodes enables TFT LCD modules to display bright visuals with a high contrast.
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Such factors are expected to drive the global TFT LCD modules market. In TFT LCD modules, LSI is loaded for the liquid crystal diode element drive, and manufacturers also offer types of TFT LCD modules that contain a control LSI. The small size and light weight of TFT LCD modules enable the development of compact displays for various equipment. Also, the option of procuring large-sized TFT LCD modules for graphics and small-sized TFT LCD modules for basic display, with the availability of extensive upgrades, will drive the global TFT LCD modules market.
However, the customization process of TFT LCD modules is lengthy and time consuming, thus challenging the growth of the overall TFT LCD modules market. Also, strict regulatory standards set by various national and international governing bodies will slow down the overall growth of the global TFT LCD modules market.
The ever-rising trend of progress from normal display to multi-display TFT LCD modules is expected to motivate the manufacturers to accelerate the rate of research and upgrades in the global LCD TFT modules market.
TFT LCD modules (11-inch to 17-inch) Market: Regional Outlook
Among all the regions, North America holds the largest market share of the global TFT LCD modules market and is anticipated to maintain a steady growth rate over the forecast period. The growth of TFT LCD modules market in North America is attributed to the ever-rising trend of factory automation and the rise in disposable income in commercial, industrial and residential sectors. Southeast Asian and Other Asia Pacific economies are expected to register a significant growth rate in the TFT LCD modules market. China is also expected to generate a steady growth rate during the forecast period. This is due to the ever-increasing presence of TFT LCD modules market participants in the region.
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TFT LCD modules (11-inch to 17-inch) Market: Key Players
Few of the major players operating in the global TFT LCD modules market include WINSTAR Display Co., Ltd.; Innolux Corporation; Mitsubishi Electric Corporation; Microtips Technology USA; LEADTEK; Omron Corporation; Honeywell International Inc.; Raystar Optronics, Inc.; Truly Semiconductors Ltd.; MikroElectronika d.o.o.; Matrix Orbital Corp.; and 4D Systems, among others.
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.
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