Press release
TFT-LCD Market 2019 Global Analysis, Share, Trend, Key Players, Opportunities & Forecast To 2024
Summary:A new market study, titled “Discover Global TFT-LCD Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Introduction
Global TFT-LCD Market
A thin-film-transistor liquid-crystal display (TFT-LCD) is a variant of a liquid-crystal display (LCD) that uses thin-film transistor (TFT) technology to improve image qualities such as addressability and contrast. A TFT-LCD is an active-matrix LCD, in contrast to passive-matrix LCDs or simple, direct-driven LCDs with a few segments.
TFT LCDs are used in appliances including televisions, desktop monitors, notebook PC, tablet PC, mobile phones, handheld video game systems, personal digital assistants, navigation systems and projectors.
TFT LCDs are also used in car instrument clusters because they allow the driver to customize the cluster, as well as being able to provide an analogue-like display with digital elements.
The TFT-LCD industry touched the bottom in 2011, then has warmed up slowly since 2012 and is expected to reach its peak in early 2015, but it will fall into another lengthy decline stage by 2016. After the TFT-LCD industry slumped, TFT-LCD vendors in different countries chose varying countermeasures. South Korean vendors represented by Samsung strived to explore the OLED field. In Japan, Sharp transferred to be a small and medium-sized panel vendor, produced mobile phone panels with 8.5-generation lines and vigorously developed IGZO technology. Hitachi, Sony and Toshiba set up a joint venture Japan Display (referred to as JDI) to develop LTPS technology. Taiwanese vendors developed 4K HD technology. Chinese mainland vendors promoted the construction of new production lines at low costs aggressively. As a result, Chinese mainland vendors are the most notable winners, followed by Taiwanese and Japanese counterparts.
Although TFT-LCD market is going to step into another lengthy decline stage, it is full of opportunities if investors have wonderful countermeasures to cut the raw material cost of TFT-LCD and ensure that the production line is efficient enough, since there is still huge demand of TFT-LCD in some regions like China.
According to this study, over the next five years the TFT-LCD market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in TFT-LCD business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of TFT-LCD market by product type, application, key manufacturers and key regions and countries.
This study considers the TFT-LCD value and volume generated from the sales of the following segments:
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Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Large TFT-LCD (≥9” Around 95% Market Share)
Medium and Small TFT-LCD (
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