IPS LCD Display: Product Scope, Applications, Top Growing Market Players and Revenue Projections 2019-2026

IPS Display: Everything You Need to Know about it!

In-plane switching (IPS) is a screen technology used in liquid-crystal displays (LCDs). It was designed to solve the major limitations of the twisted nematic field effect (TN) matrix LCDs such as strong viewing angle dependence and low-quality color reproduction. The main advantage of IPS panels is that it displays accurate color from all viewing angles.

IPS Display: Applications

IPS panels do not lighten or show tailing when they are touched, which is important for touch-screen devices, such as smartphones. IPS is also used in many computer monitors, TVs, and tablets. Nowadays, IPS technology is commonly found in higher end screens. However, IPS panels are also found in some inexpensive monitors.

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As IPS displays accurate color from all viewing angles, so photographers, artists, and graphic designers often prefer these monitors. Therefore, increase in disposable income boost the purchasing power of the buyer, which in turn drives the IPS display market growth.

IPS Display: Market Players

The major companies profiled in the IPS display market include LG Display, Samsung, Sony, Japan Display, Panasonic, AU Optronics, and Acer.

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IPS Display: Market Growth Drivers

As the purchasing power is increasing and also the potential customers are increasing the market of consumer electronics is also increasing. The consumer electronics market is highly competitive and there are lot of players in the market. Thus, several innovations are continuously observed, which is directly affecting the growth of the IPS display market.

Some of the factors that drive the growth of the IPS display market include increase in demand for high-end screens, rise in disposable income, and rapidly growing consumer electronic market. However, high cost of IPS panels is expected to restrain the market growth.

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IPS Display: regional Market Analysis

Geographically, Asia-Pacific has witnessed significant growth, and contributes for the largest market share. The main factors for largest market share in this region are the developing counties such as India and China. The other factor is the increase in potential customers in this region.

The second largest market is in North American region, followed by Europe. One of the key players in the IPS display market is LG Display. LG Display's IPS technology, based on the horizontal alignment of liquid crystal molecules, good viewing angle, and fast response rate. LG provides IPS display in its TVs, mobiles, and monitors.

The IPS displays are also found in laptops. Lenovo sells ThinkPad X Series Laptops with IPS (In-Plane Switching) technologies. The ThinkPad X1 Carbon Ultrabook provides a stunning display produced by the ThinkPad ColorBurst Display with an antiglare screen and 300 nit with IPS features that provide 180-degree, wide-screen viewing.

The IPS display market is segmented based on type, application, and region. Based on type, the market is categorized into AH-IPS, E-IPS, and others. By application, it is categorized into smart phone & tablet, TVs, PCs, and others. Based on region, the market is analyzed across Asia-Pacific, Europe, North America, Latin America, and Middle East & Africa.

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