TFT LCD Panel Market 2022 | Price Trends, Analysis, Latest Inisights and Forecast to 2027

According to IMARC Group's latest report, titled "𝗧𝗙𝗧 𝗟𝗖𝗗 𝗣𝗮𝗻𝗲𝗹 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗧𝗿𝗲𝗻𝗱𝘀, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟮-𝟮𝟬𝟮𝟳", the global TFT LCD panel market size reached US$ 157 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 207.6 Billion by 2027, exhibiting a growth rate (CAGR) of 4.7% during 2022-2027.

𝗬𝗲𝗮𝗿 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗲𝗱 𝘁𝗼 𝗘𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲:

𝗕𝗮𝘀𝗲 𝗬𝗲𝗮𝗿 𝗼𝗳 𝘁𝗵𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: 𝟮𝟬𝟮𝟭

𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰𝗮𝗹 𝗣𝗲𝗿𝗶𝗼𝗱: 𝟮𝟬𝟭𝟲-𝟮𝟬𝟮𝟭

𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗣𝗲𝗿𝗶𝗼𝗱: 𝟮𝟬𝟮𝟮-𝟮𝟬𝟮𝟳

𝗧𝗙𝗧 𝗟𝗖𝗗 𝗣𝗮𝗻𝗲𝗹 𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:

A thin Film Transistor (TFT) is an active-matrix liquid-crystal display (LCD) panel with better picture clarity. It comprises transistor controls that display lighting to allow comfortable viewing even in bright surroundings. As compared to conventional cathode ray tube (CRT) televisions, it is lighter, thinner, more feasible due to their greater size and exhibits a higher resolution and consumes minimal energy. Apart from this, TFT LCD display panel can be viewed from different angles, and it improves the image quality, such as addressability and contrast, at a faster response time. Consequently, it is used in multiple consumer electronics, including mobile phones, portable video gaming devices, televisions, laptops, and computers. Currently, TFT LCD further finds applications in automobile navigation, medical equipment, laser image pointer, single-lens reflex (SLR) cameras, and digital photo frames.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗿𝗲𝗲 𝘀𝗮𝗺𝗽𝗹𝗲 𝗯𝗿𝗼𝗰𝗵𝘂𝗿𝗲: https://www.imarcgroup.com/tft-lcd-panel-manufacturing-plant/requestsample

𝗧𝗙𝗧 𝗟𝗖𝗗 𝗣𝗮𝗻𝗲𝗹 𝗠𝗮𝗿𝗸𝗲𝘁 𝗧𝗿𝗲𝗻𝗱𝘀:

The rising demand for various consumer electronics, such as large-size, flat-screen televisions (TVs) and high-resolution smartphones with easy-to-use displays in residential areas, is primarily driving the market growth. Moreover, the growing consumer awareness regarding the multiple TFT display benefits, including better user experience and readability, has prompted their incorporation in gaming consoles and three-dimensional (3D) movie projector screens, which is propelling the market growth. Additionally, the increasing need for bright dashboard displays and navigation systems has intensified the uptake of TFT LCDs in airplanes, trains, and buses. Besides this, the widespread adoption of plasma-enhanced chemical vapor deposition (PECVD) technology to produce TFT panels with uniform thickness is supporting the market growth.

𝗖𝗵𝗲𝗰𝗸𝗼𝘂𝘁 𝗡𝗼𝘄: https://www.imarcgroup.com/checkout?id=535&method=1

TFT LCD Panel Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the TFT LCD panel market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• LG Electronics Inc.
• Samsung Electronics Co., Ltd
• Innolux Corporation
• AU Optronics Corp.
• Sharp Corporation

Key Market Segmentation:

The report has segmented the global TFT LCD panel market on the basis of size, technology, application and region.

Breakup by Size:

• Large Size TFT-LCD Display Panel
• Medium and Small Size TFT-LCD Display Panel

Breakup by Technology:

• 8th Generation
• Other Generations

Breakup by Application:

• Television
• Mobile Phones
• Mobile PCs
• Monitors
• Automotive
• Others

Breakup by Region:

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
• Middle East and Africa (Turkey, Saudi Arabia, Iran, South Africa, United Arab Emirates, Others)

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗳𝗼𝗿 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/tft-lcd-panel-manufacturing-plant

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:

IMARC Group
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This release was published on openPR.