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The North America TFT LCD panel market reached a value of US$ 52 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$ 64.4 Billion by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
TFT (Thin Film Transistor) is an active-matrix liquid crystal display (LCD) panel that uses the TFT technology to improve image quality in terms of addressability and contrast. Every pixel on a TFT LCD panel has a separate transistor, which controls the display illumination while enabling an easy view even in bright environments. TFTs are gaining traction in nearly all the industries as they are lightweight, slim in construction, have high-resolution and offer low power consumption. They find major applications in various electronic goods such as televisions, mobile phones, tablets, laptops, desktops, portable video game devices, etc. Apart from these, they are also used in the automotive industry, navigation and medical equipment, laser pointer astronomy, SLR cameras and digital photo frames.
The North America TFT LCD panel market is currently being driven by several factors. TFT-LCD panels provide flexibility in presenting all types of data, including pictoral representation. On account of this, they are increasingly being employed not only in the consumer electronics but also in the aerospace sector as well to display aircraft altitude information, airframe parameters, warning messages and navigational data. Moreover, TFT LCDs are less prone to reflection, viewable from a wider angle and much lighter than traditional panels, thereby having wide applications in the electronics and automotive industry. Additionally, the rising demand for TFT-LCD display is catalyzed by the increasing consumption of flat panel TVs in households, smartphones and gaming industry.
IMARC Group provides an analysis of the key trends in each sub-segment of the North America TFT LCD panel market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on size and application.
|Base Year of the Analysis||2020|
|Segment Coverage||Size, Application, Country|
|Countries Covered||United States, Canada, Mexico|
|Customization Scope||10% Free Customization|
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