Market Overview 2023-2028:
The global TFT LCD panel market size reached US$ 165.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 217.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.66% during 2023-2028.
TFT (Thin Film Transistor) is an active-matrix LCD along with an improved image quality where one transistor for every pixel controls the illumination of the display enabling an easy view even in bright environments. This technology currently represents the most popular LCD display technology and accounts for the majority of the global display market. Being light in weight, slim in construction, high in resolution with low power consumption, TFT’s are gaining prominence in almost all the industries wherever displays are required. They find applications in various electronic goods such as cell phones, portable video game devices, televisions, laptops, desktops, etc. They are also used in automotive industry, navigation and medical equipment, laser pointer astronomy, SLR cameras and digital photo frames.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global TFT LCD panel market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on size, technology and application.
Breakup by Size:
- Large Size TFT-LCD Display Panel
- Medium and Small Size TFT-LCD Display Panel
On the basis of size, large sized panels dominated the global TFT LCD display market.
Breakup by Technology:
- 8th Generation
- Other Generations
On the basis of technology, the report found that the 8th generation represented the most popular TFT LCD technology.
Breakup by Application:
- Mobile Phones
- Mobile PCs
On the basis of applications, the television industry accounted for the largest share in the global TFT LCD market.
Breakup by Region:
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Geography-wise, North America represented the largest market accounting for more than one-third of the total global TFT LCD panel sales.
The report has also covered some of the major players operating in this market
- LG Electronics Inc.
- Samsung Electronics Co., Ltd
- Innolux Corporation
- AU Optronics Corp.
- Sharp Corporation
This report provides a deep insight into the global TFT LCD panel industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a TFT LCD manufacturing plant. The study analyses the manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the TFT LCD panel industry in any manner.
|Base Year of the Analysis
||Million Units, US$ Billion
||Size, Technology, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||LG Electronics Inc., Samsung Electronics Co., Ltd, Innolux Corporation, AU Optronics Corp. and Sharp Corporation
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