Global TFT LCD Market 2023-2027
The TFT LCD market is forecasted to grow by USD 38.46 bn during 2022-2027, accelerating at a CAGR of 4.75% during the forecast period. The report on the TFT LCD market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing popularity of digital signage applications, production capacity expansion by vendors, and the growing need for high-performance displays.
Technavio's TFT lcd market is segmented as below:
By Application
- Television
- Mobile phones
- Monitors
- Others
By Type
- Large displays
- Small
- Medium displays
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the launch of new products as one of the prime reasons driving the TFT LCD market growth during the next few years. Also, advancements in TFT LCD technology and the increasing use of TFT LCDs in the automotive industry will lead to sizable demand in the market.
The report on the TFT LCD market covers the following areas:
- TFT LCD market sizing
- TFT LCD market forecast
- TFT LCD market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading TFT LCD market vendors that include AUO Corp., BOE Technology Group Co. Ltd., E Ink Holdings Inc., FORMIKE ELECTRONIC CO. LTD., Hannstar Display Corp., HannsTouch Solution Inc., Hitachi Ltd., Innolux Corp., Japan Display Inc., LG Electronics Inc., Midas Components Ltd., Orient Display USA Corp., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., STONE Technologies, TCL Electronics Holdings Ltd., Tianma Microelectronics Co. Ltd., Truly International Holdings Ltd., Zhejiang Xinli Optoelectronic Technology Co. Ltd., and Sharp Corp.. Also, the TFT LCD market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.