Global TFT-LCD Market Growth 2023-2029

Global TFT-LCD Market Growth 2023-2029

A thin-film-transistor liquid-crystal display (TFT-LCD) is a variant of a liquid-crystal display (LCD) that uses thin-film transistor (TFT) technology to improve image qualities such as addressability and contrast. A TFT-LCD is an active-matrix LCD, in contrast to passive-matrix LCDs or simple, direct-driven LCDs with a few segments.

TFT LCDs are used in appliances including televisions, desktop monitors, notebook PC, tablet PC, mobile phones, handheld video game systems, personal digital assistants, navigation systems and projectors.

TFT LCDs are also used in car instrument clusters because they allow the driver to customize the cluster, as well as being able to provide an analogue-like display with digital elements.

LPI (LP Information)' newest research report, the “TFT-LCD Industry Forecast” looks at past sales and reviews total world TFT-LCD sales in 2022, providing a comprehensive analysis by region and market sector of projected TFT-LCD sales for 2023 through 2029. With TFT-LCD sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world TFT-LCD industry.

This Insight Report provides a comprehensive analysis of the global TFT-LCD landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on TFT-LCD portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global TFT-LCD market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for TFT-LCD and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global TFT-LCD.

The global TFT-LCD market size is projected to grow from US$ 102350 million in 2022 to US$ 87730 million in 2029; it is expected to grow at a CAGR of 87730 from 2023 to 2029.

Global TFT-LCD key players include LG Display, Innolux, AUO, Samsung, Sharp, etc. Global top five manufacturers hold a share over 55%.

China is the largest market, with a share over 30%, followed by South Korea and China Taiwan, both have a share over 45%.

In terms of product, Large TFT-LCD is the largest segment, with a share over 95%. And in terms of application, the largest application is LCD TV, followed by Notebook PC, LCD Monitor, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of TFT-LCD market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Large TFT-LCD

Medium and Small TFT-LCD

Segmentation by application

Notebook PC

9"Tablet PC

Mini-Note PC

LCD Monitor

LCD TV

Public Display

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

LG Display

Innolux

AUO

Samsung Display

Sharp

BOE

Japan Display

CSOT

Tianma

CPT

CEC-Panda

Hannstar

Key Questions Addressed in this Report

What is the 10-year outlook for the global TFT-LCD market?

What factors are driving TFT-LCD market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do TFT-LCD market opportunities vary by end market size?

How does TFT-LCD break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.