TFT 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. TFT's are gaining importance in almost all the industries wherever displays are required. They find applications in several electronic goods including cell phones, portable video game devices, televisions, laptops, desktops, among others. These devices are also used in automotive industry, navigation and medical equipment, laser pointer astronomy, SLR cameras and digital photo frames which is likely to drive the TFT LCD panel market. In the recent years, LCDs have gained popularity due to their auspicious properties including less power consumption, compact size and low price in comparison to other display panels. This is one of the key aspect which is driving the growth of the TFT LCD panel market.
MARKET DYNAMICS
The rising demand for larger and 4K televisions, fuelled by rising standards of living and inflating disposable incomes, signifies another key factor for the TFT LCD panel market growth. Easy installation of LCD glass substrates, technological advancements along with a worldwide boost in gaming industry are some of the other factors which are positively influencing the TFT LCD panel growth of the market. However, the availability of alternative display panels like LED coupled with the high costs of production as well as raw materials mighty hamper the growth of the global TFT LCD panel market.
MARKET SCOPE
The "Global TFT LCD Panel Market Analysis to 2028" is a specialized and in-depth study of TFT LCD panel with a special focus on the global market trend analysis. The report aims to provide an overview of TFT LCD panel with detailed market segmentation by size, and application. The global TFT LCD panel market is expected to witness high growth during the forecast period. The report provides key statistics on the TFT LCD panel market and offers key trends and opportunities in TFT LCD panel market.
MARKET SEGMENTATION
The TFT LCD panel market is segmented on the basis of size, and application. On the basis of size, market is segmented as Large Size TFT-LCD display panel, medium and small size TFT-LCD Display Panel. On the basis of Application, market is segmented as Television, mobile phones, mobile pcs, monitors, automotive, and others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global TFT LCD panel market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The global TFT LCD panel market by each region is later sub-segmented by respective countries and segments.
The report analyzes factors affecting TFT LCD Panel market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological effecting the TFT LCD Panel market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global TFT LCD panel market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The global TFT LCD panel market by each region is later sub-segmented by respective countries and segments.
The report analyzes factors affecting TFT LCD Panel market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological effecting the TFT LCD Panel market in these regions.
MARKET PLAYERS
The reports cover key developments in the TFT LCD Panel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from TFT LCD Panel market are anticipated to lucrative growth opportunities in the future with the rising demand for TFT LCD Panel in the global market. Below mentioned is the list of few companies engaged in the TFT LCD Panel market.
The report also includes the profiles of TFT LCD Panel market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AU OPTRONICS CORPORATION
- Distronik Gmbh
- Hannstar display corporation
- INNOLUX CORPORATION
- LG Electronics Inc.
- New Vision Display (Shenzhen)
- RAYSTAR OPTRONICS, INC.
- Samsung Electronics Co., Ltd.
- SHARP CORPORATION
- WINSTAR Display Co., Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 TFT LCD Panel Market - By Size
1.3.2 TFT LCD Panel Market - By Application
1.3.3 TFT LCD Panel Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. TFT LCD PANEL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. TFT LCD PANEL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. TFT LCD PANEL MARKET - GLOBAL MARKET ANALYSIS
6.1. TFT LCD PANEL - GLOBAL MARKET OVERVIEW
6.2. TFT LCD PANEL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. TFT LCD PANEL MARKET - REVENUE AND FORECASTS TO 2028 - SIZE
7.1. OVERVIEW
7.2. SIZE MARKET FORECASTS AND ANALYSIS
7.3. LARGE SIZE TFT-LCD DISPLAY PANEL
7.3.1. Overview
7.3.2. Large Size TFT-LCD Display Panel Market Forecast and Analysis
7.4. MEDIUM AND SMALL SIZE TFT-LCD DISPLAY PANEL
7.4.1. Overview
7.4.2. Medium and Small Size TFT-LCD Display Panel Market Forecast and Analysis
8. TFT LCD PANEL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TELEVISION
8.3.1. Overview
8.3.2. Television Market Forecast and Analysis
8.4. MOBILE PHONES
8.4.1. Overview
8.4.2. Mobile Phones Market Forecast and Analysis
8.5. MOBILE PCS
8.5.1. Overview
8.5.2. Mobile PCs Market Forecast and Analysis
8.6. MONITORS
8.6.1. Overview
8.6.2. Monitors Market Forecast and Analysis
8.7. AUTOMOTIVE
8.7.1. Overview
8.7.2. Automotive Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. TFT LCD PANEL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America TFT LCD Panel Market Overview
9.1.2 North America TFT LCD Panel Market Forecasts and Analysis
9.1.3 North America TFT LCD Panel Market Forecasts and Analysis - By Size
9.1.4 North America TFT LCD Panel Market Forecasts and Analysis - By Application
9.1.5 North America TFT LCD Panel Market Forecasts and Analysis - By Countries
9.1.5.1 United States TFT LCD Panel Market
9.1.5.1.1 United States TFT LCD Panel Market by Size
9.1.5.1.2 United States TFT LCD Panel Market by Application
9.1.5.2 Canada TFT LCD Panel Market
9.1.5.2.1 Canada TFT LCD Panel Market by Size
9.1.5.2.2 Canada TFT LCD Panel Market by Application
9.1.5.3 Mexico TFT LCD Panel Market
9.1.5.3.1 Mexico TFT LCD Panel Market by Size
9.1.5.3.2 Mexico TFT LCD Panel Market by Application
9.2. EUROPE
9.2.1 Europe TFT LCD Panel Market Overview
9.2.2 Europe TFT LCD Panel Market Forecasts and Analysis
9.2.3 Europe TFT LCD Panel Market Forecasts and Analysis - By Size
9.2.4 Europe TFT LCD Panel Market Forecasts and Analysis - By Application
9.2.5 Europe TFT LCD Panel Market Forecasts and Analysis - By Countries
9.2.5.1 Germany TFT LCD Panel Market
9.2.5.1.1 Germany TFT LCD Panel Market by Size
9.2.5.1.2 Germany TFT LCD Panel Market by Application
9.2.5.2 France TFT LCD Panel Market
9.2.5.2.1 France TFT LCD Panel Market by Size
9.2.5.2.2 France TFT LCD Panel Market by Application
9.2.5.3 Italy TFT LCD Panel Market
9.2.5.3.1 Italy TFT LCD Panel Market by Size
9.2.5.3.2 Italy TFT LCD Panel Market by Application
9.2.5.4 United Kingdom TFT LCD Panel Market
9.2.5.4.1 United Kingdom TFT LCD Panel Market by Size
9.2.5.4.2 United Kingdom TFT LCD Panel Market by Application
9.2.5.5 Russia TFT LCD Panel Market
9.2.5.5.1 Russia TFT LCD Panel Market by Size
9.2.5.5.2 Russia TFT LCD Panel Market by Application
9.2.5.6 Rest of Europe TFT LCD Panel Market
9.2.5.6.1 Rest of Europe TFT LCD Panel Market by Size
9.2.5.6.2 Rest of Europe TFT LCD Panel Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific TFT LCD Panel Market Overview
9.3.2 Asia-Pacific TFT LCD Panel Market Forecasts and Analysis
9.3.3 Asia-Pacific TFT LCD Panel Market Forecasts and Analysis - By Size
9.3.4 Asia-Pacific TFT LCD Panel Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific TFT LCD Panel Market Forecasts and Analysis - By Countries
9.3.5.1 Australia TFT LCD Panel Market
9.3.5.1.1 Australia TFT LCD Panel Market by Size
9.3.5.1.2 Australia TFT LCD Panel Market by Application
9.3.5.2 China TFT LCD Panel Market
9.3.5.2.1 China TFT LCD Panel Market by Size
9.3.5.2.2 China TFT LCD Panel Market by Application
9.3.5.3 India TFT LCD Panel Market
9.3.5.3.1 India TFT LCD Panel Market by Size
9.3.5.3.2 India TFT LCD Panel Market by Application
9.3.5.4 Japan TFT LCD Panel Market
9.3.5.4.1 Japan TFT LCD Panel Market by Size
9.3.5.4.2 Japan TFT LCD Panel Market by Application
9.3.5.5 South Korea TFT LCD Panel Market
9.3.5.5.1 South Korea TFT LCD Panel Market by Size
9.3.5.5.2 South Korea TFT LCD Panel Market by Application
9.3.5.6 Rest of Asia-Pacific TFT LCD Panel Market
9.3.5.6.1 Rest of Asia-Pacific TFT LCD Panel Market by Size
9.3.5.6.2 Rest of Asia-Pacific TFT LCD Panel Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa TFT LCD Panel Market Overview
9.4.2 Middle East and Africa TFT LCD Panel Market Forecasts and Analysis
9.4.3 Middle East and Africa TFT LCD Panel Market Forecasts and Analysis - By Size
9.4.4 Middle East and Africa TFT LCD Panel Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa TFT LCD Panel Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa TFT LCD Panel Market
9.4.5.1.1 South Africa TFT LCD Panel Market by Size
9.4.5.1.2 South Africa TFT LCD Panel Market by Application
9.4.5.2 Saudi Arabia TFT LCD Panel Market
9.4.5.2.1 Saudi Arabia TFT LCD Panel Market by Size
9.4.5.2.2 Saudi Arabia TFT LCD Panel Market by Application
9.4.5.3 U.A.E TFT LCD Panel Market
9.4.5.3.1 U.A.E TFT LCD Panel Market by Size
9.4.5.3.2 U.A.E TFT LCD Panel Market by Application
9.4.5.4 Rest of Middle East and Africa TFT LCD Panel Market
9.4.5.4.1 Rest of Middle East and Africa TFT LCD Panel Market by Size
9.4.5.4.2 Rest of Middle East and Africa TFT LCD Panel Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America TFT LCD Panel Market Overview
9.5.2 South and Central America TFT LCD Panel Market Forecasts and Analysis
9.5.3 South and Central America TFT LCD Panel Market Forecasts and Analysis - By Size
9.5.4 South and Central America TFT LCD Panel Market Forecasts and Analysis - By Application
9.5.5 South and Central America TFT LCD Panel Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil TFT LCD Panel Market
9.5.5.1.1 Brazil TFT LCD Panel Market by Size
9.5.5.1.2 Brazil TFT LCD Panel Market by Application
9.5.5.2 Argentina TFT LCD Panel Market
9.5.5.2.1 Argentina TFT LCD Panel Market by Size
9.5.5.2.2 Argentina TFT LCD Panel Market by Application
9.5.5.3 Rest of South and Central America TFT LCD Panel Market
9.5.5.3.1 Rest of South and Central America TFT LCD Panel Market by Size
9.5.5.3.2 Rest of South and Central America TFT LCD Panel Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. TFT LCD PANEL MARKET, KEY COMPANY PROFILES
11.1. AU OPTRONICS CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. DISTRONIK GMBH
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HANNSTAR DISPLAY CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. INNOLUX CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LG ELECTRONICS INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NEW VISION DISPLAY (SHENZHEN) TECHNOLOGY CO, LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. RAYSTAR OPTRONICS, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SAMSUNG ELECTRONICS CO., LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SHARP CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WINSTAR DISPLAY CO., LTD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. AU OPTRONICS CORPORATION
2. Distronik Gmbh
3. Hannstar display corporation
4. INNOLUX CORPORATION
5. LG Electronics Inc.
6. New Vision Display (Shenzhen) Technology Co, Ltd
7. RAYSTAR OPTRONICS, INC.
8. Samsung Electronics Co., Ltd.
9. SHARP CORPORATION
10. WINSTAR Display Co., Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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