Global Large Area LCD Display Market 2015-2019
Market outlook of the global large area LCD display market
An LCD display panel consists of different components like a polarizer, a color filter, and an LCD glass substrate. The advantage of LCDs over other display technologies is the relative ease of displaying content according to need. In terms of revenue, Technavio’s market research analyst has estimated this market to post a modest market growth rate of more than 2% by 2019. The advent of 3D TVs and UHD TVs is expected to bolster market growth during the next four years.
The augmented end-user application of TFT LCDs is a major driving factor for the growth of this market. Large area LCDs, which are used in display systems such as TVs, monitors, and notebooks, are currently finding huge applications in the education and advertising industries. This increasing applicability of large area LCDs is expected to foster market growth during the forecast period.
Competitive landscape and key vendors
Vendors operating in this market focus on establishing relationships with their customers in order to sustain themselves in the market. Competition in this market is intense due to the limited number of customers. Additionally, most of the vendors are established in the APAC region, which is considered to have the highest potential for growth during the forecast period.
Key vendors in this market are -
- AU Optronics
- LG Display
- Samsung Display
Other prominent vendors are BOE Technology Group, Chunghwa Picture Tubes (CPT), HannsTouch Solution, InfoVision Optoelectronics, Panasonic, and Sharp.
Application-based segmentation of the large area LCD display market
- Small and medium area displays
- Large area displays
In this market study, Technavio market research analysts estimate the large area displays segment to be the highest revenue generating segment during the forecast period. This segment is envisaged to account for approximately 82% of the total market revenue due to the growing global demand for TFT LCDs in the automotive sector for infotainment systems.
Geographical segmentation of the large area LCD display market
Geographically, the APAC region is expected to account for more than 83% of the total market share by 2019. High market share of this region can be attributed to the high concentration of display device manufacturers and LCD panel manufacturers in the APAC.
Key questions answered in the report include
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the global large area LCD display market?
- What are the key market trends impacting the growth of the global large area LCD display market?
- What are the challenges to market growth?
- Who are the key vendors in the global large area LCD display market?
- What are the market opportunities and threats faced by the vendors in the global large area LCD display market?
- What are the key outcomes of the five forces analysis of the global large area LCD display market?
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