Global LCD Color Filters Market 2018-2022

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Global LCD Color Filters Industry Overview

Technavio’s LCD  color filters market research report suggests the technological developments in LCD displays will proliferate the market’s growth during the predicted period. Owing to the continuously changing consumer behavior, there has been a considerable demand for high-resolution displays to support the high-bandwidth digital content. This has further encouraged manufacturers to adopt next-generation technologies such as display panels with the in-plane switching (IPS) technology and quantum dots technology for LCD displays. Consequently, LCD manufacturers from economies including Japan, South Korea, and Taiwan are increasingly incorporating IPS technology. For instance, Hitachi introduced the IPS technology for LCDs for enhancing LCD features including color quality improvement, low power consumption, and wide viewing angle of up to 170 degrees. Such technological investments are likely to boost the growth of the LCD color filters market during the predicted period.

With the emergence of quantum dot technology to enhance the contrast ratio and deliver a wide color gamut, several TV manufacturers are also collaborating with quantum dot suppliers to bring a wide color gamut to the mainstream TVs. For instance, LG Electronics entered in an agreement with Dow’s in 2015, for the supply of Nanoco’s cadmium-free quantum dots for Ultra HD TVs. These developments in the LCD market will eventually proliferate the LCD color filters market growth in the forthcoming years.

Companies covered

The LCD color filters market is moderately concentrated owing to the presence of a few vendors leveraging advanced technologies to offer superior display solutions. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this LCD color filters industry analysis report will aid clients in identifying new growth opportunities and designing innovative strategies for gaining a competitive edge in the competitive environment.

The report offers a complete analysis of various companies including:

• BOE Technology Group
• Dai Nippon Printing
• LG Display
• SAMSUNG ELECTRONICS
• SHARP (Hon Hai Precision Industry)

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LCD color filters market growth based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the APAC region will contribute to the highest growth of this market throughout the predicted period. Owing to the rising number of display manufacturers in the emerging economies including China, the region will continue to dominate the market throughout the predicted period.

LCD color filters market growth based on end-user

• Smartphone manufacturers
• TV manufacturers
• Notebook/laptop and PC manufacturers
• Tablet manufacturers

According to our market research experts, the smartphone manufacturers will account for the highest LCD color filters market growth. Additionally, the report also provides an accurate prediction of the contribution of the various end-user segments to the growth of the LCD color filters market size. Owing to the growing demand for smartphones with color filters, the need for LCD color filters has increased considerably during the predicted period.

Key highlights of the global LCD color filters market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the LCD color filters market during the next five years
• Precise estimation of the global LCD color filters market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the LCD color filters industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of LCD color filters companies

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