Global Liquid Crystal Display Television Market Overview:
Liquid crystal displays television has thin, polarized glass to block light creating a visible picture from the front side. The main reason as to how liquid crystal display television differs from other television is how they produce light behind the screen. These are considered to consume much less power than plasma displays. They range from two types of the matrix that is active matrix LCD and passive matrix LCD.
- Growing Demand for Energy Efficient Home Appliances
- Demand for Liquid Crystal Display Television in Educational Applications
- Decrease in Production of Liquid Crystal Display Television with Slowdown of Market due to the Pandemic
- Rising E-commerce Availability fo Liquid Crystal Display Television
- Increasing Branding and Advertisement of Liquid Crystal Display Television
- Availability of Substitute Liquid Crystal Display Television in the Market in Cheaper Quality
Some of the key players profiled in the report are LG Electronics (South Korea), Panasonic Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Sony Corporation (Japan), Samsung (South Korea), Toshiba Corporation (Japan), Nelson-Miller (United States), Hisense Group (China) and MediaTek Inc (Taiwan). Considering Market by Screen Size, the sub-segment i.e. 21 Inch will boost the Liquid Crystal Display Television market. Considering Market by Sales Channel, the sub-segment i.e. Offline will boost the Liquid Crystal Display Television market.
On 29th December 2020, LG Electronics will launch a new liquid crystal display (LCD) TV called QNED TV that uses MiniLED as the backlight. The company on Tuesday unveiled the TV at an online press event in South Korea. LG QNED TV will have a technology called quantum nano cell color technology, which combines nano cell and quantum dot technologies.
"As per the information provided by India Cellular and Electronics Association (ICEA), after imposition of BCD on open cells vide Customs Notification No.32/2018 dated 23.03.2018, the largest TV manufacturer in India had stopped its production activity and shifted the operations to Vietnam and started importing finished TVs under the ASEAN-India FTA. The government has removed 5% Basic Customs Duty (BCD) on open-cell (15.6” and above) for use in the manufacture of Liquid Crystal Display (LCD) and Light Emitting Diode (LED) TV Panels vide."
What Can be Explored with the Liquid Crystal Display Television Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Liquid Crystal Display Television Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Liquid Crystal Display Television
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Liquid Crystal Display Television market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Liquid Crystal Display Television market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Liquid Crystal Display Television Manufacturers, Liquid Crystal Display Television International Traders, Liquid Crystal Display Television Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Liquid Crystal Display Television Market?
The Liquid Crystal Display Television market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Liquid Crystal Display Television Market?
Top performing companies in the Global Liquid Crystal Display Television market are LG Electronics (South Korea), Panasonic Corporation (Japan), Koninklijke Philips N.V. (Netherlands), Sony Corporation (Japan), Samsung (South Korea), Toshiba Corporation (Japan), Nelson-Miller (United States), Hisense Group (China) and MediaTek Inc (Taiwan), to name a few.
3. What trending factors would impact Liquid Crystal Display Television Market growth most?
"Availability of Range of Sizes in Liquid Crystal Display Television" is seen as one of major influencing trends for Liquid Crystal Display Television Market during projected period 2020-2026.