TFT-LCD Market Definition
TFT-LCD is a type of liquid crystal display that makes use of thin-film transistor technology in order to improve qualities such as addressability and contrast. Thin-film transistor technology means that a different transistor is used to drive each individual pixel, allowing for faster response times. TFT-LCD technology are built by layering thin films on a glass substrate, and this technique is commonly used for creating microprocessors. Rising use of the TFT-LCD in the Consumer electronic device has led to significant growth of the market over the forecast period.
The market study is broken down by Type (Large TFT-LCD and Medium and Small TFT-LCD), by Application (LCD Monitor, Television, Laptops, Tablets, Mobile Phones, Automotive Displays and Others) and major geographies with country level splits.
The Players having a strong hold in the market are Sony Corporation, BASF SE, Panasonic Corporation, and LG Display Co. Ltd.. Research Analyst at AMA estimates that Asian Players will contribute to the maximum growth of Global TFT-LCD market throughout the predicted period.
Sony Corporation (Japan), BASF SE (Germany), Panasonic Corporation (Japan), LG Display Co. Ltd. (South Korea), Samsung Corporation (South Korea), Fujitsu Ltd. (Japan), BOE Technology Group Co., Ltd. ( China), Toshiba Corporation (Japan), Sharp Corporation (Japan) and Winstar Display Co. Ltd. (Taiwan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are AU Optronics (Taiwan) and Innolux Corporation (Taiwan).
AdvanceMarketAnalytics has segmented the market of Global TFT-LCD market by Type, Application and Region.
On the basis of geography, the market of TFT-LCD has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-User Industry, the sub-segment i.e. Consumer Electronics will boost the TFT-LCD market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 9, March 2018, Gas Turbine Controls (GTC) has introduced its LCD Thin Film Transistor (TFT), which will replace the outdated CRT of Speedtronic Mark IV.
- Thin-film Transistor Technology is Widely used in Flat-Panel Displays Found in Computers, Televisions, Smartphones, and Laptops
- Increasing Demand for Consumer Electronics from the People in Emerging Economies
- Growing Semiconductor Manufacturing Industry in Developing Countries like India, China
- Increasing Demand of Compact Size, Low Power Consumption Displays, and Reduced Weight in Consumer Electronic Goods
- Reboust Competitory Rivalry might Stagnant Demand of the TFT-LCD Market
Key Target AudienceTFT-LCD Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About ApproachThe research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
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