About LCD Panel
LCD panel that is liquid-crystal display panel is refer as a flat-panel display or other modulated electronically optical device which uses the properties of light-modulating of the liquid crystals. Liquid crystals does not emit light directly, instead using a reflector or backlight to produce images in monochrome or color. LCDs are basically used in a various range of applications, which includes LCD televisions, instrument panels, computer monitors, aircraft cockpit displays, and indoor and outdoor signage.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies Analyst at AMA Research estimates that Japanese Vendors will contribute the maximum growth to Global LCD Panel market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung (South Korea), SONY (Japan), Sharp (Japan), Panasonic (Japan), Toshiba (Japan), LG (South Korea), Seiki (United States), Christie (United States), NEC (Japan) and Epson (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are InnoLux, Hisense, Konka, TCL, Changhong and Skyworth.
Segmentation Overview
AMA Research has segmented the market of Global LCD Panel market by Type (720P, 1080P and 4KP), Application (Home Appliance and Commercial Appliance) and Region.
On the basis of geography, the market of LCD Panel 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 Distribution Channel, the sub-segment i.e. Offline will boost the LCD Panel market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid advancement in technology related to LCD and its panel
Market Growth Drivers:
Growing adoption of LCD as home as well as commercial appliances and Continuous release of new upcoming models in LCD panel
Challenges:
High demand and competition among the diverse product specifications
Restraints:
Saturated growth and declining in the shipment of displays
Opportunities:
Growing number of vendors adopting LCD panel in various regions
Market Leaders and their expansionary development strategies
In October 2023 , Leia Inc.,the global leader in 3D display technology announced that the acquisition of Dimenco B.V., it has acquired the 3D Display patent portfolio of Royal Philips. With this strategic investment, Leia significantly strengthens its technology and IP position in 3D display technology.
In September 2020, ViewSonic Corp., a leading global provider of visual solutions, is introduced its latest All-in-One Direct View LED Displays, a brand-new addition to the large-size presentation display sector. Different from traditional LED displays, these new displays integrate display, image stitching, power supply, and control systems into one device that offers easy installation, operation, and maintenance. The elegant design of the All-in-One Direct View LED Display elevates the seamless viewing experience and easily merges with the surrounding environment in spaces such as lobbies, auditoriums, boardrooms, and conference rooms.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.