According to IMARC Group’s latest report, titled “TFT LCD Panel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global TFT LCD panel market size reached US$ 165.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 217.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.66% during 2023-2028.

The key factor driving the global TFT LCD panel market is the increasing demand for smartphones, tablets, and flat screens. This is further supported by the growing demand for portable, compact tablets in the business and educational sectors. Moreover, the rapidly expanding video game industry and the rising popularity of three-dimensional (3D) movies are bolstering the market growth. Moreover, the increasing adoption of the internet of things (IoT) and rapid technological advancements in display technology are accelerating the market growth. Apart from this, the surging product application across the automotive industry to manufacture infotainment systems, instrument clusters, and rear-seat entertainment systems and inflating consumer expenditure power are providing an impetus to the market growth.

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TFT LCD Panel Market Trends:

The key factor driving the global TFT LCD panel market is the increasing demand for smartphones, tablets, and flat screens. This is further supported by the growing demand for portable, compact tablets in the business and educational sectors. Moreover, the rapidly expanding video game industry and the rising popularity of three-dimensional (3D) movies are bolstering the market growth. Moreover, the increasing adoption of the internet of things (IoT) and rapid technological advancements in display technology are accelerating the market growth. Apart from this, the surging product application across the automotive industry to manufacture infotainment systems, instrument clusters, and rear-seat entertainment systems and inflating consumer expenditure power are providing an impetus to the market growth.

TFT LCD Panel Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the TFT LCD panel market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • LG Electronics Inc.
  • Samsung Electronics Co., Ltd
  • Innolux Corporation
  • AU Optronics Corp.
  • Sharp Corporation

Key Market Segmentation:

The report has segmented the global TFT LCD panel market on the basis of size, technology, application and region.

Breakup by Size:

  • Large Size TFT-LCD Display Panel
  • Medium and Small Size TFT-LCD Display Panel

Breakup by Technology:

  • 8th Generation
  • Other Generations

Breakup by Application:

  • Television
  • Mobile Phones
  • Mobile PCs
  • Monitors
  • Automotive
  • Others

Breakup by Region:

  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
  • Middle East and Africa ( Turkey, Saudi Arabia, Iran, South Africa, United Arab Emirates, Others)

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Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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