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Report
Global Medium and Small TFT-LCD Display Panel Market Report and Forecast 2024-2032
Market Report I 2024-06-20 I 172 Pages I EMR Inc.
Global Medium and Small TFT-LCD Display Panel Market Report and Forecast 2024-2032
Market outlook
According to the report by Expert Market Research (EMR), the medium and small TFT-LCD display panel market size reached a value of USD 62.01 billion in 2023. Aided by increasing demand for high-resolution displays and the growing applications of TFT-LCD panels in various sectors, the market is projected to further grow at a CAGR of 5.1% between 2024 and 2032 to reach a value of USD 97.18 billion by 2032.
Thin Film Transistor-Liquid Crystal Display (TFT-LCD) is a type of LCD that uses thin-film transistor technology to improve image quality. TFT-LCD panels are widely used in various applications, including smartphones, tablets, automotive displays, industrial equipment, medical devices, and gaming consoles. These panels offer superior image quality, high resolution, and excellent colour accuracy, making them a popular choice for medium and small display applications.
The increasing demand for high-resolution displays is driving the medium and small TFT-LCD display panel market growth. With the growing consumer preference for high-definition (HD) and ultra-high-definition (UHD) displays, there has been a significant surge in the demand for TFT-LCD panels. The rising popularity of smartphones, tablets, and gaming devices with high-resolution displays is further propelling the market growth. Additionally, the increasing adoption of advanced display technologies in automotive and industrial applications is contributing to the market expansion.
The expanding applications of TFT-LCD panels in various sectors also play a significant role in propelling the market. In the automotive sector, TFT-LCD panels are used in infotainment systems, instrument clusters, and head-up displays (HUDs). The growing demand for advanced driver assistance systems (ADAS) and in-car entertainment systems is driving the adoption of TFT-LCD panels in the automotive sector. In the medical sector, TFT-LCD panels are used in diagnostic equipment, patient monitoring systems, and medical imaging devices. The increasing demand for high-quality displays in medical applications is boosting the market growth.
Moreover, advancements in TFT-LCD technology are driving innovation and development in the market. The introduction of new technologies, such as in-cell and on-cell touch integration, flexible displays, and mini-LED backlighting, has enhanced the performance and functionality of TFT-LCD panels. These advancements enable the production of thinner, lighter, and more energy-efficient displays with improved touch sensitivity and brightness. The growing adoption of advanced TFT-LCD panels with enhanced features is driving the market growth, consequently driving up the medium and small TFT-LCD display panel market share.
The growing focus on energy efficiency and environmental sustainability is also contributing to the market growth. TFT-LCD panels consume less power compared to other display technologies, making them an energy-efficient option for various applications. The increasing emphasis on reducing carbon emissions and promoting sustainable practices is driving the adoption of energy-efficient display technologies. Additionally, the development of eco-friendly materials and manufacturing processes for TFT-LCD panels is further supporting the market growth.
As per the medium and small TFT-LCD display panel market analysis, the regulatory environment plays a crucial role in shaping the market. Governments and regulatory bodies across the world are actively supporting the development and deployment of high-quality and energy-efficient display technologies. Various regulations and standards, such as the Restriction of Hazardous Substances (RoHS) and the Energy Star program, are promoting the use of environmentally friendly materials and energy-efficient technologies in display manufacturing. These regulatory efforts are providing a favourable environment for the growth of the market.
Market Segmentation
The market can be divided based on display size, application, end use, and region
Market Breakup by Display Size
- Less than 4 inches
- 4-6 inches
- 7-11 inches
- Above 11 inches
Market Breakup by Application
- HDMI Display
- Touch Screen Display
- Sunlight Readable Display
- High-Resolution LCD
- Cost Value Display
- Others
Market Breakup by End Use
- Electronics
- Manufacturing
- Medical Devices
- Transport
- Commercial
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global medium and small TFT-LCD display panel market. some of the major players explored in the report by expert market research are as follows:
- Samsung Electronics Co., Ltd.
- LG Display Co., Ltd
- Japan Display Inc.
- Sharp Corporation
- BOE Technology Group Co., Ltd.
- Digiwise International Corporation
- Raystar Optronics, Inc.
- Jiangxi Huaersheng Technology Co Ltd
- Tailer Pixels
- Proculus Technologies Co Ltd
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Medium and Small TFT-LCD Display Panel Market Analysis
8.1 Key Industry Highlights
8.2 Global Medium and Small TFT-LCD Display Panel Historical Market (2018-2023)
8.3 Global Medium and Small TFT-LCD Display Panel Market Forecast (2024-2032)
8.4 Global Medium and Small TFT-LCD Display Panel Market by Display Size
8.4.1 Less than 4 inches
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 4-6 inches
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 7-11 inches
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Above 11 inches
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Medium and Small TFT-LCD Display Panel Market by Application
8.5.1 HDMI Display
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Touch Screen Display
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Sunlight Readable Display
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 High-Resolution LCD
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Cost Value Display
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Medium and Small TFT-LCD Display Panel Market by End Use
8.6.1 Electronics
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Manufacturing
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Medical Devices
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Transport
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Commercial
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Others
8.7 Global Medium and Small TFT-LCD Display Panel Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.1.3
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Medium and Small TFT-LCD Display Panel Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Medium and Small TFT-LCD Display Panel Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Medium and Small TFT-LCD Display Panel Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 South Korea
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Taiwan
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Others
12 Latin America Medium and Small TFT-LCD Display Panel Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Medium and Small TFT-LCD Display Panel Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Samsung Electronics Co., Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 LG Display Co., Ltd
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Japan Display Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Sharp Corporation
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 BOE Technology Group Co., Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Digiwise International Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Raystar Optronics, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Jiangxi Huaersheng Technology Co Ltd
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Tailer Pixels
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Proculus Technologies Co Ltd
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Medium and Small TFT-LCD Display Panel Market: Key Industry Highlights, 2018 and 2032
2. Global Medium and Small TFT-LCD Display Panel Historical Market: Breakup by Display Size (USD Billion), 2018-2023
3. Global Medium and Small TFT-LCD Display Panel Market Forecast: Breakup by Display Size (USD Billion), 2024-2032
4. Global Medium and Small TFT-LCD Display Panel Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Medium and Small TFT-LCD Display Panel Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Medium and Small TFT-LCD Display Panel Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Medium and Small TFT-LCD Display Panel Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Medium and Small TFT-LCD Display Panel Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Medium and Small TFT-LCD Display Panel Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Medium and Small TFT-LCD Display Panel Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Medium and Small TFT-LCD Display Panel Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Medium and Small TFT-LCD Display Panel Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Medium and Small TFT-LCD Display Panel Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Medium and Small TFT-LCD Display Panel Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Medium and Small TFT-LCD Display Panel Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Medium and Small TFT-LCD Display Panel Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Medium and Small TFT-LCD Display Panel Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Medium and Small TFT-LCD Display Panel Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Medium and Small TFT-LCD Display Panel Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Medium and Small TFT-LCD Display Panel Market Structure
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