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July 30, 2020
The Display Panel Market is expected to grow at a CAGR of 4.2% over the forecast period 2020 to 2025. Display technologies have evolved over the years, aided by technological developments, to offer higher resolution, lower power consumption and more application.
According to a study by Intel Corporation, the revenue opportunity of the AR/VR market remains strong and is estimated to exceed USD 45 billion in LCD display sales by 2021. Furthermore, the hardware is expected to exceed 80 billion units by 2021, up significantly from the 9.4 billion units that were estimated to be sold in the intervening period.
On the display production front, panel production has been impacted by the coronavirus outbreak. For instance, China Star Optoelectronics Technology (CSTO) with plants in Wuhan, announced in February 2020, The expansion plans scheduled in the first half of 2020 for Chinese Gen 8.6 and Gen 10.5 LCD factories were pushed further due to the pandemic outbreak.
YD sinage is working closely with our suppliers and monitor the marekt trend, We would like to get the feedback from our clients and improve our design and products.