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What is the forecast outlook of the market for 2021-2026 ?

October 25, 2021

The global TFT-LCD display panel market attained a value of USD 164 billion in 2020, driven by the growth in the demand for consumer electronics. Aided by the rising demand in the educational and commercial sectors, especially in the developing regions, the industry is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 5.2%. The industry is projected to reach USD 223 billion by 2026.

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its sizes, the market can be segmented into large size and medium and small size. On the basis of application, the industry can be segmented into televisions, mobile phones, monitors, mobile PCs, and automotive, among others. The major regional markets for TFT-LCD display panel are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include Samsung Electronics Co. Ltd., LG Electronics Inc., Sharp Corporation, BOE Technology Group Co., Ltd., and AU Optronics Corp, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.