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Download Free sampleThe global TFT-LCD market was valued at 10568.56 Million USD in 2021 and will grow with a CAGR of 1.94% from 2021 to 2027, based on Research newly published report.
The prime objective of TFT-LCD Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, TFT-LCD Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A thin-film-transistor liquid-crystal display (TFT-LCD) is a variant of a liquid-crystal display (LCD) that uses thin-film transistor (TFT) technology to improve image qualities such as addressability and contrast. A TFT-LCD is an active-matrix LCD, in contrast to passive-matrix LCDs or simple, direct-driven LCDs with a few segments.TFT LCDs are used in appliances including televisions, desktop monitors, notebook PC, tablet PC, mobile phones, handheld video game systems, personal digital assistants, navigation systems and projectors. TFT LCDs are also used in car instrument clusters because they allow the driver to customize the cluster, as well as being able to provide an analogue-like display with digital elements. The TFT-LCD industry touched the bottom in 2011, then has warmed up slowly since 2012 and is expected to reach its peak in early 2015, but it will fall into another lengthy decline stage by 2016. After the TFT-LCD industry slumped, TFT-LCD vendors in different countries chose varying countermeasures. South Korean vendors represented by Samsung strived to explore the OLED field. In Japan, Sharp transferred to be a small and medium-sized panel vendor, produced mobile phone panels with 8.5-generation lines and vigorously developed IGZO technology. Hitachi, Sony and Toshiba set up a joint venture Japan Display (referred to as JDI) to develop LTPS technology. Taiwanese vendors developed 4K HD technology. Chinese mainland vendors promoted the construction of new production lines at low costs aggressively. As a result, Chinese mainland vendors are the most notable winners, followed by Taiwanese and Japanese counterparts.
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