2020 LCD Panel Industry Status And Development Prospect Analysis

- Sep 30, 2020-

The LCD panel is the heart of the liquid crystal display, accounting for more than 80% of the cost of the entire product. Its quality will directly affect the display's color, brightness, contrast, viewing angle and other functional parameters and display effects.

Liquid crystal display (LCD) technology information products are currently developing towards the goal of being light, thin, short and small, and display products with a long history in computer peripherals are certainly no exception. Under the premise of being easy to carry and transport, traditional display methods such as CRT video tube displays and LED display panels are subject to factors such as excessive volume or huge power consumption, and cannot meet the actual needs of users. The development of liquid crystal display technology is in line with the current trend of information products. Whether it is a right-angle display, low power consumption, small size, or zero radiation, users can enjoy the best visual environment.

The total global shipments of LCD TV panels in 2019 were 283 million units. Among them, there is an oversupply of LCD TV panels in mainland China, and prices have fallen sharply. Due to the decline in panel prices, Korean manufacturers have withdrawn or suspended LCD TV panel production. Taiwanese LCD TV panel manufacturers have also moved to the wider-view IT panel industry with higher added value. In 2019, China’s LCD TV panel shipments were 137 million units, South Korea’s shipments were 75 million units, Taiwan’s shipments were 67.5 million units, and Japan’s shipments were only 7.6 million units.

At present, panel manufacturers mainly come from China, Taiwan, Japan and South Korea. In addition to the traditionally powerful Japanese and South Korean companies and the earlier Chinese Taiwanese companies, mainland Chinese companies are also catching up. At present, there are two very obvious trends in the industry. First, manufacturers are gradually increasing the production capacity of large-size TFT-LCDs, and the already surplus small and medium-size production capacity is gradually reduced. Secondly, as OLED display technology is used in mobile phones and high-end TVs, With increasing penetration rates, major manufacturers are actively expanding their OLED panel production capacity, among which mainland Chinese manufacturers such as BOE, China Star Optoelectronics, Shenzhen Tianma and Visionox have expanded their production significantly. According to IHSMarkit estimates, by 2022, South Korean panel manufacturers’ share of global AMOLED production capacity will drop from 93% in 2017 to 71%, while Chinese manufacturers’ market share will drop from 5 in 2017. % Increased to 26% in 2022.

To learn more about the detailed analysis of the LCD panel industry, please pay attention to the report "Analysis and Investment Forecast Report of China's LCD Panel Industry from 2020 to 2025" by the Research Institute of Puhua Research Institute. Based on a large number of thorough market research, mainly based on the basic information of the National Bureau of Statistics, the Ministry of Commerce, the National Development and Reform Commission, the National Economic Information Center, the Development Research Center of the State Council, China Industry Research Network, and various related newspapers and magazines across the country and overseas. A large amount of information and data published and provided, objectively and multi-angle analysis and research of China's LCD panel market. On the basis of summarizing the development history of China's LCD panel industry, the report combines various factors in the new era to give detailed and prudent forecasts and demonstrations on the development trend of China's LCD panel industry. The report has detailed information and rich charts, both in-depth analysis and intuitive comparison. It provides LCD panel companies with insights into the fierce market competition and can accurately and timely adjust their business strategies based on their own environment.