The report offers detailed coverage of LCD Glass Substrate industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading LCD Glass Substrate by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
LCD glass substrate is a special glass used for thin-film transistor (TFT) LCDs which form the display area of products including LCD televisions, personal computers and mobile phones. An LCD panel consists of various components stacked in a number of layers. These components include a polarizer, a color filter and a liquid crystal layer, with the glass substrate being the most important.
One of the major drivers in this market is the use of LCDs in many devices, such as smartphones, tablets, TVs, and PCs. As CRT becomes less and less popular, LCD has become the main technology used in many devices, especially portable ones. This is due largely to the reduction in device size and size of display panels, and because the demand for high-quality display has been increasing.
One of the trends in this market is the reduced thickness of LCD glass substrates. Vendors are focusing on manufacturing light and thin glass substrates to reduce the thickness of devices that use them. Another major trend is increased innovations in technology.
The market is largely limited to a few Asian countries such as Korea, Taiwan and Japan, as these countries form the main manufacturing hub for high quality glass substrates, one of the core elements used in making LCD panels. However, with the entry of few domestic players in the LCD manufacturing scenario, China is rapidly emerging as a strong contender in the substrates market. Strong entry barriers such as high capital and complex technology requirements further hinder new players from entering the market.
The market concentration of LCD glass substrates is very high, top 3 players occupy near 90% of the global market. Corning enjoys the largest market share in 2016, followed by AGC, NEG. And Tonghsu Group is the largest producer in China, accounting for over 4.2% of global market.
The report forecast global LCD Glass Substrate market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global LCD Glass Substrate market for 2015-2027.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Corning
AGC
NEG
Tunghsu Optoelectronic
AvanStrate
IRICO Group
CGC
LG Chem
At the same time, we classify LCD Glass Substrate according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Gen. 8 and above
Gen. 7
Gen. 6
Gen. 5.5
Gen. 5
Gen. 4 and below
Market by Application
Televisions
Monitors
Laptops
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the LCD Glass Substrate market for the forecast period 2021 - 2027?
• What are the driving forces in the LCD Glass Substrate market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the LCD Glass Substrate industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?