About LCD Glass Substrates
LCD glass substrate is special glass used for thin-film transistor (TFT) LCDs. This substrate forms display area of electronic devices. Electronic devices includes LCD televisions, mobile phones and personal laptop & computers. It is formed by several layers of Lcd glass substrate and other components like color filters. Increasing demand for Lcd displyas and rising use of electronic devices for industrial activities has impacted on the demand for market in positive manner.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market of Lcd glass substrate is expected to grow with increasing demand for wide range of displays in end use industries. The market is highly fragmented with the presence of several market players. In addition, many local vendors are providing their broad product portfolio which in turn increasing competitive rivalry. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Samsung Corning Precision Materials Co. (South Korea), LG Display (South Korea), Nippon Electric Glass Co., Ltd. (Japan), AvanStrate, Inc. (South Korea), Corning Inc. (United States), AGC Inc. (Japan), Schneider Electric. (France), Prysmag Group (China), Tosoh Quartz Corporation (Japan) and Dongxu Group Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global LCD Glass Substrates market by , Application (Mobile Phone & Tablets, Television, Medical Appliances, Computers & Laptop Screens and Others) and Region.
On the basis of geography, the market of LCD Glass Substrates has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Substrate Size, the sub-segment i.e. Below Gen 2.5 will boost the LCD Glass Substrates market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material , the sub-segment i.e. Soda lime will boost the LCD Glass Substrates market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel , the sub-segment i.e. Direct will boost the LCD Glass Substrates market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
More Preference for Gen 2-Gen 5 over Others
Market Growth Drivers:
Rising Demand for LCD Displays in Industrial and Commercial Purpose and Growing Preference for LCD based Electronic Devices
Challenges:
Strengthen Competition Presence of Huge Number of Market Players
Restraints:
Availability of Alternatives
Opportunities:
Augmenting Demand for LCD displays in Departmental Stores of Pharmaceutical and Food Products in Asia Pacific Region has Created Growth Opportunities
In October 2022, SCREEN Finetech Solutions Co., Ltd. (SCREEN FT) has of its new SK-E2200G and SK-E2200H systems, designed for processing of the 8th generation1 substrates used in the latest OLED panels. These displays are currently in high demand, particularly for applications such as IT devices and automotive systems.
Key Target Audience
Lcd Glass Substrate Manufacturers, Lcd Glass Substrate Suppliers/Distributors, Raw Material Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.