LCD Glass Substrate Market report presents a comprehensive overview, market shares, and growth opportunities of LCD Glass Substrate market by product type, application, key manufacturers and key regions and countries.
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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.
ACCORDING TO THIS STUDY, OVER THE NEXT FIVE YEARS THE LCD GLASS SUBSTRATE MARKET WILL REGISTER A 4.1% CAGR IN TERMS OF REVENUE, THE GLOBAL MARKET SIZE WILL REACH US$ 8790 MILLION BY 2024, FROM US$ 6910 MILLION IN 2019.
In particular, LCD Glass Substrate Market report presents the global market share (sales and revenue) of key companies in LCD Glass Substrate business, shared in Chapter 3.
This study considers the LCD Glass Substrate value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Gen. 8 and above
Gen. 7
Gen. 6
Gen. 5.5
Gen. 5
Gen. 4 and below
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Televisions
Monitors
Laptops
Others
LCD Glass Substrate Market report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
LCD Glass Substrate Market manufacturers
The key manufacturers covered in LCD Glass Substrate Market report: Breakdown data in in Chapter 3.
Corning
AGC
NEG
Tunghsu Optoelectronic
AvanStrate
IRICO Group
CGC
LG Chem
In addition, LCD Glass Substrate Market report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global LCD Glass Substrate consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of LCD Glass Substrate market by identifying its various subsegments.
Focuses on the key global LCD Glass Substrate manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the LCD Glass Substrate with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of LCD Glass Substrate submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Table of content
2019-2024 Global LCD Glass Substrate Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered