Press release
Glass Substrates for TFT-LCD Market Detailed Analysis of Current Scenario with Growth Forecasts to 2030 | Corning, AGC, NEG, Tunghsu Optoelectronic, AvanStrate
From 2023 to 2030, the Glass Substrates for TFT-LCD market is anticipated to develop at a CAGR of 5.5%, reaching a value of USD 11.45 billion. The growing need for TFT-LCD displays across a range of products, including TVs, smartphones, laptops, and tablets, is what propels the market. Thin-film transistor (TFT) liquid crystal display (LCD) displays are made using certain types of glass known as TFT-LCD glass substrates. The most popular form of display used in consumer electronics products, including TVs, cellphones, laptops, and tablets, is TFT-LCD technology.
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The glass substrates for TFT-LCD market was formed in the early 1990s, making it a business that is quite mature. A small number of significant players-including Corning, AGC, NEG, Tunghsu Optoelectronic, AvanStrate, IRICO, CGC, and LG Chem-dominate the market. These businesses have made significant investments in R&D and have built up their capacity to manufacture innovative glass substrates. The market for glass substrates for TFT-LCDs has been steadily expanding in recent years due to the increased demand for big, high-resolution display panels in consumer electronics products like laptops, cellphones, and televisions. The market is also anticipated to gain from OLED technology's expanding use, which relies on glass substrates as its foundation layer.
Top Companies in the Global Glass Substrates for TFT-LCD Market:
Corning, AGC, NEG, Tunghsu Optoelectronic, AvanStrate, IRICO Group, Central Glass, LG Chem
Glass Substrates for TFT-LCD Market Segmentation Research
Glass Substrates for TFT-LCD Market Segmentation Research allows you to categorize industry into various segments based on types, applications, end-users, and regions.
Segmentation for Global Glass Substrates for TFT-LCD Market Based on Product Type and Application
Glass Substrates for TFT-LCD by Types
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Gen. 7å'ŒGen. 7.5
Gen. 6å'ŒGen. 6.5
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Glass Substrates for TFT-LCD by Application
TV
Monitor
Laptop
Others
With more than 60% of the worldwide market share, the Asia Pacific region is the largest Glass Substrates for TFT-LCD market . The rising demand for TFT-LCD displays in China and India is what is fueling the market expansion in the area. Other significant markets for glass substrates for TFT-LCDs are North America and Europe. The market expansion in these areas is, however, considerably slower than in the Asia Pacific region.
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The creation of novel glass substrate materials with enhanced qualities, such as glass substrates that are stronger and thinner and that perform better optically and thermally.
The creation of novel glass substrate manufacturing techniques that can lower costs and boost output. The growing use of ecologically friendly production techniques for glass substrates. The expanding market for glass substrates for innovative products like wearable tech, smart home tech, and automobile displays.
Glass Substrates for TFT-LCD Market research FAQs:
1. What is a Glass Substrates for TFT-LCD market in an industry?
2. Which are the competitors in the Industry?
3. What's trending in the Glass Substrates for TFT-LCD industry and in the eyes of buyers?
4. Who makes up the market and what their challenges are?
5. How to calculate market share size?
6. What is the relationship between Glass Substrates for TFT-LCD market demand and supply?
7. How do you identify a market opportunity?
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