In Flat Panel Display (FPD) Market: Global Industry Analysis and Opportunity Assessment 2014-2020, PDPs are expected to lose 40 basis points during the forecast period of 2014 to 2020, owing to growing adoption of LCD and OLED instead of PDPs. Leading manufacturers, including LG and Panasonic are shifting towards LCDs, leading to an anticipated drop in market share for PDP, from 9.6% in 2014 to 6.9% in 2020.
Low manufacturing costs, coupled with application in a wide range of end-use industries are fuelling the demand for LCDs in the flat panel display market, FMI said. LCDs are used in a wide range of devices, such as smartphones, laptops, televisions, curved TVs, tablets, and digital signage. FMI believes that further innovation in quantum dot technology will make LCDs more affordable in the future, leading to further adoption.
On the other hand, FMI points out that the LCD market has become highly saturated with the majority of consumer electronics products using this technology. Leading brands are looking to stand out by using OLED instead, with Apple a key example of the trend. The consultancy predicts that mid-range consumer electronics products will continue to feature LCD technology, but manufacturers are expected to prefer OLED for high-end devices. Despite the interest in OLED, the OLED technology segment is only expected to take up 2.4% of the pie by 2020, down from 2.8% in 2014.
The LCD technology segment of the flat panel display market is expected to expand at a CAGR of 6% from 2014 to 2020. This segment, valued at US$82 billion in 2014, is expected to reach US$116 billion by 2020.
FMI points out that many TV manufacturers have shut down their PDP production plants in a bid to avoid losses, and that plasma displays have limited applications. Current applications of plasma technology include large format displays, such as TVs and indoor signage, the company said, and predicted that the plasma technology segment of the flat panel display market is anticipated to reach US$11 billion by 2020.
FMI points out that many TV manufacturers have shut down their PDP production plants in a bid to avoid losses, and that plasma displays have limited applications. Current applications of plasma technology include large format displays, such as TVs and indoor signage, the company said, and predicted that the plasma technology segment of the flat panel display market is anticipated to reach US$11 billion by 2020.
Interested?
Browse the Flat Panel Display Market: Global Industry Analysis and Opportunity Assessment 2014 - 2020 report
Read the TechTrade Asia blog post on NVIDIA's GRID 2.0
Read the TechTrade Asia blog post on NVIDIA's GRID 2.0
No comments:
Post a Comment