Global shipments of large-size (9-inch and above) TFT-LCD panels will increase from 673.37 million panels in 2016 to 684.60 million units in 2021, with a CAGR of 0.3% for the 5-year period, according to Digitimes Research.
Among applications, 2016-2021 CAGR is 0.4% for LCD TVs, negative 1.1% for notebooks, negative 2.5% for LCD monitors and AIO (all-in-one) PCs and 4.8% for 9-inch and above tablets, Digitimes Research indicated.
Annual production capacity for large-size panels in China, including factories set up by South Korea- and Taiwan-based panel makers, will increase from 52.504 million square meters in 2016 to 111.01 million square meters in 2021 at CAGR of 16.2% and will exceed capacity in Taiwan in 2017 and in South Korea in 2018.
Taiwan-based makers will ship 244.32 million large-size panels in 2017, growing 4.3% on year and accounting for 34.5% of global output. The shipments will mainly consist of 73.46 million LCD TV panels, 77.28 million notebook-use panels, 51.42 million panels used in LCD monitors and AIO PCs and 35.12 million panels used in 9-inch and above tablets.
Content from this article was part of a complete Digitimes Research Chinese-language report that has not yet been translated into English. If you are interested in an English version of the report or wish to receive more information about the report, click here to contact us and we will get back to you as soon as possible. Digitimes Research also provides quarterly tracking services for market sectors such as China Smartphone, China Smartphone AP, Taiwan ICT and Taiwan FPD. Click here for more information about Digitimes Research Tracking services.
