LCD And OLED Display Panel Market Status And Future Development Trend

Display panel is an essential component of mobile phones, TVS, tablets, laptops, security monitoring equipment, vehicle display and other equipment, is the main composition of the flat display industry. With the continuous expansion of downstream application fields and the continuous increase of market demand, the global flat display market has shown a good development trend, which has driven the continuous development of the flat display industry.

a, LCD display panel market status and future development trend

TFT-LCD display panel relies on a series of advantages such as low operating voltage, low power consumption, high resolution, good anti-interference, and wide application range, occupying the main market share of the global display panel, which is widely used in the field of large-screen display such as notebook computers, desktop monitors, televisions, and communication equipment, and continues to promote the growth of the LCD display panel market.

In 2020-2021, affected by factors such as the consumption boost of display panels and the lack of supply of raw materials in the supply chain, the LCD display panel market boom is rising, and prices are rising accordingly; However, beginning in the second half of 2021, with the slowdown in the growth rate of display panel consumption and the concentrated release of new production capacity on the supply side, the demand for LCD display panels has cooled, and prices have also declined.

With the consumption upgrade and the increasing demand for high-end TVS, shipments of high-end LCD panels such as Mini LED are expected to usher in rapid growth.

b.OLED display panel market status and future development trends

With the development of display technology and the improvement of user demand, the commercialization degree of OLED display technology in emerging consumer electronics such as wearable devices, curved screen mobile phones, and VR devices continues to improve, which has injected new development momentum into the flat display industry. In recent years, with the improvement of the process, the OLED display panel has been effectively controlled while the performance has been continuously improved, which has further improved the market competitiveness of OLED products, and the market share has continued to increase.

In terms of the domestic market, China started late in the field of OLED, subject to the industry's high technical barriers, and the early development in the field of OLED was relatively slow.

However, in recent years, with the continuous increase of investment in the field of display and integrated circuits, China's OLED production capacity has shown a rapid growth trend, and the share of Chinese enterprises in the global OLED market has also been rapidly improved.