New Study Forecasts Steady Growth for TFT-LCD Market in China
Albany, New York, November 21, 2016: China’s development in the TFT LCD sector began later than in Japan, South Korea and Taiwan. But due to technological innovations and demand, the market has grown quite rapidly. Market Research Hub (MRH) has added this latest report titled, “Development and Market of TFT-LCD in China 2015-2016 Proposal” to their database. The report provides an in-depth examination of China’s TFT LCD sector including analysis and forecast of global demand for LCD along with the development of TFT LCD cost structure analysis and supply chain over the coming years.
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Firstly, the report describes TFT- LCD industry overview with the introduction to the thin-film-transistor liquid-crystal display (TFT LCD). It is an alternative of a liquid crystal display (LCD) that uses thin film transistor technology to improve image qualities such as addressability and contrast. TFT-LCD therefore delivers sharp image as compared to any normal LCD. . The main raw materials of TFT-LCD include IC, BLU, Glass Substrate, etc. It is mainly used in high-tech display devices, particularly the consumer or industrial products such as TV, computer monitors, smartphones, measuring instruments etc. According to the report, the material cost accounted for 60%-70% of the total cost.
Additionally, China’s low labor costs and abundant workforce has combined with the ongoing enhancements in its production supply chain efficiency. This has pushed almost 95% of Taiwan-based electronics manufacturers to locate their overseas production sites principally in China. The market has been driven by the two key factors which are-production and local demand. According to the report, China is quick in becoming the perfect choice for manufacturers who are willing to set up new TFT LCD production lines.
Further, the report describes the TFT-LCD industry developments in note book, tablets, mobile phones etc. The market is segmented on the basis of types and applications. Different types include: Large, medium and small TFT-LCD’s. The latest advancements in the display type includes transparent and 3D displays which are in the developing stage and yet to become commercially feasible and lucrative for the market.
The report provides latest info regarding TFT-LCD product industry and investigates the Chinese market along with its market size, demand & supply, bellwether company analysis, application, key players, etc.; helpful for marketers and buyers. The main TFT-LCD producers in the world are:
• LG Display
• Taiwan Innolux Corporation
• Taiwan AUO
• Japan Display
Browse Full Report with TOC: http://www.marketresearchhub.com/report/development-and-market-of-tft-lcd-in-china-2015-2016-proposal-report.html
The buyers can infer the details that how Chinese TFT-LCD market will change and how their business can become a part of this sector. . The study also grants information about the competitors and their activities in China.
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