IHS: Flat-Panel Display Shipments Grew 9% in 201429 Jan, 2015 By: Erik Gruenwedel
Increased demand for larger television screens and smartphone displays helped drive flat-panel shipments 9% in 2014, according to new data from IHS.
That demand is projected to increase as the consumer electronics industry ups production of Ultra-HD 4K, 8K, ultra-slim type televisions with better picture quality by wider color gamut and dynamic contrast ratios, among other features.
New-generation smartphones and PCs feature higher resolution, a slimmer design and better screen performance with the introduction of OLED technology.
Indeed, Apple, HP, Lenovo, Acer, ASUS and other mobile PC brands have begun to launch products with larger screens. New operating systems and convertible form factors are leading to displays growing from 10 inches to 12.9 inches in 2015, which will also add to FPD area demand.
“The trend toward bigger displays continued in the flat-panel display industry in 2014,” said Yoshio Tamura, director of display research for IHS Technology, formerly with DisplaySearch. “There were four major driving forces leading to a strong upgrade of the average FPD display sizes: consumer demand for larger LCD TVs, soaring demand for 5-inch-and-larger smartphones, larger automotive display screens, and larger tablet PCs.”
Indeed, total FPD display area demand is expected to grow at a compound annual growth rate of 5% from 2012, reaching 223.6 million square meters in 2020.