Supply chain
Digitimes Research: Global small- to mid-size LCD panel shipments to slip at CAGR -4.6% in 2017-2021
Yang Jen-chieh, DIGITIMES Research, Taipei

As Samsung Display, LG Display and Japan Display have shut down mostly 5G to 6G TFT-LCD lines to gradually expand AMOLED production capacity since the beginning of 2015, global shipments of small- to medium-size LCD panels will continue decreasing from 2.647 billion panels in 2017 to 2.189 billion units in 2021, equivalent to a compound annual growth rate (CAGR) of -4.6% in the period, according to Digitimes Research.

Global shipments of handset-use TFT-LCD panels will continue shrinking from 2.095 billion units in 2017 to 1.630 billion units in 2021 at a CAGR of -6.1%, Digitimes Research indicated.

In contrast, global shipments of all handset-use display panels will increase from 2.55 billion units in 2017 to 2.76 billion units in 2021 at a CAGR of 2.0%, with the proportion for AMOLED panels to rise from 17.7% in 2017 to 40.9% in 2021.

Since China-based vendors' presence in the global smartphone market has been rising, China-based LCD panel makers' combined shipments of smartphone-use panels are on the rise and likely to surpass Taiwan-based fellow makers' in 2016 or 2017.

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.

© 2020 DIGITIMES Inc. All rights reserved.
Please do not republish, publicly broadcast or publicly transmit content from this website without written permission from DIGITIMES Inc. Please contact us if you have any questions.