The market adjustment agency IHS Markit stated that the demand for TV panel area in 2017 is expected to reach 14.3 billion square meters, an increase of 8% from 2016, and the overall demand for display panels will increase by 6%. In 2017, the growth of shipments of global TV panels has stagnated. However, as consumers demand larger TV screens, the average size of shipments will increase, and panel makers will benefit from the increase in area demand.
IHS pointed out that the average TV panel size exceeds 40 inches for the first time in 2016 and will further increase by 1.3 inches in 2017 to reach 42.6 inches. Consumers prefer larger-sized TVs, and TV makers are also willing to launch large-screen TVs for profit. Both drive the demand for TV panels to continue growing.
TV panel area accounted for about 70% of total display area demand in 2016, while IT panel accounted for 18%. Relatively speaking, IT panel demand is expected to remain stable in 2017, while mobile phone display area demand is expected to increase by 10% over the same period. It reached 14 million square meters.
TV panel area accounted for about 70% of total display area demand in 2016, while IT panel accounted for 18%. Relatively speaking, IT panel demand is expected to remain stable in 2017, while mobile phone display area demand is expected to increase by 10% over the same period. It reached 14 million square meters.
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