DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Metal Oxide TFT Backplane Market 2016-2020" report to their offering.
The global metal oxide TFT backplane market to grow at a CAGR of 24.24% during the period 2016-2020.
Global Metal Oxide TFT Backplane Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The report covers the present scenario and the growth prospects of the global metal oxide TFT backplane market for 2016-2020. To calculate the market size, the analyst considers the total unit shipments of metal oxide TFT backplane to original equipment manufacturers (OEMs).
A trend which is boosting market growth is the demand for high resolution display panels. Pixel density is a measurement of high resolution, i.e., higher the pixel density, sharper and clearer the display. Display resolution is becoming one of the important features among consumers while purchasing smartphones, tablets, notebooks, and TVs.
Therefore, display panel manufactures are opting for high resolution display to enhance the consumer experience. For instance, in October 2015, Microsoft launched Surface Pro 4 tablet that uses IGZO TFT LCD backplane manufactured by Sharp. The display panel has two million more pixels than Surface Pro 3.
According to the report, a key growth driver is the rise in demand for UHD LCD TV displays. In 2015, the UHD TV unit shipment reached 28.57 million units globally and is expected to grow at a CAGR of 37.31% during the forecast period. TV manufacturers are producing UHD TVs with superior optical properties and wide field of view.
With rise in UHD content providers worldwide, the demand for UHD TVs is growing. The price of UHD TVs is significantly high compared to HD TVs because of better picture clarity and resolution (better picture details with four times the resolution of full HD), a wide field of view, extended color range, high dynamic range (HDR), and other high-definition picture performance.
Further, the report states that one challenge that could restrict market growth is the time-to-market pressure faced by vendors.
- AU Optronics
- BOE Technology Group
- LG Display Co.
- Samsung Display Co.
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Display industry overview
Part 06: Market landscape
Part 07: Key developments
Part 08: Market segmentation by application
Part 09: Market segmentation by technology
Part 10: Geographical segmentation
Part 11: Market drivers
Part 12: Impact of drivers
Part 13: Market challenges
Part 14: Impact of drivers and challenges
Part 15: Market trends
Part 16: Vendor landscape
Part 17: Summary of key figures
Part 18: Appendix
For more information visit http://www.researchandmarkets.com/research/6nxpsl/global_metal