The future of the global flat panel display glass substrate market looks promising with opportunities in the television, monitor, and laptop applications. The global flat panel display glass substrate market is expected to reach an estimated $4.4 billion by 2028 with a CAGR of 6% from 2023 to 2028. The major drivers for this market are huge demand for these glasses in LCD industry and introduction of flexible, bendable, conformable, rollable, and foldable thin glass-based flat panel displays for extremely portable use.
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Flat Panel Display Glass Substrate Market by Segment
The study includes a forecast for the global flat panel display glass substrate market by product type, application, and region, as follows:
Flat Panel Display Glass Substrate Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
- Gen. 8/8+
- Gen. 7/7.5
- Gen. 6/6.5
- Gen. 5/5.5
- Gen. 4/4-
Flat Panel Display Glass Substrate Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- Television
- Monitor
- Laptop
- Others
Flat Panel Display Glass Substrate Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Flat Panel Display Glass Substrate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leveraging integration opportunities across the value chain. With these strategies flat panel display glass substrate companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the flat panel display glass substrate companies profiled in this report include.
- Corning
- AGC
- NEG
- LG Chem
- AvanStrate
Flat Panel Display Glass Substrate Market Insights
The analyst forecasts that gen. 5/5.5 is expected to witness the highest growth over the forecast period due to its substantial use in flat panel display because of their low coefficient of thermal expansion and resistance to thermal shock.
Television is expected to witness the highest growth over the forecast period due to the widespread use of these flat-panel display glasses in TVs.
APAC is expected to witness the highest growth over the forecast period due to the presence of key players in the region and the availability of LCD panels' largest manufacturing facility in China.
Features of the Flat Panel Display Glass Substrate Market
- Market Size Estimates: Flat panel display glass substrate market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Flat panel display glass substrate market size by various segments, such as by product type, application, and region
- Regional Analysis: Flat panel display glass substrate market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product types, applications, and regions for the flat panel display glass substrate market.
- Strategic Analysis: This includes M&A, new product development, and a competitive landscape for the flat panel display glass substrate market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQS
Q1. What is the flat panel display glass substrate market size?
Answer: The global flat panel display glass substrate market is expected to reach an estimated $4.4 billion by 2028.
Q2. What is the growth forecast for the flat panel display glass substrate market?
Answer: The global flat panel display glass substrate market is expected to grow with a CAGR of 6% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the flat panel display glass substrate market?
Answer: The major drivers for this market are the huge demand for these glasses in the LCD industry and the introduction of flexible, bendable, conformable, rollable, and foldable thin glass-based flat panel displays for extremely portable use.
Q4. What are the major segments for the flat panel display glass substrate market?
Answer: The future of the flat panel display glass substrate market looks promising with opportunities in the television, monitor, and laptop applications.
Q5. Who are the key flat panel display glass substrate companies?
Answer: Some of the key flat panel display glass substrate companies are as follows:
- Corning
- AGC
- NEG
- LG Chem
- AvanStrate
Q6. Which flat panel display glass substrate segment will be the largest in the future?
Answer: The analyst forecasts that gen. 5/5.5 is expected to witness the highest growth over the forecast period due to its substantial use in flat panel display because of their low coefficient of thermal expansion and resistance to thermal shock.
Q7. In the flat panel display glass substrate market, which region is expected to be the largest in the next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to the presence of key players in the region and the availability of LCD panels' largest manufacturing facility in China.
Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.
This report answers the following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the flat panel display glass substrate market by product type (gen. 8/8+, gen. 7/7.5, gen. 6/6.5, gen. 5/5.5, and gen. 4/4-), application (television, monitor, laptop, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
Companies Mentioned
- Corning
- AGC
- NEG
- LG Chem
- AvanStrate
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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