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Ideal Time for LCD Manufacturing
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| Published：2009.08.25 News Sources：Internet Views： |
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Sales of television have been rapidly increasing; the mobile handset market continues to be on the rise despite turbulent economic conditions and the usage of industrial displays is also surging. Thus, the applications of liquid crystal display (LCD) panels and awareness about it have dramastically increased . Commonly used applications including the television, monitor, and mobile handset use thin-film transistors LCD (TFT-LCD) panels, whose penetration rate is growing substantially compared to the traditional displays, such as the cathode ray tube displays.
As the newly released market research shows, the price of LCD panels have been rising to some degree, which varies from country to country. Taking India for example, according to the latest market analysis, the price of LCD panels have risen by 2 to 7 degree. In addition, Analysis of the Indian LCD Panel Market shows that the total market for LCD TVs and mobile phones to grow at a CAGR of 51 percent and 18.4 percent respectively from 2008 to 2010. During the same period, the total addressable market for LCD TV and mobile phones is expected to grow at a CAGR of 57.8 percent and 17.9 percent respectively. The Total Addressable Market (TAM), represents local production of these products. Higher local manufacturing of products that deploy LCD panels portends strong demands and appreciable growth for the LCD panels market in India.
Besides, it is an ideal time for the LCD panel manufacturing, considering the mass demand, export prospects, government initiatives, wide applications, and low set-up costs during the economic slowdown.
LCD displays are the solutions to the rising need for lower power-consuming, space-saving, and better displays. LCD has a high penetration rate compared to the traditional display technologies and is here to stay in the market. In fact, LCD TV are soon to take the place of CRT ones.
In light of the promising market prospect, LCD manufacturers are recommended to increase their output of LCD panels, while keep the good quality and provide the best value-price ratio to the customers, only then can they remain competitive in the cut-throat market situation. |
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