Title: Thin film transistor market
1Thin Film Transistor MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Thin Film Transistors Market Size is forecast to
reach 10.2 billion by 2026, at a CAGR of 10.26
during 2021-2026. The Thin Film Transistors are
produced by depositing a dielectric layer and
semiconductor layer over non-conducting, glass
substrates and used in a flat panel displays.
These thin film transistor display are used
widely in flat-panel displays, television
screens, computer monitors, mobile phones,
projectors and personal digital assistants as
these are field effect transistors used in a
liquid crystal display. A thin film transistor is
also known as active matrix display technology
which is more responsive to change due to which
it has several benefits such as compact size, low
price, reduced weight, and low power consumption
and so used in the Light Emitting Diode (LEDs) as
well.
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- Key Takeaways
- Asia-Pacific is one of the most significant
regions for the thin film transistor market,
mainly due to government policies favoring the
growth of wearable devices. Also, the region is
the largest producer of consumer electronics. - Consumer Electronics sector is expected to
witness a highest CAGR of 11.28 the forecast
period, owing to various factors such as increase
in sales of smart phones, laptops, tablets and
others in countries such as India, China and so
on. - Thin Film Transistor companies are strengthening
their position through mergers acquisitions and
continuously investing in research and
development (RD) activities to come up with
solutions to cater to the changing requirements
of customers.
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By Distribution Channel- Segment
Analysis Organic Light Emitting Diode (OLED)
segment held significant market share of 38.25
in 2020, owing to its high demand for advanced
high definition monitors and televisions from
consumers. Although, OLEDs are expensive as
compared to LED and LCD product but are highly
adopted by the end users. They offer wide viewing
angles, faster response time, higher contrast
ratios and more saturated colors to enhance
viewing experience of end users. In 2019, Xiaomi
incorporated OLED display by announcing the
launch of its product Mi 10 and Mi 10 proto
ensure flexible and image efficient display
feature for its devices.
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- Thin Film Transistor Market Industry Outlook
- Panasonic Corporation,
- Samsung Electronics Co. Ltd,
- Fujitsu Ltd.,
- BOE Technology,
- Toshiba Corporation,
- Winstar Display Co. Ltd.,
- Innolux Corporation,
- Sharp Corporation,
- LG Display Co. ltd.,
- Sony Corporation
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Thin Film Transistor Market Forecast (2021 -
2026) Learn More About the
Report _at_ https//www.industryarc.com/Research/Th
in-Film-Transistor-Market-Research-509482
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