It is estimated that the demand for large-scale FPD will reach 220 million square meters in 2020, with a year-on-year increase of more than 4% From Omdia
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The following is the It is estimated that the demand for large-scale FPD will reach 220 million square meters in 2020, with a year-on-year increase of more than 4% From Omdia recommended by recordtrend.com. And this article belongs to the classification: Hardware equipment industry.
Despite concerns about the impact of the epidemic on the economy, omdia now expects the demand for large-scale FPD to reach 220 million square meters in 2020, an increase of more than 4% over that in 2019. The growth in the third quarter of 2020 is particularly obvious, with a month on month ratio of more than 12%. In addition to the health-related growth, this is largely driven by a shift in TV size. The average size of LCD TVs will reach 47 inches in 2020, up from 45.4 inches in 2019.
At the same time, the capacity of large-scale FPD will increase by only 2% in 2020. About 31.05 million square meters of LCD panels will be closed in South Korea, which is equivalent to about 43 million domestic TV sets. In addition, travel restrictions on foreign engineers have resulted in the failure of several new FPD plants in China to complete the installation of key equipment in the first half of 2020, thus delaying the start-up time. At present, it has entered the fourth quarter, and the production is further affected due to the tight supply of some panel manufacturers Gen 10.5 glass substrate.
“Tight supply in the third quarter of 2020 has led to a rapid rise in panel prices, which has enabled most of the leading FPD manufacturers to return to profitability; this is a very gratifying turning point in the market, as most manufacturers have been losing money since the first quarter of 2019. “Said Charles Annis, head of omdia’s display panel business. “At present, omdia predicts that the market will show a healthy and balanced situation in 2021, with supply and demand areas expected to grow by about 6%. However, there are still many unknowns about how the new crown epidemic will continue to affect demand, how the improvement of the market will encourage Korean panel manufacturers to postpone plant shutdown plans and Chinese manufacturers to expand production capacity.
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