Market Research Expert

Ultra-wide Temperature TFT Display Market to have Good Business Opportunities in the Coming Years

Press Release   •   Jan 17, 2018 06:11 EST

Ultra-wide temperature TFT (Thin Film Transistor) display is an active-matrix technology having enhanced image quality that consists of one transistor for every pixel which controls the brightness of the display. This allows clear and easy viewing even in bright environments. Such TFTs are light weight having thin design, high resolution while offering low power consumption, TFT’s are achieving importance in diverse end use sectors wherever displays are necessary. These find applications in various electronic goods such as mobile phones, smartphones, portable TVs, laptops, video game devices, desktops, and so on.

The increasing adoption of the flexible display market is favoring the ultra-wide temperature TFT display market growth. There are several advantages of using ultra-wide temperature TFT display for instance, it provides better optical properties such as picture contrast and clarity. Also, high growth in smart wearable is aiding market growth. However, high cost of TFT displays is hindering market growth since, the market is at its nascent stage.

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The global ultra-wide temperature TFT display market is categorized on the basis of display size, display type, application, end user and geographic regions. Bifurcation on the basis of display size includes large size TFT-LCD display panel, medium size TFT-LCD display panel and small size TFT-LCD display panel. By display type, the market is classified as flat, flexible, and transparent. By application, ultra-wide temperature TFT display market is categorized into mobile phones, smartphone & tablet, pc monitor & laptop, TV & digital signage, and others. Segmentation on the basis of end users comprises automotive, retail, IT & telecom, healthcare, entertainment, hospitality, transportation, government & education and others. The ultra-wide temperature TFT display market has been evaluated for five geographic regions namely North America, South America, Europe, Asia Pacific, and Middle East & Africa.

Based on display size, large size TFT-LCD display panel is predicted to hold significant market share during the forecast period. This is because of several end use applications such as healthcare require large screen display for proper examination of operations and multiple segment display of various sections on single screen. Similarly, several end use applications demand large screen for better representation of data and display information to gain public attention.

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Among various applications, the TV segment is expected to account for a large share in the global ultra-wide temperature TFT display market. The mobile phones, smartphone & tablets segment is predicted to rise at a fast growth rate. Among various major end-user segments, healthcare and automotive sector is expected to hold significant share of the global ultra-wide temperature TFT display market followed by retail and entertainment segment during the forecast period because of the high resolution display of TFT’s offers better resistance to environmental disturbances. Ultra-wide temperature TFT display find diverse application These TFT displays find diverse applications because they have wide viewing angles for all-round and handheld views, guaranteeing easy readability outdoors, even in sunlight. The images and colors displayed on screen are sharp and well-defined.

North America is predicted to be main market share holder due to presence major market players, quick adoption rate of new technologies and relatively mature market for automotive and industrial process. Europe is also expected to hold descent market share due to adoption of ultra-wide temperature TFT display in healthcare industry while Asia Pacific region is expected to have fastest growth rate due to fast growing retail industry as well as entertainment industry.

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The significant players of the global ultra-wide temperature TFT display market are Innolux Corp, Mitsubishi Electric Corporation, LG Display, SAMSUNG, Advantech Co., Ltd, Tianma Europe GmbH., Densitron Technologies, Inteltronic, Kyocera International, Inc., ADKOM Elektronik GmbH, LITEMAX, Axiomtek Co., Ltd., and Kaohsiung Opto-Electronics Inc., among others.

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