The North America TFT LCD panel market size reached US$ 46.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 60.4 Billion by 2032, exhibiting a growth rate (CAGR) of 3.04% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032 |
Historical Years
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2018-2023
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Market Size in 2023 | US$ 46.1 Billion |
Market Forecast in 2032 | US$ 60.4 Billion |
Market Growth Rate (2024-2032) | 3.04% |
TFT (Thin Film Transistor) is an active-matrix liquid crystal display (LCD) panel that uses the TFT technology to improve image quality in terms of addressability and contrast. Every pixel on a TFT LCD panel has a separate transistor, which controls the display illumination while enabling an easy view even in bright environments. TFTs are gaining traction in nearly all the industries as they are lightweight, slim in construction, have high-resolution and offer low power consumption. They find major applications in various electronic goods such as televisions, mobile phones, tablets, laptops, desktops, portable video game devices, etc. Apart from these, they are also used in the automotive industry, navigation and medical equipment, laser pointer astronomy, SLR cameras and digital photo frames.
The North America TFT LCD panel market is currently being driven by several factors. TFT-LCD panels provide flexibility in presenting all types of data, including pictoral representation. On account of this, they are increasingly being employed not only in the consumer electronics but also in the aerospace sector as well to display aircraft altitude information, airframe parameters, warning messages and navigational data. Moreover, TFT LCDs are less prone to reflection, viewable from a wider angle and much lighter than traditional panels, thereby having wide applications in the electronics and automotive industry. Additionally, the rising demand for TFT-LCD display is catalyzed by the increasing consumption of flat panel TVs in households, smartphones and gaming industry.
IMARC Group provides an analysis of the key trends in each segment of the North America TFT LCD panel market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on size and application.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Segment Coverage | Size, Application, Country |
Countries Covered | United States, Canada, Mexico |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |