In the current era of continuous innovation in display technology, LCD displays, relying on their own advantages, continue to occupy an important position in the market, and their future development prospects remain broad. In recent years, the competitive landscape of the global LCD panel industry has undergone significant changes. Entering 2023, the number of large-sized LCD panel manufacturers worldwide has shrunk from ten to eight. Meanwhile, the shipment share of LCD panel manufacturers from the Chinese mainland in the global market has successfully exceeded 70%. Since February 2023, even though the terminal retail demand in the market has not shown a significant improvement, the price of LCD panels has been on the rise and has continued to do so until now.
In terms of market size, according to data from market research companies, the global LCD liquid crystal display screen market size is expected to reach approximately 200 billion US dollars in 2025. Consumer electronics, such as televisions, tablets, computer monitors, laptops and smart phones, are the key driving forces for the demand of LCD screens. In the field of computer monitors, LCD screen technology is widely applied. In the smart phone market, with the continuous increase in its penetration rate in emerging markets, the demand for mid-to-low-end LCD screens has been significantly driven. Moreover, in the field of large-sized TVS and monitors, due to the relatively high price of OLED screens, the market demand for LCD screens has maintained a stable growth trend.
Not only that, the demand for LCD liquid crystal display screens in industries such as manufacturing, healthcare, and transportation is also increasing day by day. In the transportation industry, LCD displays have become core devices in intelligent transportation systems and in-vehicle navigation systems, especially in high-end models where they have become standard equipment. The trend of their thinning and integration has further driven technological progress and the growth of market demand.
Technological innovation has always been the core driving force for the development of the LCD industry. At present, LCD screens have made remarkable progress in color performance, contrast, brightness and other aspects. 4K and even 8K resolution LCD TVS are gradually becoming the mainstream in the market. The continuous optimization of liquid crystal panels has led to the application of Local Dimming technology and Quantum Dot technology on LCD screens, significantly enhancing the picture quality and gradually approaching the display effect of OLED screens. To meet consumers' pursuit of portability and aesthetics, LCD screens are evolving towards being thinner, lighter and more energy-efficient. Thin LCD screens not only have a more attractive appearance design, but also can effectively reduce energy consumption and enhance the cost performance of products. Meanwhile, energy conservation and environmental protection have become important development directions for the LCD industry. Modern LCD screens generally adopt LED backlight technology. Compared with the traditional CCFL backlight, it significantly improves energy efficiency and reduces the use of harmful substances, meeting the requirements of green environmental protection. With increasingly strict environmental protection regulations, LCD manufacturers are paying more and more attention to reducing carbon emissions and minimizing their impact on the environment during the production process.
It is worth mentioning that Bibuke Company plays an active role in promoting the development of LCD displays. Bibuke Company has a deep understanding of market demands and technological development trends, and continuously increases its investment in LCD technology research and development. The company has gathered a group of professional technical R&D talents, dedicated to solving the technical problems of LCD display screens and constantly optimizing product performance. Through technological innovation, Bibuke's LCD displays have achieved remarkable results in terms of display effect, thinning, and energy conservation and environmental protection. In terms of display effect improvement, through the optimization of color calibration algorithms and in-depth exploration of the characteristics of liquid crystal materials, the colors of the display screen have become more vivid and accurate, and the contrast and brightness have also been further enhanced, bringing users a more realistic and stunning visual experience. During the process of thinning, Bibuke Company has developed a new panel manufacturing process, successfully reducing the thickness of the display screen while ensuring its structural strength and stability. This makes the devices equipped with the display screen more thin, light and fashionable in appearance, meeting consumers' demands for portable devices. In terms of energy conservation and environmental protection, the new backlight technology developed by Bibuke Company not only reduces energy consumption but also enhances luminous efficiency and minimizes energy waste, which aligns with the current society's pursuit of green and environmentally friendly products.
Looking ahead, with the continuous advancement of technology and the constant expansion of application fields, the LCD industry will embrace more market opportunities and development space. Bibuke Company will also continue to uphold the spirit of innovation, work hand in hand with all parties in the industry, constantly promote the development of LCD display technology, bring users more high-quality and diverse display products, and leave a solid footprint in the future development journey of LCD displays.
In the current era of continuous innovation in display technology, LCD displays, relying on their own advantages, continue to occupy an important position in the market, and their future development prospects remain broad. In recent years, the competitive landscape of the global LCD panel industry has undergone significant changes. Entering 2023, the number of large-sized LCD panel manufacturers worldwide has shrunk from ten to eight. Meanwhile, the shipment share of LCD panel manufacturers from the Chinese mainland in the global market has successfully exceeded 70%. Since February 2023, even though the terminal retail demand in the market has not shown a significant improvement, the price of LCD panels has been on the rise and has continued to do so until now.
In terms of market size, according to data from market research companies, the global LCD liquid crystal display screen market size is expected to reach approximately 200 billion US dollars in 2025. Consumer electronics, such as televisions, tablets, computer monitors, laptops and smart phones, are the key driving forces for the demand of LCD screens. In the field of computer monitors, LCD screen technology is widely applied. In the smart phone market, with the continuous increase in its penetration rate in emerging markets, the demand for mid-to-low-end LCD screens has been significantly driven. Moreover, in the field of large-sized TVS and monitors, due to the relatively high price of OLED screens, the market demand for LCD screens has maintained a stable growth trend.
Not only that, the demand for LCD liquid crystal display screens in industries such as manufacturing, healthcare, and transportation is also increasing day by day. In the transportation industry, LCD displays have become core devices in intelligent transportation systems and in-vehicle navigation systems, especially in high-end models where they have become standard equipment. The trend of their thinning and integration is becoming more prominent
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