Large-area LCD shipments are expected to drop 3.2 percent in 2023 primarily due to slower demands and the utilization management of panel makers, according to the latest Large Area Display Market Tracker 1Q23 from Omdia.
Peter Su, Principal Analyst of Omdia, highlighted the uncertainty surrounding the recovery of IT LCD demand. Display makers initially aimed to increase shipments of IT displays while decreasing LCD TVs in 2023. However, the deficits experienced by display makers in the IT LCD business have cast doubt on the demand recovery.
Notebook PC LCD shipments will drop 8.1 percent in 2023. The demand for notebook PC displays lags behind other large-area display applications.
Tablet PC LCD shipments will decline 1.4 percent. The global recession has contributed to the popularity of cheaper tablet PCs, which may be gaining market share from notebook PCs.
BOE is forecasted to have the largest share of large-area TFT LCD unit shipments in 2023, accounting for 33.5 percent of the market. Innolux follows with a share of 13.5 percent, and China Star holds 11.5 percent of the market.