Super-large TV panel market to super-size over next ten years | 4K/UltraHD | News | Rapid TV News
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Research from IHS Markit is predicting that demand for super large TV panels — 60 inches and larger — is burgeoning and their annual shipments will nearly quadruple in ten years after first topping ten million units in 2016.
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The analyst predicts that annual shipments of 60-inch and larger TV panels, including LCD and organic light-emitting diode (OLED), are forecast to exceed 20 million units in 2018 and to reach 54 million units in 2025, accounting for 19% of the entire TV panel demand. This would mean that their combined share by shipment area would almost triple to 33% in 2025 from 12% in 2016.

At the heart of this boom will the opening of BOE’s Gen 10.5 fab which began mass production of panels at the in the second quarter of 2018. IHS Markit expects that once the yield rate of super-large TV panels at the fab stabilises following production optimisation, production costs at the fab will fall below that of the Gen 8.5 fab. T o catch up, rival firms CSOT and Sharp are speeding up investment in their own Gen 10.5 fabs with an aim to mass produce super-large TV panels in 2019, a move that would rapidly increase panel supply of the size.

The likely result of the rise in capacity will intensify competition in the market will be a further drop TV set prices that would help boost ultra-large TV set demand and the analyst adds that such high demand for ultra-large TV sets will also lead panel makers to further improve picture quality with the adoption of Ultra HD and 8K technologies. These, IHS Markit adds, will likely also contribute to and advancement in broadcasting system and the content business that would further spur consumers’ demand for super-large TVs.

“Growth in the super-large TV panel market will be mainly driven by increasing investment in Gen 10.5 fabs, which is capable of producing super-large TV panels with economy of scale,” noted IHS Markit director of display research Ricky Park. “This will, in result, cut production costs and supply prices that will be translated into a drop in TV prices. The ultra-large TV set market’s expansion will eventually help the panel industry digest fast-rising capacity and play a vital role in offsetting the fall in panel prices that could eat away overall revenue in the entire panel market.”