Image

U.K. Thin Film Transistor (TFT) Display Market – Industry Trends and Forecast to 2030

Semiconductors and Electronics

Image

U.K. Thin Film Transistor (TFT) Display Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Published Report
  • Aug 2023
  • Country Level
  • 350 Pages
  • No of Tables: 21
  • No of Figures: 26

U.K. Thin Film Transistor (TFT) Display Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 4,371.90 USD million
Diagram Market Size (Forecast Year) USD 12,079.15 USD million
Diagram CAGR %

Major Markets Players

  • Dummy1
  • Dummy2
  • Dummy3
  • Dummy4
  • Dummy5

U.K. Thin Film Transistor (TFT) Display Market, By Type (Panels, High Bright TFTS, High Resolution TFT Displays, EMI Shielded TFT Displays, Stretch TFTS and Others), Technology (TFT Liquid Crystal Display (LCD), Organic Light Emitting Diode (OLED), Active-Matrix Organic Light Emitting Diode (AMOLED) and Others), Fabrication Type (Inorganic and Organic), Installation Type (Indoor and Outdoor), Layer (Semiconductor, Substrate, Gate Electrode, Dielectric, and Drain/Source Metal), Application (Domestic Use, Commercial Use, and Industrial Use), End User (Consumer Electronics, Automotive, Healthcare, and Military & Aerospace) - Industry Trends and Forecast to 2030.

U.K. Thin Film Transistor (TFT) Display Market Analysis and Size

The U.K. thin film transistor (TFT) display market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that The U.K. thin film transistor (TFT) display market is expected to reach USD 12,079.15 million by 2030 from USD 4,371.90 million in 2022 growing with a substantial CAGR of 14.1% in the forecast period of 2023 to 2030. The major factor driving the growth of the thin film transistor (TFT) display market is the incorporation of TFT display in various sectors such as automotive and health care.

U.K. Thin Film Transistor (TFT) Display MarketU.K. Thin Film Transistor (TFT) Display Market

The thin film transistor (TFT) display is a type of screen used in devices such as smartphones, laptops, and monitors. It employs a special technology called thin-film transistors to individually control each pixel's brightness and color. TFT displays offer vibrant and clear visuals, making them popular choices for electronic devices. They provide sharper images and consume less power compared to traditional displays.

The U.K. thin film transistor (TFT) display market report provides details of market share, new developments, and the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief. Our team will help you create a revenue-impact solution to achieve your desired goal.   

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million

Segments Covered

Type (Panels, High Bright TFTS, High Resolution TFT Displays, EMI Shielded TFT Displays, Stretch TFTS and Others), Technology (TFT Liquid Crystal Display (LCD), Organic Light Emitting Diode (OLED), Active-Matrix Organic Light Emitting Diode (AMOLED) and Others), Fabrication Type (Inorganic and Organic), Installation Type (Indoor and Outdoor), Layer (Semiconductor, Substrate, Gate Electrode, Dielectric, and Drain/Source Metal), Application (Domestic Use, Commercial Use, and Industrial Use), End User (Consumer Electronics, Automotive, Healthcare, and Military & Aerospace)

Countries Covered

U.K.

Market Players Covered

SAMSUNG, LG Display, Sony Group Corporation, Toshiba Tec Corporation, Fujitsu, Schneider Electric, Anders Electronics PLC, New Vision Display (Shenzhen) Co, Ltd. (An Subsidiary of Tianjin Jingwei Huikai Optoelectronic Co., Ltd)., EIZO Corporation., and Midas Components among others

Market Definition

The thin film transistor (TFT) display is a type of screen used in devices such as smartphone, laptops, and monitors. It employs a special technology called thin-film transistors to individually control each pixel's brightness and color. TFT displays offer vibrant and clear visuals, making them popular choices for electronic devices. They provide sharper images and consume less power compared to traditional displays. 

U.K. Thin Film Transistor (TFT) Display  Market Dynamics

Drivers

  • Rising Demand of Consumer Electronics

The increasing demand for consumer electronics in the U.K. is a promising trend that is expected to have a positive impact on the thin film transistor (TFT) display market. Several factors contribute to this rising demand, including the surge in online shopping, which has made it more convenient for consumers to access a wide range of electronic devices. The ease of online electronics purchases has led to increased adoption of TFT displays in gadgets such as smartphones and tablet. In addition to that smart home automation has increased demand for TFT-equipped devices, such as TVs, speakers, and appliances, providing intuitive interfaces and seamless interaction. Another significant contributor to the increasing demand for consumer electronics is the thriving gaming industry. Video gaming has become a mainstream entertainment activity, with TFT displays enhancing immersive gaming experiences with vivid graphics and smooth refresh rates. Furthermore, U.K. TFT displays demand surges due to 5G adoption, offering faster data speeds and low latency for seamless streaming. The demand for devices with TFT displays, capable of supporting higher resolutions and faster refresh rates, is expected to rise significantly, as users seek to leverage the benefits of 5G.

  • Incorporation of TTF Display in Various Sectors Such as Automotive and Healthcare

In the automotive industry, TFT displays find widespread application in instrument clusters, head-up display (HUDs), and infotainment systems. Instrument clusters equipped with TFT displays offer clear and detailed information on vital vehicle parameters, including speed, fuel level, engine temperature, and more. These high-resolution displays with wide viewing angles ensure easy readability for drivers, even in bright sunlight, enhancing the overall driving experience and safety. Thin film transistor (TFT) display is a critical step in the generation of petroleum-based fuels. Alkylate is in great demand for the production of refinery products, and this is because refinery products are becoming increasingly popular over the world. In the healthcare sector, TFT displays have revolutionized medical imaging technologies. Medical imaging devices, such as X-ray machines, ultrasound machines, and MRI scanner, rely on TFT displays to deliver high-resolution and accurate images. These displays aid healthcare professionals in diagnosing and treating patients more effectively, providing detailed insights into medical conditions and guiding appropriate medical interventions.

U.K. Thin Film Transistor (TFT) Display Market

Opportunities

  • Advancements in Display Technologies

Advancements in TFT display technologies have indeed led to improvements in performance, resolution, and flexibility, presenting opportunities for the U.K. thin film transistor (TFT) display market. The development of various TFT types, such as amorphous silicon (a-Si), polycrystalline silicon (poly-Si), oxide TFTs, and organic TFTs, has enabled manufacturers to cater to diverse applications and consumer demands.

The adoption of higher-performing TFT technologies, such as poly-Si and oxide TFTs, has facilitated the production of high-resolution displays with pixel densities exceeding 4K. This has enhanced visual experiences and also driven demand for advanced displays in sectors including smartphones, laptops, tablets, and TVs. Continuous improvements in TFT manufacturing processes have contributed to cost reduction and improved uniformity, making TFT displays more accessible and affordable to consumers, thereby expanding the U.K. market. In addition to that, the development of wider viewing angles in TFT displays has improved user experiences, particularly for devices namely smartphones and tablets, where users often view screens from different angles. This enhancement offers better visibility and readability, augmenting the appeal of TFT displays to a broader audience.

Moreover, the advent of flexible displays using TFT technology has created new possibilities for wearable devices and foldable smartphones. As consumers seek more innovative and versatile gadgets, flexible displays offer unique selling points, creating a niche market segment with growth potential for U.K. TFT display manufacturers.

  • Partnerships and Agreements Between Display and End Use Product Manufacturers

Partnerships and agreements between display manufacturers and end-use product manufacturers can create significant opportunities for the market. When display manufacturers collaborate with companies that produce end-use products such as smartphones, tablets, TVs, monitors, and automotive display, it leads to a symbiotic relationship that benefits both parties and the overall market.

These partnerships enable display manufacturers to gain valuable insights into the specific requirements and preferences of end-use product manufacturers. This allows them to tailor their TFT display technologies to better meet the needs of the end products, leading to improved performance, higher efficiency, and enhanced user experiences. By understanding the demands of end-use products, TFT display manufacturers can develop customized solutions that cater to diverse applications, thus gaining a competitive edge in the market. In addition to that agreements with end-use product manufacturers often involve long-term supply contracts. These contracts provide stability and predictability for display manufacturers, ensuring a steady demand for their TFT displays. As a result, TFT display manufacturers can plan their production and investments more efficiently, leading to cost optimization and potential economies of scale. Moreover, secure supply contracts can attract investors and encourage innovation in the TFT display market, further driving growth opportunities in the U.K.

Restraints/Challenges

  • Fluctuations in Raw Materials Prices

Fluctuations in raw materials can significantly impact the manufacturing and pricing of TFT (Thin-Film Transistor) displays. TFT displays rely on several key raw materials, including glass substrates, indium tin oxide (ITO) for transparent conductive layers, color filters, liquid crystals, and semiconductors. Changes in the availability and cost of these materials can affect the overall production costs and supply chain dynamics in the TFT display industry.

One of the main factors influencing raw material fluctuations is the country supply and demand dynamics. Shortages or disruptions in the supply chain can lead to price volatility for key raw materials. For instance, if there is an increased demand for TFT displays due to a surge in consumer electronics sales, the demand for raw materials such as glass substrate and semiconductors could outstrip supply, leading to higher prices. Additionally, geopolitical tensions or trade disputes can impact the availability of raw materials, further contributing to fluctuations.

  • Environmental Issues Associated With Thin Film Transistor (TFT) Displays  

The manufacturing and usage of TFT displays are associated with several environmental concerns and regulations. One of the major concerns is the usage of hazardous materials in the production process, such as indium, gallium, and arsenic, which can pose risks to both human health and the environment if not properly handled and disposed of. Additionally, the energy-intensive manufacturing process of TFT displays comes up with greenhouse gas emissions, contributing to climate change.

The disposal of outdated or faulty TFT displays also raises concerns about electronic waste (e-waste) management, as improper handling can lead to environmental contamination and resource wastage.

To address these concerns, various environmental regulations and standards have been put in place globally and in the U.K. to govern the manufacturing and usage of TFT displays. These regulations often focus on reducing the use of hazardous materials, promoting energy efficiency, and enforcing proper e-waste recycling and disposal practices. Compliance with these regulations may require manufacturers to invest in cleaner production methods and adopt more environmentally friendly materials, which can lead to increased production costs.

Recent Development

  • In June 2023, LG Display earned the ‘Circadian Friendly’ certification from TÜV Rheinland. It lowers the impact on the viewer’s biological pattern while still guaranteeing impeccable picture quality. This ‘Circadian Friendly’ certification given by TÜV Rheinland to its products such as TV and monitor panels will ensure improving its customers' quality of life during the day and promote better sleep at night. This further will allow the company to gain the trust of its customer by providing innovative solutions.
  • In December 2022, LG Display introduced a new semiconductor technology Oxide TFTs to replace a–Si TFTs. This technology advancement boosts electron transfer rates 10x resulting in high definition and can be used to produce transparent OLEDs. It helped the company to offer innovative solutions to its customer and further expand and strengthen its market across various regions.

U.K. Thin Film Transistor (TFT) Display  Market Scope

The U.K. thin film transistor (TFT) display market is categorized based on type, technology, fabrication type, installation type, layer, application, and end user. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.

Type

  • Panels
  • High Bright Tfts
  • High Resolution Tft Displays
  • Emi Shielded Tft Displays
  • Stretch Tfts
  • Others

On the basis of type, the market is segmented into high bright tfts, stretch tfts, panels, emi shielded tft displays, high resolution tft displays, and others.

Technology

  • TFT Liquid Crystal Display (LCD)
  • Organic Light Emitting Diode (OLED)
  • Active-Matrix Organic Light Emitting Diode (AMOLED)
  • Others

On the basis of technology, the market is segmented into TFT liquid crystal display (LCD), organic light emitting diode (OLED), active-matrix organic light emitting diode (AMOLED), and others.

Layer

  • Substrate
  • Semiconductor
  • Dielectric
  • Gate Electrode
  • Drain/Source Metal

On the basis of layer, the market is segmented into substrate, semiconductor, dielectric and gate electrode, and drain/source metal.

Installation Type

  • Indoor
  • Outdoor

On the basis of installation type, the market is segmented into indoor and outdoor.

Fabrication Type

  • Inorganic
  • Organic

On the basis of fabrication type, the market is segmented into inorganic and organic.

Application

  • Domestic Use
  • Industrial Use
  • Commercial Use

On the basis of application, the market is segmented into domestic use, industrial use, and commercial use.

End User

  • Consumer Electronics
  • Automotive
  • Healthcare
  • Military
  • Aerospace

On the basis of end user, the market is segmented into consumer electronics, automotive, healthcare, military, and aerospace.   

U.K. Thin Film Transistor (TFT) Display Market

Competitive Landscape and U.K. Thin Film Transistor (TFT) Display  Market Share Analysis

The U.K. thin film transistor (TFT) display market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the U.K. thin film transistor (TFT) display market.

Some of the prominent participants operating in the U.K. thin film transistor (TFT) display market are SAMSUNG, LG Display, Sony Group Corporation, Toshiba Tec Corporation, Fujitsu, Schneider Electric, Anders Electronics PLC, New Vision Display (Shenzhen) Co, Ltd. (An Subsidiary of Tianjin Jingwei Huikai Optoelectronic Co., Ltd)., EIZO Corporation., and Midas Components among others.


SKU-

TABLE 1 U.K. THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY INSTALLATION TYPE, 2021-2030 (USD MILLION)

TABLE 2 U.K. THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TECHNOLOGY, 2021-2030 (USD MILLION)

TABLE 3 U.K. TFT LIQUID CRYSTAL DISPLAY (LCD) IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY BACKLIGHT UNIT, 2021-2030 (USD MILLION)

TABLE 4 U.K. TFT LIQUID CRYSTAL DISPLAY (LCD) IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY INTERFACES, 2021-2030 (USD MILLION)

TABLE 5 U.K. TFT LIQUID CRYSTAL DISPLAY (LCD) IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY COATINGS, 2021-2030 (USD MILLION)

TABLE 6 U.K. TFT LIQUID CRYSTAL DISPLAY (LCD) IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY APPLICATION, 2021-2030 (USD MILLION)

TABLE 7 U.K. THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 8 U.K. PANELS IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 9 U.K. MULTI-DOMAIN VERTICAL ALIGNMENT (MVA) IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 10 U.K. THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY APPLICATION 2021-2030 (USD MILLION)

TABLE 11 U.K. THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY FABRICATION TYPE, 2021-2030 (USD MILLION)

TABLE 12 U.K. THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY LAYER, 2021-2030 (USD MILLION)

TABLE 13 U.K. SEMICONDUCTOR IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 14 U.K. SUBSTRATE IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 15 U.K. GATE ELECTRODE IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 16 U.K. DIELECTRIC IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 17 U.K. THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY END USER, 2021-2030 (USD MILLION)

TABLE 18 U.K. CONSUMER ELECTRONICS IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 19 U.K. AUTOMOTIVE IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 20 U.K. HEALTHCARE IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

TABLE 21 U.K. MILITARY & AEROSPACE IN THIN FILM TRANSISTOR (TFT) DISPLAY MARKET, BY TYPE, 2021-2030 (USD MILLION)

Please fill in the below form for Infographics

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Please fill in the below form for Research Methodology

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

Please fill in the below form for Available Customization

By clicking the "Submit" button, you are agreeing to the Data Bridge Market Research Privacy Policy and Terms and Conditions

Get online access to the report on the World's First Market Intelligence Cloud

  • Interactive Data Analysis Dashboard
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
  • Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Request for Demo

FREQUENTLY ASK QUESTIONS

The U.K. Thin Film Transistor (TFT) Display Market will be worth USD 12,079.15 million by 2030.
The U.K. Thin Film Transistor (TFT) Display Market Growth Rate is 14.1% during the forecast period.
The Rising Demand of Consumer Electronics and Incorporation of TTF Display in Various Sectors Such as Automotive and Healthcare are the Growth drivers of the U.K. Thin Film Transistor (TFT) Display Market.
The type, technology, fabrication type, installation type, layer, application, and end-user are the factors on which the U.K. Thin Film Transistor (TFT) Display Market research is based.
The LG Display earned the ‘Circadian Friendly’ certification from TÜV Rheinland. It lowers the impact on the viewer’s biological pattern while still guaranteeing impeccable picture quality and LG Display introduced a new semiconductor technology Oxide TFTs to replace a–Si TFTs. This technology advancement boosts electron transfer rates 10x resulting in high definition and can be used to produce transparent OLEDs are the latest developments in the U.K. Thin Film Transistor (TFT) Display Market.
Free Sample Report

CHOOSE LICENCE TYPE

  • 4200.00
  • 3500.00
  • 2000.00
  • 5500.00
  • 7500.00

Why Choose Us

Industry Coverage

DBMR works across the globe in multiple industries which equip us with knowledge across verticals and provide our clients with insights not only from their industry but how other industries will impact their ecosystem.

Regional Coverage

Coverage of Data Bridge is not restricted to developed or emerging economies. We work across the globe covering the largest array of countries where no other market research or business consulting firm has ever conducted research; creating growth opportunities for our clients in areas which are still unknown.

Technology Coverage

In today’s world, technology drives the market sentiment, so our vision is to provide our clients insights not only for developed technologies but upcoming and disrupting technological changes throughout the product lifecycle by enabling them with unforeseen opportunities in the market which will create disruption in their industry. This leads to innovation and our clients to come out as winners.

Goal Oriented Solutions

DBMR goal is to help our clients achieve their goals through our solutions; hence we formatively create the most appropriate solutions for our client needs, saving time and efforts for them to drive their grand strategies.

Unparallel Analyst Support

Our analysts take pride in our clients’ success. Unlike others, we believe in working along our clients to achieve their goals with 24 hours analyst support determining the correct needs and inspire innovation through service.

Banner

Client Testimonials