Advertisement
News
Advertisement

TFT LCD Glass Substrate Demand Forecast to Grow 15% in 2010 to 278M m2

Wed, 05/12/2010 - 10:25am
General Electric

TFT LCD Glass Substrate Demand Forecast to Grow 15% in 2010 to 278M m2

Glass Manufacturers to Focus on Glass Demand vs. Capacity

Sort Date: 05122010
AUSTIN, TEXAS, May 12, 2010According to its latest Quarterly LCD Glass Substrate Report, DisplaySearch reports that glass substrate demand for 2010 is forecast to grow to 278 million square meters, up 15% from 242 million square meters shipped in 2009. After a steep fall in demand in Q408, demand increased sequentially each quarter in 2009, and has returned to a more typical seasonal pattern.

Figure 1: Glass Substrate Area and Growth

Source: Quarterly LCD Glass Substrate Report

Glass manufacturers have learned from the recession in Q408 and Q109, and as a result, have adjusted their business models to minimize new tank investment. They are now concentrating on increasing capacity of existing tanks and demand, noted Tadashi Uno, Director of Materials and Components Market Research at DisplaySearch and author of the report.

Glass substrate supply has been tight or in shortage since Q209. With strong glass substrate demand, DisplaySearch doesnt foresee any significant price reductions in the near future, making the TFT LCD glass substrate business a profitable sector in the future. Uno added.

On an area basis, Samsung Corning Precision (SCP) had a 33% market share in Q409, followed by AGC (25%), Corning (19%), and NEG (18%). SCPs lead is entirely due to the strength of Korean TFT LCD producers, whereas AGC and Corning are closely matched in Japan and Taiwan.

Table 1: Q409 Substrate Supplier Area Share by TFT Manufacturer Country

Region

Corning

SCP

AGC

NEG

AvanStrate

Japan

40%

0%

41%

17%

2%

Korea

0%

64%

14%

18%

4%

Taiwan

38%

0%

36%

18%

7%

China

50%

7%

16%

22%

5%

Singapore

0%

0%

18%

0%

82%

Total

19%

33%

25%

18%

5%

Source: Quarterly LCD Glass Substrate Report

The DisplaySearch Quarterly LCD Glass Substrate Report is ideal for panel makers, glass makers and product planners interested in details of glass substrate technology and market dynamics. The report covers basic introduction, technical evolutions, market forecast, capacity profiles, supply/demand modeling, and value chain relationships, as well as cost and price, for TFT LCD glass substrate. Please contact Charles Camaroto at 1.888.436.7673 or 1.516.625.2452, e-mail contact@displaysearch.com or contact your regional DisplaySearch office in China, Japan, Korea or Taiwan for more information.

About DisplaySearch

Since 1996, DisplaySearch has been recognized as a leading global market research and consulting firm specializing in the $770 billion display supply chain, as well as the emerging photovoltaic/solar cell industries. DisplaySearch provides trend information, forecasts and analyses developed by a global team of experienced analysts with extensive industry knowledge and resources. In collaboration with the NPD Group, its parent company, DisplaySearch uniquely offers a true end-to-end view of the display supply chain from materials and components to shipments of electronic devices with displays to sales of major consumer and commercial channels. For more information on DisplaySearch analysts, reports and industry events, visit us at http://www.displaysearch.com/. Read our blog at http://www.displaysearchblog.com/ and follow us on Twitter at @DisplaySearch.

About The NPD Group, Inc.

The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,700 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, commercial technology, consumer technology, entertainment, fashion, food and beverage, foodservice, home, office supplies, software, sports, toys, and wireless. For more information, contact us or visit http://www.npd.com/ and http://www.npdgroupblog.com/. Follow us on Twitter at @npdtech and @npdgroup.

SOURCE

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading