In July 2023, the global large-size LCD TV panel market continued to maintain a growth trend, with a total shipment of 205m pieces, a year-on-year increase of 72%, but it fell month-on-month, down 23%。Driven by the trend of large size, the average size of LCD TV panels in the world has increased to 491 inch, 04 inches, an increase of 3 over the same period last year4 inches. This trend shows that consumer demand for larger screens continues to grow, while also reflecting the continuous advancement of LCD TV technology and increasing production efficiency. Look for an AI Writer Program
Since the beginning of this year, the share of Chinese mainland TV panel factories in the global market has continued to grow, and has been stable at around 70% for a long time. In July, the market share of TV panel factories in Chinese mainland was 699%, an increase of 1 from June3 percentage points. This shows that Chinese mainland TV panel factories have achieved significant improvements in production capacity and market share, and also reflects the rapid development and rise of China's LCD TV industry.
Among them, BOE (BOE) shipped 5.1 million pieces in the month, ranking first, with a year-on-year increase of 3%. In the market of the three main sizes of 65 inches, BOE continues to maintain its leading position. This shows that BOE has strong competitiveness and stable sales performance in the LCD TV panel market.
CSOT (Huaxing Optoelectronics) shipped 4.4 million pieces in the month, a significant increase of 25 percent year-on-year8%, an increase of 12%。In the five five inches and 75 inches of the two key size products, CSOT shipments remain the first in the world. This shows that CSOT has a unique advantage and leading position in the production and sales of a specific size market.
Taiwanese panel manufacturers Innolux (Innolux) and AUO (AUO) have a combined market share of 197%, up 2 from the same period last year5 percentage points, a slight decrease of 07 percentage points. Although the market share of Taiwanese panel factories fluctuates, they still maintain a certain market share and competitiveness in general.
The combined market share of Japanese and South Korean panel factories was 104%, the total volume decreased year-on-year. Among them, Sharp's market share in July was 7%, while LGD's global market share was around 3%. Although the market share of Japanese and Korean panel manufacturers has declined, they still have a certain competitiveness and market share in the global LCD TV panel market.
Overall, the global large-size LCD TV panel market maintains a growth trend, but the competitive landscape is constantly changing. Major panel manufacturers need to continuously improve production efficiency, reduce costs, and optimize product structure to adapt to changes in market demand. At the same time, with the continuous advancement of technology and the rise of emerging markets, panel manufacturers also need to pay close attention to market trends and actively expand new application fields. In addition, panel manufacturers also need to strengthen cooperation with upstream and downstream enterprises to jointly promote the development and innovation of the industrial chain.
Driven by the trend of large size, the average size of the LCD TV panel market continues to grow. This not only satisfies consumer demand for larger screens, but also further promotes the development of LCD TV technology and the improvement of production efficiency. At the same time, the production of large-size LCD TV panels is difficult, and the requirements for technology and technical level are stricter, so panel manufacturers with high technical strength and production experience will occupy a more advantageous position in the market.