TechNavio recognizes the following companies as the key players in the Global Plasma Display Panel Filter Market: Asahi Glass Co. Ltd., Bridgestone Corp., LG Chemical Ltd., Samsung Corning Precision Materials Co. Ltd., SKC Haas Display Films, and Sumitomo Osaka Cement Co. Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends witnessed in the Global PDP Filter market is the increasing focus on the R&D process. As the market has witnessed a declining demand for plasma displays, the growth of the Global PDP Filter market has been affected. Therefore, to overcome this issue, vendors in this market are focusing on increasing their R&D investment to develop and supply new and advanced filters with enhanced quality to their customers. This will also help PDP display manufacturers enhance their value proposition, resulting in increased sales. Therefore, this trend of increasing R&D investments by vendors is expected to have a positive impact on the market.”
According to the report, one of the main drivers in this market is the increasing number of applications for plasma displays. Recently, there has been an increased adoption of plasma displays in the Hospitality, Corporate, and Public Display sectors as well as in the Non-business Customer sector. Therefore, the increased adoption of plasma displays will inevitably lead to the increase in the demand for PDP filters, thereby contributing to the growth of the market.
Further, the report states that one of the key challenges in this market is the declining sales of PDPs. In the recent past, there has been a drastic decline in the sales of plasma displays. One of the major factors leading to this is the high cost of plasma displays. Moreover, plasma displays are heavier than other displays such as LCD.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-plasma-display-panel-filter-marke…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Plasma Display Panel Filter Market 2012-2016
