Technavio recognizes the following companies as the key players in Global LCD Glass Market 2015-2019: Asahi Glass Co. Ltd. (AGC), Corning Inc and Nippon Electric Glass Co. Ltd.
Other Prominent Vendors in the market are: AvanStrate and LG Chem.
Commenting on the report, an analyst from Technavio’s team said: “One of the trends in this market is the reduced thickness of LCD glass substrates. Vendors are focusing on manufacturing light and thin glass substrates to reduce the thickness of devices that use them. Another major trend is increased innovations in technology.”
According to the report, one of the major drivers in this market is the use of LCDs in many devices, such as smartphones, tablets, TVs, and PCs. As CRT becomes less and less popular, LCD has become the main technology used in many devices, especially portable ones. This is due largely to the reduction in device size and size of display panels, and because the demand for high-quality display has been increasing.
Further, the report states that one of the key challenges in this market is the increased competition from alternative technologies.
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-lcd-glass-market-2015-2019
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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