Global LCD Glass Substrate Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026

LCD glass substrate is a special glass used for thin-film transistor (TFT) LCDs which form the display area of products including LCD televisions, personal computers and mobile phones. An LCD panel consists of various components stacked in a number of layers. These components include a polarizer, a color filter and a liquid crystal layer, with the glass substrate being the most important.
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.

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.

The market is largely to a few Asian countries such as Korea, Taiwan and Japan, as these countries form the main manufacturing hub for high quality glass substrates, one of the core elements used in making LCD panels. However, with the entry of few domestic players in the LCD manufacturing scenario, China is rapidly emerging as a strong contender in the substrates market. Strong entry barriers such as high capital and complex technology requirements further hinder new players from entering the market.

The market concentration of LCD glass substrates is very high, top 3 players occupy near 90% of the global market. Corning enjoys the largest market share in 2016, followed by AGC, NEG. And Tonghsu is the largest producer in China, accounting for over 4.2% of global market.

Market Analysis and Insights: Global LCD Glass Substrate Market
In 2019, the global LCD Glass Substrate market size was US$ 7537.6 million and it is expected to reach US$ 10090 million by the end of 2026, with a CAGR of 4.2% during 2021-2026.
Global LCD Glass Substrate Scope and Market Size
LCD Glass Substrate market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global LCD Glass Substrate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.

Segment by Type, the LCD Glass Substrate market is segmented into
Gen. 8 and above
Gen. 7
Gen. 6
Gen. 5.5
Gen. 5
Gen. 4 and below

Segment by Application, the LCD Glass Substrate market is segmented into
Televisions
Monitors
Laptops
Others

Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Competitive Landscape

and LCD Glass Substrate Market Share Analysis
LCD Glass Substrate market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, LCD Glass Substrate product introduction, recent developments, LCD Glass Substrate sales by region, type, application and by sales channel.

The major companies include:
Corning
AGC
NEG
Tunghsu Optoelectronic
AvanStrate
IRICO
CGC
LG Chem