According to the global LCD color filters market research report released by Technavio, the market is expected to post a CAGR of around 1%during the forecast period. However, the growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth.
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According to the global LCD color filters market research report released by Technavio, the market is expected to post a CAGR of around 1% until 2022. (Graphic: Business Wire)
This research report titled 'Global LCD Color Filters Market 2018-2022' provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The global LCD color filters market analysis categorizes the market into the following end-users:
- Smartphone manufacturers
- TV manufacturers
- Notebook/laptop and PC manufacturers
- Tablet manufacturers
In 2017, the smartphone manufacturers segment accounted for around 54% of the LCD color filters market share and is projected to decline to nearly 52% share by 2022, exhibiting an almost 2% decrease in market share.
Global LCD color filters market: Top emerging trend
The growing popularity of digital signage applications is an emerging market trend. The adoption of digital signage has been rising owing to several advantages including audience engagement, elimination of paper waste, cost-effectiveness, dynamic content control, and targeted content display. These advantages have made digital signage a better alternative when compared with the other advertising media such as posters and banners.
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Technavio's report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global LCD Color Filters Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (smartphone manufacturers, TV manufacturers, notebook/laptop and PC manufacturers, and tablet manufacturers)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (BOE Technology Group, Dai Nippon Printing, LG Display, SAMSUNG ELECTRONICS, and SHARP (Hon Hai Precision Industry))
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180920005928/en/
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