Flat Panel Display Area Demand Growing Rapidly, According to IHS

Dateline City:
EL SEGUNDO, Calif.
Contacts
Defense, Risk & Security; Healthcare/Pharmaceuticals; Economics; Country & Industry Forecasting; Design & Supply Chain
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Lee Graham for IHS, Inc., +1 212 333 4983
lee@leegrahampr.com

Increasing sizes of display panels for TVs, smartphones, mobile PCs and automotive displays are driving increases in total flat-panel-display area demand growth

EL SEGUNDO, Calif. (January 29, 2015) -- Once focused on unit growth, the entire global flat-panel display (FPD) industry is now shifting to focus on area-demand growth. According to IHS (NYSE: IHS), the leading global source of critical information and insight, display panel shipments for all FPD applications grew 9 percent, year over year, to reach 168.9 million square meters in 2014. Total FPD display area demand is expected to grow at a compound annual growth rate (CAGR) of 5 percent from 2012, reaching 223.6 million square meters in 2020.

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