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LCD market grows
LCD market still growing - LG is new leader

23 Feb 2011 | Rasmus Larsen |

Sales of LCD panels - and LCD panels with LEDs - are still rising at a fast pace. In 2010 the industry saw a 26 % growth compared to 2009. The total sales of large-size LCD panels reached 665 million. LG is now market leader in the large-size LCD panel segment according to DisplaySearch.

665 million LCD panels

We looked at the 2010 plasma market some time ago and here we will take a look at the LCD market. The LCD market is different from the plasma market because LCD panels are used for TVs, laptop screens, tablets, and PC monitors. All these are called “large-size” LCD panels and therefore the mobile phone LCD panel segment has not been included in this overview.

Total sales amounted to 665 million LCD panels in 2010 which is significantly higher than in 2009. All segments saw growth with the tablet segments the strongest growth segment. See the table below.

LG is now largest LCD maker

DisplaySearch also says that LG is now the largest maker of large-size LCD panels. The term large-size covers almost all LCD panels larger than PDA format. LCD panels for mobile phones and other small devices are not included in the numbers.

It’s also important to understand that these numbers refer to LCD panels and not actual LCD-TVs sales. LCD panel makers also sell LCD panels to other companies.

LG Display was the largest LCD maker in 2010 with a 25.9% market share. Samsung was second with 22.9%, AUO from Taiwan was third with 16.8% and Chinese Chimei Innolux (including CMO) was fourth with 16.5%. Sharp was the fifth largest. See the table below.

If you want to learn more about the plasma segment, see this article.

Source: DisplaySearch

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