TV Panel Shipment For 2020 Forecast to Reach 267.53 Million Units

- Advertisement -

TV sets’ sell-in this year is projected to reach 24 per cent, which is lower than the 2019 figure of 31 per cent, thereby generating an upward momentum for TV panel prices

Yearly TV panel shipment for 2020 is projected to reach 267.53 million units, a 6.2 per cent decrease YoY, while shipment by area is projected to increase by 0.7 per cent YoY, coming to 169.6 million square meters, according to TrendForce’s latest investigations.

“The decrease can mostly be attributed to three factors: first, the trend of gradual increases in TV sizes; second, the slowdown in capacity expansions for panel fabs; and finally, the continued high demand for IT panels, the manufacturing of which crowded out fab capacities for TV panels,” read a report by TrendForce.

- Advertisement -

It continued, “Furthermore, due to the aforementioned decreases in TV panel capacity and TV panel shipment, the glut ratio of TV panel shipment vs. TV set sell-in this year is projected to reach 24 per cent, which is lower than the 2019 figure of 31 per cent, thereby generating an upward momentum for TV panel prices.”

Average size of TV panels will likely further increase to 50 inches

The cyclical upturn in TV sets, as per the report, has ramped up the demand for large-sized display products, gradually pushing the average TV panel size towards 48.7 inches. However, given the manufacturers’ limited capacity expansion, the supply of TV panels has remained tight, and the glut ratio of TV panel shipment vs TV set sell-in is projected to decrease to about nine per cent in 2H20.

“That means TV panel prices can rise by up to 30 per cent and 10 per cent QoQ on average in 3Q20 and 4Q20, respectively,” read the report.

In terms of TV panel shipment by area, total shipment is projected to increase by 3.5 per cent YoY in 2021, reaching 175.5 million square meters. On the other hand, the average size of TV panels will likely further increase to 50 inches, while the interplay between supply and demand is expected to result in a 20 per cent glut ratio of TV panel shipment vs.

“TV set sell-in in 2021 compared to 24 per cent in 2020, meaning the market’s shortage situation is expected to persist,” read TrendForce’s report.

- Advertisement -

Most Popular Articles

Delhi Extends EV Policy To Combat Pollution, Boost Adoption

0
As Delhi chokes with its repeated hazardous AQI, Delhi extends its EV policy until March 2025 to boost electric vehicle adoption while a new...

INOXAP, ReNew Partner For Eco-Friendly Solar Cell Manufacturing

0
Boosting eco-friendly production of solar PV cells, INOXAP kicks off industrial gas supply for ReNew’s solar plant in Gujarat, claiming to drive India’s clean...

Germany Plans $2 Billion Boost For Semiconductor Industry

0
Attempting to reduce reliance on Asian suppliers under the European Chips Act, Germany might invest $2.11 billion in advanced chip factories to ensure Europe's...

Element14 Expands Sensor Portfolio With Roxspur Range From TT Electronics

0
This expansion, featuring technologies for aerospace, defense, and industrial sectors, offers customers a comprehensive selection of reliable solutions for demanding applications. element14, has announced the...

ESA Funds €34.6M For Open Cosmos’ Satellite Mission

0
Launching three satellites to study Earth's magnetic field and ionosphere, starting in 2026, the European Space Agency has sanctioned €34.6 million to Open Cosmos-led...
Andy C Mackie, Principal Engineer - Advanced Materials, Indium Corporation

“Our Multi-Alloy System Enables Solder Joints To Form At Lower Processing Temperatures Without Sacrificing...

0
Liquid metal-based thermal solutions offer efficient cooling but face challenges like spillage and reliable thermal resistance in ultra-thin layers. Akanksha Sondhi Gaur and Nijhum...
S.K. Yadav of RIGOL Technologies

“Our India Business Is $2 Million, With A Goal To Reach $6 Million” –...

0
In a chat with EFY’s Nitisha, S.K. Yadav of RIGOL Technologies highlights the company’s journey in India, shedding light on its growth prospects and...
Bejoy George, Managing Director- Chipmax Designs Private Limited,

“We Are Advancing R&D Projects To Develop Modular Assembly Lines With Adaptive Robotics” –...

0
How do you envision technological progressions influencing the future of manufacturing operations? Get informed from Electronics for You’s Akanksha while in dialogue with Bejoy...
Srinivas Parikshith, Co-founder of Auckam Technologies

“We Anticipate Turnover Reaching 40 Million Rupees Next Year With The New Product Line”...

0
Discussing the electronics manufacturing sector, Srinivas Parikshith, Co-founder of Auckam Technologies, talked to EFY’s Nitisha Dubey about their expansion plans to set up a...

“We Bring Intelligence Early On Into The Design Cycle” – Michel Van Cotthem VP...

0
With a solution embedding intelligence early in the design-to-source lifecycle, Supplyframe aims to leverage India’s electronics manufacturing boom. At IEW 2024, Michel Van Cotthem...

HKTDC Electronics Fair Sparks Innovation, 60,000+ Participants!

0
Showcasing cutting-edge tech, global innovation, and booming markets for the future of electronics, HKTDC’s Hong Kong Electronics Fair and electronicAsia drew 60,000+ professionals. Last month,...
Applied Materials Representational Image

Applied Materials Selects Six Startups For Deep-Tech Accelerator Programme

0
The selected deep-tech startups will be evaluated for investment by Applied Ventures and potential collaboration opportunities with Applied Materials. In collaboration with the company's India...

Space tech Startup Akash Secures $68M CHIPS Funding

0
Eyeing to power into AI, EVs, and more high-tech industries, Akash Systems lands $68 million CHIPS grant to boost its cooling tech facility, generating...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

Industry's Buzz

Learn From Leaders

Startups