Global LCD Glass Market to Grow as Demand for Displays Continues
Research and Markets has announced the addition of the “Global LCD Glass Market 2015-2019” report to its offering of market reports. The global liquid crystal display (LCD) glass market is predicted to grow at a compound annual growth rate of 5.1% from 2014 to 2019.
According to the report, one of the major drivers in this market is the use of LCDs in many devices, such as smartphones, tablets, TVs, and PCs. As cathode ray tubes (CRTs) become less and less popular, LCD has become the main technology used in many devices, especially those that are portable. This is due largely to the reduction in device and display panel size, as well as the increase in demand for high-quality displays.
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. The LCD glass substrates used in display devices are very thin, from 0.3 to 0.7 mm. The advantage of LCDs compared to other display technologies is the relative ease of displaying the content that can be customized depending on the application.
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