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"Global LCD Panel Shipments Projected to Hit 875 Million Units by 2025, with Chinese Mainland Manufacturers Driving Growth"
According to the latest report released by the globally renowned market research firm Omdia, the global LCD panel shipments (9 inches and above) are expected to reach 875 million units in 2025, a year-on-year increase of 2.9%, showing a steady market recovery. Among them, panel manufacturers in mainland China performed particularly well, with shipments expected to grow by 4.8%, continuing to lead the global market.
The report analyzes that this growth is mainly attributed to the strong cost control capabilities, complete industrial chain support, and flexible market strategies of mainland Chinese manufacturers. In response to market fluctuations, major manufacturers have adopted "conservative capacity expansion" and "production on demand" strategies, effectively maintaining the global LCD market's supply-demand balance and price stability, avoiding vicious competition. In addition, demand in niche markets such as automotive displays, high-end commercial monitors, and smart home control screens has provided new momentum for the growth of the LCD industry.
As an important participant in the LCD industry, Golden Vision closely monitors global market dynamics and actively optimizes its capacity layout and product structure. The company is committed to providing customers with high-performance, highly reliable industrial-grade and commercial-grade LCD liquid crystal displays, and has earned a good reputation in the global market through rapid response and customized services.
The Marketing Director of Golden Vision stated: "We agree with Omdia's judgment on market trends. Future competition will be a comprehensive competition of technology, quality, and supply chain stability. Golden Vision will continue to focus on technological innovation, deepen its layout in niche fields such as industrial control and medical sectors, and grow together with customers."
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