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LCD Monitor Success Shown Through Glass Substrate Projections
Of all the ways to measure the success of LCD displays in the market – you may not think of literal measurements in terms of square meters. But some research firms like Global Industry Analysts, Inc. (GIA) look at the demand for the basis of the product, which inherently points to the product’s success. The research firm has recently announced its findings that LCD glass substrates are to cross 467.2 million square meters by 2017. This growth can be attributed to the growing demand for large size displays and the technological advancements in congruence with the growing demand for display applications. The advancements will be pushed by government stimulus programs, which according to GIA, will “drive growth in the market for LCD glass substrates.” Asia will be the primary beneficiary of the growth as the hub of major LCD manufacturers serving the world. Namely, Korea, Taiwan and China are growing the fast in this space, and their momentum is expected to increase. The overall market trend leading to the increasing demand stems from LCD manufacturers pushing LCD TVs with low costs and aggressive marketing strategies. This lead to “a massive market shift from the conventional CRT TVs to the advanced LCD flat panel TVs.” This, partnered with the rapidly developing technology leads to customer turnover and the need for more TVs. The rapid turnover of technology products is one reason why many businesses turn to rental organizations like Vernon Computer Source. Instead of investing in a flat panel TV that may have 3D or touch screen capabilities, they opt for LCD rentals to stay current, and on budget. Companies can choose from a 19-inch, to a 65-inch monitor depending on their needs. The major players who currently, and likely will continue to dominate the market in LCD glass substrates include:
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