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2021 Display panel industry Research Report
With the support of policies and funds, China has become the largest LCD panel supply market in the world. According to the statistics of China Business Industry Research Institute, China’s panel production capacity accounted for about 29% in 2016, and it is expected that China’s panel production capacity will account for 56% by 2022. LCD panel is promoted by policy, technology and capital The LCD panel industry is capital intensive, labor-intensive, and driven by market demand. The development of panel enterprises needs policy support, technology development and capital investment. LCD panel cycle weakened, the profitability of manufacturers increased significantly Due to the two-year construction period and one-year capacity climbing period, the past LCD panel showed a strong periodicity. As the industry enters the late stage of maturity, the willingness of manufacturers to build new production capacity is greatly reduced. According to our supply and demand model, the compound growth rate of LCD production capacity in the next three years will be 3.1%; The compound growth rate of LCD demand side is about 6.5%, the supply and demand pattern of the industry will be improved, the periodicity will be significantly weakened, the panel price will be maintained in a reasonable range, and the profitability of LCD panel manufacturers will be greatly improved. LCD panel has entered the era of China, and the panel “two heroes” take off The display panel industry is a key industry supported by the state, and the state has issued a number of policies to support
