Thin Film Transistor Market Share 2023-2032

Thin Film Transistor Market Share 2023-2032

Aug 30, 2023

The global Thin Film Transistor market was valued at US$ 125.9 million in 2022 and is projected to reach US$ 232.9 million by 2029, at a CAGR of 9.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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A thin film transistor (TFT) is a distinct class of field-effect transistor (FET) produced by depositing thin-films of an active semi-conductor layer along with the dielectric layer & metallic connections over a supporting substrate. It is also a type of flat-panel LCD display screen, in which each pixel is controlled by one to four transistors. This transistor could be made using an extensive variety of semi-conductor materials where a popular material is silicon. Transistors are embedded inside the panel itself, lessening crosstalk between pixels & improving image stability. The primary application of thin film transistors is within TFT LCDs, an implementation of liquid crystal display technology.

A Thin Film Transistor (TFT) is a crucial semiconductor device widely used in electronics, especially in displays like LCDs (Liquid Crystal Displays) and OLEDs (Organic Light Emitting Diodes). It plays a vital role in controlling individual pixels on modern flat-panel screens.

Total Market by Segment:

Global Thin Film Transistor Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Thin Film Transistor Market Segment Percentages, by Type, 2022 (%)

  • Comprises liquid crystal display
  • Electronic paper display
  • Others

Key players include:

  • Sony Corporation
  • Apple, Inc
  • Samsung Group
  • LG Electronics
  • Fujitsu Limited
  • AU Optronic
  • Sharp Corporation
  • Chunghwa Picture Tubes, Ltd
  • BOE Technology Group Co., Ltd
  • Innolux Corporation
  • Japan Display Inc.
  • CSOT (China Star Optoelectronics Technology)
  • Tianma Microelectronics Co., Ltd.
  • Visionox Technology Inc.

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