Thin Film Transistor Market Size 2023-2032
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
- AMOLED
- Others
Key players include:
- Sony Corporation
- Apple, Inc
- Samsung Group
- LG Electronics
- Fujitsu Limited
- AU Optronic
- Sharp Corporation
- Chunghwa Picture Tubes, Ltd
- BASF SE
- 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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