2024 Display Panel Utilization Rates: Insights from Omdia
Tuesday, 17 September 2024, 21:01
2024’s Display Panel Market Outlook
According to recent insights from Omdia, the display panel manufacturing sector is poised for a significant change. A forecast drop of 14 percentage points in fab utilization signifies shifts within the industry.
Utilization Rates and Market Dynamics
The lcd display market is under scrutiny as manufacturers adjust their strategies. As the utilization rate approaches 68% in October 2024, ongoing production challenges could redefine market stability.
- Leading manufacturers, particularly in China, are responding to shifts in demand.
- Monitor trends in display panel pricing.
- Evaluate the impact of photonics innovations on production.
Key Factors Influencing Production
Several elements are driving this decline:
- Changing consumer preferences in tv technology.
- Supply chain disturbances affecting the lcd fab.
- Broader economic conditions influencing investment in the display sector.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.