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LCD TV Panel Market Size, Share & Trends (2024-2030): Major Demand for 55”+ and Smart TVs Drives Growth | Valuates Reports

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BANGALORE, India, Jan. 24, 2025 /PRNewswire/ — LCD TV Panel Market is Segmented by Type [32” and Below, 37”, 39”, 40”/42”/43”, 46”/47”/48”, 50”, 55”/58”, 60”, 65”, 65”+], by Application [Residential, Commercial].

The global LCD TV Panel Market is projected to grow from USD 54770 Million in 2024 to USD 62410 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 2.2% during the forecast period.

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Major Factors Driving the Growth of LCD TV Panel Market:

The LCD TV Panel Market is poised for substantial growth, driven by the increasing demand for high-quality and feature-rich televisions across residential and commercial sectors. The market is characterized by continuous advancements in display technologies, such as higher resolutions (4K and 8K), improved color accuracy, and enhanced smart features, which enhance the viewing experience and attract consumers.

The expansion of the entertainment and media industries, coupled with the rise of streaming services, increases the demand for large and high-definition displays. Moreover, the proliferation of digital signage and advertising in commercial spaces creates additional opportunities for LCD TV panel manufacturers.

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TRENDS INFLUENCING THE GROWTH OF THE LCD TV PANEL MARKET:

55”/58” and 60” LCD TV panels drive the growth of the LCD TV Panel Market by catering to the demand for medium-sized televisions that offer an optimal balance between screen size and room compatibility. These sizes are particularly popular among consumers who seek immersive viewing experiences without overwhelming their living spaces. The 55”/58” and 60” panels are ideal for both home entertainment setups and commercial environments such as retail displays and hospitality venues. Advances in display technologies, including higher resolutions, improved color accuracy, and enhanced smart features, make these panels highly attractive to consumers looking for high-quality visual performance. Additionally, the versatility and adaptability of 55”/58” and 60” LCD TV panels allow them to be integrated seamlessly into various interior designs, further boosting their popularity and driving the growth of the LCD TV Panel Market.

65” and 65”+ LCD TV panels significantly contribute to the growth of the LCD TV Panel Market by meeting the increasing demand for large-screen televisions that provide an exceptional viewing experience. These larger panels are favored by consumers who prioritize cinematic quality and expansive displays for home theaters, gaming setups, and immersive entertainment. The growing trend of smart homes and the integration of advanced features such as 4K and 8K resolutions, HDR support, and enhanced connectivity options make 65” and larger LCD TV panels highly desirable. Additionally, the rise of ultrawide and bezel-less designs enhances the aesthetic appeal and functionality of these large-screen televisions, making them a preferred choice for premium and luxury segments. The ability to deliver superior image quality and immersive viewing experiences drives the adoption of 65” and larger LCD TV panels, thereby propelling the growth of the LCD TV Panel Market.

High definition (HD) and 4K resolution are significant factors driving the LCD TV Panel Market, as consumers increasingly seek superior image quality and clarity. HD and 4K TVs offer four times the resolution of standard HD, providing sharper and more detailed images that enhance the viewing experience for movies, sports, and gaming. The demand for 4K resolution is further fueled by the availability of 4K content through streaming services, Blu-ray discs, and gaming consoles. Additionally, advancements in LCD panel technologies, such as OLED and QLED, deliver improved color accuracy, brightness, and contrast ratios, making HD and 4K TVs more appealing. The pursuit of higher resolution displays aligns with consumer expectations for premium and high-performance televisions, driving the adoption of advanced LCD TV panels and supporting market growth.

Smart TV features are a crucial factor driving the growth of the LCD TV Panel Market, as they enhance the functionality and user experience of modern televisions. Smart TVs integrate internet connectivity, allowing users to access streaming services, browse the web, and download applications directly on their televisions. Features such as voice control, personalized recommendations, and seamless integration with smart home devices add convenience and interactivity, making smart LCD TVs highly desirable. Additionally, the ability to connect to multiple devices, such as smartphones, tablets, and gaming consoles, expands the versatility and usability of LCD TV panels. The continuous advancement of smart TV technologies, including AI-driven interfaces and enhanced user interfaces, further boosts their appeal, driving the adoption of smart LCD TV panels and contributing to the growth of the LCD TV Panel Market.

Competitive pricing strategies are a key factor driving the LCD TV Panel Market, as manufacturers aim to attract a broad range of consumers by offering high-quality TVs at various price points. The availability of budget-friendly options alongside premium models ensures that consumers with different financial capacities can access LCD TV panels that meet their needs. Manufacturers employ competitive pricing by leveraging economies of scale, optimizing production processes, and incorporating cost-effective materials without compromising on quality. Additionally, promotional discounts, bundling offers, and seasonal sales events make LCD TVs more affordable and accessible to a wider audience. The balance between quality and affordability encourages widespread adoption of LCD TV panels, supporting the overall growth of the market.

Growing e-commerce sales are a significant factor driving the LCD TV Panel Market, as online platforms provide consumers with convenient access to a wide range of products and competitive pricing. The rise of e-commerce giants like Amazon, Alibaba, and specialized electronics retailers facilitates the easy comparison of different LCD TV models, specifications, and prices, enabling informed purchasing decisions. Online sales channels also offer extensive customer reviews, detailed product information, and virtual demos, enhancing the buying experience and boosting consumer confidence in their purchases. Additionally, the convenience of home delivery and hassle-free returns makes online shopping an attractive option for purchasing LCD TVs. The increasing preference for e-commerce over traditional retail stores drives the expansion of LCD TV panel sales, thereby supporting the growth of the LCD TV Panel Market.

Integration with smart home systems is an essential factor driving the LCD TV Panel Market, as it enhances the interoperability and functionality of televisions within connected living environments. Modern LCD TVs are designed to seamlessly connect with smart home ecosystems, allowing users to control their TVs through voice assistants like Amazon Alexa, Google Assistant, and Apple Siri. This integration enables synchronized operation with other smart devices, such as lighting, thermostats, and security systems, creating a cohesive and automated home experience. Additionally, the ability to stream content from various devices and access smart applications directly on the TV enhances user convenience and engagement. The demand for interconnected and intelligent home solutions drives the adoption of LCD TV panels that support smart home integrations, thereby propelling the growth of the LCD TV Panel Market.

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LCD TV PANEL MARKET SHARE

Global LCD TV Panel key players include Samsung Display, LG Display, Innolux Crop, AUO, CSOT, etc. Global top five manufacturers hold a share over 80%.

China is the largest market, with a share over 50%, followed by South Korea and China Taiwan, both have a share over 35%.

In terms of product, 32” is the largest segment, with a share over 30%.

Key Companies:

Samsung DisplayLG DisplayInnolux Crop.AUOCSOTBOESharpPanasonicCEC-Panda

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–          Industrial LCD Panel PC Market

–          LCD Splicing Display Market

–          LCD Video Walls Market

–          LCD Reflective Film Market

–          LCD Screen Melting Point Apparatus market was valued at USD 54 Million in 2023 and is anticipated to reach USD 70 Million by 2030, witnessing a CAGR of 2.8% during the forecast period 2024-2030.

–          TFT Color LCD Market was estimated to be worth USD 76380 Million in 2023 and is forecast to a readjusted size of USD 81460 Million by 2030 with a CAGR of 0.5% during the forecast period 2024-2030.

–          Industrial TFT LCD Market was estimated to be worth USD 22040 Million in 2023 and is forecast to a readjusted size of USD 33200 Million by 2030 with a CAGR of 6.2% during the forecast period 2024-2030.

–          LCD Bias Supply ICs Market

–          Medical LCD Monitor Market

–          LCD Bias Supply ICs Market

–          Flexible Display Technology market was valued at USD 9826.1 Million in 2023 and is anticipated to reach USD 100660 Million by 2030, witnessing a CAGR of 34.5% during the forecast period 2024-2030.

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Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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DEFSEC Ships New BLISS (“Battlespace Laser Identification Sensor System”) To U.S. Army Yuma Test Center

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OTTAWA, ON, April 29, 2026 /PRNewswire/ – DEFSEC Technologies Inc. (TSXV: DFSC) (TSXV: DFSC.WT.U) (NASDAQ: DFSC) (NASDAQ: DFSCW) (“DEFSEC” or the “Company”) today confirmed that it has now shipped two new networked BLISSTM systems to the United States Army Yuma Test Center (US Army YTC) for test and evaluation.

The BLISSTM shipment today to the US Army YTC follows delivery of an earlier version, called BLDS (Battlefield Laser Detection System) to the U.S. Army last year for testing and trial activity.  BLISSTM is an enhanced, networked version of BLDS as the next step in the evolution of the Company’s technology roadmap for battlespace laser detection and intelligence.

The patent-pending BLISSTM system alerts operators to laser activity across the battlespace, providing critical early warning and valuable seconds to assess, evade, defend, and deploy countermeasures. Miniaturized BLISSTM sensors can be mounted on vehicles and fixed infrastructure, or worn on personnel, to affordably blanket a battlespace with sensors for enhanced survivability and situational awareness and battlespace intelligence in contested environments.  It transforms laser warning into shared, actionable battlespace information.

Beyond real-time detection, BLISSTM incorporates enhanced laser pulse signature capture and analysis to help identify the source, intent, and affiliation of detected emissions.  By enabling users to distinguish among known signatures, the system supports faster, more informed tactical decisions.

“The BLISSTM system shipped today to Yuma for US Army testing represents a major step forward in tactical-edge force protection and actionable battlespace intelligence for commanders,” said Sean Homuth, President and CEO. “This capability will provide operators with critical time, better information, and a meaningful operational advantage against laser-enabled threats, including those seen in current Middle East conflicts.”

DEFSEC expects to brief domestic and foreign delegations on its BLISS product at Canada’s upcoming annual defence and security show, “CANSEC”, May 27 and 28, 2026, in Ottawa.

About DEFSEC

DEFSEC (TSXV: DFSC) (TSXV: DFSC.WT.U) (NASDAQ: DFSC) (NASDAQ: DFSCSW) (FSE: 62UA) develops and commercializes breakthrough next-generation tactical systems for military and security forces. The company’s current portfolio of offerings includes digitization of tactical forces for real-time shared situational awareness and targeting information from any source (including drones) streamed directly to users’ smart devices and weapons. Other DEFSEC products include countermeasures against threats such as electronic detection, lasers and drones. These systems can operate stand-alone or integrate seamlessly with OEM products and battlefield management systems, and all come integrated with TAK. The company also has a new proprietary less-lethal product line branded PARA SHOTTM with applications across all segments of the non-lethal market, including law enforcement. The Company is headquartered in Ottawa, Canada.

For more information, please visit https://www.defsectec.com

Forward-Looking Statements

This news release contains “forward-looking statements” and “forward-looking information” within the meaning of Canadian and United States securities laws (collectively, “forward-looking statements”), which may be identified by the use of terms and phrases such as “may”, “would”, “should”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “plan”, “foresee”, “have sight of”, “believe”, or “continue”, the description of “optimism”, ” momentum” or “interest”,  the negative of these terms and similar terminology, including references to assumptions, although not all forward-looking statements contain these terms and phrases. Forward-looking statements are provided for the purpose of assisting the reader in understanding us, our business, operations, prospects and risks at a point in time in the context of historical and possible future developments and therefore the reader is cautioned that such information may not be appropriate for other purposes. Such forward-looking statements are based on the current expectations of DEFSEC’s management and are based on assumptions and subject to risks and uncertainties that are documented in detail in the Company’s public filings. Forward-looking statements included in this include, but are not limited to: management’s belief of sufficiency of available financial resources to support forecasted activities in 2026 based on cash on hand, anticipated revenue streams and planned expenditures in the fiscal year, subject to execution of the Company’s operating plan and other risks and factors described  in its public filings; interest in DEFSEC LightningTM, BLISSTM or other products and services as well as timing of full implementation or commercial release thereof; the Company’s estimates of increases to annualized gross margin on a go-forward basis and extent thereof, if any; the stage of scaled production for the PARA SHOTTM technology into new training cartridges and timing of release thereof; and management’s belief that its extensive customer base of law enforcement agencies for ARWEN throughout North America is a ready market for its new products like PARA SHOTTM as well as DEFSEC LightningTM.

Although DEFSEC’s management believes that the assumptions underlying such forward-looking statements are reasonable, they may prove to be incorrect. The forward-looking statements discussed in this news release may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting DEFSEC, including DEFSEC’s inability to execute on its current operating plan and/or fiscal 2026 forecasted activities, DEFSEC’s inability to secure contracts and subcontracts (on the timelines, size and scale expected or at all), statements of work and orders for its products in fiscal 2026 and onwards for reasons beyond its control, the renewal or extension of agreements beyond their original term, the granting of patents applied for by DEFSEC, inability to finance the scale up to full commercial production levels for its physical products, inability to secure key partnership agreements to facilitate the outsourcing and logistics for its ARWEN® and PARA SHOTTM products, inability to commercialize DEFSEC’s Battlespace Laser Identification Sensor System (BLISS), inability to secure or complete the execution of government contracts, inability to drive growth in DEFSEC’s ARWEN® product line, inability to advance the commercialization of DEFSEC’s PARA SHOTTM products, delay or inability to launch DEFSEC’s Lightning SaaS offering, lower than expected or delayed demand for DEFSEC’s BLISS, overall interest in DEFSEC’s products being lower than anticipated or expected; general economic and stock market conditions; a stagnation or decrease in North American defense and public safety spending, adverse industry events; future legislative and regulatory developments in Canada, the United States and elsewhere; the inability of DEFSEC to implement and execute its business strategies; risks and uncertainties detailed from time to time in DEFSEC’s filings with the Canadian Security Administrators and the United States Securities and Exchange Commission, and many other factors beyond the control of DEFSEC. Although DEFSEC has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and DEFSEC undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the TSX Venture Exchange nor its respective Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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SOURCE DEFSEC Technologies Inc

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SPX Cooling Tech Unveils the Marley® OlympusMAX™ Fluid Cooler

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Maximum Capacity. Trusted Performance.

OVERLAND PARK, Kan., April 29, 2026 /PRNewswire/ — SPX Cooling Tech, LLC announced the launch of the Marley® OlympusMAX™ Fluid Cooler, engineered to deliver unmatched performance, efficiency and design flexibility for mission-critical facilities. Designed to meet the evolving demands of data centers, industrial plants and high-density cooling applications, the OlympusMAX Fluid Cooler sets a new benchmark in dry and adiabatic cooling technology.

Built on a century of heat rejection expertise, the OlympusMAX Fluid Cooler brings a new level of performance in dry and adiabatic cooling.  It is available in both adiabatic and dry configurations. The bolt-on adiabatic module can be factory or field installed—or even installed after the equipment is operational in order to provide maximum flexibility in response to changing conditions and site demands.

As global data center density continues to expand, operators are increasingly seeking cooling solutions that balance performance, energy use, water use and operational flexibility. “OlympusMAX reflects our commitment to advancing cooling technology to support the evolving demands of mission-critical facilities,” said Dustan Atkinson, Director of Product Management for SPX Cooling Tech. “By offering scalable dry and adiabatic performance, engineered flexibility and streamlined installation, we’re helping facilities meet increasingly challenging demands while maintaining efficiency and long-term reliability.”

At the heart of the OlympusMAX adiabatic module is a patent-pending recirculating adiabatic design that significantly reduces blowdown, minimizing unnecessary water discharge while improving system efficiency. Unlike traditional once-through or spray systems, the unit’s recirculation technology delivers more uniform water flow across the pad – improving saturation efficiency, extending pad life and reducing mineral accumulation on critical components. The result is more predictable energy and water consumption – a critical advantage for performance-sensitive environments such as hyperscale data centers.

Engineered for uptime, the OlympusMAX features high-efficiency Marley Geareducer® gear drives, robust construction materials and integrated component redundancy, including mission-critical fan and VFD systems. With unit options ranging from 120 to 240 horsepower, the design maximizes cooling capacity per square foot, delivering industry-leading heat rejection density.

Installation and serviceability were key priorities in the system’s development. Each unit ships with a factory-assembled electrical access platform, single-point wiring connection, VFDs and PLC controls pre-installed, and full-size access doors with internal walkways. These features streamline installation while enabling safer operation and easier maintenance.

The launch underscores SPX Cooling Tech’s mission to provide flexible, high-efficiency heat rejection solutions across its full portfolio including dry coolers, adiabatic coolers, evaporative coolers, and cooling towers, ensuring customers have a single-supplier solution tailored to their operational strategy.

About SPX Cooling Tech, LLC
SPX Cooling Tech is a leading global manufacturer of cooling towers, fluid coolers, adiabatic and dry cooling systems, evaporative condensers, industrial evaporators and OEM aftermarket parts from brands that include Marley®, Recold® and SGS Refrigeration. Since 1922, our brands’ cooling systems, components and technical services have supported applications in heating, ventilation and air conditioning (HVAC), refrigeration, and industrial process cooling. SPX Cooling Tech and its product brands are part of SPX Technologies, Inc. For more information see www.spxcooling.com.

About SPX Corporation
SPX Technologies is a supplier of highly engineered products and technologies, holding leadership positions in the HVAC and detection and measurement markets. Based in Charlotte, North Carolina, SPX Technologies has approximately 4,700 employees in 16 countries and is listed on the New York Stock Exchange under the ticker symbol “SPXC.” For more information, please visit www.spx.com.

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SOURCE SPX Cooling Technologies

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Technology

AMTD’s TGE Reports Full Year Results with 27.7% Increase in Revenue, with 25.5% Increase in Total Assets and 9.1% Increase in Net Assets

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PARIS and LONDON and NEW YORK, April 29, 2026 /PRNewswire/ — The Generation Essentials Group (“TGE” or the “Company”) (NYSE: TGE, LSE; TGE), a NYSE and LSE dual-listed company and a subsidiary of AMTD Group Inc., today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission, with summary highlights below:

Total Revenue increased by 27.7% from US$77.0 million to US$98.3 millionTotal non-GAAP Net Income increased by 3.2% from US$44.7 million to US$46.2 million Total Assets amounted to US$1,464.1 million (US$30.2/share)Net asset value amounted to US$839.1 million (US$17.3/share)

The annual report is available on the Company’s investor relations website at  http://thegenerationalessentials.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to Investor Relations Office at ir@tge.media.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media

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SOURCE The Generation Essentials Group

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