The global commercial flat panel display market recorded shipments of 855,000 units in Q2 2016, which constitutes a year-on-year (YoY) increase of 17%. However, the growth can be attributed mainly to the LCD videowall market as a result of rising demand from the security industry in China.
In China, Q2 LCD videowall volumes grew 86% YoY, climbing to shipments of over 140,000 units. Beyond China, the market has remained stagnant with screen volumes falling 10% YoY. The replacement of tiled LCD solutions by large screen 4K panels and narrow pixel pitch (NPP) LED products is one of the primary factors holding back the LCD videowall segment.
Graham Cooke, displays analyst at Futuresource Consulting, commented: “As volume growth slows, manufacturers are focusing on high-value segments, expanding product lines in areas like high brightness, stretched display and 4K product lines.”