According to the latest research from the WitsView research division of TrendForce, the 2019 shipment of gaming monitors (defined by WitsView as monitors with frame rate over 100Hz) is estimated at up to 8.5 million units, a 57% growth YoY, compared to 2018 figures. With the diversification of panel types and monitor models from different brands, the growth momentum of this industry is expected to continue well into the next few years, with projected shipment of 11-12 million units in 2020.
The increase in die bonding efficiency, the decrease in Mini LED chip cost, and the historical low of open cell prices all contributed to the significantly lowered costs of displays utilizing Mini LED backlighting. According to the New Display Technology Cost Analysis quarterly report from the WitsView research division of TrendForce, Mini LED backlighting has significantly lowered the cost of display modules used in 65-inch 4K TVs. These display modules are estimated to see approximately 5-10% cost reductions compared to 2018 costs. This is expected to accelerate the widespread adoption of Mini LED.
According to the latest report by the LEDinside research division of TrendForce, titled 2020 Global LED Video Wall Market Outlook – Meeting Room, Sales Channel and Price Trend, the demand for displays with high resolution and HDR capabilities has skyrocketed; thus, the LED fine pitch display (pixel pitch ≤ P2.5) market is expected to reach 27% CAGR in the 2019-2023 period. On the other hand, ultra-fine pitch displays have more momentum for growth because of their lower shipment numbers at the present. The ultra-fine pitch display (pixel pitch ≤ P1.1) market is therefore projected to reach 58% CAGR.
According to the latest analysis from the WitsView research division of TrendForce, as electronic device manufacturers start to develop product strategies for the 2020 market driven by the commercialization of 5G technology, foundries are likewise raising their capacity utilization rates. Specifically, 8-inch and 12-inch wafer fabs of large foundries are estimated to reach near-maximum production capacities in 4Q19, thus compressing the supply of large-sized DDI and small-sized TDDI.
The latest analysis from the WitsView research division of TrendForce shows that global TV shipment in 3Q19 reached 54.97 million units, a 16.8% growth QoQ and 1.9% decline YoY. As China-U.S. trade relations worsened in 2Q19, TV brands took on a speculative attitude towards stocking-up. This attitude completely changed with the imminent arrival, towards the second half of 3Q19, of Double 11 in China and year-end festivities in Europe and the Americas, which are both shopping holidays that require companies to stock up. Not only did TV brands actively ramp up their shipments, but they also hoped to make up for lost sales in 1H19 through large-scale sales promotions.
