Flat-Panel Display Revenue to Top $151B This Year, Says DSCC

Strong flat-panel display demand and a “dramatic increase” in panel prices will spur a 28% year-over-year increase in global industry revenue to a record $151 billion in 2021, reported Display Supply Chain Consultants Monday. Though the revenue surge likely won’t be repeated beyond 2021, industry revenue “will settle at a new, higher plateau, allowing better profitability for the entire display supply chain,” it said. It’s forecasting revenue will exceed $140 billion in the three years through 2024. TV applications dominate flat-panel display shipments on an area basis due to their large average screen sizes and are expected to continue doing so through 2024, but DSCC expects TV panel unit growth will be “close to flat” throughout the forecast period, it said.