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Futuresource Flat Panel Track

Date Published:

 

Current Market Trends

Q1 year-on-year activity in the global flat panel display equipment market surpassed that of Q4 2021, achieving double digit volume growth. Market value also saw some expansion, at 4% year-on-year, achieving sales of $4.3 billion.

While Q1 2022 was unable to surpass the record unit volume performance posted in Q4 2021, it is still the second strongest quarter on record. This reflects mounting market confidence and the many opportunities that are continuing to emerge for players within this sector.

Component shortages continue to impact the market negatively, although large, vertically integrated vendors are feeling less pressure than their competition. And while Q1 remained relatively unaffected by the situation in Russia and Ukraine, the rest of 2022 and beyond will see sales affected as the conflict continues.

 

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