Shipment Ratio of 20”w and above LCD Monitors to Reach 70%, Says TrendForce

Inventory for monitor panels 19.5W and 23.6W inches are currently low and supply is tight, according to latest research by WitsView, a subsidiary of TrendForce. As a result, monitor brands are turning to 20W- and 24W-inch panels to replace the two sizes for use in new display units, and rising demands have pushed up prices. This trend is expected to last throughout the end of the third quarter this year, and brands are looking to stock up prior to the peak season, said WitsView. 

“Current panel supply shortages include both small sized 19”w, 19.5”w and larger sized panels, such as 20”w, 23”w, 23.6”w, 24”w (16:9) and even 27” W TN because of the switch in panel specs and shortages caused by these replacement demands,” said Anita Wang, Research Manager, WitsView. 

Additionally, LCD monitor brands shipment proportion of large sized products of 20 inches and above was about 60% in 2013, but has grown to 65% in second quarter of 2014, according to statistics compiled by WitsView. This was mainly due to increased demands for 21.5W- and 23.6W-inch monitors, and the entry of 23.8-inch monitors. With more panel makers involved in 23.8-inch panel production, shipments have gradually grown and generated new demands for large-sized products. 

Panel makers are shifting development resources into new products with higher net profits because of current monitor panel production capacity shortages, added WitsView. In respect to the 16:9 aspect ratio product category for instance, panel makers are developing 20.7W, 24.5W, 28W and 32W products, while for 21:9 aspect ratio products 25W and 34W panels. Moreover, large sized product demand growth has been most evident in mature economies. WitsView concluded that it estimates the global proportion of monitor panels sized 20-inch and above will reach between 68-70% at the end of 2014. 

Graph: Top 10 LCD monitor brands 20”w and above shipment ratio