The potential of the car display market is large. The companies such as BOE/Vicano/ Tianma/JDI are accelerating their layout.
In 2018, affected by factors such as trade protection and economic downturn, the global vehicle sales market declined.
According to data from the China Automobile Association, the sales volume of cars in mainland China in 2008 was 28.081 million, down 2.8% year-on-year, making it the first negative growth in mainland China in 28 years.
In the downturn of the overall car market, the shipment volume of the car display has also been affected.
According to the data of Qunzhi Consulting, the total shipment of vehicle display panels in the whole year of 2018 is about 160 million pieces (excluding after-installation), an increase of about 6% year-on-year. In 2019, the car display panel is expected to ship 170 million pieces, an increase of about 5% year-on-year, and the growth rate will continue to decline.Judging from the global car panel shipment rankings in 2018, JDI still dominates, up about 5% year-on-year. Due to the increase in vehicle display sales in the third and fourth quarters, LGD's sales jumped second. The third to sixth AUO, Shenzhen Tianma, Innolux, etc., the deepest horse growth rate is the highest, with a year-on-year growth rate of about 26%.
