Igzo Display Market Value Share, Supply Demand, Share and Value Chain 2015-2025

IGZO Display Market Overview

Indium gallium zinc oxide (IGZO) is a transparent, crystalline, thin film transistor (TFT), comprising semiconductor materials such as Indium, Gallium, Zinc and oxygen. IGZO display is considered as one of the most efficient thin film transistor to be used in flat panel displays and organic light-emitting diode (OLED) panels. The IGZO display is able to overcome the traditional limitations posed by silicon technology, resulting in high resolution with low power consumption. IGZO technology is increasingly adopted for display devices like smartphones, tablets, laptops and TVs which have ever rising demand for power efficiency, reliability and high resolution.

The IGZO display is being touted as the technology that will drive next generation flat panel displays. Besides offering high resolution with low power consumption, IGZO display,

• Supports high electron mobility as compared to amorphous silicon

• Can be made smaller in size to achieve same performance

• Offers better battery life and supports touch sensitive displays for devices like smartphones and tablets.

Although IGZO technology is still at a nascent stage, it is expected to drive the market for next generation displays.

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IGZO Display Market Drivers

IGZO displays are affordable, and this is one of the major factors for their increased demand. As the demand for high resolution, touch sensitive and power efficient display devices like, smartphones, tablets, laptops, televisions etc. increases, the demand for IGTO displays will eventually increase. IGZO technology based displays can easily replace existing silicon based displays with very little modifications. On other hand, IGZO displays face slow and negative market growth in some segments due to adoption of low-temperature polycrystalline silicon (LTPS) and other competitive display technology. The global IGZO display market...