Thursday, June 30th 2022
LCD Monitor Panel shipments Forecast to Drop 11.3% QoQ in 2Q22 with Weak Demand Continuing into 2H22, Says TrendForce
According to TrendForce research, terminal demand remains weak due to repercussions of the Russian-Ukrainian war, rising inflation, and China's pandemic lockdowns as monitor brands began to reduce purchasing of LCD monitor panels in 2Q22. LCD monitors panel shipments in 2Q22 are estimated at 42.5 million units, down 11.3% QoQ. According to TrendForce analysis, monitor brands set fairly high shipment targets in early 2022. Coupled with the impact of LCD monitor panel shortages in 2021, monitor brands gravitated towards overbuying panels in 1Q22 to prepare for ensuing shipments. Driven by strong demand from monitor brands, shipments of LCD monitor panels reached 47.9 million units in 1Q22, up 20% YoY, the highest level for the period since 2012.
However, due to changes in the international political and economic landscape in February this year, the market for consumer models has cooled and monitor brands have successively revised their LCD monitor shipment targets downward and simultaneously lowered their panel purchase volumes. In the face of interest rate hikes by the world's major central banks and slowing economic growth, companies have also begun exercising caution in terms of capital expenditures, which has slowed demand for business-grade LCD monitors. In the past, inventory issues emerged and the overall market became oversupplied when monitor brands overstocked as consumer and business demand gradually cooled.
In addition, shipping and port congestion gradually eased in 1H22. The LCD monitors that were still in transit and accumulating in ports gradually arrived at distributors, resulting in a sharp rise in distribution inventory. Faced with the dual pressure of high whole LCD monitor and panel inventory, monitor brands were forced to reduce panel purchases in 2H22. Therefore, TrendForce forecasts that LCD monitor panel shipments will continue to decline to 37.8 million units in 3Q22, representing a QoQ decline of 11.2%. In 4Q22, there is a chance shipments will rebound marginally to 38.8 million units due to the sales surge initiated by monitor brands at the end of the year, representing a quarterly increase of 2.8%. Annual shipments are forecast to reach 167 million units, a drop of 3.6% YoY.
Source:
Trendforce
However, due to changes in the international political and economic landscape in February this year, the market for consumer models has cooled and monitor brands have successively revised their LCD monitor shipment targets downward and simultaneously lowered their panel purchase volumes. In the face of interest rate hikes by the world's major central banks and slowing economic growth, companies have also begun exercising caution in terms of capital expenditures, which has slowed demand for business-grade LCD monitors. In the past, inventory issues emerged and the overall market became oversupplied when monitor brands overstocked as consumer and business demand gradually cooled.
15 Comments on LCD Monitor Panel shipments Forecast to Drop 11.3% QoQ in 2Q22 with Weak Demand Continuing into 2H22, Says TrendForce
I don’t need a monitor mine is good.
But I would like a new monitor about 24”, 4k, 10-bit true colour no frc, DP 2.0, 120hz, gloss to very light AG coating, 3:2 ratio, or 16:10, vesa mount, built in speakers, fully adjustable stand optional to save money, 3yr warranty, easy FW upgrades, 1200+ contrast ratio, maybe a polarizer to cut back on ips glow, maybe some FALD backlighting, and maybe full Adobe colour space but with good srgb mode.
yep don’t see anything. I’d probably have no issue shelling out a grand for it. Oh well. I’ll keep waiting.
I had a 15-inch TN LCD screen with the 1024 x 768 resolution from 2004 to 2015. The only reason I switched to a different screen during 2015 is that someone gave one to me. It's an 18.5-inch TN LCD 1360 x 768 television that I could use as a monitor.
I won't buy a new screen unless this one either becomes broken or stops being supported. My computer is not supported by Windows 11, so I will buy a new computer after Windows 10 stops being supported during the end of 2025. If Windows 11 still supports this screen, my 2025 computer will use it.
I didn't start playing computer games until 2015, so I didn't need a better resolution than 1024 x 768 before then. If games stop allowing the 1360 x 768 and 1280 x 720 resolutions, and I can't modify configuration files to add support, I will buy a new screen without waiting until the current one is broken.
And I suspect that's the same reason why many people have 5 to 10 year old displays still in use.
We really need a global, continued shrink of economies and growth if we want future generations to have a life. This correction is long overdue and probably still insufficient. Something's gonna give. We're either going to kill economical growth, or we're going to kill a whole lot of people to make things work again. Quite likely a bit of both. Climate change is managing that just fine so far, no need to even start shooting. You just drown somewhere, or get a tree on your head, or a virus that is new to your region ;)