Shipments of Monitor Panels Are Projected to Show YoY Decline of 8.8% for 2022, Says TrendForce

[AleksandarK]

Shipments of monitor panels have fallen over the quarters this year due to various factors that have caused disruptions across the global economy and politics. TrendForce projects that shipments of monitor panels will total just around 158 million pieces for 2022, showing a YoY decline of 8.8%.

According to TrendForce's research on the market for display panels, monitor panels experienced a large downward shipment correction later than did TV and NB panels. For TV panels, the correction phase began in 3Q21. Turning to NB panels, a steep decline in shipments occurred in 2Q22. As for monitor panels, their shipments had not fallen significantly until 3Q22. With the correction taking place at a later time, the eventual rebound will also occur at a more distant time in the future. Since monitor brands are still holding an excessively high level of panel inventory at this moment, shipments of monitor panels are forecasted to drop again by 5.3% QoQ for 1Q23.




Looking further ahead to 2Q23, inventory level will return to a more optimal level for brands and channels. With the impending arrival of the traditional peak season in 2H23, shipments of monitor panels are forecasted to rebound to around 35.7 million units for 2Q22 and thereby return to the average level for second-quarter shipments in the four years before the emergence of the COVID-19 pandemic (i.e., from 2016 to 2019). Also, since the shipment figure for 1Q23 will be a low base for comparison, the shipment figure for 2Q23 will reflect a double-digit QoQ growth. Moving into 2H23, global inflation is expected to ease, and China's economy is anticipated to undergo a recovery due to the loosening of pandemic-related restrictions. Therefore, the supply-demand dynamics of the market for monitor panels will likely follow the usual seasonal patterns.

Based on TrendForce's tracking of panel shipments, shipments of monitor panels started to slide after reaching a peak in 4Q21 and are expected to arrive at a trough in 1Q23. After inventory level returns to an optimal level for the entire supply chain, brands will regain procurement momentum. Then, shipments of monitor panels will climb over the quarters. TrendForce currently forecasts that the total for 2023 will come to 149 million pieces, showing a diminished YoY growth rate of 5.8%.

(Note: "NB" stands for notebook (laptop) computer.）

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[Space Lynx]

if they want my money, they need to stop being dipshits and give me 32" 4k OLED high refresh

 

[Tropick]

if they want my money, they need to stop being dipshits and give me 32" 4k OLED high refresh

I've had my 27" 1440p/144Hz for two years now and still perfectly happy with it, probably won't upgrade to 4K until Blackwell/RDNA4. Even then like you said it's going to have to be pretty snazzy to convince me it's time to upgrade.

 

[erocker]

if they want my money, they need to stop being dipshits and give me 32" 4k OLED high refresh

^This. Tech being sold to consumers is stagnant. Nobody needs to upgrade to something they already have.

 

[rv8000]

if they want my money, they need to stop being dipshits and give me 32" 4k OLED high refresh

Absolutely, every time I check monitor news it’s 27” this ultra wide that, it’s frustrating. Ultra wides and monitors above 32” (the plethora of 42” 4K monitors) make a dual monitor setup very difficult with a more standard sized desk.

 

[thegnome]

No wonder, in some years time everyone with gaming needs had a OLED/MicroLED display at a high enough resolution and refresh rate to keep them happy for years. As the monitor tech gets closer to perfection/human limit it's going to stagnate.

 

[TheLostSwede]

Got a "cheap" 27" 4K 160 Hz monitor this year, so won't be getting another for hopefully another five years.

No wonder, in some years time everyone with gaming needs had a OLED/MicroLED display at a high enough resolution and refresh rate to keep them happy for years. As the monitor tech gets closer to perfection/human limit it's going to stagnate.

They're still way too expensive for most people though. Maybe in another 3-4 years they'll have come down enough in price to make them an option. Most people don't spend over $300 for a monitor.

 

[Space Lynx]

Got a "cheap" 27" 4K 160 Hz monitor this year, so won't be getting another for hopefully another five years.


They're still way too expensive for most people though. Maybe in another 3-4 years they'll have come down enough in price to make them an option. Most people don't spend over $300 for a monitor.

Dough Spectrum still has there Eve monitor for pre-order at $649, its 27" 240hz OLED and glass glossy (just the way I like it). I honestly am considering it, but just don't know how well I can trust that company. Like erocker said though, its a hard sale for me, since I already own a nice 27" 1440p. Really want my next upgrade to be 32" 4k OLED. On same hand, I am getting tired of waiting, I am hoping CES next week will have some surprises for us all

If not, then maybe I will risk that $649 after all, I am a huge fan of glossy monitors (most aren't), but its nice to see a company not afraid to make them, and understand they do in fact make colors pop even more than normal. No tradeoffs for me since I game in a bedroom in the dark.

 

[Psychoholic]

I see no need to upgrade my 38" 3840X1600 @ 175hz(144hz native) for the foreseeable future, a bit stagnant as previously stated.

 

[ARF]

This is speaking about home users.

The real issue is that there are millions if not billions of innocent workers who do not surmise the next big thing - a much better screen without screen-door effect.
Since most are running really bad TNs 1080p 22-24-inch.

Give the market a good 24-inch VA 2160p 120 Hz for 150$ and you will make tons of money

 

[Mistral]

I want every LG "gaming" monitor next year to be using an OLED or an IPSBlack panel...

 

[Theswweet]

I got my 27GN950 in early 2021, and I won't be upgrading until I can get a legit upgrade for the same price I paid ($800~), if Cooler Master can fix the flickering with the GP27 that might just be it next year.

 

[user556]

The only monitors I see in stock is the left-overs that no one wants. EDIT: Maybe the new prices are too high so the shops aren't re-stocking.

 

[Bwaze]

Also, no use upgrading your monitor to a tier more difficult to run, since graphics cards didn't progress this generation - what you could run with $500 or $1000 two years ago is what you get for the same money for the next 2 years. Monitor manufacturers have Nvidia and AMD to thank for that.

 

[bonehead123]

Just like everything else, demand has slowed in the post-pandemic era...

Surely they weren't naive enough to think that the increased demand would last foreva....if they were/are, then...

"Stupid is as stupid does"

'nuff said

 

[TheLostSwede]

Dough Spectrum still has there Eve monitor for pre-order at $649, its 27" 240hz OLED and glass glossy (just the way I like it). I honestly am considering it, but just don't know how well I can trust that company. Like erocker said though, its a hard sale for me, since I already own a nice 27" 1440p. Really want my next upgrade to be 32" 4k OLED. On same hand, I am getting tired of waiting, I am hoping CES next week will have some surprises for us all

If not, then maybe I will risk that $649 after all, I am a huge fan of glossy monitors (most aren't), but its nice to see a company not afraid to make them, and understand they do in fact make colors pop even more than normal. No tradeoffs for me since I game in a bedroom in the dark.

Yeah, no, not touching any product from that scammy "company".

 

[Legacy-ZA]

No doubt, the pricing and the refusal to give us the panel tech we need/want at the right sizes, when will these clowns learn?