LCD Demand Set to Rise Sharply

rear_view_cameras2a

Bloomberg News - January 17, 2013

Ship­ments of liq­uid crys­tal dis­plays for use in cars will almost dou­ble by 2016 from 2012 lev­els, accord­ing to researcher IHS forecast.

What is dri­ving the demand?

Ship­ments of liq­uid crys­tal dis­plays for use in cars will almost dou­ble by 2016 from 2012 lev­els, as an expected man­date in the U.S. for rear-view cam­eras in autos boosts demand, researcher IHS forecast.

Deliv­er­ies of full-color LCDs used in autos will reach almost 117 mil­lion units by 2016, up 89 per­cent from 2012, El Segundo, California-based IHS said in a report dated Jan. 17. Each year sales will grow between 15 per­cent and 23 per­cent, with ship­ments cross­ing the hundred-million-unit mark in 2015, accord­ing to the report.

“The major dri­ver of growth will be a U.S. gov­ern­ment man­date requir­ing all cars to incor­po­rate rear-view cam­eras by 2014,%2

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