Surge in Global LCD TV Panel Shipments: Key Insights for July 2025
On August 30, Luotu Technology (RUNTO) unveiled its report on the global LCD TV panel market for July 2025, revealing significant trends and shifts within the industry. The data illustrates a notable upward trajectory in shipments, driven largely by manufacturers in mainland China.
Record-Setting Growth in Shipments
In July 2025, the global shipment of large-size LCD TV panels reached 20.4 million units, marking an impressive 8.9% year-on-year increase and a 4.9% rise month-on-month compared to June. This figure underscores not only the recovery of the market but also a shift in consumer demand for larger display technologies.
Dominance of Mainland Chinese Manufacturers
The report highlighted that out of the seven significant LCD TV panel factories, six experienced growth in shipments. Notably, mainland Chinese manufacturers outperformed expectations, achieving double-digit growth rates. Among them, CSOT (Huaxing Optoelectronics) led the industry with a remarkable growth rate of nearly 40% year-on-year.
Furthermore, the global market share of LCD TV panel manufacturers in mainland China reached a staggering 74.3%, setting a new record. This increase of 9.3% compared to the previous month and 2.2% year-on-year signifies the strengthening position of Chinese manufacturers in the global market.
Leading Manufacturers: July Shipment Breakdown
1. BOE Technology Group
BOE continued its reign as the largest manufacturer, shipping approximately 5.7 million units in July. This represented a 19.7% growth year-over-year and a 2.5% increase month-on-month. The company maintained a leading market position across various screen sizes, particularly excelling in the 32, 43, and 75-inch categories, as well as the super-large sizes (86 and 100 inches). Remarkably, BOE’s market share in the 100-inch segment approached 60%, with over 40,000 units of 98 and 100-inch products shipped.
2. CSOT (Huaxing Optoelectronics)
CSOT achieved significant growth with shipments nearing 5 million units, an increase of 36.2% year-on-year and a 10.2% rise month-on-month. The company led global shipments in the 55 and 65-inch categories, boasting a dominant 94.4% market share in the super-large 98-inch segment.
3. HKC (Huike)
HKC marked its place as the third-largest manufacturer, shipping around 3.4 million units. This was a 23.1% increase from the previous year and a 15.7% rise compared to June. HKC also excelled in the 85-inch category, commanding a market share of 25.6% while reaching 33.3% in the 100-inch segment.
Taiwanese and Japanese Manufacturers Face Challenges
Meanwhile, Taiwanese manufacturers Innolux and AUO saw a decline in their combined market share to 20.9%. This drop represented a decrease of 1.2% from the previous month for Innolux and 3.1% for AUO.
Japanese manufacturer Sharp faced more significant challenges, capturing only 4.8% of the market with shipment figures around 1 million units. This represented a year-on-year decline of over 20%, emphasizing the competitive pressures within the global market.
Conclusion
The July 2025 report on the global LCD TV panel market underscores a dynamic and evolving landscape, with mainland Chinese manufacturers leading the charge. The remarkable growth in shipments, particularly in larger panel sizes, highlights changing consumer preferences and robust demand. As these manufacturers continue to innovate and adapt, their positions in the market will likely strengthen further, setting the stage for future developments in display technology.
The future of the LCD TV panel market appears promising, with potential for continued growth, innovation, and shifts in global manufacturing dynamics. As the industry evolves, stakeholders must keep an eye on these trends to leverage opportunities effectively.
