Cover lens end-market shipments will decrease to 6.08 billion units in 2022, down 4.5% year-over-year (YoY) because of the Russia-Ukraine war, China's lockdown, and the global macroeconomic recession.
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Shipments will inevitably decline in 2022 owing to certain high-level factors influencing the global economy. If these can be relieved or resolved by the end of 2022, then long-term shipments should rebound from 2023 onwards.
Touch Panel Cover Lens & CPI Report – 2021 Analysis
Report / 28 May 2021 / Kimi Lin
Despite COVID-19 in 2020, total shipments did not decrease because brands actively reserved their inventory. Omdia expects further growth in 2021. Overall cover lens shipments will increase slightly to 6.17 billion units, up 3.6% YoY.
The Analyst Team
Kimi Lin
Follow AnalystPrincipal Analyst
Kimi is a senior analyst for display (TFT LCD and OLED) touch and user interface at Omdia. He covers display price, supply chain, fingerprint, cover lens, shipment forecasts, and emerging technologies.
Prior to joining Omdia (formerly IHS Markit), Kimi was a research analyst at Tianma Group, where he spent over two years in LCD and AMOLED market research. He also oversaw the China FPD industry market at the Topology Research Institute for over five years. Kimi has a bachelor's degree in telecommunications engineering and a master’s degree in microelectronics from Shanghai University, China.
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