Omdia expects ultra-thin glass (UTG) shipments to grow to 24.6 million units in 2024, up 36.9% YoY, and to reach 33.7 million units in 2025, up 36.7% YoY. UTG shipments will maintain a good CAGR in the next few years.
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Display Dynamics – June 2024: Ultra-thin glass (UTG) shipment growth has been good in recent years despite weak demand in the smartphone market
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Touch Panel Cover Lens, CPI & UTG Report – 2H23 Analysis
Report / 04 Mar 2024 / Kimi Lin
Cover lens end-market shipments were 5.85 billion units in 2023, up 1.8% year-over-year (YoY). Most of the shipments came from the mobile phone application. Shipments are expected to maintain small fluctuations in 2024–28.
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The Analyst Team
Kimi Lin
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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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