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Procurement Market Intelligence Report

LCD Panels & Monitors
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for LCD Panels & Monitors?

What is the average price of LCD Panels & Monitors?

This procurement report includes pricing information to help you purchase LCD Panels & Monitors. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of LCD Panels & Monitors been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase LCD Panels & Monitors yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing LCD Panels & Monitors?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for LCD Panels & Monitors with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ?

The LCD panels and monitors market is highly concentrated, with the top four vendors accounting for over 50.0% of total market revenue. The largest manufacturers have substantial market shares, despite operating in a market with about 42,140 vendors in all. Large manufacturers are able to sustain such large market shares... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience and Expertise

How long have you provided these products to your longest-tenured client?

What qualifications does your staff have and what measures do you take to keep those qualifications up to date?

What industry do you most commonly supply this product for?

To what extent will ordering multiple products from your firm allow me to save on costs?

What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?

Supply Chain Risk

Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?

Has the availability of raw materials tightened due to the coronavirus outbreak?

Over the past three years, what percentage of your revenue has been dedicated to labor?

How have fluctuations in input prices affected the prices of your products during the past three years?

How do you mitigate sudden price increases in raw materials?

When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?

How, if at all, has your supply chain been affected by import tariffs levied in 2018?


How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?

How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?

What ongoing training procedures do you provide for your staff?

Have you ever been found to be noncompliant with regulatory frameworks?

Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?


What sets your LCD products apart from competitors'?

What is your reputation like among competitors and customers?

How do you win and retain business?

How do your R&D expenses compare to those of your competitors?

Do you typically honor competitors' pricing deals or promotions?

Are you experiencing fluctuations in demand as a result of the coronavirus outbreak? What measures are you taking to handle changes in demand?

Supply Chain

How sensitive is your company to changing prices for key inputs?

Have you faced problems with your supply chain in the past? How did you overcome these issues?

How often do you evaluate your suppliers' prices to ensure they are still competitive?

What parts of the supply chain are delivered by third parties? Who are the third parties involved?

Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?

How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?

Related Goods

Do you offer any complementary products or services with the purchase of your LCD displays? If so, what are they?

What products or services are typically purchased alongside your LCD displays?

What bundling discounts do you typically offer?

What promotional deals exist for bulk buyers?

Quality Control

How often do you experience defects with your products?

How many recalls have you had? Were they voluntary or mandated?

What problems created the need for recalls? How have you handled these recalls?

How do you ensure your LCD displays' quality? What performance-monitoring systems are in place at your company?

How long will your LCD displays last with proper care?


What do your warranties cover?

How long does the warranty last?

Can I purchase an extended warranty?

How are warranty repairs or replacements handled?


What are your shipping rates to my facilities? Do shipping rates vary if I need products shipped to more than one location?

Could you provide a list of your distribution facility locations, domestically and internationally?

What shipping supplier do you primarily use? Do you have alternate preferred suppliers?

How do you ensure timely and accurate shipping?

Amidst widespread health concerns due to the coronavirus, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should specify the total budget for the LCD panel(s) they wish to purchase.

Buyers should include details about per-unit spending expectations and limitations.

Buyers should request detailed information about shipping and handling costs.

Selection Criteria

Buyers should look for providers that can offer LCD panels that meet the specifications outlined in the RFP.

Buyers should give preference to providers that can meet the budget requirements in the RFP.

Buyers should prioritize vendors that are located nearby to reduce shipping costs and times.

Buyers should look for providers that offer high-quality LCD panels.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers need to include the date when proposals are due.

Buyers should indicate the date by which the LCD panels need to be delivered.

Buyers should indicate how they want the LCD panels packaged and shipped.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Supply chain risk in this market is moderate. The primary component in LCD panels, semiconductors, are not only the basis for the panel's operating system, but also provide the basic building block for the pixels on the display. Despite the plentiful amount of semiconductor manufacturers, LCD panel manufacturers have faced... Subscribe to learn more.