DisplaySearch
is predicting that growth in the TV market will slow to less than 4% year-over-year
compared to 2010 when the market grew 18% year-over-year thanks to strong
growth outside of America. Flat panel TV sales grew 32% in 2010 on a unit
basis, but that growth
will drop to 12% in 2011.
“As the household installed base for flat panel TVs increases above 50-60%, the
growth rate slows, which is currently the situation in Japan, Western Europe,
and North America. Emerging markets, however, are still ripe for sustained
growth due to a low level of household flat panel TV penetration,” noted Paul
Gagnon, Director of North America TV Research for DisplaySearch.
LCD TVs will continue to be the primary TV shipped in 2011 reports
DisplaySearch and will account for 84% of total shipments globally during the
year. Breaking the LCD TV market down a bit more, about half of the LCD sets
shipped in 2011 will be the LED backlit type. The plasma TV saw a big
turnaround in 2010 with 30% growth from the previous year. Growth in that same
segment is expected to slow considerably this year and continue to decline in
the last half of the year as LCDs take more of the market.
In Q4 2010, 3D TV shipments counted for only 10% of the global TV revenues with
over 2 million units shipped. However, that number will grow significantly with
DisplaySearch predicting that by 2014 3D TVs will be about 50% of global TV
revenues with 100 million units shipping globally.
The major
areas driving growth in the segment are China, Asia Pacific, Latin America,
Eastern Europe, the Middle East, and Africa. These regions are averaging 17%
growth each year with Asia pacific being the strongest thanks to the India
market.