Connect with us

Hi, what are you looking for?

New Products

Global Flat Panel TV Revenues Fall

552342.gif

DisplaySearch Reports Global Flat Panel TV Revenues Fall for First Time Ever in Q4’08; 40″+ and 1080p Over 20% of TV Shipments; Share of LCD TVs with 120 Hz+ Frame Rates Reaches 10%

As global economic conditions deteriorated during Q4’08, consumer demand for discretionary purchases suffered, including flat panel TVs. According to the latest findings from the DisplaySearch Quarterly Global TV Shipment and Forecast Report, global TV shipments fell more than 5% Y/Y in Q4’08 to 57.7M units from more than 60M units a year earlier. This is the first Y/Y decline in total TV shipments for more than two years. Due to ASP declines, total TV revenues fell even more, declining by 7% to just over $30 billion despite flat panel technologies picking up more than 10% unit share.

Combined flat panel TV revenues — which includes LCD, plasma and OLED technologies — posted the first annual decline in a given quarter, falling 3% Y/Y despite 17% growth in unit volume with falling prices affecting revenues.

Globally, flat panel TV share surged from 57% in Q3’08 to 66% in Q4’08 as rapidly falling LCD prices stimulated a shift from CRT to LCD, especially at smaller screen sizes under 40″. The 1080p share of global TV shipments exceeded 20% of units for the first time, and a new metric available from DisplaySearch in TV tracking shows that more than 10% of LCD TV sets shipped were equipped with 120 Hz+ frame rates.

Annual LCD TV shipment results for 2008 as a whole were 105M units, up 33% Y/Y and in line with DisplaySearch’s forecast in Q3’08, which was made prior to the global economic crisis. These positive results also pushed LCD TV past CRT TV worldwide for the first time on an annual basis and mark significant progress in the transition from tube to flat panel technologies.

China remained the largest market for TVs on a unit basis, accounting for just over 19% of units, followed by Western Europe and North America at just less than 19%. However, on a revenue basis, North America remains the world’s largest TV market despite strong Q/Q revenue growth in Western Europe.

To view the complete press release, visit: http://www.displaysearch.com/cps/rde/xchg/displaysearch/hs.xsl/090218_global_flat_panel_tv_revenues_fall_for_first_time_ever%20.asp

Advertisement. Scroll to continue reading.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Latest Products

77-inch LG SIGNATURE OLED T TV Lifestyle

HDTV 4K & 8K TV

At $59,999, the LG SIGNATURE OLED T is the most expensive 77-inch TV in the world. It looks like a pane of glass you...

Zeitgeist Germany Tree Collection IEMs Zeitgeist Germany Tree Collection IEMs

Earbuds & In-Ear Headphones

At $814, Zeitgeist Germany offers bespoke IEMs carved from 4 different types of wood -- Sequoia, Zebrano, Olive and Redheart.

TCL A1 Portable Lifestyle Projector TCL A1 Portable Lifestyle Projector

New Products

At $499, the TCL A1 is a 1080p portable lifestyle projector that lets you bring big screen entertainment wherever you go.

Bose 901 60th Anniversary Edition Speakers Lifestyle Front Bose 901 60th Anniversary Edition Speakers Lifestyle Front

Bookshelf Speakers

Without any public fanfare, Bose has recreated its legendary 901 Direct Reflecting Loudspeakers that we would like to see and hear in person.

Musical Fidelity M8x Vinyl Phono Stage Silver Front Angle Musical Fidelity M8x Vinyl Phono Stage Silver Front Angle

New Products

Musical Fidelity's new flagship M8x Vinyl Phono Stage is both fully discrete and fully balanced with improved gain stage and more.

Master & Dynamic ME05 Wired Earphones Master & Dynamic ME05 Wired Earphones

Earbuds & In-Ear Headphones

Are wired earphones coming back? The new $199 Master & Dynamic ME05 in-ear headphones refresh a 10-year old design with added support for hi-res...

Gift Ideas?

Christmas Gift Guide 2024 for Hi-Fi, Headphones and Home Theater

Gift Guides

From headphones to home theater, these high performance audio gifts will exceed the expectation of any movie or music lover on your list.

You May Also Like

Advertisement

ecoustics is a hi-fi and music magazine offering product reviews, podcasts, news and advice for aspiring audiophiles, home theater enthusiasts and headphone hipsters. Read more

Copyright © 1999-2024 ecoustics | Disclaimer: We may earn a commission when you buy through links on our site.



SVS Bluesound PSB Speakers NAD Cambridge Audio Q Acoustics Denon Marantz Focal Naim Audio RSL Speakers