U&S AND THEM
Listed under: News
Published: Monday, April 28, 2008
TV sales are on the up, and it's largely down to consumers replacing their old CRT models with LCD flat-panels.
According to the group's research, global TV shipments last year rose by 4 per cent to nearly 200-million units, worth more than $100-billion. By 2012, these figures are likely to have grown to 280-million and $160-billion respectively. As for the role of LCD models in these numbers, they accounted for 40 per cent of all shipments in 2007, around 64 per cent of the overall market. U&S predict that by 2012, they will account for 80 per cent of the overall market.
David Watkins, senior analyst for U&S, remarks that, “Strategic supply of LCD panels has become a critical competitive issue, with huge concentrations of volume under the control of major producers, including manufacturing joint ventures between brand leaders Samsung/Sony and LG/Philips.
If the report is to be believed, then it seems that consumers are also developing a taste for larger screens. European shipments of sets with screen sizes upwards of 37-inches rose from 4 per cent of the overall total in 2004 to 23 per cent in 2007, with a further increase to 40 per cent predicted by 2012. U&S's take is that the gradual rollout of hi-def TV and the increasing take-up of Blu-ray technologies among consumers can be cited as probable causes for this increase. Watkins adds that, “The relationship between consumers and the TV screen is changing. High Definition home theatre is an experience to compare with visiting the cinema, and is creating demand for a new generation of entertainment media and consumer electronics hardware.”
For further information contact: +44 (0)1582 500 100 http://www.uands.com
David Watkins, senior analyst for U&S, remarks that, “Strategic supply of LCD panels has become a critical competitive issue, with huge concentrations of volume under the control of major producers, including manufacturing joint ventures between brand leaders Samsung/Sony and LG/Philips.
If the report is to be believed, then it seems that consumers are also developing a taste for larger screens. European shipments of sets with screen sizes upwards of 37-inches rose from 4 per cent of the overall total in 2004 to 23 per cent in 2007, with a further increase to 40 per cent predicted by 2012. U&S's take is that the gradual rollout of hi-def TV and the increasing take-up of Blu-ray technologies among consumers can be cited as probable causes for this increase. Watkins adds that, “The relationship between consumers and the TV screen is changing. High Definition home theatre is an experience to compare with visiting the cinema, and is creating demand for a new generation of entertainment media and consumer electronics hardware.”
For further information contact: +44 (0)1582 500 100 http://www.uands.com
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