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World electronic displays market to cross $114B by 2006

Posted: 07 Mar 2002 ?? ?Print Version ?Bookmark and Share

Keywords:business communications? crt? flat panel display? organic led? led display?

According to a study from Business Communications Co. Inc. entitled "The Changing Display Industry: CRT and Flat Panel-Updated Edition," the value of worldwide shipments of electronic displays is estimated to be about $64 billion in 2001. Shipments are forecast to grow at an AAGR of 12.3 percent to reach $114.8 billion by 2006.

Worldwide CRT shipments are valued at $33.1 billion in 2001 and are expected to grow at an AAGR of 6.3 percent, reaching $44.8 billion by 2006. In addition, penetration of flat panel displays into the CRT market has begun. The flat panel display market is currently estimated at $31 billion, accounting for 48.4 percent the total value. Their value is projected to grow at an AAGR of 17.6 percent and account for nearly 61 percent of the total value of electronic displays by 2006.

High-definition and large-screen TV receivers will have an impact on the expansion of the flat panel display industry. The value of LCD shipments is estimated at $25.6 billion last year and expected to grow at an AAGR of 16.5 percent$54.8 billion by 2006. LCDs are expected account for 25 percent of desktop computer monitors by 2006, up from about 4 percent in 2000.

Shipments of plasma displays reached 621,000 units in 2000. They are projected to grow at an AAGR of 26.6 percent, hitting 786,000 units for 2001, and at an average annual rate of 53 percent to reach 6.6 million units by 2006.

Shipments of the traditional vacuum fluorescent displays (VFD) and LED displays will grow at 8.4 percent and 8.5 percent AAGRs, respectively, to reach 75.5 million VFD units and 176.6 million LED units by 2006. Large stadium displays will account for the large number of LED display units.

New technologies such as OLED displays will grow rapidly. They are projected to total 8.7 million units by 2006. Shipments of MEMS-related displays, an emerging technology, are forecast to grow at an AAGR of 40.4 percent through 2006.

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