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Ultra slim TV segment set for huge growth

Posted: 06 Jan 2009     Print Version  Bookmark and Share

Keywords:ultra slim TVs  LCD TV  flat panel TV  plasma TVs 

Recent findings from DisplaySearch indicate that ultra slim TV designs will be one of the most important factors in the continued growth of LCD and plasma TVs. Ultra slim TVs are TVs with a set depth that is less than 40 mm.

ultra slim TVs forecast

The market research firm says that the worldwide demand for the ultra slim LCD TV segment will reach 1.4 crore units in 2012, an impressive 219% compound annual growth rate for 2008-2012. These results are included in a new topical report called Ultra Slim Flat Panel TV Market Outlook: The Next Big Trend in TV.

"With expected negative growth of flat panel TV revenues in 2009 for the first time, Ultra Slim TVs present a much needed opportunity for differentiation and continued value proposition in flat panel TVs," noted Hisakazu Torii, DisplaySearch Vice President of TV Market Research. "While LED backlights offer great promise, commercialisation is still premature, providing significant opportunities for ultra slim LCD TVs."

DisplaySearch forecasts that worldwide penetration of ultra slim TVs will reach 10% in 2012, while developed regions such as North America, Japan and Western Europe will have the highest ultra slim TV market penetration at 18% for the same period.

"Despite the excellent outlook, wireless links, and designs for panels, chassis and remote controls, technologies still need to improve for ultra slim TVs. Significant investment for these technologies will also be critical to our achieve the forecasted growth," noted Paul Grey, DisplaySearch Director of European TV Market Research. "Consumers will not accept ultra slim sets if their viewing experience or ease-of-use is compromised."

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