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China to be largest LCD TV market by 2012

Posted: 14 Jul 2010     Print Version  Bookmark and Share

Keywords:FPD TV  LCD  flat-panel TV  plasma 

The market for flat-panel TVs in China is expected to enjoy strong growth, according to a DisplaySearch report. China's TV Market forecasts that flat-panel TV unit shipments in China will increase from 31M in 2009 to 59M in 2014, a 14 percent CAGR. The flat panel share in China's TV market will grow from 72 percent in 2009 to around 100 percent in 2014, when CRTs will effectively disappear.

In China, color TV shipments grew rapidly in the mid-1990s, and because the average lifetime of a color TV is eight to 10 years, there is an opportunity for industry to replace these old TVs. In fact, there are nearly 450 million traditional CRT TVs that could be replaced by flat-panel display (FPD) TVs in the next five to ten years.

China LCD TV forecast by region

Together with demand from first-time buyers, LCD TV shipments in China will exceed those in North America by 2011, becoming the largest LCD TV market globally by 2012.

China is set to become the Largest LCD TV market by 2012.

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