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LCDs easing out CRT-TV's in India

Posted: 23 Jul 2010     Print Version  Bookmark and Share

Keywords:LCDs  CRT-TVs in India  cathode ray tubes 

The last stronghold of Cathode Ray Tubes (CRTs) TVs, India, slowly crumbles as the country turns to Liquid Crystal Display-Television (LCD-TV), according to iSuppli Corp. 2010 will be the last year that CRT –TVs can lay claim as the leading television display type in India on a revenue basis, as LCD-TV sales quickly gain momentum.

"India represents one of the last strongholds for CRT-TVs, with consumers in other major economies having transitioned the majority or nearly all of their television purchasing to LCD display technology in recent years," said Riddhi Patel, director of television systems and retail services for iSuppli. "However, the allure and declining prices of LCD-TVs, along with increased consumer awareness, have spurred sales of the flat-panel televisions—and eroded the dominance of CRT TVs. As a result, LCD-TV revenue in India will exceed that of CRT-TV starting in 2011. LCD-TV shipments will catch up the year after, exceeding those of CRT TVs starting in 2012."

CRT-TV revenue in India in 2011 will decline to Rs.7,471.71 crore ($1.6 billion), down 32.3 per cent Rs.10,740.58 crore ($2.3 billion) in 2010. In contrast, LCD-TV revenue will rise to Rs.16,344.36 crore ($3.5 billion) in 2011, up a stunning 94.3 per cent from Rs.8,405.67 ($1.8 billion) in 2010.

India CRT-TV and LCD-TV Unit shipments.

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