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Company News >> ISuppli: large-size LCD panel market panorama scan 14th,Feb,2017

Due to rising demand, tight supply and rising prices, iSuppli has raised its forecast for large-size LCD panels for 2007 and beyond.

Global large-size LCD panel sales in 2007 will reach $ 66 billion, up 22.2 percent from $ 54 billion in 2006. The so-called large-size LCD panel, refers to the diagonal size of 10 inches and more than 10 inches of the panel. Compared with the original forecast of $ 62 billion, the latest forecast increased by 6%.

Global unit shipments in 2007 are projected at 353.8 billion units, up 25.2 percent from 282.5 million in 2006. ISuppli predicts shipments of $ 350.1 million in 2007.

Forecast of Large - size LCD Panel Shipments from 2006 to

2006 - 2011 sales forecast for large size LCD panels

"The second quarter of the large-size LCD panel market entered a strong rebound in the fourth quarter of 2006 and the weak price in the first quarter of 2007, and maintained this momentum in the third quarter." Sweta Dash, director of LCD and projection market research at iSuppli Said. "The demand for the three major markets is on the rise: television, desktop computer monitors and laptops. At the same time, the inventory is still under control, and overall panel prices are rising in the context of rising demand and supply constraints. The increasing demand for larger LCD TVs has led to iSuppli's increase in sales forecast for greater than unit shipments. "

In the next few years, large-size LCD panel market is expected to maintain a strong growth momentum. Dash forecast 2011 large-size LCD panel shipments will reach 5,776 million, iSuppli than the original forecast of 581.1 million increase of 2%. 2011 sales are expected to reach 102 billion US dollars, compared with iSuppli's original forecast of 96 billion US dollars increased by 6%. This will be the world's largest LCD panel market size for the first time exceeded 100 billion US dollars mark.

"In the coming years, global consumers increasingly favor LCD TV, which will drive unit shipments to grow," she said. "Consumer hotspots turn to larger LCD TVs, especially 40/42 inches or even larger, that will drive sales growth."