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TV Shipments in Developed Markets to Decline in 2011

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SANTA CLARA, Calif., October 11, 2011 The vaticination published by DisplaySearch in its Quarterly Advanced Global TV Shipment and Forecast Report shows a further reduction in the insistence outlook for TVs worldwide. Total TV shipments are not forecast to grow from 2010 to 2011, holding at 248 million units. LCD TVs will account for 206M and plasma TV for 17M. The prophesy reduction is based on lower business targets for the year from TV manufacturers, and lower than expected immediately for key TV components during the peak procurement period leading into the holiday season.

Demand in regions like North America and Europe has fallen pinched of expectations as persistent economic problems have made consumers cautious in their spending and highly value-seeking, celebrated Paul Gagnon , Director of North America TV Research for DisplaySearch. Emerging markets on to show good growth, but it is not strong enough to counteract the weaker demand in developed markets, and as a end result, we have lowered our unit forecasts for LCD and plasma TV.

Source: ECNmag.com

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