EL SEGUNDO, CA – Global shipments of LCD TVs are expected to hit a record level in the fourth quarter, a mark that won’t be matched until the third quarter next year, says iSuppli Corp. This would mark the end of sequential quarterly unit shipment growth for LCD-TVs, a period of historic expansion for the market that has lasted since 2005.
 
LCD-TV shipments are expected to reach the 25.1 million-unit mark in the fourth quarter—the product’s largest quarterly unit volume to date, according to iSuppli.
 
However, in the first quarter of 2008, LCD-TV unit shipments will decline to 19.5 million units. “The slower first-quarter shipments are the result of seasonal factors,” said Riddhi Patel, principal analyst for television systems for iSuppli. “But LCD-TV shipments in the second quarter of 2008 will amount to only 21.9 million units, still down from the peak level in the fourth quarter of 2007. But once the third quarter comes around, LCD-TV unit shipments will reach a new quarterly high.”
 
Further proof of the slowdown can be found in the quarterly compounded growth rates for 2007 and 2008. The compounded quarter-to-quarter growth for LCD-TV shipments for the period of 2007 through 2008 is expected to be 11.5%, says iSuppli. In comparison, quarterly compounded growth in 2005 through 2006 was 22.7%.
 
While this represents a significant slowdown compared to previous years, LCD-TV shipments will continue to grow at an impressive rate during the long term, according to the research firm.
 
The CAGR for LCD-TVs for the period of 2006 through 2011 will amount to 31.9%. The global LCD-TV market will hit 165.3 million units in 2011, up from 41.4 million in 2006. Overall LCD-TV shipments in 2008 will amount to 98.5 million units, up from 75.7 million units in 2007.
 
So, despite a slower growth in the first half of 2008, overall growth will be significant.
 
Revenue in the global LCD-TV market will reach $116.2 billion in 2011, a 19.4% CAGR from 2006, says iSuppli.

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