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NORWALK, CT -- Worldwide shipments of electronic displays reached $85 billion last year and will grow at an average annual growth rate of 10.6%, reaching $141 billion by 2010.

Rearchers Business Communications Co.
forecast flat panel displays will almost eliminate CRTs, which accounted for just over 32% of the market in 2005 and are forecast to decline to 6.6% by 2010.

Flat panel displays accounted for 67% of the total value in 2005. and will grow at an AAGR of 16%, jumping from $57.8 in 2005 to $121.5 billion in 2010. At this point they will account for 85% of the total display value in 2010.

Liquid crystal displays are used in a broad range of technologies, particularly the fast growing handheld applications. LCDs are the primary competitor to the CRT and will reach an AAGR of 17.5% in 2010. Shipments of plasma displays, a competitor in large television applications, reached $4 billion in value in 2004. Over the five year forecast period, shipments of plasma displays are forecast to reach a value of $10 billion.

Organic light emitting displays (OLEDs) are a burgeoning display technology that had shipments valued at close to $1 billion in 2004. The value of OLED shipments is expected to grow at an AAGR of 22.3% by 2010 to reach more than $3 billion. Shipments of other display technologies, including inorganic LEDs and vacuum fluorescent displays are projected to grow in value at rates exceeding 4% through the 2010 forecast period.
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