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.