According to the researchers, TV shipments for the full year are expected to fall by 5% to 226.7 million units, following a 7% decline in 2012.
The latest figures mark deterioration in a market that IHS had previously expected to decline by only 2% this year. Plasma screens will be badly hit, suffering a 27% decline, while shipments of CRT units will decline by 40%, and the rear projection market will almost disappear completely. Shipments of LCD TVs will see a decline of 1%, according to IHS.
Overall shipments declined by 7% in the third quarter compared to the same period in 2012, according to the research.
IHS said the decline is due in part to the poor performance of the global economy and the maturity of the TV market in advanced regions. However, overall shipments are also falling in emerging markets as consumers fail to replace CRT TVs with more expensive LCD screens.
The researchers predict a return to marginal growth of 1% in the global TV market next year, driven by 5% growth in LCD sales.
ICYMI: Altice France acquires 100% control of Coriolis Télécom digitaltveurope.com/2021/09/21/alt… https://t.co/iAeJuWfXfV
21 September 2021 @ 20:30:00 UTC
ICYMI: United Group’s Nova makes key appointments digitaltveurope.com/2021/09/21/uni… https://t.co/sPsFOewJc8
21 September 2021 @ 19:30:00 UTC
Tele Columbus revamps product set to include cable connections digitaltveurope.com/2021/09/21/tel… https://t.co/bpNbT48vNg
21 September 2021 @ 17:30:00 UTC
CTE launches new premium Asian movie channel with Singtel digitaltveurope.com/2021/09/21/cte… https://t.co/YUgb36uiyN
21 September 2021 @ 17:00:01 UTC