Market Drivers
Growth of New Electronics: Flat Screen TV's
CEA expects shipment revenues for TV’s to continue to grow over the next several years, rising from $14.6 billion in 2004 to $25.9 billion in 2009. This makes the TV market both the largest in history and the biggest single consumer electronics product category ever!
The current enthusiasm for bigger, higher resolution displays can be traced back to the consumer’s long -standing quest for a theater-like experience in the home.
Market Growth:
| LCD and Plasma Sales to dealers |
| |
Unit Sales (Thous.) |
% Change |
| 2001 |
861 |
|
| 2002 |
1041 |
21% |
| 2003 |
1595 |
53% |
| 2004 |
3437 |
115% |
| 2005 |
5279 |
53% |
| 2006 |
8000 |
52% |
| 2007P |
11840P |
48% |
| 2008P |
18000 |
52% |
|