Home General Various News Global TV market to reach US$86 billion by end of year,…

Global TV market to reach US$86 billion by end of year,…

239

  • Register
Taipei, Tuesday, November 29, 2016 04:34 (GMT+8)
showers
Taipei
24°C

  • Article
  • . (0)
  • Related content
Print Email

Global TV market to reach US$86 billion by end of year, says Futuresource Consulting
Press release, November 28; Michael McManus, DIGITIMES [Monday 28 November 2016]

After a 2% decline in worldwide TV shipments last year, 2016 is showing signs of a turnaround, with the market flattening out to end the year on 225 million units, achieving a value of US$86 billion according to a new report from Futuresource Consulting.

"Although we’ve seen the overall global picture stabilize this year, there have still been some major events at a country level with France likely to see 20% growth whilst Mexico and Brazil are both forecast to suffer declines of over 10%," said Jack Wetherill, senior market analyst at Futuresource Consulting. "Our research generates market data for 25 different countries and we’re seeing signs that demand in China will grow by at least 5% this year, with the country accounting for one out of every five TV shipments on the planet. India and other countries within Asia Pac are also making a positive impact on the worldwide figures."

"The brakes are on in Eastern Europe, where the effects of the Russian downturn have hit hard. Beyond the successes in France, Germany and the UK, Western Europe is also feeling the pinch, and Latin America is taking a slide," added David Tett, Market Analyst at Futuresource.

"With several political and economic story lines playing out on the world stage, it’s a tricky landscape for many to gauge and our comprehensive approach ensures a robust dataset, with our forecasts showing a 3% CAGR out to 2020."

Although 4K UHD growth is lower than expected, particularly in the USA, it continues to perform strongly, with shipments forecast to increase by 75% in 2016, accounting for 25% of all TV shipments. On Black Friday, Futuresource research suggests that 4K UHD TVs will be the showpiece product for many retailers. Deals offering hundreds of dollars off 4K UHD sets are expected from a wide variety of vendors in the US and the many other markets which now embrace the sales event. By 2020, 4K UHD’s share will rise to 60% of total worldwide shipments.

Meanwhile, Smart TVs are on target to account for 59% of total shipments in 2016, but remains weak in some markets due to entrenched alternatives like Pay TV or slow internet speeds. Despite this, Smart TV will be a feature shipped in three out of every four sets by 2020.

OLED is still emerging from its niche, with 2016 bearing witness to an increase in the number of vendors producing TV sets with OLED panels. Shipments will reach nearly 1 million units in 2016; although this accounts for less than 0.5% of total market volumes it represents 3% in value terms, due to the premium positioning and associated pricing.

Looking to the brands, Samsung and LG continue to dominate in Europe, whilst LG takes third spot in the US behind Samsung and Vizio. Meanwhile Chinese vendors are still working to gain a foothold in these lucrative markets. In Japan, Sharp is ahead of the game, and Skyworth and Hisense are battling it out for first position in China.

Tweet

Categories: Display panel Display system Displays

    Related stories

  • BOE Technology plans to start production at 10.5G factory in 2Q18 (Nov 21)
  • Digitimes Research: Taiwan sees increased LCD TV shipments in 3Q16 (Nov 1)
  • Over 57 million LCD TVs shipped globally in 3Q16, says Witsview (Oct 28)
Realtime news
  • China vendors to continue to serve as major players in global smartphone market in 2017

    Mobile + telecom | 5h 54min ago

  • Japan market: 3Q16 solar cell, PV module shipments down 13%, 6% on year, says JPEA

    Green energy | 5h 58min ago

  • TSMC to post up to 3% sequential drop in 1Q17 revenues

    Bits + chips | 5h 59min ago

  • Walton profits to surge in 4Q16

    Bits + chips | 6h 2min ago

  • TSMC planning 12nm process technology

    Bits + chips | 6h 4min ago

  • Taiwan market: Acer sees desktop shipment growth in 2016

    IT + CE | 6h 5min ago

  • Taiwan market: Acer sees desktop shipment growth in 2016

    Before Going to Press | 6h 33min ago

  • Kingston to restructure its Asia-Pacific operations

    Before Going to Press | 6h 34min ago

  • CPT sells factory property to Gaintplus Technology

    Before Going to Press | 6h 35min ago

  • Taiwan turns out 26.55 million LED light bulbs, tubes in January-September, says MOEA

    Before Going to Press | 6h 35min ago

  • More than five polysilicon makers expected to be forced out of the global market, says Bernreuter Research

    Before Going to Press | 6h 36min ago

  • Huawei Technologies to set up R&D center in Japan, says Nikkei

    Before Going to Press | 6h 36min ago

  • LG Display to combine 2 business units

    Before Going to Press | 6h 38min ago

  • JAXA, Sharp cooperate to develop thin-film PV modules for use in satellites, space ships

    Before Going to Press | 6h 39min ago

  • Digitimes Research: Taiwan top foundries to enjoy particularly strong 4Q16

    Before Going to Press | 6h 40min ago

  • China makers turn out 3.7GWp of PV modules in January-August

    Before Going to Press | 6h 42min ago

  • China Mobile to start 5G experiment in 2017

    Before Going to Press | 6h 43min ago

  • Mitac expects IoT for car business to grow dramatically in 2017

    Before Going to Press | 6h 44min ago

  • Inventec said to produce new full-headset headphones for Apple

    Before Going to Press | 6h 45min ago

Pause
 | 
View more

China smartphone touch-panel industry 2016 forecast
Intel strategies in the mobile device market
Analysis of China revised domestic semiconductor industry goals
Sponsored links
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.

Buy link

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here