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Home >> Display Industry Poised For Recovery
Santa Clara, Calif. — The shift to larger screen sizes and commercialization of advanced display technologies has put the flat panel display industry on the road to recovery, according to a new research from NPD DisplaySearch.
DisplaySearch said that despite excess capacity and resulting erosion in prices and profitability the flat-panel industry is seeing a renewal of sales and profit growth.
“The average diagonal sizes of key flat panel display applications have increased over the past three years, and every inch of growth in flat panel display applications results in growth in area demand and thus capacity utilization,” said David Hsieh, NPD DisplaySearch greater China market research VP. “Once consumers adopt larger panel sizes, it’s difficult for them to revert to smaller displays and lower resolution. As a result, the increase in average diagonal sizes will accelerate in 2013 as well as long-term growth for the flat panel display industry.”
In addition to consumers wanting larger and larger screen sizes for TVs and other display devices, growth is is also being fostered by a move toward higher resolution levels, wider viewing angles, integrated touch functionality, and slimmer and lighter form factors.
Key display product growth areas include:
A full report is available by contacting NPD DisplaySearch’s Charles Camaroto at (888) 436-7673 or (516) 625-2452, or firstname.lastname@example.org.