LCD TV Shipments Soar to 125% percent

Research firm DisplaySearch released a recent report showing LCD TV shipments rise by 125% percent in the first quarter of 2005.

Driving the sky-rocketing growth were price drops of at least 20% with some sizes dropping as much as 40% depending on manufacturing output. The report also shows that larger LCD TV’s are picking up momentum among consumers.

In China, LCD TV shipments grew 400% over the previous year while European LCD TV shipments grew the second fastest with a growth rate of up to 188% over the previous year. Here in the United States, we saw LCD TV growth increase by 102% over the previous year.

DisplaySearch used the following branded LCD TV’s in their report: Audiovox, BenQ, Changhong, Daewoo, Dell, Gateway, Haier, Hisense, Hitachi, Hyundai, Ingram, JVC, Konka, LGE, Loewe, Mitsubishi, Panasonic, Philips, Relisys, Sampo, Samsung, Sanyo, Sharp, Skyworth, Sony, SVA, Sylvania, Syntax, Tatung, Toshiba, TTE, ViewSonic, Westinghouse and Xoceco.

Sharp is still the number one LCD TV maker with a 21% market share.

Table 1    Worldwide Branded LCD TV Market Share and Y/Y Growth                 Share       Y/Y Growth             -------------Brand        Q4'04   Q1'05     Q1'05Sharp        21.9%   21.0%       82%Philips      14.7%   10.9%      129%Samsung       9.8%   10.8%      109%Sony         11.0%   10.0%       74%LGE           6.7%    7.3%       57%Other        35.9%   40.0%      216%            --------------      -----Total       100.0%  100.0%       125%

By size category, Sharp continued to lead at 10″-14″, 20″-21″, 25″-29″, 35″-39″ and 45″+ and overtook Sony at 30″-34″. Samsung overtook Philips at 15″-19″, Philips overtook Sony at 22″-24″ and Sony continued to lead at 40″-44″.