The worldwide demand for ultra-slim LCD TVs will reach 14 million units in 2012, a 219 per cent annual growth rate for 2008-2012, new research has revealed.
DisplaySearch, a research firm specialising in display market research and consulting, indicated that ultra-slim TV designs will be one of the most important factors in the continued growth of LCD and plasma TVs. Ultra-slim TVs are sets with a depth less than 40mm.
These results and other key ultra slim TV results are included in a new topical report called "Ultra-slim flat panel TV market outlook: The next big trend in TV".
"With expected negative growth of flat panel TV revenues in 2009 for the first time, ultra-slim TVs present a much-needed opportunity for differentiation and continued value proposition in flat panel TVs," noted Hisakazu Torii, DisplaySearch Vice-President of TV Market Research.
"While LED backlights offer great promise, commercialization is still premature, providing significant opportunities for ultra-slim LCD TVs."
DisplaySearch forecasts that worldwide penetration of ultra-slim TVs will reach 10 per cent in 2012, while developed regions such as North America, Japan and Western Europe will have the highest penetration at 18 per cent for the same period.
Follow Emirates 24|7 on Google News.