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Global Large Format Display Market Posts 20% Growth According to Futuresource Consulting - Worldwide shipments of professional flat panel displays increased by 8% quarter-on-quarter in CYQ4 2013 to reach 567,000 units and finish the year with 20% volume growth - Futuresource-hq.com
Global Large Format Display Market Posts 20% Growth According to Futuresource Consulting

 

NewswireToday - /newswire/ - Dunstable, Bedfordshire, United Kingdom, 2014/04/04 - Worldwide shipments of professional flat panel displays increased by 8% quarter-on-quarter in CYQ4 2013 to reach 567,000 units and finish the year with 20% volume growth - Futuresource-hq.com.

   
 
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Worldwide shipments of professional flat panel displays increased by 8% quarter-on-quarter in CYQ4 2013 to reach 567,000 units and finish the year with 20% volume growth, according to the latest research from Futuresource Consulting.

"The EMEA region continues to perform well, with quarterly volume growth standing at 16% and market volumes reaching 163,000 units. Also, the project business in Russia and Poland supported by strong performances across much of Western Europe saw the region grow by 16.6% quarter-on-quarter" says Ben Davis, Market Analyst at Futuresource Consulting.

"Year-on-Year growth in the region stands at 22% and the market grew quarter-on-quarter by 14%. However, this is excluding the Turkish market where the FATIH project had spiked volumes of 65" IFPD a year previous.

"Market value remains consistent with CYQ2, growing 12% quarter-on-quarter with good demand for 60-inch & 70-inch screens complementing stable volumes in the mid ranges."

2013 has brought good growth to the region, excluding Turkey, year to date volume growth was 21% with significant increases in demand seen in key Middle Eastern territories where project business in transport, retail and education is driving early adoption cycles.

At a Regional Level
Despite US demand continuing to remain relatively stagnant (the market is returning annual growth of 0.03% in 2013) the Americas region returned QoQ growth of 5% with good business seen in Canada, Brazil and other areas of Latin America.

The Asia Pacific region closed the year with a solid quarter, full year 2013 volumes reaching 920,000 units, 28% growth on 2012. The market of Japan, China and Korea all returned annual growth rates in excess of 20%.

At a Segment Level
Entry level/Prosumer products continue to gain traction in the market, while high end solutions lose share. Mid-range products maintain demand as customers trade down value-orientated solutions.

Video wall products maintained their strong position in a growing market, with volumes driven by the increasingly diverse applications for video wall set ups and super narrow bezel' product increasingly being used as standalone displays in aesthetically-orientated retail applications.

This 111-page report reviews the quarterly performance of flat panels sold in the corporate and public display markets to date and provides an outlook to 2019, profiling key countries regions and reviews the major developments in terms of product features and competitive landscape. For more information, please contact Andy Watson via andy.watson[.]futuresource-hq.com

Notes
Futuresource Consulting is a specialist research and knowledge-based consulting company, providing organisations with insight into consumer electronics, digital imaging, entertainment media, broadcast, storage media, education technology and IT. With a heritage stretching back to the 1980s, the company delivers in-depth analysis and forecasts on a global scale, advising on strategic positioning, market trends, competitive forces and technological developments.

Authorised use of information
All information provided by Futuresource in any form is proprietary information that belongs to Futuresource and is protected by UK and international copyright law. Except as outlined below, direct or indirect reproduction of information, in whole or in part and by any means, is prohibited without the express written consent of Futuresource.

Members of the press may use a press release in its entirety or take segments from it as necessary; they may also use a graph, a slide, or a section of a supplied research report less than fifty words long, provided all text is identified as "Source: Futuresource Consulting" and all graphics are credited with "Futuresource Consulting, copyright 2014".

Futuresource Media Contact
For industry comment, forecasting and trends contact Andy C Watson on:
Direct Dial+44 1582 500169
Email andy.watson[.]futuresource-hq.com

 
 
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Global Large Format Display Market Posts 20% Growth According to Futuresource Consulting

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Publisher Contact: Andy C. Watson - Futuresource-hq.com 
+44(0)15 8250 0169 andy.watson[.]futuresource-hq.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Futuresource Consulting securities in any jurisdiction including any other companies listed or named in this release.

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