Industry Analysis & Industry Trends
In 2011, demand for liquid crystal display (LCD) televisions and high-end products industry products is expected to increase due to increasing household disposable income levels. In addition, exports will increase as the global economy recovers. Revenue generated by the Television, DVD and Video Equipment Manufacturing industry is forecast to total $56.7 billion in 2011, up 8.7% on the previous year. Over the five years through 2011, revenue is expected to grow by an annualized 6.0%.
Exports are important for this industry, accounting for more than half of industry revenue in 2010 and 2011, but down from 63.2% in 2008. Volatile export growth in the past five years was mainly caused by the industry's changing export product structure and the global recession.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The market size for the Television, DVD and Video Equipment Manufacturing industry will continue to expand over the next five years. However, the pace of growth will be steady as foreign demand remains weak and prices continue to decline.
Demand is expected to increase slowly over the next five years. In the television market, the main product segment, increasing demand is mainly from the replacement of old products. In 2010, the output of LCD televisions increased to 90.3 million units, up by 33.5% from 2009. Meanwhile, the share of CRT televisions by volume declined to 21.0%. High-end products are substituting CRT products in both domestic and foreign markets, which is resulting in increased demand. Demand for DVD players and digital video cameras is also increasing steadily... purchase to read more