Flat Panel Market, Anything but Flat
CLOVERDALE, CA - August 13, 2002 - By 2005 the North American flat-panel LCD
market for monitors will reach $49-bil, having grown at an annual rate of 18%
since 2001. In 2002, total shipments of LCD monitors will reach 10 million
units, and will likely surpass 45 million units in 2005.

In 2005
share in shipments by screen size will be 15-inch (62%), 17-inch (28%), 18-inch
(9%), and 19-inch (1%).
Corporations are buying LCD monitors for a variety of reasons:
-
Lower purchase price:
Two years ago, flat panel displays appropriate for the business environment
cost $1,000. Today a good 15-inch monitors cost less than $400. High end
19-inch models that used to cost more than $3,000, now sell for a little over
a $1,000.
-
Cool:
People like the way they look—efficient, modern, upscale. LCDs are still
somewhat of a status symbol for the first to have them on their desk tops,
especially for 17-inch and over models.
-
Ergonomics:
Crisper images cause less eye strain. Being less bulky, LCDs can be located
anywhere on a desktop for maximum viewing.
-
Space:
Financial institutions and other businesses that rely on rooms full of
monitors can more economically use floor space with the LCDs smaller
footprint.
-
Energy savings:
LCDs have about a 3 to 1 power savings over CRTs. For companies with thousands
of employees, i.e., monitors, the savings add up.
-
Longer life:
CRTs lose about half their brightness in 5,000 to 10,000 hours, depending on
the quality of the monitor. LCDs are rated for between 25,000 to 35,000 hours
for the same half-life.
In the
2004 to 2006 time frame, LCD sales will pass that for CRTs. Recent sales have
largely resulted from pent-up demand and falling prices. Price reductions are
flattening out. Yet, with the cost of computers coming down, justifying the
higher cost of an LCD over a CRT for reasons of ergonomics, and energy and space
savings will keep the demand high for LCDs.
The
information in this
In-Depth Analysis is based on a review of the InfoTech Trends
database of market research statistics, as well as additional sources. For more
market data on the information technology industry, go to
Free Data.
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