Market?...Interesting number, $70 Billion
displaysearch.com
FPD Market To Grow at 25% CAGR to $70 Billion in 2005
AUSTIN, TEXAS, February 2nd, 2000 - DisplaySearch, a leading flat panel display (FPD) market research firm, will reveal in the plenary
session of today's Display Works 2000 FPD Manufacturing Technology Conference that it expects the $18.5 billion FPD market to grow at a
24.8% CAGR to reach $69.9 billion in 2005. DisplaySearch also forecasts that FPDs will surpass cathode display tubes (CDTs) in 2004 and
account for 54% of the $130 billion 2005 display market. CDTs are expected to grow at a 7% CAGR over this period. Driving the display
market over the next 5 years is demand for more content (text, graphic and video), seen more frequently, displayed in more locations and in
more products. FPDs will gain market share at the expense of CRTs due to a number of key advantages including improved portability, lighter
weight, lower power, higher pixel densities, improved front of screen performance and narrowing cost difference. As FPD costs fall, new and
larger markets will become available such as TVs and other consumer products. In addition, new functionality in display-based products will
also boost demand. For example, at the CES show in January, consumer electronics manufacturers demonstrated watch PDAs, watch phones,
watch digital cameras, watch MP3 players, watch TVs, watch PCs and watch navigation systems. To meet increasing demand, FPD suppliers
are expected to spend $2-$3 billion per year in additional capacity with TFT LCD suppliers increasing capacity by 426% between 1999 and
2005. In this presentation, DisplaySearch President Ross Young will segment the FPD market by application and by technology in revenues as
well as provide current and future market and technology trends in the notebook PC and LCD monitor markets.
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Best, Savant |
