• Subscribe
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Columns
    • Chris Dziadul
    • Julian Clover
    • Robert Briel
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Renewed growth in global flat panel TV sales

August 21, 2014 08.05 Europe/London By Broadband TV News Correspondent

The first wave of replacement sales in flat panel TV will help to inject renewed growth into global TV sales over the coming five years.

Approximately 23% of global flat panel TV sales in 2013 were bought as a replacement for an existing flat panel display and this share is expected to grow to 67% by 2018 helping to drive overall TV shipment growth of 3.8% CAGR over the same period according to the Strategy Analytics Connected Home Devices (CHD) service report, Global TV Replacement and Ownership 2008-2018.

The number of global TV households will grow from 1.49 billion to 1.60 billion or 85% of total global households by 2018.

The global average number of active TVs per TV household peaked in 2013 at 1.72 and will fall to 1.66 by 2018. The USA has the highest level of multiple TV ownership in the world with an average of over 2.6 TVs per TV household.

The global installed base of flat panel TVs will overtake that of CRT displays in 2014.

Global TV ownership

David Watkins, Service Director, Connected Home Devices commented: “We are now witnessing the first major wave of Flat Panel TV replacement particularly in developed markets such as Western Europe and North America. Early adopters of the technology are seeking out upgrades to their aging sets driven by a desire for a larger screen, high quality pictures and new, thinner set designs”.

Eric Smith, Analyst, Connected Home Devices said: “Moving forwards the TV industry will become less reliant on consumers purchasing additional sets for their homes as alternative TV viewing devices such as tablets will increasingly impact on demand for small screen TVs that would be destined for use in a bedroom or kitchen. Replacement demand for the main living room TV set will become the major driver of TV sales over the next 5 years”.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: Newsline, Research Tagged With: Strategy Analytics Edited: 21 August 2014 08:05

Latest News

  • Streaming services take investment in original titles past $26bn in 2023
  • Alexandre Fonseca to chair Altice USA board
  • Apple makes play for English football rights
  • Per Christian Mørland to leave Telia
  • Viasat World in Ukraine: an update

Free Ebook

Whitepaper: Why Wi-Fi 6 is Key for ISP Success

Wi-Fi 6 and Wi-Fi 6E client devices are entering the home in an unprecedented way, surpassing 50% market share since their introduction in 2019 (compared to four years for Wi-Fi 5). … [Download the eBook...]

Q & A

Q&A with Przemyslaw Frasunek, Redge Technologies

Broadband TV News speaks with Przemyslaw Frasunek, the CEO of Redge Technologies, about the CEE region OTT landscape and the most effective video security solutions.

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Broadband TV News

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Connect with Us

 

Copyright © 2023 Broadband TV News LLP · Log in

 

Loading Comments...