LCD displays to account for more than 80% in 2006

Posted on Saturday, Jan 14 2006 @ 02:00 CET by Thomas De Maesschalck
A couple of years ago LCD display were still quite rare and now they are taking over the market. According to a new report from a display market research firm, LCD displays are expected to account for more than 80 percent of the market during this year.
Of the worldwide shipments of monitors, LCD monitors are expected to account for more than 80%. Displaybank (CEO Peter Kwon), a display market research firm, has recently predicted in its global monitor market forecast report for 2006 that monitor shipments will hit 155 million units in 2006, with LCD monitor shipments likely to reach 125 million units for a 80.4% share. This indicates that the LCD monitor market is growing at a rapid pace, with the ratio of LCD to CRT shifting from 50:50 in 2004 to 70.3:29.7 in 2005 and to 80.4:19.6 in 2006.
The most popular size is 17-inch with an expected 61% market share this year, followed by 19-inch LCD displays at 28%. More details at Display Bank.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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