PtP
01-12-2004, 11:50 AM
China will produce an estimated 44.637 million LCD monitors in 2004, up 42% from 2003 and surpassing CRT-monitor production of 44.598 million units, according to iSuppli. This marks the first time LCD-monitor production has exceeded CRT manufacturing in China.
As a result of the expansion of China’s name-brand desktop-PC and do-it-yourself (DIY) computer segments, the nation’s domestic monitor market will continue to grow over the next five years at an expected compound annual growth rate (CAGR) of 10%. CRT displays will continue to account for most of China’s monitor market until 2006.
The nation’s LCD-monitor penetration rate will increase dramatically, due to the sharply falling prices of such thin monitors. Specifically, the penetration rate will rise from 19% in 2003 to 89% in 2008. The following figure presents iSuppli’s forecast of sales of both LCD and CRT monitors in China from 2003 through 2008.
Although China’s domestic LCD-monitor segment is growing rapidly, the export market will remain the main target for the nation’s LCD-monitor makers. International PC OEMs such as Dell, Hewlett-Packard (HP) and IBM are the major customers of LCD-monitor makers in China. Furthermore, some of the export shipments are for the China-based manufacturers’ own-brand sales in the US and European markets.
Moreover, big retailers such as Wal-Mart and Best Buy, among others, are also customers of China’s major monitor manufacturers. Among these companies are Proview and AOC.
In 2003, China’s LCD-monitor exports registered 29.8 million units. iSuppli believes that the export market will swell to 41.5 million units in 2004, for an increase of 39% over a year earlier. The nation’s top ten LCD monitor makers will account for 73% of China’s LCD-monitor shipments in 2004.
As a result of the expansion of China’s name-brand desktop-PC and do-it-yourself (DIY) computer segments, the nation’s domestic monitor market will continue to grow over the next five years at an expected compound annual growth rate (CAGR) of 10%. CRT displays will continue to account for most of China’s monitor market until 2006.
The nation’s LCD-monitor penetration rate will increase dramatically, due to the sharply falling prices of such thin monitors. Specifically, the penetration rate will rise from 19% in 2003 to 89% in 2008. The following figure presents iSuppli’s forecast of sales of both LCD and CRT monitors in China from 2003 through 2008.
Although China’s domestic LCD-monitor segment is growing rapidly, the export market will remain the main target for the nation’s LCD-monitor makers. International PC OEMs such as Dell, Hewlett-Packard (HP) and IBM are the major customers of LCD-monitor makers in China. Furthermore, some of the export shipments are for the China-based manufacturers’ own-brand sales in the US and European markets.
Moreover, big retailers such as Wal-Mart and Best Buy, among others, are also customers of China’s major monitor manufacturers. Among these companies are Proview and AOC.
In 2003, China’s LCD-monitor exports registered 29.8 million units. iSuppli believes that the export market will swell to 41.5 million units in 2004, for an increase of 39% over a year earlier. The nation’s top ten LCD monitor makers will account for 73% of China’s LCD-monitor shipments in 2004.