Flat panel TVs—call them the silver bells of the 2005 holiday season. You are bound to hear the buzz of this phenomenon—manufacturers are investing big money in production capacity; retailers are aglow with robust sales and many consumers had hoped to find a nice new display waiting for them under the tree this past holiday. But, just how big is this flat phenom? For a look, turn to research from the Consumer Electronics Association.
As the leader of the flat-pack, it seems only fair to start with LCD. CEA's original 2004 forecast estimated 1.3 million LCD TVs would make their way from worldwide factories into the U.S. market. And yet, in just the first 10 months alone, shipments have climbed to over 1.4 million units, representing a 223 percent increase over last year's 10 month volume.
But will this continue? This year promises more of the same as CEA expects shipments to nearly double again.