rAVe: Pro flat panel display market up 29% this year, says new report
November 7, 2011 by guest author, rAVe Publications
Year on year growth in the professional flat panel display sector is at nearly 29 per cent, according to new research from Futuresource Consulting.
The pure pro display market experienced quarter-on-quarter growth of close to 6 percent in Q3, and volume sales for the year so far is at 454,000 units, Combining pro displays with consumer displays sold into the professional market, the combined market grew by nearly 7 percent quarter-on-quarter in Q3, and 25 percent year-on-year.
After a difficult Q2 for the Japanese market – when professional display sales fell 55 percent – the country began its recovery in Q3, posting sales of 26,000 units, equivalent to quarter-on-quarter growth of 68 percent. It was also a strong quarter for Japanese vendors, who all experienced good growth in their professional display line-ups, ahead of the market curve.
China continues to lead the market for professional display, with the transport sector in particular driving growth. Domestic players still dominate the competitive landscape, though international brands are beginning to enjoy some traction after a long period of investment.
If you want to read the report, go here: http://www.futuresource-consulting.com/