APRIL 9--At the recent flat-panel-display (FPD) market conference, hosted by DisplaySearch (Austin, TX; www.displaysearch.com), a researcher and consultant in that market, it was reported that the FPD market fell 9% in 2001 to $22 billion and is expected to rebound in 2002, rising 37% to $30 billion. From 2001 to 2006, the FPD market is expected to grow at a 21% CAGR to $57 billion.
Drivers for near-term growth include strong large-area TFT LCD demand and rising large-area TFT LCD prices. Over the long term, drivers for growth include significant increases in TFT LCD capacity, targeting both large-area and small/medium applications, lower TFT LCD prices significantly boosting penetration into the LCD TV market, lower PDP costs/prices boosting PDP TV penetration, availability of AMOLEDs, and increased active matrix penetration into handheld markets as the price gap narrows and bandwidth widens.
It was reported that FPDs will surpass CRTs on a revenue basis this year and will earn a 65% share of the $88 billion 2006 display module market. Desktop monitors will become the number-one FPD market on a revenue basis in 2002, while TVs will surpass notebooks to become the number-two application in 2006.
Detailed results and forecasts for LCD monitors and LCD monitor modules included: the LCD monitor market rose 156% in 2001 to 15.7 million units and is expected to rise 96% in 2002 to 30.8 million units. LCD monitors are expected to rise at a 43% CAGR to 95 million units in 2006, earning a 66% share of the desktop monitor market. LCD monitors are now expected to surpass CRT monitors in 2005 as the price gap continues to narrow. Samsung was the top brand in 2001 with a 7.8% share, followed by NEC-Mitsubishi and Dell. Samsung was also the top LCD monitor OEM in 2001 with a 14.0% share.
TFT LCD monitor modules shipped to the LCD monitor and LCD PC markets are expected to reach 32 million units in 2002, with a large-area TFT LCD surplus of 2.8%, indicating fabs targeting TFT LCDs are expected to be operating at 97% utilization for the year. LG.Philips LCD led the 2001 LCD monitor module market with an 18.8% share, up from 17.4% in 2000.