NPD DisplaySearch announced it reckons that global TV shipments declined for the second straight quarter, falling 8% year over year in Q2 2012.
For more information visit: www.displaysearch.com
Unedited press release follows:
Global TV Shipments Decline for Second Straight Quarter, According to NPD DisplaySearch
Demand for Larger Screens and Increasing Feature Mix Provide Optimism for the Industry
Santa Clara, California, September 11, 2012 — Global TV shipments declined for the second straight quarter, falling 8% Y/Y in Q2’12, according to the NPD DisplaySearch Advanced Quarterly Global TV Shipment and Forecast Report. The decline in TV shipments started in Q4’11 and has continued in 2012, reflecting worsening economic conditions worldwide and slower price erosion, which both affect consumer demand.
Japan has been the hardest hit, with Q2’12 shipments plunging 77% Y/Y to less than 1.4 million. In developed markets, TV shipments were down 23% Y/Y, while emerging market growth slowed to 3% from double-digit growth at the end of 2011. China, a strong driver of emerging market growth, rebounded from a Q1’12 decrease, growing 6% in the second quarter. Eastern Europe continued double-digit demand growth, but all the other emerging markets saw shipment levels fall from a year earlier.
“A sharp decline of demand in Japan and a correction in Europe following the analog broadcast shut-offs in 2010 and 2011 have significantly impacted the TV market and contributed to a decline in shipments,” noted Paul Gagnon, Director, North American TV Research for NPD DisplaySearch. “Emerging markets have also been affected by softer shipment growth recently, related to a rapid decline in demand for CRT TVs and to less price erosion in flat panels. Despite this, the growth in demand for larger screen sizes and the increasing feature mix is cause for optimism.”
LCD TV shipments were down Y/Y for the second quarter in a row, falling 2%, but demand for LCD TVs of 40” and larger is strong, with second quarter shipments rising more than 15% Y/Y. Advanced features within the LCD TV market also showed improvement, as LED, high frame rate, and 3D all increased in share during Q2’12. Meanwhile, plasma TV shipments fell for the sixth straight quarter, down by more than 20%.
Table 1: Q2‘12 Worldwide TV Shipments by Technology (000s)
| Technology |
Q2’12 |
Q2’12 |
Q/Q |
Y/Y |
| LCD TV |
44,123 |
85.5% |
2% |
-2% |
| PDP TV |
3,150 |
6.1% |
6% |
-26% |
| OLED TV |
0 |
0.0% |
– |
-100% |
| CRT TV |
4,347 |
8.4% |
-15% |
-36% |
| RPTV |
15 |
0.0% |
-40% |
-38% |
| Total |
51,635 |
100% |
-32% |
-8% |
Samsung Global TV Revenue Share Rises to a Record Level, Japanese Brands’ Revenues Fall
Samsung’s global flat-panel TV revenue share reached a new high, growing to more than 28% and leading all other flat-panel TV makers by a significant margin. The top three Japanese brands—Sony, Panasonic, and Sharp—were severely impacted by the drop in demand in Japan, so each saw global flat-panel TV revenues decline more than 30% Y/Y. Globally, Chinese brands grew 14% Y/Y in the Q2’12, while Korean brands grew by 9%.
Table 2: Q2‘12 Worldwide Flat Panel TV Brand Rankings by Revenue Share
| Rank | Brand | Q1’12 Share |
Q2’12 Share |
Q/Q Growth |
Y/Y Growth |
|
1 |
Samsung |
25.9% |
28.5% |
18% |
18% |
| 2 | LGE | 14.6% | 15.2% | 12% | 0% |
| 3 | Sony | 9.4% | 8.3% | -5% | -33% |
| 4 | Panasonic | 5.3% | 6.8% | 38% | -32% |
| 5 | Sharp | 6.5% | 5.0% | -17% | -32% |
| Other | 38.3% | 36.3% | 2% | -3% | |
| Total | 100.0% | 100.0% | 8% | -6% |
The NPD DisplaySearch Advanced Quarterly Global TV Shipment and Forecast Report includes market intelligence regarding panel and TV shipments by region, brand, size, resolution, frame rate and backlight type for nearly 60 brands. It also presents rolling 16-quarter forecasts, TV cost/price forecasts, and design wins. For more information on this report, please contact Charles Camaroto at 1.888.436.7673 or 1.516.625.2452, e-mail contact@displaysearch.com, or contact your regional NPD DisplaySearch office in China, Japan, Korea or Taiwan.
About The NPD Group, Inc.
The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 2,000 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, entertainment, fashion, food, home and office, sports, technology, toys, video games, and wireless. For more information, contact us or visit www.npd.com/ and www.npdgroupblog.com/. Follow us on Twitter at www.twitter.com/npdtech and www.twitter.com/npdgroup.
About NPD DisplaySearch
Since 1996, NPD DisplaySearch has been recognized as a leading global market research and consulting firm specializing in the display supply chain, as well as the emerging photovoltaic/solar cell industries. NPD DisplaySearch provides trend information, forecasts and analyses developed by a global team of experienced analysts with extensive industry knowledge. In collaboration with the NPD Group, its parent company, NPD DisplaySearch uniquely offers a true end-to-end view of the display supply chain from materials and components to shipments of electronic devices with displays to sales of major consumer and commercial channels. For more information on NPD DisplaySearch analysts, reports and industry events, visit us at www.displaysearch.com/. Read our blog at www.displaysearchblog.com/ and follow us on Twitter at @DisplaySearch.