Advanced TV Shipments to Rise at 22% CAGR Through 2025, Says DSCC
Global shipments of advanced TVs are expected to rise at a 22% compound annual growth rate, reaching 32.5 million sets in 2025, reported Display Supply Chain Consultants Monday. DSCC defines advanced TVs as including all OLED and 8K sets, plus…
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LCD TVs with upmarket features like quantum dot enhancement films. Stay-at-home orders drove a “massive” 71% increase in Q3 advanced TV shipments, and they're expected in Q4 to rise by a “more modest” 22% from the 2019 quarter to 4.7 million units. DSCC expects the biggest year-over-year Q4 gains in the smallest and largest screen sizes. Advanced LCD TVs smaller than 49 inches will rise 97%, it said. It expects that OLED TV growth will outpace that of advanced LCD TVs in Q4. DSCC projects that about 4.7 million 8K TVs will be shipped globally in 2025, about half of them in the 65-inch class. Fewer than 400,000 8K sets will have shipped this year, it said.