Prediction: Advanced TV shipments will grow 17% CAGR

A report from Display Supply Chain (DSCC) predicts that shipments of advanced TVs will grow at a CAGR of 17% by 2026.

Advanced TVs, as far as DSCC goes, include WOLED, QD-OLED, QDEF, MicroLED, and MiniLED units with 4K and 8K resolutions.

This suggested growth curve will mean 34.6 million units and a value of $36.1 billion according to DSCC data and taken from the latest DSCC update. Quarterly Advanced TV Shipments and Forecast Report.

In its update, DSCC’s forecast for OLED TVs has been reduced as competition between OLED and MiniLED has intensified.

“With the sharp decline in LCD TV panel prices since mid-2021, MiniLED TVs have been priced more aggressively and are expected to continue to gain market share,” DSCC says.

The researchers remind readers that two advanced television technologies appear in its historical data but are not included in its forecast, as both technologies appear to be discontinued.

“Dual Cell: LCD TVs using dual cell technology, as introduced by Hisense in 2019. Dual Cell seems to be phased out from TV, we expect zero volume for this technology from 2022; The rollable OLED TV, introduced by LG in 2021, was discontinued in 2022,” says DSCC.

For the full year 2022, DSCC expects advanced TV shipments to increase 13% year-on-year to 22.1 million units and expects revenue to increase 8 % to $29.5 billion.

About Anne Wurtsbach

Check Also

How to hedge against inflation now and later

Inflation doesn’t magically go away, but there are ways to protect yourself, now and later, …