China leads in sales of 4K×2K TVs, as per NPD DisplaySearch

NPD DisplaySearch finds the 4K×2K TV shipments are expected to total 1.9 million units in 2013, rising to 12.7 million units in 2014. China is said to have an 87% share of 4K×2K TV units in 2013, dropping only slightly to 78% in 2014. NPD DisplaySearch says 4K×2K TV average prices are expected to fall below $1,000 in China during 2014, while the worldwide average remains over $1,100 and close to $2,000 in North America. “As the manufacturers of 4K×2K TV LCD panels and sets expect strong growth in 2014, the supply chain focus on growing demand is rising dramatically,” noted Paul Gagnon, director for global TV research at NPD DisplaySearch. “Panel makers are planning for nearly 27 million 4K×2K TV panels to be produced next year, while brands have somewhat more modest expectations for the end market. There is a significant difference in outlook between China and other regions.” Figure 1: 4K×2K LCD and OLED TV Forecast
Source: NPD DisplaySearch Quarterly Global TV Shipment and Forecast Report - Advanced Other findings shared by NPD DisplaySearch includes: Overall TV demand is expected to fall 3% in 2013, after a 6% decline in 2012. Overall demand in many regions is still affected by the accelerated demand in 2010 and 2011, which pulled in ...