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Big screen TV panels to exceed 50 pct of global market in 2017

All News 09:21 June 19, 2017

SEOUL, June 19 (Yonhap) -- TVs with 50-59 inch display panels are expected to account for more than 50 percent of the global TV market this year, industry data showed Monday, indicating an industry trend toward larger-sized TV panels.

According to the data compiled by industry tracker IHS, the share of such big-screen TVs is forecast to reach 51.7 percent this year, exceeding the estimated share of 35.3 percent by models with 40-49 inch panels.

After the 50-59 inch segment, 60-69 inch TV panels have great potential to become the next mainstream size, with a market share of 20.4 percent by 2020, IHS said.

The market share of the 40-49 inch products, meanwhile, is forecast to decrease from 29.8 percent in 2018 to 28.6 percent in 2020, the data showed.

TV display panel makers are aggressively supplying 50-inch and larger panels, with fierce competition expected among major TV makers, such as Samsung Electronics Co., LG Electronics Inc. and Sony Inc.

Big screen TV panels to exceed 50 pct of global market in 2017 - 1

khj@yna.co.kr
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