DisplaySearch revealed in its latest Quarterly Desktop Monitor Shipment and Forecast Report that Q2’01 worldwide LCD monitor shipments rose 23% quarter on quarter (Q/Q) and 131% year on year (Y/Y) to a record 2.9 million units, exceeding expectations by 3%.
LCD monitor penetration of the global desktop monitor market reached a record high 12.4% on a unit basis and 29.3% on a revenue basis with revenues up 3% Q/Q and 56% Y/Y to $2.4 billion.
The LCD monitor market exceeded growth expectations by region in North America and in ROW and by size at 15′, 15.4′ – 16′ and at 17′.
While LCD monitor shipments soared, CRT monitor shipments fell 13% Q/Q and 11% Y/Y to 20.1 million units. On a revenue basis, CRT monitor revenues declined 11% Y/Y and 15% Q/Q to $5.6 billion.
While LCD monitor average selling prices (ASPs) fell 16% sequentially in Q2’01 leading to 23% growth, ASPs are expected to fall 20% Q/Q in Q3’01, resulting in 39% Q/Q and 134% Y/Y growth to 4.0 million units and a 15.4% share of the desktop market on a unit basis.
LCD monitor revenues are projected to rise 12% Q/Q and 36% Y/Y in Q3’01 to $2.7 billion and a 30.1% share of the $9 billion desktop monitor market.
For all of 2001, LCD monitors are expected to rise 129% to 14.0 million units and a 13.5% share.
In 2002, LCD monitor shipments are expected to rise 61% to 22.5 million units through continued price reductions in >15′ TFT LCDs along with continued interface electronics price reductions.
More details can be found on the DisplaySearch Web site.