Advanced Television

Research: Global 3DTV shipments to witness sharp growth

May 2, 2011

The 3DTV segment of consumer electronics market is projected to grow at a CAGR of around 84 per cent during 2011 to 2013, according to research firm RNCOS.

RNCOS suggests that the global consumer electronics industry is set to witness phenomenal growth in near future after the moderation of tough economic conditions, with 3DTV anticipated to show the highest growth rate.

The study – Global Consumer Electronics Market Forecast to 2013 – suggests that the volume sales will grow at a rapid pace in a short period as manufacturers have started to implement 3D as a standard feature across their HD flat-panel product lines. The availability of 3D standard feature at a slightly higher cost will encourage consumers to opt for 3D capable TVs. Further, it is expected that the US, Japan, and Western Europe will be the key markets for 3D TV sales in coming years.

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