Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Report: BRIC Could Lead Flat Panel TV Sales
Sep 10, 2009
 Printable format
 Email this Article
 Search

For 3Q 2009, global Flat Panel TV (PTV) sales were recorded at 29 million units, a 24% increase compared with the same period last year, yet less than the 31% increase of 2008, said a GfK Retail and Technology report. The situation of the PTV market in the U.S., Europe, and Japan is not especially optimistic, the report said, and as a result, many are beginning to attach hope to the emerging markets, such as BRIC (Brazil, Russia, India, and China).

The report said that the population of BRIC is 2.84 billion, 42% of the world's total. Although the BRIC countries are still a long way from being recognized as a developed group of nations in terms of economic aggregate, high growth has been exhibited at an impressive rate. For example, although China's GDP is slowing down, it was still 6% in Q1 2009 which is obviously higher than the global average. In Q2 2009, China's GDP rose to an extremely strong 7.9%.

The report noted taht BRIC be the real engine of the global PTV market with China at the forefront. According to GfK data, total PTV sales of BRIC countries in Q1 2009 was 7.47 million units, 25% of the global PTV market and a 72% increase compared with the same period last year which exceeded the global average increase rate of 24% by a considerable margin.

In Q1 2009, PTV sales in China stood at 5.16 million units, a 66% increase compared with Q1 2008, accounting for 69% of BRIC's total sales. China represents more than half of both BRIC's population, the report said, and total GDP and is seen as the figurehead of this emerging group. The combination of a high population and a rising economy gives China the potential to be the most important country for the PTV market in the world as the BRIC countries develop further.

Back to Daily News

 

Daily News

...........................................................

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

Jul 29, 2014: TCL Will Manufacture Portable HVAC Equipment for Soleus Air

Jul 29, 2014: HVACR Contractors Outlook Remains Positive

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows