By 2011, contract manufacturers will produce more than one out of every three LCD televisions worldwide, according to a new forecast from market researcher iSuppli.
Together, original design manufacturers (ODMs) and the electronics manufacturing services (EMS) providers — the two types of LCD contract manufacturers — are predicted to produce 61.8 million LCD TVs in 2011, up from 12 million in 2006, according to iSuppli.
The forecasts are part of iSuppli’s upcoming “Global OEM Manufacturing and Design Analysis (GOMDA) — Flat-Panel TV Module” report.
LCD TV outsourcing generated $8.9 billion in revenue in 2006 and is projected to grow to $25.2 billion in 2011, rising at a CAGR of 23.2 percent. This huge revenue growth outlook has attracted the attention of a large number of Asian ODMs. There are more than 20 such ODMs serving LCD TV OEMs. EMS providers, on the other hand, are just beginning to penetrate the market, according to the research firm.
For more information, visit www.isuppli.com/catalog/L2_goma.asp.