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Increasing Popularity of LCD TVs Boosts LCD Manufacturing Equipment Markets - New analysis from Frost & Sullivan, World LCD Manufacturing Equipment Markets, reveals that this market earned revenues of $1.50 billion in 2006 and estimates this to reach $2.30 billion in 2013
Increasing Popularity of LCD TVs Boosts LCD Manufacturing Equipment Markets

 

PRZOOM - /newswire/ - Palo Alto, CA, United States, 2007/07/12 - New analysis from Frost & Sullivan, World LCD Manufacturing Equipment Markets, reveals that this market earned revenues of $1.50 billion in 2006 and estimates this to reach $2.30 billion in 2013.

   
 
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The improved high-definition viewing experience and greater viewing area provided by LCD televisions increases demand and subsequently drives the growth of the LCD manufacturing equipment market. Additionally, decreased panel prices have made LCD TVs more affordable and this will likely lead to phenomenal growth in the LCD TV market.

New analysis from Frost & Sullivan (smt.frost.com), World LCD Manufacturing Equipment Markets, reveals that this market earned revenues of $1.50 billion in 2006 and estimates this to reach $2.30 billion in 2013.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the of World LCD Manufacturing Equipment Markets, then send an e-mail to Sara Villarruel - Corporate Communications at sara.villarruel[.]frost.com with the following information: your full name, company name, title, telephone number, email address, city, state, and country. We will send you the information via email upon receipt of the above information.

“The increasing preference for a larger viewing area drives the need for LCD equipment capable of handling larger glass substrates,” says Frost & Sullivan Research Analyst Deepa Mathew. “The impact of this driver is expected to remain high in the short and long terms as LCD TVs make greater headway into markets traditionally dominated by CRTs.”

To meet the demand for flat panels in various applications, assemblers are ramping up production by increasing the capacities of existing facilities and investing in new generation fabrication facilities. The year 2006 saw increased adoption of Generation 6 equipment as well as the establishment of Generation 7 fabrication facilities.

Despite the increase in panel sizes, the sales of older generation equipment will not come to a standstill as desktop monitors, cell phones and other electronics utilize smaller display sizes. Countries such as China will continue to see investment in older generation equipment as they manufacture large volumes of small-sized displays.

New fabrication facilities and the installation of next-generation equipment, entail considerable costs. Given these costs, LCD panel manufacturers are understandably cautious about committing to such a massive investment.

Furthermore, the market’s fierce competition leads to extreme price pressures, further compounded by the fall in glass substrates’ prices. Therefore, in order for equipment vendors to maintain profitability, they must manage cost structures and find new ways to control costs.

“Cost structures can be effectively managed by adopting improved process flow across the assembly floor and designing machines with greater productivity and throughput,” says Mathew. “Associating and forming strategic partnerships with other market participants and customers that can complement their product line or help penetrate newer markets could also help in lowering risks.”

World LCD Manufacturing Equipment Markets, is part of the Surface Mount Technology Growth Partnership Service, and provides an overview of the world LCD manufacturing equipment markets, focusing on array equipment with particular emphasis on CVD, sputtering and exposure equipment. The study also provides detailed revenue forecasts for these various equipment markets along with a complete analysis of key market drivers, restraints, and industry challenges. Interviews with the press are available.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective, and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
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Increasing Popularity of LCD TVs Boosts LCD Manufacturing Equipment Markets

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