Omdia: sales of QD-LCD TVs will decline 3.1% in 2022

Market research firm Omdia says that the sale of QD-enhanced LCD TVs will decline in 2022 to $17.67 billion, down 3.1% from the revenues in 2021. This is the first time since 2017 when the first such TVs were introduced, that the market will decline.

QD-LCD TV revenue estimates (2019-2022F, Omdia)

Shipments of QD-LCDs will actually increase this year, but revenues will decline because more of these TVs will be lower in price. 52% of such TVs will cost less than $1,000 this year, up from only 36.5% of the TVs in 2021.

Omdia says that sales of QD-LCDs were $10.6 billion in 2019, $13.3 billion in 2020 and $18.2 billion in 2021.

 
Posted: Feb 06,2022 by Ron Mertens