LCD TV's Will Top The Consumer Electronics Industry In 2012: iSuppli

According to iSuppli, the economy won't keep the LCD TV market down. In fact, the research firm is predicting that not only will OEM revenues nearly double to $110.8 billion in 2012 from 2007's $61 billion, but LCD TV's will be the largest moneymaker in the consumer electronics industry within the next four years.

If this prediction comes true, 2012 will be the first year that consumer appliances haven't topped the consumer electronics industry in dollars generated. While we all watch the global markets dive, this really sounds like a crock. But the fact is, with the digital television transition coming next February, HDTV growth is being forced and LCD TV's are generally the best-value-for-your-dollar option.

Following close on the heels of LCD TV's will be digital set-top boxes, expected to generate $25.6 billion in revenues in 2012. This one's kind of a toss-up. Should tru2way go down the tubes a la CableCARD, maybe, but I think in the next couple of years much of the typical STB functionality will be built right into HDTV's. iSuppli also theorizes that we could see convergence between Blu-ray players and STB's which wouldn't surprise me either, but I'm remaining bullish on HDTV's eventually housing most of today's external home theater functions behind the screen.

Via iSuppli

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