Report: HD Product Shipments to Triple by 201231 Mar, 2009 By: Billy Gil
Global shipments of high-definition consumer electronics products, from HD set-top boxes and Blu-ray Disc players to high-def camcorders and next-generation video-game consoles, are projected to triple by 2012 over 2008’s HD shipments, according to iSuppli Corp.
HD-capable equipment shipments are expected to rise to 202 million units by 2012, up from 68.9 million in 2008. Projections list 52.9% of set-top boxes, camcorders, DVD players and video game consoles shipped to be HD-capable, up from 21.6% in 2008.
“For the last 20 years, HD video has been the holy grail for consumer electronics OEMs (original equipment manufacturers), as well as for avid home theater fans around the world,” said Randy Lawson, senior analyst for DTV and display electronics at iSuppli. “The high-tech industry’s efforts to provide HD service to every home now are finally coming to fruition. This has resulted in an explosion of shipments of consumer-electronics devices that support HD video, from new Blu-ray DVD players to ultra-thin LCD HD Televisions (HDTVs) — and even some portable media players.”