Noida, India (PressExposure) September 16, 2009 -- Worldwide shipments of High-Definition Set-Top Boxes (HD STBs), DVD players, camcorders, and video-game consoles are likely to double during 2009-2012, as HD is rapidly increasing its presence in the market. Shipments of HD-capable equipment will grow at a CAGR of over 27% during the forecast period (2009-2012), says our new report, âConsumer Electronics Market Forecast to 2012â.
Our research has found out that the extending list of HD content suppliers, alongwith the rapidly growing adoption rates observed for HD TVs and STBs, clearly signifies that the transmission and delivery of HD video are motivating the consumer adoption of the latest technology.
The global shipments for HD-STBs will grow at a CAGR of over 23% during 2009 and 2012, projects the report. In future, Asia-Pacific will become the dominant territory, accounting for nearly 50% of the global demand, as the demand from the developing countries of the region increases, especially in India and China.
According to the team of experts at RNCOS, worldwide HD camcorder shipments will increase at a CAGR of over 10% during the forecast period. HD camcorders will continue to drive the market as more programmes will be broadcast in HD. As a result, the demand for full-HD camcorders for use as backup will go up, allowing HD to fuel market growth in the coming times.
Besides this, the worldwide HD DVD Players/Recorders shipments will increase at a CAGR of over 54% during 2009-2012. Future demand for DVD players, which are essentially commoditized products, is expected to stem largely from developing markets in the Asia-Pacific region, where household penetration of DVD continues to be small. Moreover, Japan, US and Western Europe will fuel growth in the DVD recordersâ markets, while Eastern Europe is expected to drive opportunities in the DVD playersâ market.
Our report also provides deep insight of the past and future information on various regions of the world, including major countries like the US, UK, Germany, India, China, Taiwan and Japan. The report also gives latest information on market segmented by products and components like LCD, DVR, DVD, IPTV, smart phones, HDD, PC notebook, etc. The forces that are fuelling the growth in various segments have also been discussed in detail. In all, the report is a comprehensive study of the global consumer electronics market.
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