LCD Consumer Market Grows

Good news for retailers of consumer electronics products as the market for LCD televisions is set to grow to record levels by 2012.

LCD-TV to Become Largest Consumer-Electronics Market by 2012 Defying challenging economic conditions, the global LCD-TV market is expected to continue its rapid growth during the coming years, causing it to become the largest segment of the consumer-electronics industry by 2012, according to iSuppli Corporation. "Consumers want their electronics, in good times and in bad," Greenspan told the audience at the event. "Because of this, the consumer-electronics market will continue its incremental growth over the next four years, driven by LCD-TVs, along with consumer appliances, digital Set-Top Boxes (STBs), digital still cameras and video game consoles."

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