You've probably seen a handful of big screen LED-backlit LCD televisions the last time you strolled through the TV section in your local electronics store, and in 2010, you'll be seeing a lot more of them, says iSupply.
More specifically, the market research firm says global LED-backlit TV shipments for 40-inch and larger models will jump nearly 8x in 2010 to 18.8 million units, up from 2.5 million units in 2009. iSupply attributes the nearly eight-fold increase to consumer demand, a push for green technologies, and a willingness by various parts of the TV supply chain to oblige on both of these accounts.
"Panel makers have been investing heavily in LED chip makers or have been developing their own internal technologies in order to take advantage of what they believe LED-backlit TVs bring to the table: differentiation, innovation, low power consumption, and of course the potential to reap the benefits of higher revenues," said Riddhi Patel, principal analyst for TV systems at iSupply.
Looking beyond next year, iSupply says LED-backlit LCD TVs in the 40-inch or larger category will explode to 112.1 million units in 2013, by then claiming 83.2 percent of the market. By comparison, large screen LED-backlit LCD TVs claim just 6 percent of the market currently.