DisplaySearch of the US has announced LCD monitor shipments in the Chinese market increased 105% compared to the preceding year to 18.7 million units in 2006 (press release).
In 2006, desktop monitor shipments grew 33% compared to 2005 to 27.6 million units and LCD monitors accounted for 68% of them. The 68% is 24 points higher than that marked for 2005. DisplaySearch analyzed the LCD monitor market was driven by the product's strong points such as wide screen and quick response as well as the sustainable price degradation and the competition between brands. In 2007, of 33 million desktop monitors expected for shipments in China, LCD monitors are predicted to constitute 27.2 million units. DisplaySearch forecasted LCD monitors will further expand to 93% of total desktop monitor shipments in 2010.
By manufacturer, Lenovo of China won the largest share of 21.1% in 2006 LCD monitor shipments in China. Samsung Electronics of Korea came next with an 11.5% share, followed by Dell's 7.9%. Of these three leading manufacturers, only Lenovo saw its share expand compared to 2005, rising by 3.1 points from the previous year's 18%. Samsung and Dell saw their shares drop by 0.6 and 2.8 points, respectively.
By size, 17-inch models were most popular in the LCD monitor market and constituted over a half 56% of total shipments. On the other hand, shipments of 19-inch wide monitors sharply rose in 2006. The 19-inch wide LCD monitor market, which had not been established in 2005, made up 14% of the overall LCD monitor market by shipping 2.7 million units in 2006. The 2.7 million-unit shipments outperformed 19-inch LCD monitor shipments of 2.5 million units. DisplaySearch considered Lenovo won the largest share in the LCD monitor market in 2006 by expanding its share with these 19-inch wide monitors, among other factors. DisplaySearch estimated wide monitors to grow to 46% of overall LCD monitors, from the 16% in 2006. Despite weakening demand for 15- and 17-inch monitors, demand is strengthening for 19-inch wide, 20-inch wide and 22-inch wide monitors, according to the report.