Global TV Shipments: Worst Decline In Five Years

Shipments of TV sets posted their largest annual decline in five years.

A report from business researcher IHS says there was an 8% drop in year-to-year TV shipments in the second quarter, to 48 million TV sets -- the largest year-over-year decline since the second quarter of 2009 during the throes of a global recession.

The decrease can be attributed to the decline in LCD TVs -- which now account for 99% of all TV shipments -- and, IHS says, to an economic global slowdown.

These results are in contrast to 2014, when TV shipments rose 3% worldwide.

Emerging countries are a big part of the decline -- down around 17% in the second quarter. This follows a nearly 10% drop in the first quarter of this year. 



China is also contributing. After a big rise in shipments in the first quarter -- up 20% -- it has dropped down to just a 5% gain in the second quarter of this year.

In addition, for two straight quarters, developed countries have slumped in TV shipments -- down around 3% in the second quarter, following a 7% drop in the first quarter.

One bright spot: 4KTV shipments are up nearly 200%, increasing to 6.2 million in the second quarter.

1 comment about "Global TV Shipments: Worst Decline In Five Years".
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  1. Ed Papazian from Media Dynamics Inc, September 15, 2015 at 1:33 p.m.

    Could this mean the end of TV as we know it??? Or, maybe they are making better sets than before and they last longer? Or is it the fault of the bad economy?

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