LCD monitor shipments are expected to reach 135 million units in 2014, according to market observers. The number represents an on-year decline, down from 140 million in 2013.
TPV is expected to hold a 37.4% share in 2014 followed by Samsung Electronics at 12%. Qisda is expected to fall to around 11%, slightly surpassing LG Electronics' 10.7% share.
LCD monitor shipments reached 31.8 million in the first quarter of 2014, with TPV accounting for 11.9 million. The company's revenues from the shipments made up nearly 50% of its overall revenues during the period.
Monitor vendors aim to release more high-end and larger-size units in 2014 in order to make up shipment declines, with 24- and 27-inch sizes expected to be the mainstream.
The vendors are also aiming towards more niche segments, including medical, commercial, and gaming.
Additionally, sources at TPV said it plans to increase its amount of Android-based and smart monitors and focus more on value-added niche products.
Digitimes Research meanwhile added that the LCD monitor market is expected to continue declining throughout 2015 and by 2016 will be less than 130 million units.
