Sales of LCD (liquid crystal display) monitors will top $US20 billion in 2003, overtaking revenue from sales of conventional CRT (cathode ray tube) monitors this year, according to research released by IDC.
The worldwide PC monitor market will grow by 4.8 per cent this year, driven by improving economies and an expected spike in PC sales growth. Last year, sales growth for monitors was just 0.7 per cent, IDC said.
LCD monitors are steadily getting larger as improved manufacturing technology helps achieve lower prices. The predominant LCD size now is the 15-inch screen, but by 2005 the market will shift to 17-inch screens.
As prices for LCD monitors continued to fall, and CRT manufacturers failed to explain the advantages of their products to end users, the shift to LCDs would continue, IDC said.
Experts have stated that the human eye needs to see 25 frames per second to be tricked into thinking that motion is continuous. LCD monitors have often failed to meet this specification, making them less attractive for showing fast-moving graphics such as those found in games.
The new Diamond View DV159 LCD monitor from Mitsubishi Electric has improved pixel response time and can show over 60 frames per second, according to the manufacturer.
As prices drop, manufacturers would increasingly offer LCDs bundled with PCs and the standalone LCD monitor market would begin to shrink, IDC said. The U.S. remained the world's largest monitor market, accounting for 34.4 percent of monitors sold, followed by Asia with 24.6 per cent of shipments.