This IDC study analyzes the long-term supply and OEM demand situation in the TFT-LCD market based on a demand forecast and capital expenditure trends. This document includes a forecast of revenue and average selling prices (ASPs) for the major TFT-LCD panel applications, including LCD monitors, notebook PCs, and LCD TVs.

"From 2005 to 2010, the TFT-LCD market will grow by a compound annual growth rate (CAGR) of 21%, from $45 billion in 2005 to $118 billion in 2010. Despite recent market softness, IDC expects the steady growth of the LCD panel market to continue through 2010. Revenue generated from the LCD TV segment will increase at a CAGR of 50% and exceed revenue in the notebook panel market segment in 2005 and the LCD monitor market in 2006, faster than we expected. We also expect LCD capital spending to total $124 billion over the forecast period from 2005 to 2010. - Clark Tseng, research manager, Semiconductors: LCDs