Global shipments of LCD monitors are expected to reach 136 million in 2014 but are expected to drop to 132 million in 2015, according to market observers. Going into 2017 the shipments are expected to drop to 128 million units as mobile devices further influence the market.

LCD monitor makers meanwhile are aiming to maintain their profits by producing larger-size, high-end units with a higher profit margin, including 27-, 28- and 32-inch units with Ultra HD resolution.

Currently, TPV is the largest producer of LCD monitors with over a 37% market share while Samsung Electronics and Qisda are maintaining steady shares of roughly 12%. The observers added that while LCD monitors are expected to be on the decline throughout 2017, global TV shipments are expected to rise 3-5% annually.