As HD becomes the global video standard shipments of high-definition set-top boxes (STBs), camcorders, DVD players and video-game consoles are expected to triple from 2008 to 2012, according to iSuppli.
Shipments of HD-capable equipment in these categories will rise to 202 million units by 2012, up from 68.9 million in 2008.
The researchers forecast that by 2012, 52.9 per cent of STBs, camcorders, DVD players and game consoles shipped will be HD-capable, up from 21.6 per cent in 2008.
Randy Lawson, senior analyst for DTV and display electronics at iSuppli, said that for the last 20 years, HD video has been the holy grail for consumer electronics OEMs, as well as for avid home theater fans around the world.
"The high-tech industry’s efforts to provide HD service to every home now are finally coming to fruition," he said.
"This has resulted in an explosion of shipments of consumer-electronics devices that support HD video, from new Blu-ray DVD players to ultra-thin LCD HDTVs, and even some portable media players."
This is reflected in a surge in the availability of HD content.
In some mature television markets this has reached the stage where hundreds of high-definition channels now are being offered by the entire spectrum of television service providers – from cable, to satellite, to terrestrial and to even to telecom – due to the rollout of Internet protocol television (IPTV) services.
iSuppli points to the rapidly growing list of HD content suppliers, along with the fast-rising adoption rates seen for HDTVs and STBs, as a clear indication that HD video transmission and delivery are becoming major motivators for consumer adoption of newer technology television displays and playback/recording equipment.
Added to this is the fact that the broadcast TV market is rapidly shifting to all-digital television formats, further raising the incentive for the inclusion of HD support in consumer-electronics devices.