According to a report released this week by market research firm iSuppli, HDTVs are now the leading television product on the market in terms of global shipments, outstripping SD sets this year for the first time. Based on the firm’s data, HDTV shipments, which were at 97.1 million in 2007, could reach as high as 241.2 million units annually by 2012, managing a compound annual growth rate of 20 percent.

"The technology is everywhere these days – on broadcast television, on cable, on satellite, and on the internet," says Sheri Greenspan, senior analyst for consumer electronics at iSuppli Corp.

On the flipside, non-HDTV shipments are slowing almost as fast as high-def is growing, with SD shipments expected to decline to 23.1 million units by 2012, down from 114.8 million units last year.

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