People currently engaged in TV repair as a major source of income should benefit from the explosive growth in the plasma and liquid crystal display television (LCD TV) industry. The technologies, which are probably very near their peak, has become so inexpensive that more and more people are discarding their usually cumbersome and bulky cathode ray tube (CRT) TVs and getting their energy and space efficient flat screen counterparts.
As early as 2005 and 2006, the Plasma and LCD segment of the TV industry has been reporting double to triple digit percentage growths and has surpassed its CRT counterparts in terms of revenue. And even with the current financial crisis that stemmed from the US housing sector, higher sales are still projected for 2008 and 2009. Market research firm iSuppli sees a total worldwide shipment of 93.4 million units this year and about 112.6 million units next year. This very much indicates a very healthy demand for the technology.
What this means is that there’s a very high likelihood of surge in demand for services relating to this particular niche, particularly, the demand for Plasma and LCD TV Repair services. A skilled Television repair person experiencing a decline in profits in CRT TV repair should look at this current boom in big screen TVs as an opportunity to breath new life into his/her business. The key is getting into it while its hot.
Learning the skill should be a breeze to an experienced repair person. The LCD itself is a relatively durable device that could outlast its peripheral parts. For example, one of the most common failures of the LCD is the dimming of its back-lights. Hence, learning how to replace those is a simple yet very integral part of this money-making skill.
The good news is that you can learn all this yourself! You don’t have to go to a formal TV training school and pay ridiculously high fees for this knowledge as it is readily available right here and right now. The information needed to repair these contraptions, with full schematic diagrams, service manuals and step by step How-To’s, fortunately, is readily available to those who know where to look.