Flat panel television market shows first ever decline

By Tim Conneally | Published February 19, 2009, 11:52 AM

Echoing iSuppli's research data published last month, NPD market analysis subdivison DisplaySearch released its quarterly report on the flat panel television market, showing its first ever decline in revenue.

With discretionary spending seriously stilted, an overall drop in retail price of TVs did not have quite a stimulative effect, and revenue for the entire TV market dropped by 3%.

However, it appears that even though fewer consumers were buying new flat screen TVs, those who did went for bigger and better. Demand for screen sizes over 40 inches actually hit an all-time high with 23% growth, and LCD TVs with refresh rates of 120 Hz and up hit a 10% market share.

This growth can be traced back to a single manufacturer, who by no coincidence is also the number one TV brand in terms of sales: Samsung. In North America, the world's largest TV market in terms of revenue, Samsung's products in the over 40-inch and 100/120Hz category are some of the most competitively priced. This also happens to be the profile of the most commonly sold TV in 2008.

According to DisplaySearch, the worldwide TV market is led by Samsung, then Sony, LG, Panasonic, and Sharp. LCD screens lead the market with a 58% share, followed by CRT which snagged 34% (but dropped 30% year over year), and then plasma (PDP) with 7.7%.

OLED, being the newest and still most expensive TV technology, did not secure a tangible share of the market, and actually suffered a 58% drop in growth year over year.

Comments

View comments by with a score of at least

No surprises here.

The majority of people who want an LCD TV will have one, and after that, expect sales to drop sharply.

This is a normal product lifecycle driven in large measure by the forced march to digital.

Score: 0

|

what a surprise.. credit cards are maxed and home lines of credits are being reduced.. no more can people just buy buy buy...

Score: 0

|

Google Buzz: Another attempt to harness the content firehose

Similar to how Google successfully remolded RSS into a Google tool, the company now wants to remold Gmail into one big Google party

Success: Google's Nexus One shipping support line takes tech support questions

UPDATED Though the support line had been set up for shipping, it now appears Google personnel are happy to hear technical concerns.

Goodnight, moon: What I learned from a space shuttle

Carmi Levy | Wide Angle Zoom: Can the tech sector learn a few lessons from the space program? Certainly, if you believe in learning from someone else's mistakes.

Netflix to FCC: NBCU + Comcast could bypass net neutrality

Weaning itself from the post office as its main means of video transfer, Netflix would like someone to ensure the Internet remains just as unencumbered.

Rhapsody to become an independent company

RealNetworks and Viacom subsidiary MTV Networks have begun the process of spinning off music service Rhapsody into an independent company.

Nvidia debuts new dynamically-switched graphics card technology

Today, Nvidia announced that its Optimus technology for GPU switching will soon be available in a handful of Asus notebooks.

Google lowers 'unusually high' early termination fee on Nexus One

Google has lowered the Nexus One's early termination fees which were twice as high as the norm.

Netgear and Ericsson introduce a mobile broadband hotspot with a twist

It's a mobile broadband hotspot, but it's for use in the home.

Report: Streaming video drove 72% global increase in mobile data consumption

A new study says streaming video is "the single most influential factor driving the need for increased mobile network capacity."

Stymied by continuing Nexus One 3G issues, Google blames the environment

If you're still afflicted with the 3G flip-flop trouble, then you might consider moving. That appears to be the only suggestion Google can give for now.

Wolfram|Alpha makes a strong argument for virtual keyboards

"Answer engine" Wolfram|Alpha has updated its iPhone/iPod Touch app, harnessing the strength of the virtual keyboard.