LCD TV sales in Europe for 09 years will be steady growth of 17.5%

Science and Technology Institute iSuppli 17 published research report, baiou League signs of economic recovery in Europe in 2009 to give the LCD TV sales are expected to 35 million units in 2008 compared with the steady growth of 17.5% to 41 million 100 thousand units, accounting for the proportion of the total TV market will reach 79%.

ISuppli also said that Eastern Europe for the first time to buy and replacement demand warming, falling prices and technological innovation (such as the 100Hz/200Hz screen update rate and LED back light) and increase the proportion of domestic production (which makes inventory management easier), are also stimulate the LCD TV market continued growth factors.

ISuppli expects that during 2008 to 2013, the average annual sales of plasma TVs will be 16.4% annual rate of decline, while the same period in the LCD TV compound annual growth rate (CAGR) will reach up to 11.5%. ISuppli also predicted that in 2013 the European LCD TV sales will reach 60 million 300 thousand units.