Panasonic World Plasma TV Leader

With growth in plasma TV sales steaming ahead and the last quarter of this year expected to be double last its a great time to be a plasma tv manufacturer and a great time being a Panasonic executive.

The report by DisplaySearch found that the plasma tv market is dominated by six brands:

Panasonic: 26%
LGE: 15.4%
Samsung 14.4%
Philips 13.3%
Hitachi 7.3%

Whilst the others accounted for 23.5% of all sales. More interestingly for us UK citizens, Philips was the top company in Europe. In total 5.9m units were sold in the world last year. But more and more people are moving over to LCD screens in the 40" - 44" range dispite the prices of plasma screens dropping by 32% on average in 2005.