HDTV sales up 52% in Q1-Q3 2006

HDTV sales have increased 52% in unit volume and 39% in dollar volume from January through September of 2006 compared to the same time period in 2005. Sales of HDTVs during the 2005 holiday season (November and December) topped $2.2 bln with over 1.4 mln units sold and are expected to continue to grow 2006. The average price of an HDTV set is down more than 8% year-to-date (January through September) compared to the same time 2005. Prices for LCD and plasma TVs dropped significantly from the 2004 holiday season to the 2005 holiday season with 35% and 41% declines, respectively.

HDTV holiday sales
  2005 vs. 2004 Average price
TV Type Units Dollars 2004 2005
HD Direct View -2% -22% $1,875 $1,560
HD LCD 390% 217% $1,755 $1,133
HD Plasma 382% 182% $5,101 $2,991
HD Projection -15% -20% $2,130 $2,019
Source: NPD Group