CNET: Flat-panel revenue growth forecast as anemic

CNET:

Revenue from sales of flat-panel displays is expected to rise just 1 percent annually from 2008 to 2016, a new report predicts.
That forecast contrasts sharply with the annual growth rate of 20 percent over the past eight years, according to the report released Friday by market researcher NPD’s DisplaySearch.
This year’s revenue will dive 20 percent over 2008 due to the sluggish economy. Revenue is expected to see a revival in 2010, rising 13 percent over this year.
The overall flat-panel market is expected to grow from $82.6 billion in 2009 to $111.5 billion in 2016, DisplaySearch predicts.
LCD TVs, which make up the largest chunk of the flat-panel market, are expected to see almost no revenue growth through 2016, reaching $37.1 billion in sales that year.

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