Petteri Pyyny
17 Dec 2002 11:19
According to a research concluded by In-Stat/MDR, the DVD player shipments grew by 61 percent in 2002 compared to the numbers in 2001. The growth was fuelled partly by super-cheap Chinese players and partly by increasing sales of DVD recorders.
According to numbers, the U.S. will remain the biggest market for DVD players until 2006 when China surpasses it and becomes the biggest single market in the world for DVDs. The growth rate in the European Union will surpass the rate in the U.S. through 2005.
Study also predicts that the prices of DVD recorders will drop under $300 (£187 or €300) by end of the year 2003. The sales growth of DVD players will stop in 2006 when all of the growth in the market is provided by the DVD recorders.
Source: InStat