Plasma Televisions are now few more steps closer to the pathetic demise with the announcement of another major player retiring from the game! NEC, a leading plasma display manufacturer has also announced the withdrawal from Plasma Display market of late. The defacto plasma manufacturer Pioneer Corp and Vizio, another global leader in Plasma display manufacturing had announced their pulling out recently. With many of the major players deserting the waning plasma display market, the techno freaks are anxious about the future of Plasma Television. NEC Electronics is one of the leading companies in Europe that makes excellent displays with superb features and premium picture quality. The best part of NEC plasma displays were the reasonable pricing, which made it very popular.

Plasma televisions were widely accepted few years back, and offered much better performance than the LCD displays. However LCD manufacturers turned out to be more enthusiastic to debut high-end models with revolutionary technologies. In last three years, the LCD technology was changed upside down and the manufacturers are offering better displays with seamless features and ace connectivity. Moreover Plasma televisions are expected to be banned in many of the countries as a part of energy conservation. Though the new plasma displays comes with efficient energy star compliance and are less power-hungry compared to the conventional plasmas, the prevalence of plasma television among the public are keeping on reducing exponentially.

With the plasma sales and shipments slashed, and with the constant increase in the demand of LCD televisions many of the ace players are withdrawing from the plasma lines. The king plasma makers Pioneer set this trend, and many display makers are following it. NEC officials pointed out the constant decline in the plasma sales and the raising LCD demands as the reason for them quitting plasma market. With the allegations of LG withdrawing from Plasma market, Panasonic is the only brand that shared positive opinion about their existence in Plasma TV market. The display industry watchers anticipate the decline of Plasma televisions very soon with the waning popularity and constant withdrawal of display makers from the industry. They forecasted that by 2010 90% of the market will be monopolised by LCD televisions, regardless the slashed prices of plasma components. However Panasonic, Samsung and LG have announced their recent plasma line-ups, which gives a ray of hope to the plasma display market.