Meko Press Releases

EMEA Desktop Monitor Shipments Hit Another Record High

DATE: 6^th March 2007
After a strong recovery in sales in Q3 2006, shipments of desktop monitors in the EMEA region continued to hit new highs with sales reaching a new record level in Q4 2006. According to preliminary data compiled by Meko, shipments of CRT and LCD monitors exceeded 17 million units for the period and this represents more than 6% growth in unit terms compared to the same period in 2005.

Seasonal growth was also strong with shipments up by more than 24% compared to Q3. "Whilst it is great to see that shipments have boomed in the latter part of 2006, there are some signs as we move into the early part of 2007 that channels may be over-stocked and that demand could be slowing ahead of the usual downturn in Q2", warned Pete Gamby, research director at Meko. "Some vendors appear to have reported exceptional growth, particularly in retail channels and in markets to the East of Europe so we would hope that these shipments will have sold through", he added. Amongst the best performing vendors, according to the preliminary data, is LG which shows more than 65% shipment growth from Q3.

Despite that strong performance it was another Korean vendor that stayed on top in EMEA. Samsung reported sales of more than 3 million units - a record number for any vendor for a single quarter. This gave the company year on year growth of around 2.4%.

The strong growth shown by LG helped it to move into second place for the period with sales topping 2.5 million units. Like Samsung, the company does particularly well in the central and eastern parts of Europe as well as having a strong presence in the MEA markets. In these regions the company shared nearly 50% of the market with its home country rival.

Acer moved into third place in the market with sales of over 2 million units and was followed by rivals HP and Dell. These two were separated by only fractions of a percent in terms of market share.

The top five vendors accounted for over 60% of shipments in Q4 leaving the rest of the suppliers in the market scrapping to secure more than a 5% share by volume.

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For more information ot graphics, please contact Pete Gamby on +44 (0)1276 22677 or by email at peteg@meko.co.uk.

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