The first quarter of 2009 saw big screen LCD sales exceed big screen plasma sales for the first time ever. This report from Quixel Research indicates that revenue for the LCD market grew by 55% quarter-to-quarter and 200% year-to-year, while plasma sales dropped 12% quarter-to-quarter and 20% year-to-year.

Volume-wise, in the 55-inch and above market sector, plasmas remained level while LCDs grew 137% quarter-to-quarter and almost 50% year-to-year. The whole large-screen display market has seen reduced revenue, going from $5.5 billion in Q4 of 2008 to $4.1 billion in Q1 of 2009, and seeing a 22% decrease in shipment. Now, LCDs make up 78% of the 44-inch and larger display market.