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ARCHIVE 2006
| 2005
| 2004
| 2003 |
2002 |
2001 |
2000 |
1999 |
1998
Residential Sales through Home Systems
Integrators/Installers Grew 18% in 2005
Sales of multiroom audio and home theater systems surpass dealer
expectations
Installing dealers had total sales of $7.3 billion to residential
customers in 2005, an 18% increase over 2004’s $6.2 billion, according to
Parks Associates’
1Q06
Installing Dealer Survey.
Consumer demand for multiroom audio, home theater, and associated
control systems was largely responsible for the strong growth in the
dealer channel. Audio systems were the single largest product category is
2005, generating more than $2.1 billion in residential sales, with
Russound and Denon as the top brands for audio components and SpeakerCraft
as the most popular brand of speakers.
“Multiroom audio exceeded our estimates by nearly 9%, and home theater
sales beat expectations by about 8%,” said
Bill Ablondi,
director of home systems research at Parks Associates. “There are several
factors driving this demand. More affordable systems are broadening the
market to include more midrange homes, more builders are aggressively
marketing entertainment amenities, and, most importantly, more home buyers
want to incorporate entertainment systems into the infrastructure of their
home.”
Installing dealers are also optimistic about the potential for growth
in 2006, according to
1Q06
Installing Dealer Survey. Nearly 40% of dealers expect to see
their businesses grow by more than 20% in 2006, and 30% project growth of
11-20%. Only 4% expect to see a decline in business in 2006.
“The installing dealer channel is expanding, both in numbers of
integrators/installers and in the sales each firm generates annually,”
Ablondi said.
“We’re seeing the evolution from a custom-only channel to one which is
beginning to embrace pre-packaged systems in an effort to expand its reach
in the market.”
The
1Q06
Installing Dealer Survey is part of Parks Associates’
Installing
Dealer ePanel Program, which collects regular feedback from
electronic systems integrators, designers, and installing dealers across
the U.S. Surveys are conducted online, and each client assists in
developing the questionnaire. The ePanel program is an affordable,
efficient, and accurate way to increase understanding of the installing
dealer channel.
For additional information on the
1Q06
Installing Dealer Survey or Parks Associates’
Installing
Dealer ePanel Program, visit
http://www.parksassociates.com
or contact 972-490-1113 or
sales@parksassociates.com.
About Parks Associates: Parks Associates is an
internationally recognized market research and consulting company specializing
in emerging consumer technology products and services. Founded in 1986, Parks
Associates creates research capital for companies ranging from Fortune 500 to
small start-ups through market reports, primary studies, consumer research,
custom research, workshops, executive conferences, and annual service
subscriptions.
The company's expertise includes new media, digital
entertainment and gaming, home networks, Internet and television services,
digital health, mobile applications and services, consumer electronics, and home
control systems and security.
Each year, Parks Associates hosts executive thought
leadership conferences CONNECTIONS™, in
partnership with the Consumer Electronics Association (CEA®), and CONNECTIONS™ Europe. In addition, Parks
Associates produces the online publication Industry Insights in
conjunction with the CONNECTIONS™ Conference series.
http://www.parksassociates.com |
http://www.connectionsconference.com |
http://www.connectionseurope.com
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http://www.connectionsindustryinsights.com
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