Total audio revenues of manufacturer-to-dealer sales grew by six percent in 2000, reaching $8.6 billion, according to the Consumer Electronics Association. Portable audio, separate components, systems and aftermarket autosound all showed gains over 1999 numbers.
Portable audio rose 11 percent to nearly $2.7 billion for the year.
Portable CD products, comprising almost two-thirds of portable audio-the largest sector, increased 13 percent for the year. During 2000, portable compressed audio file devices (MP3 type players) sold 587,000 units, totaling $107 million.
Aftermarket autosound gained one percent to $2.2 billion. In dash CD players alone gained 12 percent, topping $1 billion in 2000.
“2000 was a solid year for audio sales,” said CEA President/CEO Gary Shapiro. “With the continued interest of consumers’ in new surround sound formats, DVD-Audio and other digital products that complete the audio experience, we can expect 2001 to be another successful year for audio sales.”
Audio Sales Grew in 2000
Audio Sales Grew in 2000
