Single-Digit Gains For Autosound In 2001
By Amy Gilroy -- TWICE, 1/29/2001
ARLINGTON, VA. -Autosound sales continued to rise in 2000, with the aftermarket growing by 5 percent on the heels of 11 percent growth in 1999, according to annual statistics from the Consumer Electronics Association annual statistics.
Total aftermarket sales in 2000 were estimated at a factory value of $2.18 billion compared with $2.07 billion in 1999. Sales are expected to grow by only 1.6 percent in 2001, reaching a factory value of $2.21 billion, according to CEA forecasts.
The OEM autosound market continued to experience slim but steady growth at 3.4 percent in 2000, compared with 2.8 percent in 1999, achieving estimated sales of $2.7 billion in 2000, up from $2.61 billion in 1999. The OEM market is expected to grow 2.8 percent this year to $2.78 billion, said CEA.
Charting the strongest gains in car audio for all categories tracked by the association is car security, which rose 6.3 percent to sales of $218 million last year. The market rebounded as predicted from a 3 percent decline in 1999 and is expected to grow further in 2001, by 4.1 percent to $227 million.
Radar detector sales gained 3 percent in 2000 to an estimated $170 million, up from $165 million in 1999. That category is expected to see the strongest growth in 2001, at 5.3 percent, increasing to $179 million in sales, according to CEA forecasts.
CEA 1999-2001 Mobile Electronics Sales Outlook / Units in 1,000s; $ value in millions|
1999 Actual Unit Sales |
1999 Actual Factory $ Value |
1999 Actual Average $ Price |
2000 Estimate Unit Sales |
2000 Estimate Factory $ Value |
2000 Estimate Average $ Price |
2001 Forecast Unit Sales |
2001 Forecast Factory $ Value |
2001 Forecast Average $ Price |
|
|---|---|---|---|---|---|---|---|---|---|
|
Total autosound |
-- |
4,680 |
-- |
-- |
4,875 |
-- |
-- |
4,985 |
-- |
|
Aftermarket |
-- |
2,070 |
-- |
-- |
2,175 |
-- |
-- |
2,210 |
-- |
|
Original equipment |
-- |
2,610 |
-- |
-- |
2,700 |
-- |
-- |
2,775 |
-- |
|
Aftermarket car security |
-- |
205 |
-- |
-- |
218 |
-- |
-- |
227 |
-- |
|
Radar detectors |
-- |
165 |
-- |
-- |
170 |
-- |
-- |
179 |
-- |
Source: CEAcTWICE 2001
No related content found.
Featured Company
-
Brightpoint
BrightPoint is a global leader in mobile device lifecycle services. We provide a full suite of end-to-end supply chain and customization solutions to manufacturers, retailers and carriers in the mobile device industry. In a world that is increasingly connected with ever-evolving ..more
VIEW ALL GALLERIES