Home Audio System Shipments Boost Overall Sales In January
By Joseph Palenchar -- TWICE, 4/16/2001
ARLINGTON, VA. — Surging sales of home audio systems came together with strong portable audio growth to boost January's factory-level audio sales by 3 percent to $503 million, Consumer Electronics Association (CEA) statistics show.
Sales fell for the fourth consecutive month in each of the industry's two other segments — home audio component and aftermarket autosound.
Despite the month's gain, total January sales were still off their 1995 peak of $580 million.
Home system sales (including shelf, rack and home-theater-in-a-box systems) surged 28.4 percent to a January record of $140 million. Home-theater-in-a-box sales accounted for $50 million.
Driven in part by headphone CD player sales, portable audio sales (including home radios) grew 7 percent to a four-year January high of $133 million, reversing declines in each of the two previous months. Headphone CD sales surged 53 percent to $48 million.
The study also showed that CD-R audio-based hardware (in the audio separates category) is growing, with four times the dollar volume of January 2000, putting total home CD sales up 4 percent at $24 million, CEA reported.
Autosound sales slipped 8.4 percent to $126 million, while home component sales fell 11.4 percent to $104 million. In the preceding three months, component sales fell twice at double-digit rates.
January 2001 Factory-Level Audio Sales/$ in millions| 2001 | 2000 | Change | |
| Portable audio* | $133.2 | $124.5 | 7.0% |
| Separate components** | $103.9 | $117.4 | -11.4% |
| Home systems | $140.2 | $109.1 | 28.4% |
| Aftermarket autosound | $126.1 | $137.7 | -8.4% |
| Total audio | $503.4 | $488.7 | 3.0% |
| *Includes home radios. | |||
| **Comprised of electronic components and speakers. | |||
| Source: Consumer Electronics Association, Arlington, Va.© 2001 TWICE |
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