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Component Audio: Growth Despite Challenges

12/19/2011 12:01:00 AM Eastern
NEW YORK – The component-audio business has proven resilient despite lackluster economic growth and continued consolidation in the specialty- A/V retail channel, said audio marketers polled by TWICE.

They attributed growth to a variety of factors, including the need for component electronics to access content from PCs, the Cloud, and – through wired and wireless connections — from smartphones and tablets.

CEA statistics support the suppliers’ good mood. Factory-level sales of component-audio electronics rose 6.5 percent to $371.5 million for the first nine months of the year, and sales of speakers of all kinds, including custom, rose 14.3 percent to $530.8 million, CEA statistics show.

Here’s how key suppliers assessed the state of the market in 2011, and prospects for 2012, in response to emailed questions for the following “virtual” roundtable discussion.
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