Consumer electronics installation was a $7.3 bln industry in 2005
Installing dealers had total sales of $7.3 bln to residential customers in 2005, an 18% increase over 2004’s $6.2 bln. Audio systems were the single largest product category is 2005, generating more than $2.1 bln in residential sales, with Russound and Denon as the top brands for audio components and SpeakerCraft as the most popular brand of speakers. 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, Parks Associates reports.