Factory-to-dealer sales of consumer electronics are projected to exceed $155 billion in 2007, or 7 percent growth, according to the semi-annual industry forecast released by the Consumer Electronics Association (CEA) Arlington, Va.
Todd Thibodeaux, CEA’s senior vice president of industry
relations, acknowledged 2006 industry growth far exceeded CEA’s conservative
forecast at the beginning of the year. “We originally forecast 8 percent
growth, but when all was said and done, we saw an impressive 13 percent growth
for the year,” Thibodeaux declared.
The CEA projects that display technologies will continue to
be the star category in the industry and account for $22 billion in revenues
“U.S. Consumer Electronics Sales and Forecasts 2002-2007”
(January 2007) is published twice per year, in January and July. The complete
report is available free to CEA member companies. Non-members may purchase the
study for $499 athttp://www.ebrain.org.
Consumer Electronics Revenue Will Surpass $155 Billion in 2007
March 1, 2007