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Report: 2006 U.S. Consumer Electronics Sales to Hit Record $135.4 Billion

Authored by Mark Hefflinger on January 4, 2006 - 7:48am.
Arlington, Va. - U.S. factory sales of consumer electronics will reach a new high of $135.4 billion this year, an 8% increase over 2005's $125.9 billion total, according to projections from the Consumer Electronics Association (CEA) trade group. Sales of digital televisions, which are forecasted to reach 18 million units and $23 billion, next-generation video game consoles ($14 billion) and MP3 players ($4.5 billion) are projected to lead the record growth of the industry. The CEA expects 30% of all MP3 players sold in 2006 to have video playback capability. "MP3 technology helped boost the audio and accessories markets in 2005. With the introduction of video playback capability, MP3 player sales surged 200 percent in 2005 to $3 billion. Trends in 2006 should be no different," said CEA director of industry analysis Sean Wargo.
http://www.ce.org/Press/CurrentNews/press_release_detail.asp?id=10910
tags: Reports | U.S | Record | Electronics |



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