Camcorders, DVD-Video Player Unit Sales Surpass $2 Million In 2000

TV/VCR Combo Sales Continue To Grow, Projection TV Sales Up 26 Percent Over 1999

23-Jun-00

According to figures released by eBrain Market Research, a service of the Consumer Electronics Association (CEA), unit sales of video products were up 8 percent in May with a total of 4.6 million units, bringing the year-to-date up 15 percent to 22.9 million units. All categories experienced growth this month, with the exception of analog direct-view TVs. Although this category slipped 15 percent in May, it still stands 6 percent higher in 2000 - with 8.3 million units sold to date - than in 1999.TV/VCR combination unit sales grew 30 percent in May, bringing year-to-date sales up 22 percent over the first five months of 1999. Analog projection television sales notched up 6 percent over last May, and, in year-to-date sales, stand an overwhelming 26 percent ahead of last year. Year-to-date camcorder sales passed the 2 million unit mark in May, up 14 percent over this time last year.DVD-Video player sales soared in the final week of May, putting year-to-date sales just over the 2 million unit mark, more than double the unit sales this time last year. VCRs jumped an impressive 19 percent in May with 1.8 million units sold. In year-to-date terms, this category stands 10 percent higher than 1999, with 8.2 million units sold so far this year. ""So far, so good. The industry is seeing no ill effects from the turbulent stock market. Income growth has remained solid and consumers are confident,"" remarked Todd Thibodeaux, CEA's Vice President of Market Research.The Consumer Electronics Association (CEA), a sector of the Electronic Industries Alliance (EIA), represents more than 600 U.S. companies involved in the development, manufacturing and distribution of audio, video, mobile electronics, communications, information technology, multimedia and accessory products, as well as related services, that are sold through consumer channels. Combined, these companies account for more than $60 billion in annual sales.CEA also sponsors and manages the International CES - Your Source for Workstyle and Lifestyle Technology. All profits from CES are reinvested into industry services, including technical training and education, industry promotion, engineering standards development, market research and legislative advocacy.