All Video Categories Up In First Half Of 2000

Camcorder Sales Grew 22 Percent, DVD Sales More Than Doubled

2-Aug-00

According to figures released by Consumer Electronics Association (CEA) Market Research, a service of CEA, unit sales of video products from manufacturers to dealers were up 16 percent in the first half of 2000, reaching 29 million units. All categories showed significant growth.After a dramatic 22 percent increase in the month of June, unit sales of analog direct view televisions are up 9 percent in the first half of 2000 with 10.7 million units. The other high volume video product-the VCR-is up 6 percent in sales with 10.1 million units shipped. TV/VCR combinations are up 22 percent for the year-to-date at 2.2 million units.Sales of projection TVs grew 26 percent to 594 thousand units in the first six months while camcorders are up 22 percent with 2.6 million units. Roughly one quarter of these are digital camcorders. DVD player shipments are at 2.7 million units at the mid-year point-that is a little more than double the amount shipped this time last year.""Continued consumer confidence, combined with exciting new technologies, are ensuring explosive growth in the video category. New television technologies like HDTV and digital video recorders, as well as digital camcorders and DVD players, are all driving consumer interest in video products,"" remarked Todd Thibodeaux, CEA's Vice President of Market Research. CEA is a sector of the Electronic Industries Alliance (EIA). CEA 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.

Read More: