Custom Home Electronics Industry Shows No Signs Of Recession

Top 50 Companies Earned Over $246 Million In Fiscal Year 2000 Revenue

18-May-01

According to CE Pro magazine, revenues for the largest 50 firms in the residential systems integration field have grown an incredible 68 percent in the past two years. These critical figures, which were released as part of CE Pro's fourth annual Top 50 list of residential systems integrators in its May 2001 issue, are indicative of the prosperity of this burgeoning industry. The statistics show: - Top 50 companies boast a combined gross revenue of $246 million in fiscal year 2000- Top 50 Firms have grown 68 percent in the past two years- Average company earned $4.6 million in fiscal year 2000- Average residential electronics installation topped $11,000 There are several factors for the sharp increase in these figures, according to CE Pro Editor Jason Knott. ""Our in-depth research affirms the public's interest in professionally installed home electronics is sharply on the rise. Integrators have seen a sizeable upswing in the demand for the latest home audio & video products, security systems and home offices. These companies have flourished in the past few years because this market is virtually untapped,"" Knott observes.Residential systems integration contractors are those who specialize in the installation of several of the following products: audio, video, HVAC, lighting controls, security systems, video, PC networks, telecommunications systems and structured wiring services. Among those who made this prestigious list are Definitive Audio, Audio Command Systems and Audio Video Systems, who comprised the top three respectively. The CE Pro Top 50 survey data confirms the industry's projected growth pattern as predicted by Parks Associates, a Dallas-based market research firm specializing in emerging home technology. In a recent study, Parks projects the residential gateway market will more than triple by 2005, citing the increased demand for broadband Internet and high-definition entertainment services as key to the industry's continued expansion. The study also details important revenue and management data for these firms as well as potential challenges facing the industry.CE Pro, a publication of EH Publishing, provides home systems integrators with essential information on new products and technology, installation techniques, industry trends, and business practices. The complete Top 50 list will be released in the May 2001 issue of CE Pro, which is available by subscription only. About CE ProProduced by EH Publishing, CE Pro is the only trade publication that covers installed home electronics in its entirety, including distributed audio, home theater, telephones, security alarms, surveillance and fire detection, CCTV, lighting control, and whole-house automation/networking for both luxury and mainstream markets. The first dedicated trade publication in the field, CE Pro annually publishes more editorial and advertising pages on residential systems than all of its competitors combined and boasts the largest circulation of any residential systems trade publication.About EH Publishing, Inc.EH Publishing, Inc., the information leader for the integrated home electronics industry, reaches over a quarter of a million connected home professionals and consumers worldwide through its various publications and events. EH Publishing is the industry's source for cutting-edge technology news, delivering only the highest quality editorial content and consumer information through its targeted publications: Electronic House, CE Pro, Popular Home Automation, TecHome Builder and Home Networking News. EH Publishing also serves the industry with the Electronic House Expo - the only trade event that unites home automation and networking professionals with the industry's top manufacturers. EH Publishing's information portal can be accessed at www.electronichouse.com.

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