Register

I agree with the Privacy Policy

Twice

Studies Point To Return Of Residential-Install Growth

March 10, 2010

Twice Three-fourths of surveyed systems integrators expect their residential-install revenues to grow this year, up from only a third who said their businesses grew in 2009, according to a fourth-quarter survey by Parks Associates and the Custom Electronic Design & Installation Association.

In a separate study, Parks forecasts integrators' residential-install revenues will rise 6.6 percent in 2010 to $8.9 billion, reversing two consecutive years of declines. In 2009, revenues fell 4.6 percent, preceded by a 6.5 percent drop in 2008. The two-year drop followed 2007's single-digit percentage gain of 8.8, which followed years of double-digit gains. The industrywide estimates reflect installer-level revenues, including hardware sales and labor charges.

In releasing details of the installer survey, Parks said 54 percent of surveyed integrators reported 2009 revenue declines, with reported declines averaging 4.1 percent. Another 13 percent said their revenues remained the same in 2009, and 33 percent reported revenues increased in 2009.

From the article, "Studies Point To Return Of Residential-Install Growth" by Joseph Palenchar

Previously In The News

Rovi Mines Greater Ad Opportunities

According to a Parks Associates forecast, more than 27 million smart TVs are expected to be in U.S. homes by year's end, growing to 42.6 million, or 36 percent of U.S. homes, by the end of 2012, an...

Initial Statistics In From CEDIA's 1st Annual Market Study

Final results will go beyond these numbers when all data is collected, compiled and analyzed sometime in the fourth quarter by Parks Associates, said CEDIA market research manager Erica Shonkwiler....

‹
1
2
3
4
5
6
7
8
9