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Consumer Electronics Stores in the US
IBISWorld, Aug 2011, Pages: 36
Plugged in: Product innovations will bring consumers back into electronics store
Consumer Electronics Stores in the US
A surge of demand
Consumer electronics stores felt the full weight of the economic downturn, as consumer confidence plummeted and customer traffic spiraled. While growth will be modest, revenue is anticipated to pick up over the next five years due to a number of positive trends. As disposable incomes revive and business sentiment picks up, consumers will demand electronics that employ the latest technologies.
Consumer electronics stores retail a broad range of appliances, electrical goods and home entertainment products, such as TVs, DVD players and stereo systems. Goods are purchased from domestic and international (in some cases) manufacturers and wholesalers. Operators then retail goods to the general public through their storefronts. New purchases dominate the market, while the replacement market represents a smaller portion of sales.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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