Custom Home Electronics Industry Shows No Signs of Recession
May 8, 2001 Revenues for the largest 50 firms in the residential systems integration field have grown in the past two years.
May 8, 2001 According to CE Pro magazine, revenues for the largest 50 firms in the residential systems integration field have grown an incredible 68% in the past two years. These critical figures are indicative of the prosperity of this burgeoning industry. The statistics show that the top 50 companies boast a combined gross revenue of $246 million in FY 2000, the top 50 firms have grown 68% in the past two years, the average company earns $4.6 million in FY 2000, and the average residential electronics installation tops $ 11,000.
CE Pro, a publication of EH Publishing, (www.electronichouse.com) provides home systems integrators with essential information on new products and technology, installation techniques, industry trends, and business practices.