Originally Posted by Worf
Well, it depends on what numbers you want.
Unit sales figures are higher, since 20 years ago, a home theatre would cost you $10k on just the audio part alone, now you can get a half decent complete kit for $500 or so.
According to what? While I don't have very recent numbers, everything I've read points to a much smaller A/V industry, both units and dollars.
According to the CEA, the peak year for components (receivers, tuners, amps, preamps, processors, sound bars without players, speakers and A/V electronics) was 1990 with $1.93 billion in sales. By 1983 that dropped to $981 million. In 2009 it was $1.021 billion. Back in 2009, it was estimated that 2013 would come in at $1.912 billion, but I don't know what it actually did. And including inflation, that 1990 number would be $3.5 billion in equivalent 2014 dollars.
In 2011, Home Theatre penetration was said to be 36%, but that probably included installations with only sound bars.
The real question is how many people under the age of 35 have a stereo system or real home theatre and is that number increasing or decreasing? Judging how poorly the receiver manufacturers are doing and the industry consolidation over the last 20 years, I think the answer speaks for itself. Pioneer, for example, announced in May that it intended to sell the A/V business (except for car stereos).