Press Release Summary: Bharatbook.com included a new report which provides detailed information about "Home Entertainment - Market Assessment".
Press Release Body: Bharatbook.com launches a new report on "Home Entertainment - Market Assessment"(http://www.bharatbook.com/detail.asp?id=83566)
Executive Summary:The UK home-entertainment market consists of three main sectors: television, video and DVD; audio equipment; and PCs and games consoles. The value of the total UK retail market for home-entertainment equipment was GBP7.32bn in 2007, a 7.2% increase on 2003. Sales of televisions have been boosted by the trend towards larger screens, as well as digital and high-definition (HD) sets. However, value growth has been restricted by price erosion. The value of the video and DVD systems sector declined between 2003 and 2007.
The audio-equipment sector has performed particularly well, with both the portable and non-portable segments showing sales growth between 2003 and 2007; MP3 players, in particular, have driven sales of portable audio equipment.
Total sales of PCs are growing, although this masks the fact that sales of desktop PCs are declining while those of laptops are rising. Sales of games consoles are fairly erratic, depending on new product launches, but performed well in 2007.
Value sales of home-entertainment equipment are expected to slow between 2008 and 2012. The credit crunch means that consumers will be less likely to purchase `high-ticket' items such as televisions. At the same time, sales of DVD systems, video players and desktop computers will decline, as they are superseded by more up-to-date technology.
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