Abstract
SYNOPSIS
This report addresses the growing need and market for mid-level and high-level
universal remote controllers. The report includes 2008 forecasts, market
drivers, the consumer purchase process for URCs, key decision factors,
consumer adoption, demographic and brand data on owners and intenders from
consumer and distribution surveys. It also addresses changing distribution
structures and marketing efforts including installing dealer brand and remote
preferences, and profiles of selected companies leading or innovating in this
category.
“U.S. households are spending more on their entertainment equipment as
well as on content options than in the past,” said Tricia Parks,
CEO of Parks Associates. “So, spending some hundreds of dollars on a URC
that allows easier use and management of their home theater systems makes more
sense to them than in the past. There is a middle market for advanced
universal remotes now emerging that will continue to see growth for at least
the next 5-7 years.”
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