GfK: In 2007 the overall market for Hifi separates fell by just 2% in value compared to 2006. This represents a significant slowing in the decline of the market which fell by 8% in 2006 vs. 2005. Total expenditure equated to €265 million in 2007 according to GfK.
Loudspeakers are the largest contributor to that value and represent just over half of the total value sales. Some of the smaller markets have seen declines, such as the Static CD Player and Tuner sectors, but aside from a renaissance in the Turntables sector (value growth of 13% in 2007), it is the core of Amplifiers and Receivers which have been performing well.
Those product sectors have increased by 4% and 7% respectively in value over the last year which is an increase from €42,5 million to €44 million for Amplifiers and €37 million to €40 million for Receivers.
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