- Drones: CTA expects U.S. sales of drones weighing more than 250 grams – the minimum for FAA-mandated registration – to reach one million units in 2016, a 145 percent increase from 2015’s total. When adding drones weighing 250 grams or less to those totals, the total forecast for 2016 drone sales tops 2.8 million units (up 149 percent from 2015) and $953 million in shipment revenues (a 115 percent increase from last year).
- Virtual Reality (VR): With several notable VR headsets coming to market in 2016, CTA expects unit sales to increase by 500 percent over last year, to reach 1.2 million units sold. Total revenues are projected to reach $540 million, a 440 percent increase.
- 3D Printing: An expanding diversity of 3D printing capabilities will drive the sector’s growth in 2016. CTA expects 3D printer sales to increase 64 percent from 2015, to reach 179,000 units sold, with total revenues of $152 million, a 38 percent increase.
“We are at a time when new tech categories can come out of seemingly nowhere and lead to disruption in the blink of an eye,” said Shawn DuBravac, Ph.D., chief economist and senior director of research, CTA. “Digitization is rapidly changing the landscape of our daily lives, and consumers are clearly choosing to infuse tech in all facets of their lives. As economic fundamentals improve – a strengthened labor market, solid consumer spending, lower energy prices – the tech industry’s bottom line will continue to surpass record unit and revenue levels in 2016.”
The U.S. Consumer Technology Sales and Forecasts is published twice a year, in January and July, reporting U.S. factory sales-to-dealers. It was designed and formulated by CTA, the most comprehensive source of sales data, forecasts, consumer research and historical trends for the consumer technology industry. Please cite any information to the Consumer Technology Association (CTA)TM. The complete report is available for free to CTA member companies at members.CTA.tech – non-members may purchase the study for $2,000 in the CTA Store. For more information, visit CTA.tech/salesandforecasts.
About Consumer Technology Association:
Consumer Technology Association (CTA)TM, formerly Consumer Electronics Association (CEA)®, is the trade association representing the $287 billion U.S. consumer technology industry. More than 2,200 companies – 80 percent are small businesses and startups; others are among the world’s best known brands – enjoy the benefits of CTA membership including policy advocacy, market research, technical education, industry promotion, standards development and the fostering of business and strategic relationships. CTA also owns and produces CES® – the world’s gathering place for all who thrive on the business of consumer technology. Profits from CES are reinvested into CTA’s industry services.
UPCOMING EVENTS
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CES 2016 –
Register
January 6-9, Las Vegas, NV
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Winter Break
March 21-24, Park City, UT
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Technology & Standards Spring Forum
April 4-8, San Diego, CA
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CES on the Hill
April 19, Washington, DC
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Digital Patriots Dinner
April 20, Washington, DC
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CES Asia 2016
May 11-13, Shanghai, China
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CEO Summit
June 21-24, Tel Aviv, Israel
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Innovate!
September 20-22, San Jose, CA
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CES 2017
January 5-8, Las Vegas, NV
View source version on businesswire.com: http://www.businesswire.com/news/home/20160104006598/en/
Contact:
Consumer Technology Association
Laura Hubbard,
703-907-4326
Email Contact
www.CTA.tech
or
Danielle
Cassagnol, 703-907-5253
Email Contact
