Seventh Annual CE Pro 100 List Released
Framingham, MA - May 3, 2004 - CE Pro, the leading trade publication covering the installation and integration of the electronic home, has released its annual list and survey of the 100 largest multi -subsystem integration companies. Data reveals an 18 percent growth in average revenues in 2003, which increased to $3.95 million.
"Once again we are seeing a transition take place among the largest integration companies in the residential space," says Jason Knott, editor. "For the second year in a row, integrators are reporting doing more jobs than ever before, but at a lower price point. This clearly points to home technology becoming more of a staple among middle -class homebuyers. Another unique aspect of the 2003 CE Pro 100 list is the inclusion of Brink's Home Technologies for the first time. The company, through its Brink's Home Security unit, is known for providing mass -marketed, small -scale alarm systems for homes. To see that Brink's reports doing $10 million in multi -subsystem residential installations is significant."
Highlights of the report include:
* Average revenue increases 18 percent from 2002, to $3.95 million
* CE Pro 100 installers are performing smaller installations, but a greater overall quantity
* Average revenue per installation has dropped significantly since 2001, to $4,001 per job, reinforcing this trend towards smaller installations and greater penetration of the market
* The largest company reported $18.5 million in revenue
* Staffing issues continue to be major challenge of group
* Fastest -growing product segment said to be flat -panel displays
The study, which can be found in the May issue of CE Pro and at www.ce -pro.com, includes a complete listing of the 100 companies, as well as their location, revenues, revenue per installation, and many other pieces of critical data used to rate the companies. The CE Pro web site also features expanded coverage of the article.
About CE Pro
CE Pro magazine is the leading trade publication that covers the installation and integration of the electronic home in its entirety, including home networking, whole -house automation, distributed audio, home theater, lighting control, energy management, telephone systems, security, CCTV, and fire detection. The first dedicated trade publication in the electronic home field boasts the largest circulation and is the only one to be BPA audited. Visit www.ce -pro.com
EH is the information leader and resource for the electronic home industry, reaching more than a half million electronic home professionals and consumers worldwide. Founded in 1994, EH has defined, cultivated and raised awareness of the $15 billion electronic home industry through its products, which include print publications, on -line publications, trade shows, and market studies. EH Publishing is the industry's source for home technology information and market analysis, with the targeted publications: Electronic House, CE Pro, TechLiving, TecHome Builder and produces the Electronic House Expo (EHX), a semi -annual trade show and conference for electronic home professionals. EH Online is the industry's source for cutting -edge home technology news, market analysis and product information.