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Friday, January 3, 2003
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In-Stat: DVD recorder shipments to grow 32-fold by 2006
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Thanks to falling prices, DVD recorders shipments will reach 32 million units in 2006, up nearly 32 times from an estimated one million units this year, according to In-Stat/MDR. As more manufacturers produce DVD recorders, pricing will drop to under US$400 or even US$300 by the end of 2003. At less than US$300, more consumers will purchase DVD recorders instead of DVD players, the market research firm said.
About 53 million DVD players will be shipped this year, up 61% from previous year. It is estimated that the DVD player market will hit 84 million units in 2006.
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