3D Capable Home Entertainment Product Revenue Exceeds $55 Million in the U.S. According to NPD Group

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3D TV and 3D Blu-ray standalone player revenue in the U.S. has exceeded $55 million in the first three months since the launch of these products in February, according to leading market research company The NPD Group’s Retail Tracking Service.

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3D TV and Blu-ray players are seeing steady growth even as major product line launches are slated for the coming months. As more consumers adopt 3D, the industry can help foster a 3D ecosystem similar to that of HD.

3D TV and 3D Blu-ray standalone player revenue in the U.S. has exceeded $55 million in the first three months since the launch of these products in February, according to leading market research company The NPD Group’s Retail Tracking Service.

“3D TV and Blu-ray players are seeing steady growth even as major product line launches are slated for the coming months,” said Ross Rubin, executive director of industry analysis at NPD. As more consumers adopt 3D, the industry can help foster a 3D ecosystem similar to that of HD.”

One inhibitor to adoption of 3D TV at home is the need to wear special glasses when watching 3D TV. These glasses can add significant cost and work only with their brand of television. Only 10 percent of consumers surveyed in The NPD Group’s Analyst Poll of NPD Panelists cited “looking silly” as a main concern of the glasses, whereas 41 percent cited not having enough glasses on hand for everyone watching the set.

“3D TV will be a premium home entertainment experience in 2010,” said Rubin. “Many consumers have already shown that they are willing to use special glasses to obtain the effects, but want to preserve the social aspect of the group television viewing.”

About The NPD Group, Inc.
The NPD Group is the leading provider of reliable and comprehensive consumer and retail information for a wide range of industries. Today, more than 1,800 manufacturers, retailers, and service companies rely on NPD to help them drive critical business decisions at the global, national, and local market levels. NPD helps our clients to identify new business opportunities and guide product development, marketing, sales, merchandising, and other functions. Information is available for the following industry sectors: automotive, beauty, commercial technology, consumer technology, entertainment, fashion, food and beverage, foodservice, home, office supplies, software, sports, toys, and wireless. For more information, contact us or visit http://www.npd.com/ and http://www.npdgroupblog.com. Follow us on Twitter: @npdtech and @npdgroup.

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Sarah Bogaty
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