I started as an audio designer at Audionics in 1973, so I’ve seen a few ups and downs in the audio industry. Don’s been doing his thing in Canada since the early Eighties, so between the two of us, we’ve seen what’s been happening in the North American market for quite a while. Players come and go, fads come and go, as well as turnover in big-name reviewers and gradual shifts in consumer tastes.
Will the high-end itself survive, given the aging demographics? Good question. Headphones, and the specialized amps that serve them, are a growth area, since they have a compact footprint and can live on a computer desk as a peripheral. Late-night headphone listening is also well suited to young families living in urban apartments.
Big-rig systems that take up a whole room? That seems to be a declining market, unless the system is domestically acceptable within normal living room decor ... the traditional "stereo system" we saw in the Sixties and Seventies. Swap in a digital streamer for the classic FM Stereo Receiver of the Sixties and Seventies, and it looks pretty much the same.
One thing Don and I find gratifying are a new breed of medium-to-high-efficiency speakers that work well with 25-watt amplifiers. This is a sweet spot in the market that’s been ignored a long time ... moderate power amplifiers that are optimized for listening pleasure, not bombast, and speakers that have low distortion and effortless dynamic range. More, please.