What do the statistics say about the age of Audiophiles and the replacement rate?


I'm unable to verify this so I'd like some guidance.  I have a family member who is an authorized dealer of some really nice product lines (ARC, Magnepan, Sonus, Bryston).   

He won't confirm or deny my hunch, but at his shop I see mostly older white, affluent men. I see very few middle age men and no men in their 20s.  I don't keep all shop hours, but I do spend about 15 hrs./wk. there.  My relative won't show me his sales demographic but I can see with my own eyes.

So my question is this:  Is there an equivalent replacement stream of new blood entering the Audiophile world or not? Do you have statistical proof? 

If the universe of Audiophiles (supposedly 20,000 in the lower 48) is indeed shrinking where does that leave the manufacturers and dealers? 

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my lady friend is about 12 years younger than me and when we got together a few years ago, she thought Bose was high end. Because of her age, her taste in music was 80s and early 90s, which is to say she had no taste at all. Well, that has improved and we have spent many hours listening to my system, and attend some shows.

So, for Christmas I set her up with a little system, some pretty nice T + A speakers and a bluesound powernode. She is really enjoying her system and it sounds really good in her space. She’s thinking about going to the southwest Audio Fest with me.

That will undoubtedly spark a case of upgraditis and I will have created a monster

@carlso63

Trains, boats and Planes…..And CARS.

The last one interests me.
Funny you should compare Hi-Fi equipment with classic cars…

l have yet to hear or indeed see a Hi-Fi with wheels

@mylogic  there's some logic behind the comparison as:

 - Classic Car enthusiasts by and large grew up when these vehicles were actually being produced and have memories and experiences with these vehicles; young people who were born after the muscle car heyday have much less interest as they simply don't have any memories or experiences with these things:

 - It was a period of time more conducive to these types of vehicles in terms of lower car prices, lower fuel prices, relaxed emissions standards, etc. Driving for pleasure / relaxation was much more of a thing than it is today, with $3 a gallon gas, etc;

- These types of cars at that time were a little more likely to be seen as something to recreate and get pleasure from, as opposed to simply utilitarian vehicles to get from point A to point B. Many younger people today simply view a car in that utilitarian aspect only - and many have no great desire to even own ANY car at all (hence the rise and popularity of services like Uber)...

 

Now, change it over to higher end audio products...

 - Audio enthusiasts by and large grew up when component audio equipment was  actually being mass produced and have memories and experiences with this type of equipment, their parents or relatives had it, or they saw it commonly in electronics stores, even department stores;

 - Audio components were most popular in a period of time when people listened to music by buying physical music media and then needing equipment to actually use the media, vs. streaming and apps like Pandora or Spotify today;

 - Good audio equipment was a little more likely to be seen as something to recreate with and get pleasure from, relaxing and listening to music was a bonafide leisure activity, as opposed to today where so many simply use more utilitarian devices such as cellphones and headphones, etc. to listen to music while simultaneously doing other things (working, exercising, etc.)...

See how that works..?

 

Blame the phones.They have taken over young peoples lives.Sure,they like music,if it"s on the phone!

@carlso63

Logic behind the comparison

 

I totally agree with your A v B formula in part 2 of your reply. I will leave the part 1 cars part carefully parked.

 

Sorry for the confusion as l was only intending to inject a little humour.
l see your points explicitly and it is similar to the UK description of ‘one man’s junk is another man’s gold’ In regard to the future this will in all likely hood be the reverse for elderly equipment or other collectibles that fall out of vogue.

 

My record and CD collection is only of value to people today, or in the future that remember and appreciate the artists or recorded material. ‘Too many people are dying’ is a line from a Mike (Moody Blues) Pinder 1970s song, and said recorded treasures may not be highly regarded or even well liked by future prospective buyers. ….Musical tastes change.
The same as future Hi-Fi reproduction (not to mention old equipment that potentially may just give up and die forever) l fear minimalist design will now take us forward. Going is the individual multi branded ‘stereo system’ of the past which are fast being replaced like the old ‘component systems’ you mentioned. The new norm will most likely be ………....streaming and music files/headphones,mobile phones and tablets.

Yes l agree those old 60s and 70s equipment in lock ups will probably die in those lock ups as when your gone….your gone, and your children will probably think it’s junk.

They probably think it’s junk already!