Kraus Ranked Amongst The Top Integrators In The Nation
Updated: Nov 13, 2018
Our excellence and strong growth are being recognized by CEPro magazine. Kraus Hi-Tech is listed among the top 100 dealers in the US.
Optimism among industry for continued growth
The CE Pro 100 is an annual list of the largest custom electronics integrators in North America -- typically those with revenues over $2 million in the core home-systems categories. It was first launched in 1998 and has showcased some of the industry’s finest custom installation companies throughout the years.
Kraus Hi-Tech Home Automation, as well as other dealers, participate in this annual survey that provides a snapshot into the state of the industry.
Many integrators noted their optimism for the coming year stating, “Happy days are here again.” That refrain is definitely apropos for CE Pro 100 integrators following a strong 2017.
How happy are they? Well, the list shows the highest revenue custom installation companies in the U.S. reported a healthy $3.5 billion in revenues in 2017.
There's even more good news:
Consumer confidence is just below the 17-year high it hit in November of 2017.
New home contruction has continued to rise, with the National Association of Home Builders predicting 1.33 million starts in 2018 (a 9 percent increase), with single-family home starts predicted to rise 4 percent.
Home remodeling spending is expected to rise 7.5 percent this year, according to Harvard’s Joint Center for Housing Studies. Homeowners are expected to spend $340 billion on home upgrades, the strongest figure in more than a decade