Audio & Video Equipment Manufacturing in the US - Industry Market Research Report

Audio & Video Equipment Manufacturing in the US - Industry Market Research Report

  • July 2018 •
  • 37 pages •
  • Report ID: 198785 •
  • Format: PDF
Turn it up: Revenue will grow despite pressure from offshoring and import penetration

Abstract

Audio & Video Equipment Manufacturing in the US
An ever-changing technological landscape and the subsequent shifts in the consumption of audio and video content presented challenges for the Audio and Video Equipment Manufacturing industry over the five years to 2018. Additionally, the offshoring movement limited this industry’s ability to grow. Over the five years to 2018, industry revenue growth improved slightly, thanks to favorable macroeconomic factors such as rising per capita disposable income and low unemployment spurring consumer demand. Offshoring production to countries with lower labor costs is now the industry standard for manufacturers. The pressures challenging this industry are expected to continue over the next five years, as companies continue offshoring their operations.

This industry comprises manufacturers of electronic audio and video equipment for home entertainment systems, vehicles and public areas. This industry excludes manufacturers of photographic equipment and telephone-answering machines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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