Audio and Video Equipment Manufacturing Global Market Opportunities and Strategies to 2021

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The audio and video equipment manufacturing market includes establishments producing electronic audio and video equipment for home entertainment, musical instrument amplification, motor vehicles, and public address and musical instrument amplification. Audio and video equipment include amplifiers, car stereos, DVD/Blue-ray players, home stereo systems, loudspeaker market, wireless speaker market, sound bars market, bluetooth audio market, microphones, headphones, televisions, speaker systems, video cassette recorders and video cameras in the global television market

The top five companies covered are Samsung Electronics Co Ltd., LG Electronics Inc., Sony Corp., Panasonic Corporation and Bose Corporation, Samsung Electronics Co Ltd. was the largest competitor in the audio and video equipment manufacturing market in 2017.

The countries covered are China, India, Japan, UK, Germany, France, Italy, Spain, Russia, USA, Brazil and Australia.

Audio and Video Equipment Manufacturing Global Market Size

The global audio and video equipment manufacturing market was valued at $276.6 billion in 2017. Asia-Pacific was the largest region in the global audio and video equipment manufacturing market with over 60% of the market. China was the largest country in the global audio and video equipment manufacturing market, with over 40% share of the market.

Audio and Video Equipment Manufacturing Global Market Trend

LED video walls are gaining popularity and are being widely installed in commercial establishments such as hotels, restaurants, stadiums stores and other places. LED video walls are made up of modular tiles which fit together in a magnetic or lockable display to enable creation of video walls of various sizes. These video walls are used to display advertisements or are used as monitor screens. According to Futuresource consulting, the NPP (narrow pixel pitch) LED video walls displays market is expected to grow at a CAGR of 34% between 2015 and 2020 and the market is projected to reach $2.2 billion by 2020.

Audio and Video Equipment Manufacturing Global Market Segmentation

The Audio and Video Equipment Manufacturing Global Market is segmented into Audio Equipment Market - Loudspeakers And Sound Bars; Music Players And Other Audio Devices; Microphones; Amplifiers And Mixers; Video Equipment Market- Television; Video Cameras; Video Players.
Audio Equipment - Loudspeakers And Sound Bars; Music Players And Other Audio Devices; Microphones; Amplifiers And Mixers Audio equipment manufacturers procure raw materials such as such as permanent magnets, copper coils, metal and plastic casings, stainless steel cabinets, and electronic components from metal manufacturing companies and plastic products manufacturing companies. Components are assembled at different stages on an assembly line to obtain the final product. Finished products are subjected to various tests to detect defects and ensure proper functioning. Audio equipment are sold to customers through distributors, retail chains and retail stores. Some manufacturers also sell their products on e-commerce channels such as Alibaba, eBay and Amazon.
Video Equipment - Television; Video Cameras; Video Players Video equipment manufacturers procure raw materials such as metal and plastic casings, stainless steel cabinets, video displays and electronic components from metal manufacturing and plastic products manufacturing companies. Components are assembled at different stages on an assembly line to obtain the final product. Finished products are subjected to various tests to detect defects and ensure proper functioning. Video equipment are sold to customers through distributors, retail chains and retail stores. They are also sold to automobile manufacturing companies and media companies. Some manufacturers also sell their products on e-commerce channels such as Alibaba, eBay and Amazon.

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