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Audio And Video Equipment Manufacturing Global Market Report 2019

Starting Price : $ 4000.00 | Pages : 300 | Published : January 2019 | SKU CODE : 5270 | Format :


Audio And Video Equipment Manufacturing Market Characteristics

The audio and video equipment manufacturing market consist of sales of audio and video equipment by entities (organizations, sole traders and partnerships) that produce audio and video equipment audio and video equipment for home entertainment, musical instrument amplification, motor vehicles, and public address systems. Audio and video equipment products include televisions, speaker systems, video cassette recorders, stereo equipment, household-type video cameras, jukeboxes, and amplifiers for musical instruments and public address systems.

Competitive Landscape of the Audio And Video Equipment Manufacturing Market

Major players in the global audio and video equipment manufacturing market include Samsung Electronics Co Ltd, Sony Corp, LG Electronics Inc, Panasonic Corporation, Bose Corporation

Audio And Video Equipment Manufacturing Market Size

The audio and video equipment manufacturing market size is expected to reach $350 billion by 2022, significantly growing at a CAGR of around 5% during the forecast period. The growth in the Audio And Video Equipment Manufacturing market is due to increase in the demand of videos and audios market and growing population.

However, the market for audio and video equipment manufacturing is expected to face certain restraints from several factors such as rising costs and decreasing margins and increasing preference for healthy options

Audio And Video Equipment Manufacturing Market Segmentation

The global audio and video equipment manufacturing market is further segmented based on type and geography.
By Type - The audio and video equipment manufacturing market is segmented into Audio Equipment, Video Equipment among these segments, the audio equipment market accounts for the largest share in the global audio and video equipment manufacturing market.
By Geography - The global audio and video equipment manufacturing is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global audio and video equipment manufacturing market.
Trends in the Audio And Video Equipment Manufacturing Market
The demand for wireless audio equipment market is increasing rapidly due to increasing popularity of mobile devices and changing media consumption behaviour of consumers. Consumers are increasingly using their mobile devices, tablets and laptops to wirelessly play audio on speakers, which is driving the growth of Wi-Fi and Bluetooth connected speakers. To capitalize on the growing popularity of wireless audio equipment, manufacturers such as Samsung, LG, Sony, Bose, Denon, DTS and Qualcomm are also launching wireless audio products or platforms. Some of the popular Wi-Fi audio equipment include Sonos Wi-Fi speakers, Bose’s Sound Touch system, Amazon’s Echo speakers. Potential Opportunities in the Audio And Video Equipment Manufacturing Market With increase in economic growth and rise in disposable income, the scope and potential for the global audio and video equipment manufacturing market is expected to significantly rise in the forecast period.

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