First Research US Industry Profile

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Audio & Video Equipment Manufacturing
SIC Codes: 3651
NAICS Codes: 334310
Last Quarterly Update: 5/20/2019
Companies in this industry manufacture televisions, stereos, speakers, video players, and camcorders. Major companies include Bose (US), LG Electronics and Samsung (South Korea); Panasonic, Pioneer, and Sony (Japan); and Philips (the Netherlands).
Countries in Asia dominate the audio and video equipment manufacturing industry. Top producers include China, Japan, Malaysia, Thailand, South Korea, and Taiwan.
The US audio and video equipment manufacturing industry includes about 500 establishments (single-location companies and units of multi-location companies) with annual revenue of about $3 billion.
Competing products such as PCs and tablets, game consoles, and smartphones are covered in profiles of the Computer Manufacturing, Electronic Toys & Games Manufacturing, and Wireless Telecommunications Equipment Manufacturing industries, respectively.
Competitive Landscape
Demand is driven by consumer income and the rate of product innovation. The profitability of individual companies depends on manufacturing efficiency and effective marketing and distribution. Large companies have advantages in economies of scale in manufacturing, marketing, and distribution. Small companies can compete effectively by offering specialty products or components in system solutions, such as speakers in a home theater system. The US industry is highly concentrated: the 50 largest companies account for about 80% of revenue.
Audio and video equipment competes with PCs, tablets, smartphones, and game consoles in the consumer home entertainment market. US manufacturers of audio and video equipment face significant competition from imports, particularly from China, Mexico, and Japan.
Products, Operations & Technology
Major products include TVs, auto and home stereos, speakers, DVD players, Blu-ray players, and camcorders. Small companies tend to focus on being either ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
Also includes the following chapters:
Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

Historical Profiles (PDF format)

02/18/2019
11/12/2018
08/13/2018
05/14/2018
02/12/2018
10/30/2017
07/31/2017
05/01/2017
01/30/2017
10/24/2016
07/25/2016
04/25/2016
01/25/2016
10/19/2015
07/20/2015
04/13/2015
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10/13/2014
07/21/2014
04/28/2014
01/20/2014
10/14/2013
07/22/2013
04/29/2013
02/04/2013
10/29/2012
08/06/2012
05/21/2012
02/27/2012
11/07/2011
08/08/2011
04/25/2011
01/24/2011
10/11/2010
07/19/2010
04/12/2010
01/04/2010