First Research US Industry Profile

Already a subscriber?  Login >>

View Sample
Audio & Video Equipment Manufacturing
SIC Codes: 3651
NAICS Codes: 334310
Last Quarterly Update: 4/1/2024
Companies in this industry manufacture audio and video equipment such as televisions, stereos, speakers, video players, and camcorders. Major companies include Bose (US); LG Electronics and Samsung (both based in South Korea); Panasonic, Pioneer, and Sony (all based in Japan); and Philips (Netherlands).
Countries in Asia dominate the audio and video equipment manufacturing industry. Top producers include Mexico, Canada, Japan, Germany, and Brazil.
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 concentrated: the 50 largest companies account for less than 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, Thailand and Japan.
Products, Operations & Technology
Major products are audio and video equipment (about 40%), followed by commercial sound equipment (about 20%), speakers (15%), and public address systems ... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms

Historical Profiles (PDF format)

01/08/2024
09/18/2023
06/12/2023
03/20/2023
12/27/2022
09/26/2022
07/11/2022
04/18/2022
01/10/2022
09/20/2021
06/28/2021
03/29/2021
01/11/2021
11/30/2020
10/26/2020
08/31/2020
05/27/2020
03/30/2020
05/20/2019
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
01/12/2015
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