From the Wires
Research and Markets: 2012 Report on the US Audio & Video Equipment Manufacturing Market Featuring Panasonic, Sony, Pioneer, Toshiba, Royal Philips, LG Electronics, Samsung, and Bose
By: Business Wire
Nov. 22, 2012 07:00 AM
Research and Markets (http://www.researchandmarkets.com/research/gr44sb/audio_and_video) has announced the addition of the "Audio & Video Equipment Manufacturing" report to their offering.
Companies in this industry manufacture televisions, stereos, speakers, video players, and camcorders. Major companies include Panasonic, Sony, Pioneer, and Toshiba (Japan); Royal Philips (The Netherlands); LG Electronics and Samsung (South Korea); and Harman International and Bose (US).
Worldwide, the top 10 manufacturers of audio and video equipment generate roughly $200 billion in annual revenue from A/V products. Overall consumer electronics manufacturing revenue, which includes audio and video equipment manufacturing revenue, is forecast to grow to $385 billion by 2014, according to market research firm iSuppli.
The US audio and video equipment manufacturing industry includes about 400 companies with annual revenue of about $3 billion and is expected to experience high growth in the next two years. Key growth drivers include consumer spending levels and technological advancements.
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.
Audio and video equipment competes with PCs and game consoles in the consumer home entertainment market. PCs and game consoles are covered in profiles of the Computer Manufacture and Electronic Gaming Products industries.
The US industry is highly concentrated: the 50 largest companies have almost 80 percent of overall revenue.
Key Topics Covered:
1. Industry Overview
2. Quarterly Industry Update
3. Business Challenges
4. Business Trends
5. Industry Opportunities
6. Call Preparation Questions
7. Financial Information
8. Industry Forecast
9. Web Links and Acronyms
For more information visit http://www.researchandmarkets.com/research/gr44sb/audio_and_video
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