Audio & Video Equipment Manufacturing in the US - Industry Market Research Report

Audio & Video Equipment Manufacturing in the US - Industry Market Research Report
Audio & Video Equipment Manufacturing in the US

Volatile returns for audio and video equipment manufacturing are in part due to supply chain inefficiencies, global chip shortages and poor macroeconomic conditions associated with COVID-19. These have all challenged the industry's growth during the period. Despite this situation, industry-wide revenue has taken a step forward at a CAGR of 0.6% to $4.0 billion over the past five years, including a 4.3% decrease in 2023.

This industry comprises manufacturers of electronic audio and video equipment for home entertainment systems, vehicles and public areas. The industry excludes manufacturers of photographic equipment and telephone answering machines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.