According to study, “Audio
And Video Equipment Manufacturing Global Market Report 2019”
the key companies operating in the global audio and video equipment
manufacturing market are Samsung Electronics Co Ltd, Harman International Industries,
Bose Corporation, LG Electronics Inc, Voxx, Alpine Electronics Inc., Sony Corp,
Panasonic Corporation, Akai,
DTS Inc., Dolby Laboratories Inc., JVC Kenwood Holdings Inc., Koninklijke Philips Electronics NV, Sanyo
Electric Co. Ltd., Onkyo Corporation, Nakamichi Corporation, Sharp Corp., Pioneer
Corporation, AKG Acoustics, Bad Cat,
Casio, Boston Acoustics, Electro
Magnet Speaker, JBL, Lighthouse Technologies Ltd., Wollensak, Kenwood Corp.,
Mackie, Marshall Amplification, Mesa Boogie, Martin Audio, NXT Plc., Toshiba
America Inc.
Audio equipment assigns to devices that reproduce,
record, or process sound such as AV receivers, radio receivers and microphones
etc. Video equipments are electronic equipment to broadcasts or receive
electromagnetic waves for representing images & sound such as television
equipment. Audio and video equipments are generally designed in-house and sold to customers through retail chains,
distributors, and retail stores.
Based on equipment, global audio and video equipment
manufacturing market is segmented into amplifiers, DVD or blue-ray players, car
stereos, jukeboxes, home stereo systems, wireless speaker, loudspeaker, sound
bars, microphones, Bluetooth audio, headphones, speaker systems, televisions, household-type
video cameras and video cassette recorders. Based on raw material, market is
segmented into permanent magnets, metal & plastic casings, copper coils, stainless
steel cabinets and video displays & electronic components. Based on
distribution channel, market is segmented into offline channel and online
channel. Based on application, market is segmented into
home entertainment, motor vehicles, musical instrument
amplification and musical instrument amplification.
The audio and video equipment manufacturing market
is driven by increase in popularity of audio and video broadcasting &
e-commerce for consumer electronics, followed by augment in technological advances,
and rise in disposable. However, change in consumer preferences, increases in
interest rate and high degree of price may impact the market growth.
Nowadays, companies are manufacturing Closed Circuit
Television Cameras (CCTV) using motion detection technology for countering
theft & crime. The CCTV camera consumes less energy and detects any motion
of objects in the field of view with raises alarm in case of an intrusion. This
feature provides effective surveillance of an area at low costs. In addition,
LED video walls are also installed in commercial establishments such as hotels,
stadiums stores, restaurants, and other places. These video walls are used as
monitor screens for display advertisements.
Based on geography, Asia-Pacific region holds major
share in audio and video equipment manufacturing market owing to rise in middle
class population in developing countries such as India, China, and Brazil.
North-America in expected to witness higher growth rate due to enhance in
demand for wireless audio
equipment market as a result of increase in popularity of mobile devices &
change in media consumption behavior of consumers over the forecast period. In
upcoming years, it is estimated that the market will be reached at rapid pace
on account of increase in economic growth and rise in disposable income.
For more information on the research
report, refer to below link:
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