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Audio & Video Equipment Manufacturing in the US
IBISWorld, April 2009, Pages: 48
This industry comprises establishments primarily engaged in manufacturing electronic audio and video equipment for home entertainment, motor vehicle, public address and musical instrument amplifications. Examples of products made by these establishments are video cassette recorders, televisions, stereo equipment, speaker systems, household-type video cameras, jukeboxes, and amplifiers for musical instruments and public address systems. 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.
Introduction
Who killed the analog TV?
Changing trends in shopping behavior will have implications for marketing and distribution strategies. The Internet offers an alternative and cost effective way to reach customers. Standing this industry in good stead are the established relations with reliable high quality and low cost suppliers in key markets, which allow for the development of strategic alliances. Established brand names and long standing reputations will auger well for existing players. The blurring in the markets for audio and video products towards systems that provide for communications and infotainment needs will attract new players.
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