The Global Audio And Video Equipment Market Report by The Business Research Company covers audio and video equipment market drivers and restraints, audio and video equipment market size, major players, and the impact of COVID-19 on the audio and video equipment market.
The audio and video equipment market consists of sales of audio and video equipment by entities (organizations, sole traders and partnerships) that produce audio and video equipment audio and video equipment for home entertainment, musical instrument amplification, motor vehicles, and public address systems. Audio and video equipment products include televisions, speaker systems, video cassette recorders, stereo equipment, household-type video cameras, jukeboxes, and amplifiers for musical instruments and public address systems.
The global audio and video equipment market is expected to recover from COVID-19 crisis and grow from $141.6 billion in 2020 to $143.6 billion in 2023 at a rate of 1%.
The demand for wireless audio equipment market is increasing rapidly due to increasing popularity of mobile devices and changing media consumption behavior of consumers. Consumers are increasingly using their mobile devices, tablets and laptops to wirelessly play audio on speakers, which is driving the growth of Wi-Fi and Bluetooth connected speakers.
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Some audio and video equipment market trends include launch of wireless audio products. To capitalize on the growing popularity of wireless audio equipment, manufacturers such as Samsung, LG, Sony, Bose, Denon, DTS and Qualcomm are also launching wireless audio products or platforms. Some of the popular Wi-Fi audio equipment include Sonos Wi-Fi speakers, Bose’s SoundTouch system, Amazon’s Echo speakers.
Global audio and video equipment market segments include:
1) By Type: Audio Equipment, Video Equipment
2) By End-Use: B2B, B2C
3) By Sales Channel: OEM, Aftermarket
4) By Mode: Online, Offline
Subsegments Covered: Loudspeakers And Sound Bars; Microphones; Amplifiers And Mixers; Music Players And Other Audio Devices; Televisions; Video Players; Video Cameras
5) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Audio And Video Equipment Opportunities And Strategies Market Report: Forecast To 2022 is one of a series of new reports from The Business Research Company that provides audio and video equipment market overviews, analyzes and forecasts market size, share, audio and video equipment market players, audio and video equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The audio and video equipment identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Audio And Video Equipment Opportunities And Strategies Market Report: Forecast To 2022 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Samsung Electronics Co Ltd, Sony Corp, LG Electronics Inc, Panasonic Corporation, Bose Corporation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Audio And Video Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Audio And Video Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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