The audio and video equipment manufacturing market
comprises establishments producing electronic 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.
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The audio and video equipment manufacturing market
is valued at $305 billion in 2017
The market in the report is segmented into: audio equipment
and video equipment. Audio equipment segment was the largest segment in the
market, followed by video equipment.
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report at
China was the largest country in the audio and
video equipment manufacturing market in 2017, accounting for almost two-fifth
of the market share, followed by USA and India as the next largest countries in
the market.
The top five competitors in the market made up
one-fourth of the total market share in 2016. Samsung was the largest
competitor followed by Sony, LG Electronics, Panasonic, and Bose Corporation.
Samsung is a South Korean multinational conglomerate headquartered in Samsung
Town, Seoul. It comprises numerous affiliated businesses, most of them united
under the Samsung brand. Samsung has increasingly globalised its activities and
electronics; in particular, its mobile phones and semiconductors have become
its most important source of income.
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