Press release
Audio And Video Equipment Market - Emerging Industry Trends, Business Growth, Development Factors And Global Forecast To 2031 | Panasonic Corporation and Bose Corporation
Audio And Video Equipment Market
The regions covered in the audio and video equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest audio and video equipment market share.
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The audio and video equipment market consists of sales of audio and video equipment by entities (organizations, sole traders and partnerships) that manufacture audio and video/video equipment used for home entertainment, musical instrument amplification, motor vehicles, and public address. Audio and video equipment includes televisions, speaker systems, video cassette recorders, stereo equipment, household-type video cameras, jukeboxes, and amplifiers for musical instruments and public address systems.
Key competitors in the audio and video equipment market are Samsung Electronics Co Ltd, Sony Corp, LG Electronics Inc, Panasonic Corporation and Bose Corporation.
The global audio and video equipment market size is expected to grow from $149.00 billion in 2021 to $158.81 billion in 2022 at a compound annual growth rate (CAGR) of 6.6%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The audio and video market is expected to reach $196.50 billion in 2026 at a CAGR of 5.5%.
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TBRC's report segments the global audio and video equipment market:
1) By Type: Audio Equipment, Video Equipment
2) By End-User: B2B, B2C
3) By Sales Channel: OEM, Aftermarket
4) By Mode: Online, Offline
Read Further On The Audio And Video Equipment Market Here:
https://www.thebusinessresearchcompany.com/report/audio-and-video-equipment-global-market-report
The Table Of Contents Includes:
1. Executive Summary
2. Audio And Video Equipment Market Characteristics
3. Audio And Video Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Audio And Video Equipment
5. Audio And Video Equipment Market Size And Growth
.....
28. Key Mergers And Acquisitions In The Audio And Video Equipment Market
29. Audio And Video Equipment Market Future Outlook And Potential Analysis
30. Appendix
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