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Audio & Video Equipment Manufacturing in the US - Market Research Report (2015-2030)

Seth Lee Seth Lee New York, United States Last Updated: March 2025 NAICS 33431

Revenue

$5.0bn

2025

$5.0bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

10,638

Businesses

916

Wages

$XXX.Xm

Audio & Video Equipment Manufacturing in the US industry analysis

The industry has endured consistent innovation, primarily driven by semiconductor developments and consumer needs for enhanced features. Companies in this sector are capitalizing on these advancements, incorporating value-adding elements such as active noise cancellation and extended battery life for headphones. The diversification of television functionalities, especially their role as gaming equipment, has necessitated significant improvements. Enhanced refresh rates have become essential to prevent performance lags, prompting manufacturers to adopt a premiumization strategy with higher price tags. Also, the release of new Bluetooth versions has enhanced sound devices' wireless capabilities, boosting manufacturers' options. 

Trends and Insights

  • Manufacturers are driving premiumization by enhancing audio equipment features. With consumer markets leaning towards advanced capabilities like superior ANC and longer battery life, companies justify higher prices by offering top-tier products.
  • High-performance audio is a must-have across various industries. From theaters to amusement parks, businesses have invested in quality speakers to enhance experiences by delivering crisp and engaging audio for diverse audiences.
  • Thanks to its booming tech sector, the West is a hotspot for audio-video manufacturers. Silicon Valley's innovations attract businesses aiming to be at the forefront of technological advancements in production and multimedia distribution.
  • There’s no proper substitute for quality sound in commercial settings. These products have become deeply embedded in various industries, enhancing experiences and functionality in spaces ranging from offices to public venues.

Access hundreds of data points and trends

  • Market estimates from 2015-2030
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2015-2030)

Industry revenue has grown at a CAGR of 1.3 % over the past five years, to reach an estimated $5.0bn in 2025.

Trends and Insights

Manufacturers lean on premiumization in response to advanced semiconductors

  • Consumer preferences are rapidly shifting in the audio equipment market, with an evident divide between those prioritizing affordability and those seeking advanced features. A 2024 survey by SoundGuys reveals that while 40.7% of respondents still prefer headphones or earbuds priced at $100 or less, a notable 32.1% are willing to invest in products priced close to $200. This shift prompts manufacturers to reevaluate their strategies by incorporating more advanced features to justify higher price tags.
  • Additional trends and insights available with purchase
Audio & Video Equipment Manufacturing in the US
Revenue (2015-2030)
IBISWorld Logo Source: IBISWorld

Industry outlook (2025-2030)

Market size is projected to grow over the next five years.

Trends and Insights

Innovative semiconductor HBM chips drive promising future for audio devices

  • The emergence of High-Bandwidth Memory (HBM) chips will transform the industry by providing a solution for devices that require rapid data processing capabilities. These chips support the smooth operation of audio devices by reducing latency and faster information processing, effectively preventing glitches and playback disruptions.

Biggest companies in the Audio & Video Equipment Manufacturing in the US

Company
Market Share (%)
2025
Revenue ($m)
2025
Profit ($m)
2025
Profit Margin (%)
2025
Motorola Solutions, inc.
604.5
152.9
25.3
Vizio, Inc.
557.5
8.2
1.5
Samsung Electronics Co Ltd
429.5
9.1
2.1

To view the market share and analysis for all 24 top companies in this industry, view purchase options.

Products & Services Segmentation

Audio & Video Equipment Manufacturing in the US
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including TVs and accessories, Speakers and Automotive audio equipment. TVs and accessories is the largest segment of the Audio & Video Equipment Manufacturing in the US.

Trends and Insights

Headphones and earbuds see prolific use in professional and personal life, expands other segment

  • This segment features personalized audio equipment like headphones and earbuds. These items, which are becoming almost ubiquitous with smartphones and computers, facilitate personal audio experiences, allowing users to listen privately to music or videos. The convenience and functionality of these devices suit varied contemporary needs.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

This industry includes producers of electronic audio and video devices designed for home entertainment setups, automotive systems and public environments. It does not include producers of photographic gear or telephone answering devices.

What's included in this industry?

Manufacturing TV receiversManufacturing radio receiversManufacturing CD playersManufacturing DVD, DVR and Blu-ray playersManufacturing loudspeaker and commercial sound equipmentManufacturing automobile audio equipment

Companies

Motorola Solutions, inc.Vizio, Inc.Samsung Electronics Co Ltd

Purchase this report to view all 24 major companies in this industry.

Related Terms

CRT TVLCD TV3DANTI-DUMPINGOFFSHORINGRESHORING

Industry Code

NAICS 2017

NAICS 33431 - Audio & Video Equipment Manufacturing in the US

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Manufacturers are driving premiumization by enhancing audio equipment features. With consumer markets leaning towards advanced capabilities like superior ANC and longer batte...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2015-2024) and forecast (2025-2030)
  • Employees, including historical (2015-2024) and forecast (2025-2030)
  • Businesses, including historical (2015-2024) and forecast (2025-2030)
  • Profit, including historical (2015-2025)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

High-performance audio is a must-have across various industries. From theaters to amusement parks, businesses have invested in quality speakers to enhance experiences by deli...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2025
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2025
  • Major market segmentation in 2025
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Thanks to its booming tech sector, the West is a hotspot for audio-video manufacturers. Silicon Valley's innovations attract businesses aiming to be at the forefront of techn...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each state
  • Share of population compared to establishments in each region in 2025

Tables

  • Number and share of establishments in each state in 2025
  • Number and share of revenue each state accounts for in 2025
  • Number and share of wages each state accounts for in 2025
  • Number and share of employees in each state in 2025

Detailed analysis

  • Geographic spread of the industry across North America, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

There’s no proper substitute for quality sound in commercial settings. These products have become deeply embedded in various industries, enhancing experiences and functionali...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2020-2025
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

There isn't a major company in this industry. Low export activity constrains domestic manufacturing needs, leaving them with a smaller market and shrinking their influence.

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2021 through 2025
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2025
  • Overview of Motorola Solutions, inc.'s performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Vizio, Inc.'s performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of Samsung Electronics Co Ltd's performance by revenue, market share and profit margin from 2019 through 2025
  • Overview of revenue, market share and profit margin trend for 21 additional companies

Detailed analysis

  • Description and key data for Motorola Solutions, inc., and factors influencing its performance in the industry
  • Description and key data for Vizio, Inc., and factors influencing its performance in the industry
  • Description and key data for Samsung Electronics Co Ltd, and factors influencing its performance in the industry
  • Description, key data and performance trends for 21 additional companies

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The EPA's upcoming PFAS regulation could shake up the electronics industry. Companies must report PFAS usage, essential in heat-resistant electronics, from 2011 to 2023, push...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2015-2030) 
  • Assistance historical data and forecast (2015-2030) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Premiumization strategies are helping companies maintain profitability in the competitive market. By focusing on innovative advertising and premium products, they cushion aga...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
  • Investment vs. share of economy

Data tables

  • Industry Multiples (2018-2023)
  • Industry Tax Structure (2018-2023)
  • Income Statement (2018-2023)
  • Balance Sheet (2018-2023)
  • Liquidity Ratios (2018-2023)
  • Coverage Ratios (2018-2023)
  • Leverage Ratios  (2018-2023)
  • Operating Ratios (2018-2023)
  • Cash Flow & Debt Service Ratios (2015-2030)
  • Revenue per Employee (2015-2030)
  • Revenue per Enterprise (2015-2030)
  • Employees per Establishment (2015-2030)
  • Employees per Enterprise (2015-2030)
  • Average Wage (2015-2030)
  • Wages/Revenue (2015-2030)
  • Establishments per Enterprise (2015-2030)
  • IVA/Revenue (2015-2030)
  • Imports/Demand (2015-2030)
  • Exports/Revenue (2015-2030)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2015-2030)
  • IVA (2015-2030)
  • Establishments (2015-2030)
  • Enterprises (2015-2030)
  • Employment (2015-2030)
  • Exports (2015-2030)
  • Imports (2015-2030)
  • Wages (2015-2030)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Audio & Video Equipment Manufacturing in the US industry in United States in 2025?

The market size of the Audio & Video Equipment Manufacturing in the US industry in United States is $5.0bn in 2025.

How many businesses are there in the Audio & Video Equipment Manufacturing in the US industry in 2025?

There are 916 businesses in the Audio & Video Equipment Manufacturing in the US industry in United States, which has grown at a CAGR of 3.1 % between 2020 and 2025.

Has the Audio & Video Equipment Manufacturing in the US industry in United States grown or declined over the past 5 years?

The market size of the Audio & Video Equipment Manufacturing in the US industry in United States has been growing at a CAGR of 1.3 % between 2020 and 2025.

What is the forecast growth of the Audio & Video Equipment Manufacturing in the US industry in United States over the next 5 years?

Over the next five years, the Audio & Video Equipment Manufacturing in the US industry in United States is expected to grow.

What are the biggest companies in the Audio & Video Equipment Manufacturing in the US market in United States?

The biggest companies operating in the Audio & Video Equipment Manufacturing market in United States are Motorola Solutions, inc., Vizio, Inc. and Samsung Electronics Co Ltd

What does the Audio & Video Equipment Manufacturing in the US in United States include?

Manufacturing TV receivers and Manufacturing radio receivers are part of the Audio & Video Equipment Manufacturing in the US industry.

Which companies have the highest market share in the Audio & Video Equipment Manufacturing in the US in United States?

The company holding the most market share in United States is Motorola Solutions, inc..

How competitive is the Audio & Video Equipment Manufacturing in the US industry in United States?

The level of competition is high and increasing in the Audio & Video Equipment Manufacturing in the US industry in United States.

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Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in the US include: 

  • US Census Bureau
  • US Bureau of Labor Statistics
  • US International Trade Commission

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

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