Audio and Video Equipment Manufacturing - 2022 U.S. Industry Market Research Report with COVID-19 Updates & Forecasts
The 2022 Audio and Video Equipment Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2013-2026. This report includes updated data and forecasts due to the economic impact of COVID-19.
This Kentley Insights report includes historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, plant utilization, BCG matrix, statistics by state, operating expense details, cost of materials and inventory, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
This industry group includes companies primarily engaged in manufacturing electronic audio and video equipment for home entertainment, motor vehicles, and public address and musical instrument amplification. Examples of products made by these companies are video cassette recorders, televisions, stereo equipment, speaker systems, household-type video cameras, jukeboxes, and amplifiers for musical instruments and public address systems.
This 37-page report is based on extensive business surveys filled out by companies in the industry. Analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
Review the table of contents to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
Below are a few of the hundreds of stats from the 2022 Audio and Video Equipment Manufacturing Market Research Report:
In 2020, industry sales were $2.8 billion
Purchase now for historical (2013-2021) and forecasted (2022, 2026) market size
Over the past 3 years, the industry has declined at an annual rate of -4.2%
Purchase now for historical (2013-2021) and forecasted (2022, 2026) growth rates
There are 428 companies in the industry
Learn more about the historical and forecasted industry composition
SALES PER COMPANY
In 2020, the average sales per company was $6.5 million
Purchase now for historical and forecasted sales per company
PPI & PRICING
2020 PPI growth was 2.9%
Purchase now for historical PPI (2013-2021), and forecasts for 2022 & 2026
FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2.3
Benchmark nine other important financial ratios
In 2020, employee productivity was $268,345
Purchase now for historical (2013-2021) and forecasted (2022, 2026) employee productivity
2.4% of expenses are spent on health insurance
Benchmark against 24 other expense categories
In 2020, industry operating expenses declined -1.8%
Purchase now for 2021, historical and forecasted OPEX
In 2020, payroll per employee was $55,668
Get the full picture with historicals and the 2022 and 2026 forecasts
PAYROLL BY STATE
California averages $113,646 in payroll per employee
Purchase now for payroll stats on other states
JOB CATEGORIZATION BENCHMARKS
12% of employees in the industry are in management positions
Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $22.27
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
The above highlights represent a small fraction of what you will find in this report.
Purchase The 2022 U.S. Market Research Report on Audio and Video Equipment Manufacturing now to unlock the insight from one of the most trusted research firms.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook