Music to their ears: Global demand for Australian headphones has supported industry growth

The Audio Visual Electronic Equipment Manufacturing industry has performed strongly over the past five years. Industry growth has been fuelled by growth in export markets due to the depreciation of the Australian dollar over the period. Furthermore, demand has also increased for defence-related products, as defence spending by the Federal Government has increased, as well as spending by private security firms. Despite high import penetration, industry revenue is expected to increase at an annualised 8.0% over the five years through 2018-19, to $2.4 billion. This includes a forecast increase of 0.5% in the current year due to increased spending on capital goods driving demand for a range of industry products...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 14-19
8.0%
Forecast Growth 19-24
Profit
Employment
4,882
Businesses
548
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry has been characterised by growing levels of technological change
  • Increased automation has led to a fall in wages as a share of revenue over the period
  • Growth will be hampered by higher import competition and limited domestic expansion opportunities
  • Industry Report - Industry Key Buyers Chapter

    The Audio Visual Electronic Equipment Manufacturing industry exhibits low market share concentration. The four largest companies are estimated to account for less than 20% of industry revenue in 2018-19. The wide range of products offered in the industry means that there are many small-scale specialist firms. Approximately 45% of firms employ fewer than 20 staff and around 87% turn over less than $2 million a year.High barriers to entry in the form of significant start-up capital and high wage costs have discouraged new companies from entering the industry over the past five years. Additionally, some businesses have offshored portions of their local manufacturing operations or left the industry entirely. Thi...purchase to read more.

    Additional Insights for the Audio Visual Electronic Equipment Manufacturing Industry

    IBISWorld has determined the most important Key Success Factors for the Audio Visual Electronic Equipment Manufacturing are:

  • Establishment of export markets
  • Having an extensive distribution/collection network
  • Establishment of brand names
  • IBISWorld analysts also discuss how external factors such as Private capital expenditure on machinery and equipment and Capital expenditure on defence in the Audio Visual Electronic Equipment Manufacturing industry impact industry performance..

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    What's in this report

    What is the Audio Visual Electronic Equipment Manufacturing Industry?

    Industry players manufacture a range of audio or visual equipment, components and receiving sets; sound reproducing and recording equipment; radio and television parts, components and receiving sets; earphones and headphones; and other electronic equipment, parts and components.

    Industry Products
  • Semiconductors and integrated circuits
  • Fire and other alarm systems
  • Other audio visual equipment and components
  • Microphones, headphones and earphones
  • Industry Activities
  • Amplifier, loudspeaker and other electronic musical equipment
  • Blank computer disc
  • Compact disc player
  • Earphone and headphone
  • Electronic circuit component and printed circuit board
  • Fire alarm apparatus and metal detector
  • Microphone and transistor
  • Radio, transistor and television receiving set
  • Semiconductor and integrated circuit board
  • Sound recording and sound reproducing equipment
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Private capital expenditure on machinery and equipment
  • Capital expenditure on defence
  • Demand from commercial and industrial building construction
  • Trade-weighted index
  • IT and telecommunications adoption

  • Current Performance
  • Greater globalisation
  • Evolving cost structure
  • Defence boost
  • Australian niche producers
  • Chart: Revenue Growth

  • Industry Outlook
  • Connected manufacturing
  • Globalisation
  • Mixed domestic conditions
  • Consolidation trends
  • Table: Audio Visual Electronic Equipment Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Audio Visual Electronic Equipment Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Computer and Electronic Office Equipment Manufacturing
  • Communication Equipment Manufacturing
  • Construction
  • Telecommunications and Other Electrical Goods Wholesaling
  • Defence
  • Music Publishing and Sound Recording

  • Key Selling Industries
  • Copper Tubes and Wire Manufacturing
  • Plastic Pipe and Plastic Packaging Material Manufacturing
  • Structural Steel Fabricating

  • Products & Services
  • Microphones, headphones and earphones
  • Semiconductors and integrated circuits
  • Other audio visual equipment and components
  • Fire and other alarm systems
  • Chart: Audio Visual Electronic Equipment Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Manufacturing firms
  • Defence
  • Export markets
  • Other markets
  • Wholesaling firms
  • Construction firms
  • Chart: Major Market Segmentation for the Audio Visual Electronic Equipment Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Audio Visual Electronic Equipment Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Audio Visual Electronic Equipment Manufacturing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Audio Visual Electronic Equipment Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Audio Visual Electronic Equipment Manufacturing Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Integrated Circuits
  • Integrated circuits contain several semiconductors as a set of electronic circuits, which are used in electronic products, such as computers and mobile phones.
  • Research And Development (R&D)
  • Research and development is usually carried out to create new products or improve existing products.
  • Semiconductors
  • Incorporated within electronic devices, semiconductors control the flow of electrical signals, and are usually fabricated from silicon.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Audio Visual Electronic Equipment Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Audio Visual Electronic Equipment Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Audio Visual Electronic Equipment Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Audio Visual Electronic Equipment Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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