The market is dominated by foreign suppliers, as imports account for 71.3% of total market size in 2022. Households drive market demand, with household spending representing 74.4% of total demand in 2022. Australia has the sixth largest market size for television and radio receivers, sound and video recording devices across the top 20 developed countries, with demand reaching USD10.2 billion in 2022. Blackmagic Design Pty Ltd is the largest company in Australia, generating 12.1% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 34.6% of total production value in 2022. The total number of companies increases in 2022, to 347 units. The costs of the industry decrease by 3.2% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 12.3% of production value in 2022, the seventh highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 10.1% of total production output. With production value of USD1.4 billion, Australia accounts for 88.8% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Television and Radio Receivers, Sound and Video Recording Devices in Australia: ISIC 323. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Television and Radio Receivers, Sound and Video Recording Devices in Australia: ISIC 323 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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