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Country Report

Home Audio and Cinema in

Home Audio and Cinema in Hungary

15 pages, Aug 2018

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Revitalisation needed

Thanks to increasing unit prices and Hungarian consumers’ rising purchasing power, home audio and cinema saw value growth in 2018, despite a volume decline. Quality audio systems are still popular amongst Hungarians, due to the widening range of music and films available online.

Declining traditional categories

Hi-fi systems saw the strongest decline in 2018. Traditional hi-fi systems are no longer an essential part of home entertainment.

Better performances from some categories

Both speakers and digital media player docks maintained consumers’ interest over recent years. They generated growth in both volume and value terms in 2018.

COMPETITIVE LANDSCAPE

The dominance of international companies

Overall home audio and cinema was dominated by large international companies in 2018, mainly from Asia. The leading players in hi-fi systems and home cinema and speaker systems are the same companies and brands as within home audio and cinema.

The leaders in home audio and cinema

Samsung, Sony, LG, Philips and Panasonic accounted for the majority of volume sales in home audio and cinema in 2018, leaving only a small share for smaller players. They offer high-quality products and have a long history in Hungary; they are well-known and highly reputed.

Innovations to attract consumers

Recent innovations focused on sound quality, design, and the needs of specific groups. Samsung launched new premium sound bars which can be installed on the wall, providing a unique audio experience thanks to the inclusion of subwoofers; thus, merging technology and lifestyles in an innovative way.

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Samples

Home Audio and Cinema Sample Report Home Audio and Cinema Sample Data

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Hungary with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Home Audio and Cinema industry in Hungary, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in Hungary market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Home Audio and Cinema in Hungary?
What are the major brands in Hungary?
What is the growth rate for Home Cinema and Speaker Systems?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Consumer Electronics market research database.

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Home Audio and Cinema in Hungary - Category analysis

HEADLINES

PROSPECTS

Revitalisation needed

Declining traditional categories

Better performances from some categories

COMPETITIVE LANDSCAPE

The dominance of international companies

The leaders in home audio and cinema

Innovations to attract consumers

CATEGORY DATA

Table 1 Sales of Home Audio and Cinema by Category: Volume 2013-2018
Table 2 Sales of Home Audio and Cinema by Category: Value 2013-2018
Table 3 Sales of Home Audio and Cinema by Category: % Volume Growth 2013-2018
Table 4 Sales of Home Audio and Cinema by Category: % Value Growth 2013-2018
Table 5 NBO Company Shares of Home Audio and Cinema: % Volume 2014-2018
Table 6 LBN Brand Shares of Home Audio and Cinema: % Volume 2015-2018
Table 7 Distribution of Home Audio and Cinema by Channel: % Volume 2013-2018
Table 8 Forecast Sales of Home Audio and Cinema by Category: Volume 2018-2023
Table 9 Forecast Sales of Home Audio and Cinema by Category: Value 2018-2023
Table 10 Forecast Sales of Home Audio and Cinema by Category: % Volume Growth 2018-2023
Table 11 Forecast Sales of Home Audio and Cinema by Category: % Value Growth 2018-2023

Consumer Electronics in Hungary - Industry Overview

EXECUTIVE SUMMARY

Improving economic prospects lead to growth

Digitalisation supported by legislation

Consolidated competition

Retailing moves online

Favourable forecast for new technologies

MARKET DATA

Table 12 Sales of Consumer Electronics by Category: Volume 2013-2018
Table 13 Sales of Consumer Electronics by Category: Value 2013-2018
Table 14 Sales of Consumer Electronics by Category: % Volume Growth 2013-2018
Table 15 Sales of Consumer Electronics by Category: % Value Growth 2013-2018
Table 16 NBO Company Shares of Consumer Electronics: % Volume 2014-2018
Table 17 LBN Brand Shares of Consumer Electronics: % Volume 2015-2018
Table 18 Distribution of Consumer Electronics by Channel: % Volume 2013-2018
Table 19 Forecast Sales of Consumer Electronics by Category: Volume 2018-2023
Table 20 Forecast Sales of Consumer Electronics by Category: Value 2018-2023
Table 21 Forecast Sales of Consumer Electronics by Category: % Volume Growth 2018-2023
Table 22 Forecast Sales of Consumer Electronics by Category: % Value Growth 2018-2023

Megatrends

Country Report

Home Audio and Cinema in Hungary

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Revitalisation needed

Declining traditional categories

Better performances from some categories

COMPETITIVE LANDSCAPE

The dominance of international companies

The leaders in home audio and cinema

Innovations to attract consumers

Samples

Overview

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Samples (FAQs about samples):

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Table of Contents

Home Audio and Cinema in Hungary - Category analysis

HEADLINES

PROSPECTS

Revitalisation needed

Declining traditional categories

Better performances from some categories

COMPETITIVE LANDSCAPE

The dominance of international companies

The leaders in home audio and cinema

Innovations to attract consumers

CATEGORY DATA

Consumer Electronics in Hungary - Industry Overview

EXECUTIVE SUMMARY

Improving economic prospects lead to growth

Digitalisation supported by legislation

Consolidated competition

Retailing moves online

Favourable forecast for new technologies

MARKET DATA

SOURCES

Why buy this report?

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