The market is dominated by foreign suppliers, as imports account for 54.6% of total market size in 2020. Households drive market demand, with household spending representing 87.7% of total demand in 2020. Italy has the fifth largest market size for television and radio receivers, sound and video recording devices in the region, with demand reaching USD6.5 billion in 2020. RCF Group SpA is the largest company in Italy, generating 11.3% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 27.0% of total production value in 2020. The total number of companies increases in 2020, to 593 units. The costs of the industry decrease by 4.4% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 16.4% of production value in 2020, the highest in the region. With production value of USD1.5 billion, Italy accounts for 8.8% of the Western Europe total in 2020.
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This Euromonitor industrial report provides unique information on Television and Radio Receivers, Sound and Video Recording Devices in Italy: 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 Italy: ISIC 323 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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