Industry Analysis & Industry Trends
Sounding off
After years of recessionary woes and an increase in offshoring obliterated revenue, the industry is poised to maintain overall positive growth in the next five years. High-end speakers will allow manufacturers to price their products at a premium, ensuring wide profit margins, but offshoring and import penetration will remain threats to industry revenue.... purchase to read more
Industry Report - Starting a New Business Chapter
New entrants into this industry typically encounter limited access to loudspeaker technology, a well-known brand and established operations. The latest technological advancements can be costly to new entrants, requiring large outlays of capital. The establishment of facilities and operations also represent a significant cost. Highly skilled labor can be scarce because existing companies are already attractive employers. Moreover, it can take years to create a well-known, recognizable and trusted brand name within a highly competitive market.
The largest industry players have wide-reaching operations, spanning across the globe and across several loudspeaker product categories. Add... purchase to read more