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TV, DVD & Video Equipment Manufacturing in China - Market Research Report (2014-2029)

IBISWorld IBISWorld Beijing, China Last Updated: November 2024 4071

Revenue

$115.5bn

2024

$115.5bn

Past 5-Year Growth

Profit

$X.Xbn

Employees

270k

Businesses

402

Wages

$X.Xbn

TV, DVD & Video Equipment Manufacturing in China industry analysis

Industry revenue generated by the TV, DVD and Video Equipment Manufacturing industry in China is estimated to decline at a CAGR of 1.6% over the five years through 2024, to total $115.5 billion. This trend includes estimated decline of 2.9% in the current year. The industry turned into stock market period, so the competition is serious and lack growth engine.
Exports are important for the industry, and are expected to account for 15.1% of industry revenue in 2024. Fluctuation of export revenue over the past five years was mainly due to the industry's changing export product structure and the global recession, which weakened demand from established foreign markets. In the TV market, exports of OLED, LED, TVs and plasma TVs increased, while exports of cathode ray tube (CRT) TVs declined due to high countervailing duties and waning global demand.
In 2024, the demand for LED TVs and high-end products, especially smart TVs, is expected to continue increasing due to the further popularization of TV products in China. As export demand slows in developed markets like Europe, companies are expected to focus on growing exports to emerging markets like India and Thailand. The value of competing imports is expected to decrease at a CAGR of 23.6% over the five years through 2024, to total $221.0 million. Overall, imports are expected to account for 0.2% of domestic demand in 2024. High-end, niche imports are declining as the industry matures and domestic manufacturers improve their production technology.
Profitability is expected to decline to 2.7% of revenue in 2024 due to falling product prices and rising expenses. Due to increased competition, many enterprises have reduced their product prices to increase market share. Additionally, R&D expenses continue to increase for many manufacturers in the industry, accounting for an estimated of 4.0% of revenue in 2024. Furthermore, wages are expected to rise at a CAGR of 1.5% over the five years through 2024, despite falling employment numbers. In 2024, wages are expected to account for 4.7% share of industry revenue, to total $5.4 billion.
Industry revenue is forecast to fall at a CAGR of 1.6% over the five years through 2029, to $106.8 billion. Technology advancement and adoption are anticipated to play a crucial role as competition intensifies among industry participants.

Trends and Insights

  • The color TV market has turned to be saturated. After years of rapid development, the owning rate of residents’ color TVs has reached the high peak in 2017, and has been decreasing in the following years on the whole.
  • TVs are the industry’s major product segment. China is the largest production base for TVs worldwide, and TVs account for over 70% of the TV, DVD and Video Equipment Manufacturing industry.
  • Guangdong is the largest production base of this industry. Most well-known domestic enterprises have established factories in the province, and there are also many less well-known and inferior brands in this region.
  • This industry has a low concentration level. The industry's concentration level is expected to increase with large firms expanding their businesses and initiating mergers and acquisitions.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 1.6 % over the past five years, to reach an estimated $115.5bn in 2024.

Trends and Insights

The color TV market has turned to be saturated

  • With constant increase of color TVs per 100 households, the color TV market has turned to be saturated. In 2023, the color TVs per 100 homes decreased to 107.2 units and 108.8 units, for urban residents and rural residents, respectively.
  • Additional trends and insights available with purchase
TV, DVD & Video Equipment Manufacturing in China
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to decline over the next five years.

Trends and Insights

The demand for TVs will decrease

  • The total number of TVs in the domestic market is expected to decrease at a slow rate over the next five years. As the main consumer group becomes younger, the choice of home entertainment is no longer limited to TVs.

Biggest companies in the TV, DVD & Video Equipment Manufacturing in China

Company

There are no companies that hold a large enough market share in the TV, DVD & Video Equipment Manufacturing in China industry for IBISWorld to include in this product.

Products & Services Segmentation

TV, DVD & Video Equipment Manufacturing in China
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including TVs, Laser disk players and Digital video cameras. TVs is the largest segment of the TV, DVD & Video Equipment Manufacturing in China.

Trends and Insights

TVs are the industry's major product segment

  • TVs refer to devices that use electronic technology to transmit moving images and audio signals based on the visual persistence characteristics and visual psychology of the human eye, namely a television receiver.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

The Television, DVD and Video Equipment Manufacturing industry in China is primarily engaged in manufacturing household video equipment, such as televisions, DVD players, video recorders, video players and digital video cameras.

What's included in this industry?

TVsLaser disk playersDigital video camerasVideo recorders and other products

Companies

Purchase this report to view all major companies in this industry.

Related Terms

PLASMA TVCATHODE RAY TUBE (CRT) TELEVISIONLIQUID CRYSTAL DISPLAY (LCD) TELEVISIONLIGHT-EMITTING DIODE (LED) TELEVISION

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

The color TV market has turned to be saturated. After years of rapid development, the owning rate of residents’ color TVs has reached the high peak in 2017, and has been decr...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

TVs are the industry’s major product segment. China is the largest production base for TVs worldwide, and TVs account for over 70% of the TV, DVD and Video Equipment Manufact...

In this chapter

  • Products & Services
  • Major Markets
  • International Trade

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level
  • Total imports, level and trend
  • Total exports, level and trend
  • Trade Balance

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024
  • International trade, including imports by country and exports by country

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services
  • Recent trends in import and export volumes, country of origin or destination, and expected future trends

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

Guangdong is the largest production base of this industry. Most well-known domestic enterprises have established factories in the province, and there are also many less well-...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

This industry has a low concentration level. The industry's concentration level is expected to increase with large firms expanding their businesses and initiating mergers and...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Market shares of domestic manufacturers have increased. Four of the top five enterprises are domestic enterprises, which have made great progress after years of development.

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024

Detailed analysis

    External Environment

    Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

    Analyst insights

    Production of industry products are integrated with high technology changes. As the main industry product, televisions are playing more and diversified functions, and most en...

    In this chapter

    • External Drivers
    • Regulation & Policy
    • Assistance

    Key metrics

    • Regulation & policy level and trend
    • Assistance level and trend

    Charts

    • Regulation & Policy historical data and forecast (2014-2029) 
    • Assistance historical data and forecast (2014-2029) 

    Detailed analysis

    • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
    • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
    • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

    Financial Benchmarks

    View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

    Analyst insights

    Profitability of this industry has decreased. The declining products prices and rising expenses narrowed down profit margins of this industry.

    In this chapter

    • Cost Structure
    • Financial Ratios
    • Key Ratios

    Key metrics

    • Profit margin, and how it compares to the sector-wide margin
    • Average wages, and how it compares to the sector-wide average wage
    • Largest cost component as a percentage of revenue
    • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

    Charts

    • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
    • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
    • Investment vs. share of economy

    Data tables

    • Cash Flow & Debt Service Ratios (2014-2029)
    • Revenue per Employee (2014-2029)
    • Revenue per Enterprise (2014-2029)
    • Employees per Establishment (2014-2029)
    • Employees per Enterprise (2014-2029)
    • Average Wage (2014-2029)
    • Wages/Revenue (2014-2029)
    • Establishments per Enterprise (2014-2029)
    • IVA/Revenue (2014-2029)
    • Imports/Demand (2014-2029)
    • Exports/Revenue (2014-2029)

    Detailed analysis

    • Trends in the cost component for industry operators and their impact on industry costs and profitability 

    Key Statistics

    Industry Data

    Data Tables

    Including values and annual change:

    • Revenue (2014-2029)
    • IVA (2014-2029)
    • Establishments (2014-2029)
    • Enterprises (2014-2029)
    • Employment (2014-2029)
    • Exports (2014-2029)
    • Imports (2014-2029)
    • Wages (2014-2029)

    Top Questions Answered

    Unlock comprehensive answers and precise data upon purchase. View purchase options.

    What is the market size of the TV, DVD & Video Equipment Manufacturing industry in China in 2024?

    The market size of the TV, DVD & Video Equipment Manufacturing industry in China is $115.5bn in 2024.

    How many businesses are there in the TV, DVD & Video Equipment Manufacturing in China industry in 2024?

    There are 402 businesses in the TV, DVD & Video Equipment Manufacturing industry in China, which has declined at a CAGR of 0.8 % between 2019 and 2024.

    Has the TV, DVD & Video Equipment Manufacturing industry in China grown or declined over the past 5 years?

    The market size of the TV, DVD & Video Equipment Manufacturing industry in China has been declining at a CAGR of 1.6 % between 2019 and 2024.

    What is the forecast growth of the TV, DVD & Video Equipment Manufacturing industry in China over the next 5 years?

    Over the next five years, the TV, DVD & Video Equipment Manufacturing industry in China is expected to decline.

    What does the TV, DVD & Video Equipment Manufacturing in China include?

    TVs and Laser disk players are part of the TV, DVD & Video Equipment Manufacturing industry.

    How competitive is the TV, DVD & Video Equipment Manufacturing industry in China?

    The level of competition is high and increasing in the TV, DVD & Video Equipment Manufacturing industry in China.

    Related Industries

    Widen your competitive advantage with related industries

    Competitors

    • There are no industries to display.

    Complementors

    • Air-Conditioner Manufacturing in China
    • Household Electrical Appliance Manufacturing in China
    • Audio Equipment Manufacturing in China

    International industries

    • Global Consumer Electronics Manufacturing
    • Alarm, Horn & Traffic Control Equipment Manufacturing in the US
    • Audio & Video Equipment Manufacturing in the US
    • Headphone Manufacturing in the US
    • Electronic Article Surveillance Product Manufacturing in the US

    View all industries in China

    Methodology

    How are IBISWorld reports created?

    IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

    Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

    IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

    What data sources do IBISWorld analysts use?

    Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

    Key data sources in China include:

    • National Bureau of Statistics China
    • General Administration of Customs
    • People’s Bank of China

    Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

    These sources include:

    • Industry and trade associations
    • Industry federations or regulators
    • Major industry players annual or quarterly filings

    Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

    How does IBISWorld forecast its data?

    IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

    IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

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