UK: Electricals - Audio Visual 2019-2024

UK: Electricals - Audio Visual 2019-2024

Summary

The HRS UK Audio Visual report offers comprehensive insight and analysis of the UK Audio Visual market (including forecasts up to 2024), the major players, the main trends, and consumer attitudes. It provides in-depth analysis of the following: market sizes and forecasts, retailer market shares, consumer data and future outlook.

The report focuses on televisions, visual players, TV set-top boxes, home audio equipment, portable audio equipment, optical equipment and games consoles. Consumer data is based on our 2019 UK Audio Visual survey, using a panel of 2,000 nationally representative consumers.

The audio visual market performed well in 2018, growing 2.4% , predominantly driven by games consoles, TVs and home audio equipment. Yet this performance will be difficult to replicate in 2019 and will result in the market contracting in 2019.

Scope

- 2019 will see the audio visual market stall after sporting events bolstered 2018’s performance.
- Dixons Carphone holds its position at first place as the clear market leader
- Consumers use the need to replace broken items as an excuse to invest in the latest technology.

Reasons to buy

- Learn how essential online is to the shopper journey within audio visual and how retailers can capitalise on the continued growth of this channel
- Identify opportunities within audio visual where consumers look to upgrade tired products, encouraging a shoppers to invest in newer technology
- Use our in-depth analysis of the leading retailers in audio visual in order to understand how to appeal shoppers and remain competitive in the market