The market is dominated by foreign suppliers, as imports account for 63.0% of total market size in 2024. Households drive market demand, with household spending representing 86.9% of total demand in 2024. The UK has the largest market size for television and radio receivers, sound and video recording devices regionally, with demand reaching USD20.2 billion in 2024. Harman International Industries Ltd is the largest company in the UK, generating 37.6% of the industry’s total production value in 2024. The industry is concentrated, with the top five companies generating 81.5% of total production value in 2024. The total number of companies increases in 2024, to 1,257 units. The costs of the industry increase by 6.2% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 16.0% of production value in 2024, the third highest regionally. The industry’s exports share decreases in 2024 to 25.6% of total production output. With production value of USD1.6 billion, the UK accounts for 8.7% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Television and Radio Receivers, Sound and Video Recording Devices in the United Kingdom: 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 the United Kingdom: ISIC 323 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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Television and Radio Receivers, Sound and Video Recording Devices in the United Kingdom: ISIC 323
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