The market is dominated by foreign suppliers, as imports account for 67.5% of total market size in 2024. Households drive market demand, with household spending representing 91.5% of total demand in 2024. Turkey has the seventh largest market size for television and radio receivers, sound and video recording devices regionally, with demand reaching USD3.2 billion in 2024. Vestel Elektronik San ve Tic AS is the largest company in Turkey, generating 43.1% of the industry’s total production value in 2024. The industry is concentrated, with the top five companies generating 69.6% of total production value in 2024. The total number of companies decreases in 2024, to 3,626 units. The costs of the industry increase by 4.3% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 10.4% of production value in 2024, the 15th highest regionally. The industry’s exports share decreases in 2024 to 49.9% of total production output. With production value of USD2.0 billion, Turkey accounts for 10.9% 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 Turkey: 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 Turkey: ISIC 323 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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