"Home Audio and Cinema in Hungary" Published

The once-popular home audio and cinema systems are over their peak sales period and other, more innovative consumer electronics, such as smart TVs and portable devices, are cannibalising their share of consumer budgets. 2015 volume sales are expected to decline by 2%, whilst value sales are expected to decline by 1%, showing a better performance compared to the review period CAGR.

Competitive Landscape

Home audio and cinema sales is led by Sony with 20% volume share expected in 2015, closely followed by Samsung taking 18% total volume share followed by Philips, LG and Panasonic. The five leading companies have been well established on the Hungarian market for a long period across several consumer electronics and appliance categories and they enjoy high brand familiarity, excellent distribution and service.

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Industry Prospects

Home audio and cinema is expected to record a -2% CAGR in volume and -1% CAGR in value at constant 2015 prices during the forecast period. The expected 2% CAGR volume decline during the forecast period is better compared to the -4% CAGR of the review period, when demand was hit by budget cuts during the recession.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Home Audio and Cinema industry in Hungary with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Home Audio and Cinema industry in Hungary, our research will save you time and money while empowering you to make informed, profitable decisions.

The Home Audio and Cinema in Hungary market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Home Audio and Cinema in Hungary?
* What are the major brands in Hungary?
* What is the growth rate for Home Cinema and Speaker Systems?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

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