Audio & Video Equipment Manufacturers NAICS 334310

Sep 29, 2025 - Pro AV Industry Sees Growth Despite Inflation

• The August 2025 Pro AV Sales Index rose above 60, marking its strongest performance since March and signaling potential market momentum, according to the Audiovisual and Integrated Experience Association (AVIXA). An index of 50 indicates firms saw no growth or decline in business activity; more than 50 indicates an expansion, while less than 50 indicates a decrease. While inflation and cost pressures persist, fewer providers cited political uncertainty as a challenge. The index's uptick suggests growing demand for AV solutions, which may translate into increased orders for hardware, components, and integrated systems. Manufacturers that see sustained growth could justify scaling production, investing in innovation, and adjusting supply chains. Employment remained steady, with the AV Employment Index dipping slightly to 55.5. International billing improved to 59.2, the highest in over a year, while North America’s three-month average declined to 58.6.
• Consumer mood indicators in the US declined, signaling growing economic unease. The Consumer Confidence Index fell 1.3 points in August 2025, driven primarily by younger consumers under 35, while confidence among those over 55 improved. Despite the dip, overall confidence remained consistent with recent months. Separately, the University of Michigan’s Consumer Sentiment Index dropped to 55.4 in preliminary September data, down from 58.2 in August and 21% below September 2024 levels. Inflation expectati ons held steady, though concerns about pricing pressures, particularly from tariffs, persist. These indices reflect consumers’ outlook on personal finances and the broader economy, serving as key predictors of future spending behavior.

• Computer and Electronic Products, which includes audio and video equipment manufacturers, is one of the ten manufacturing industries reporting contraction in August’s Manufacturing ISM Report on Business. Computer and Electronic Products manufacturers reported increases in new orders, raw materials prices, and customers' inventories, while reporting lower employment, lower inventories, lower backlogs, and slower supplier deliveries. Other manufacturing industries reporting contraction during the period were Paper Products; Wood Products; Plastics & Rubber Products; Transportation Equipment; Furniture & Related Products; Machinery; Electrical Equipment, Appliances & Components; Chemical Products; and Fabricated Metal Products. Seven industries reporting growth were Apparel, Leather & Allied Products; Textile Mills; Nonmetallic Mineral Products; Food, Beverage & Tobacco Products; Petroleum & Coal Products; Miscellaneous Manufacturing; and Primary Metal. Overall, economic activity in the manufacturing sector contracted for the sixth consecutive month in August, with the Manufacturing PMI registering 48.7%.
• Sales for the US audio and video equipment manufacturers industry are projected to grow at a CAGR of 2.99% between 2025 and 2029, slower than the overall economy's projected growth, according to a forecast from Inforum and the Interindustry Economic Research Fund, Inc. The durable goods manufacturing sector forecast indicates that the labor force is expected to diminish, barring immigration reform that allows greater numbers. However, new technologies could support labor productivity for the industry. According to the forecast, investment in manufacturing facilities could stem from a range of factors, including the need to shorten supply chains after disruptions to domestic and foreign production and freight transportation during the pandemic. Consumer sentiment is expected to improve in the forecast period, which bodes well for the sector. A factor that may curb consumer spending is higher tariffs on consumer goods.