The
interlink between numerous factors are fueling this market. Technological
advancement and its deployment in home audio equipment in the form of connectivity
with PCs and smart phones and Internet of Things is considerably influencing
this market. The availability of smart flat screen TVs at budget friendly means
complements the adoption to accessories home audio equipment. The rising
purchasing power of the consumers especially in the developing countries
coupled with the inclination of the consumers on the various online streaming
platforms like Netflix, Amazon Prime and many more is augmenting this market. The
development of internet infrastructure, changing preference of the consumers
towards the 3D music systems and the increasing employment of home audio
equipment for sports and gaming purposes in festivals and many more is likely
to offer lucrative opportunities to this market.
The
global Home Audio Equipment market size is projected to reach US$ 51.26 billion
by 2028, from US$ 24.8 billion in 2020, at a CAGR of 9.5% during 2021-2028.
In
terms of production side, this report researches the Home Audio Equipment
production capacity, value, ex-factory price, growth rate, market share by
manufacturers, regions (or countries) and by Type.
In
terms of consumption side, this report focuses on the consumption of Home Audio
Equipment by regions (countries) and by Application.
The
global Home Audio Equipment market is thoroughly, accurately, and
comprehensively assessed in the report with a large focus on market dynamics,
market competition, regional growth, segmental analysis, and key growth
strategies. Buyers of the report will have access to verified market figures,
including global market size in terms of revenue and volume. As part of
production analysis, the authors of the report have provided reliable
estimations and calculations for global revenue and volume by Type segment of
the global Home Audio Equipment market. These figures have been provided in
terms of both revenue and volume for the period 2016-2028. Additionally, the
report provides accurate figures for production by region in terms of revenue
as well as volume for the same period. The report also includes production
capacity statistics for the same period.
Geographic Segmentation
The
report offers exhaustive assessment of different region-wise Home Audio
Equipment markets such as North America, Europe, China and Japan, etc. Key
regions covered in the report are U.S., Canada, Germany, France, U.K., Italy,
Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia,
Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia,
U.A.E
For
the period 2016-2028, the report provides country-wise revenue and volume sales
analysis and region-wise revenue and volume analysis of the global Home Audio
Equipment market. For the period 2020-2028, it provides sales (consumption)
analysis and forecast of different regional markets by each application as well
as type segment in terms of volume.
Manufacturers
The
report includes comprehensive company profiling of leading and emerging
companies competing in the global Home Audio Equipment market. It provides a
detailed list of players operating at a global level. The players have been
listed according to the type of products they offer in the global Home Audio
Equipment market and other factors. As part of the company profiling, the
analysts authoring the report has provided the market entry year of each player
considered for the research study. The report also offers extensive price,
volume sales, and revenue analysis by the manufacturer at the global level for
the period 2016-2028.
By Type and Application
Segments
The
report includes a detailed analysis of leading and type and application
segments of the global Home Audio Equipment market. All of the segments covered
in the report are broadly analyzed based on some deciding factors. The segmental
analysis section of the report offers revenue sales analysis and forecast of
the global Home Audio Equipment market by each type segment for the period
2016-2028. It also offers volume sales (consumption) analysis and forecast of
the global Home Audio Equipment market by each type segment for the same
period. Also, it provides volume sales (consumption) analysis and forecast of
the global Home Audio Equipment market by each application segment for the same
period.
This report includes the
following manufacturers:
Sony
Corporation
Bose
Corporation
Voxx
International Corporation
Pioneer
Corporation
Panasonic
Corporation
Yamaha
Corporation
Koninklijke
Philips NV
Samsung
Electronics Co Ltd
Bowers
& Wilkins Group Ltd
Apple
Inc
Market
Segment by Product Type
Home
Theater in-a-box
Home
Audio Systems
Home
Radios
Others
Market
Segment by Technology
Wired
Wireless
Market
Segment by Application
Use
for TVs
Use
for Computers
Others
Research Methodology
To
compile the detailed study of the global Home Audio Equipment market, a robust
research methodology has been adopted that aids in determining the key insights
and also evaluates the growth prospects of the Home Audio Equipment market. Data
Insights Partner Research analysts have conducted in-depth primary and
secondary research to obtain crucial insights into the Home Audio Equipment
market. To carry out secondary research, the analysts have collected the
information through company annual reports, journals, company press releases,
and paid databases that were referred to gain and identify better opportunities
in the global market.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Home Audio
Equipment market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2020-2028, taking into account 2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, competitive market strategies of leading market players,
emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Home Audio Equipment market is done by taking into account various parameters such
as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of Type of models, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Home Audio Equipment caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Home
Audio Equipment market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Home Audio Equipment market
v
Identification
of key factors driving investment opportunities in the Home Audio
Equipment market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key strengths
and weaknesses of important market participants