Global Home Audio Equipment Market Insights, Forecast to 2025

Published Date : Mar 2019 | No. of Pages : 110 Pages | Category : Consumer Goods

This report studies the global market size of Home Audio Equipment in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Home Audio Equipment in these regions.
This research report categorizes the global Home Audio Equipment market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

Home audio equipment is audio electronics intended for home entertainment use, such as shelf stereos and surround sound receivers. Home audio generally is a series of accessory equipment, which may be intended to enhance or replace standard equipment, such as standard TV speakers. Since surround sound receivers, which are primarily intended to enhance the reproduction of a movie, are the most popular home audio device, the primary field of home audio is home cinema.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant products types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Despite the presence of competition problems, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.
In 2017, the global Home Audio Equipment market size was 9740 million US$ and is forecast to 12800 million US in 2025, growing at a CAGR of 3.5% from 2018. The objectives of this study are to define, segment, and project the size of the Home Audio Equipment market based on company, product type, application and key regions.

The various contributors involved in the value chain of Home Audio Equipment include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Home Audio Equipment include
LG
Sony
Panasonic
Bose
Yamaha
Harman
Onkyo (Pioneer)
VIZIO
Samsung
D+M Group (Sound United)
VOXX International
Nortek
Creative Technologies
EDIFIER

Market Size Split by Type
Home theatre in-a-box (HTiB)
Home audio speakers & soundbar
Others
Market Size Split by Application
Use for TVs
Use for Computers
Other

Market size split by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Home Audio Equipment market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Home Audio Equipment market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Home Audio Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Home Audio Equipment with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Home Audio Equipment submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Home Audio Equipment are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Home Audio Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.


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