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Home Audio Equipment Market, Global Outlook and Forecast 2023-2029

Home Audio Equipment Market, Global Outlook and Forecast 2023-2029

  • Published on : 21 March 2023
  • Pages :72
  • Report Code:SMR-7607803

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Report overview

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.
This report aims to provide a comprehensive presentation of the global market for Home Audio Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Home Audio Equipment. This report contains market size and forecasts of Home Audio Equipment in global, including the following market information:
Global Home Audio Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Home Audio Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Home Audio Equipment companies in 2022 (%)
The global Home Audio Equipment market was valued at US$ 11580 million in 2022 and is projected to reach US$ 14580 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Home Audio Equipment key players include LG, Sony, Panasonic, Bose, Samsung, etc. Global top five manufacturers hold a share over 55%.
Asia-Pacific is the largest market, with a share over 35%, followed by Europe and North America, both have a share over 50%.
In terms of product, Home Theatre in-a-box (HTiB) is the largest segment, with a share over 60%.
We surveyed the Home Audio Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Home Audio Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Home Audio Equipment Market Segment Percentages, by Type, 2022 (%)
Home Theatre In-a-Box (HTiB)
Home Audio Speakers and Soundbar
Others
Global Home Audio Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Home Audio Equipment Market Segment Percentages, by Application, 2022 (%)
TVs
Computers
Others
Global Home Audio Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Home Audio Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Home Audio Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Home Audio Equipment revenues share in global market, 2022 (%)
Key companies Home Audio Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Home Audio Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
LG
Sony
Panasonic
Bose
Yamaha
Harman
Onkyo (Pioneer)
VIZIO
Samsung
D+M Group (Sound United)
VOXX International
Nortek
Creative Technologies
EDIFIER
Outline of Major Chapters:
Chapter 1: Introduces the definition of Home Audio Equipment, market overview.
Chapter 2: Global Home Audio Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Home Audio Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Home Audio Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Home Audio Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.