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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 product’s 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.
Market Analysis and Insights: Global Home Audio Equipment Market
The global Home Audio Equipment market was valued at US$ 11240 in 2020 and will reach US$ 13820 million by the end of 2027, growing at a CAGR of 3.5% during 2022-2027.
Global Home Audio Equipment Scope and Market Size
The global Home Audio Equipment market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Home Audio Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Home Theatre In-a-Box (HTiB)
Home Audio Speakers & Soundbar
Others
Segment by Application
TVs
Computers
Others
The Home Audio Equipment market is analysed and market size information is provided by regions (countries). Segment by Application, the Home Audio Equipment market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
LG
Sony
Panasonic
Bose
Yamaha
Harman
Onkyo (Pioneer)
VIZIO
Samsung
D+M Group (Sound United)
VOXX International
Nortek
Creative Technologies
EDIFIER
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 product’s 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.
Market Analysis and Insights: Global Home Audio Equipment Market
The global Home Audio Equipment market was valued at US$ 11240 in 2020 and will reach US$ 13820 million by the end of 2027, growing at a CAGR of 3.5% during 2022-2027.
Global Home Audio Equipment Scope and Market Size
The global Home Audio Equipment market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Home Audio Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Home Theatre In-a-Box (HTiB)
Home Audio Speakers & Soundbar
Others
Segment by Application
TVs
Computers
Others
The Home Audio Equipment market is analysed and market size information is provided by regions (countries). Segment by Application, the Home Audio Equipment market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
LG
Sony
Panasonic
Bose
Yamaha
Harman
Onkyo (Pioneer)
VIZIO
Samsung
D+M Group (Sound United)
VOXX International
Nortek
Creative Technologies
EDIFIER
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
