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Global Market Trajectory & Analytics

MCP-1054

VALIDATED EXECUTIVE ENGAGEMENTS

POOL + OUTREACH

3136
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

564
Interactions with Platform & by Email

PARTICIPANTS

94
Unique # Participated

VALIDATIONS

42
Responses Validated*
* Login to view program details and full enterprise executive list.

DATE

JULY 2020

TABLES

111

PAGES

260

EDITION

16

PRICE

USD $5600


Amid the COVID-19 crisis, the global market for Home Audio Equipment estimated at US$23.6 Billion in the year 2020, is projected to reach a revised size of US$61.3 Billion by 2027, growing at a CAGR of 14.6% over the analysis period 2020-2027. Home Theater Systems, one of the segments analyzed in the report, is projected to record a 12.8% CAGR and reach US$23.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Smart Speakers segment is readjusted to a revised 16.9% CAGR for the next 7-year period.
The Home Audio Equipment market in the U.S. is estimated at US$6.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$16.3 Billion by the year 2027 trailing a CAGR of 21.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 12.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.5% CAGR.
In the global Sound Bars segment, USA, Canada, Japan, China and Europe will drive the 13% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.9 Billion in the year 2020 will reach a projected size of US$9.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$9.2 Billion by the year 2027, while Latin America will expand at a 15.8% CAGR through the analysis period. We bring years of research experience to this 16th edition of our report. The 260-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Bose Corp.; Boston Acoustics; Bowers & Wilkins; Creative Technologies, Ltd.; Denon Electronics (USA), LLC; Harman International Industries, Inc.; JVCKENWOOD USA Corp.; Klipsch Group, Inc.; LG Electronics; Nakamichi Corp.; Panasonic Corp.; Polk Audio; Samsung Electronics Co., Ltd.; Sharp Corp.; Sonos, Inc.; Sony Corporation; Velodyne Acoustics, Inc.; VIZIO, Inc.; VOXX International Corp.; Yamaha Corp.; Yamaha Corporation of America
» Product Segment (Home Theater Systems, Smart Speakers, Sound Bars, Home Audio Systems, Home Theater-in-a-Box)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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05
1. MARKET OVERVIEW
A Quick Market Primer
Product Innovations and Latest Technologies to Drive Home Audio Equipment Market
Home Theater-In-a-Box Holds Strong Potential for Growth
Recent Market Activity
Unit Shipments for Home Audio Systems and HTiB
Home Audio Equipment Market Witnesses Resurgence
Emerging Segments
Millennials Uplift New and Advanced Trends for Home Audio Technology
Floor-Standing Speakers
Type-C USB Connector
Ultra HD Premium Badge
4K Blu-ray
Product Factors Influencing the Market
A Peek into Consumer Behavior
Buyer Behavior towards Audio Systems
Types of Home-Theater Consumers
Competitive Landscape
Global Competitor Market Shares
Home Audio Equipment Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Bose Corporation (US)
Boston Acoustics (US)
Bowers & Wilkins (UK)
Creative Technologies, Ltd. (Singapore)
Denon Electronics (USA), LLC (US)
Harman International Industries, Inc. (US)
JVCKENWOOD USA Corporation (US)
LG Electronics (South Korea)
Nakamichi Corporation (Japan)
Panasonic Corporation (Japan)
Polk Audio (US)
Samsung Group (South Korea)
Samsung Electronics Co., Ltd. (South Korea)
Sharp Corporation (Japan)
Sonos, Inc. (US)
Sony Corporation (Japan)
Velodyne Acoustics, Inc. (US)
VIZIO, Inc. (US)
VOXX International Corporation (US)
Klipsch Group, Inc. (US)
Yamaha Corporation (Japan)
Yamaha Corporation of America (US)
3. MARKET TRENDS & DRIVERS
Demand for High Quality Audio Systems on the Rise
Technological Advancements Catalyzes Growth in Home Audio and Theater Market
Alternate Home Audio Solutions Gather Momentum
Future Remains Optimistic for Wireless Home Sound Systems
Devices with Wireless Connectivity to Boost Home Audio Market
New Products Swamp Wireless Home Audio System Market
Select Wireless Technology Trends Changing the Audio Equipment Landscape
Networking: A Prolific Aspect of Home Audio Equipment
Innovative Music Storage Options to Phase-Out Compact Disc Concept
Digital Living Room - A Key Growth Driver
Music Industry Adopts Significant Changes to Adapt to Technological Changes
Price Deflation - An Endemic Feature of Consumer Electronics Industry
Free and Low Cost Alternatives Threaten Home Audio Equipment Market
Product Differentiation is the Success Story
Soundbar Demand to See an Upswing
Component Speakers Adapting to Challenging Market Scenario
Challenges Abound in Feature-Rich AV Receivers Market
iPod Docks Come of Age
Conventional Speakers Shrink in Size, Expand in Fidelity
Alternative Technologies Thwart Popularity of Radio
Digital Radios Register Strong Growth
Internet Radio Popularity Grows
HD Audio Systems Enhance Internet Content
Satellite Boomboxes Hit the Market
Music Apps Revolutionizing Home Audio Market
Digital Room Acoustic Correction Offer Superior Listening Experience
Home Theater Systems Recreates Desirable Environment to Enhance User Experience
Loudspeakers Rise in Popularity
Innovation in Full Swing in the HTiB Market
Home Theater Market Slated to Register Steady Growth
4K with HDR
Floor-Standing Tower Speakers Gaining Space
Soundbars
Ultimate Remotes
Development of Multi-screen Environment
Better Wired and Wireless Home Network - Smarter TVs
Home Theater with Social Networking Capabilities
Move towards Hybrid Approach
Declining Price of Home Theater Products
The Next Generation of Portable Hi-Fi Sound Systems
Major Design Trends in Home Theaters
Multiple Screen Trend Here to Stay in Home and Professional Market
Hidden Equipment
Bigger Home Theaters Attracts Consumers Inclination
Multipurpose Rooms
Secondary Theaters
High-Res Audio: Key Trends
Smart Phones Playback High Resolution Audios
Wireless High Resolution Audio
Availability of High Resolution Audio Increases
Multi Room, Seamless, Audio Streaming Experience
Conversion of Vinyl Records into High Resolution Audio Trending
ACOUSTICS - TECHNOLOGICAL INNOVATIONS AND RESEARCH & DEVELOPMENT
Audio for the Telecommunications Field
Importance of Audio Forensics in Investigations and Law
Audio Signals' Coding
Evolution of Coder Structure
Integrated Speech and Audio Codec
Coding of Immersive or 3D Audio
Binaural Rendering on the Headphones
Addressing Variable Transmission Channel Capacity
Head-related Impulse Responses - a New Era of Audio Simulation and Processing
Innovations in Spatial Audio Coding Drives Segment Forward
Physical Aspects of Loudspeakers
Demand for Spatial Audio in Mobile Apps Drives Segment
Heavy Research on Synthesis of Audio Fields Gains Traction
Novel Technologies Propel Development of Aural Content Production
Immersive Audio Expands Geographic Presence of Digital Broadcasting
New Broadcasting Technologies Mushrooming Globally
Signal Distribution via Internet Streaming - Now Trending
Semantic Sound Analysis Opens up New Opportunities
On-Demand Music Streaming Gains Traction
Use of Source Separation Methods to Decipher Signals
Multiple Applications of Semantic Tools Push Segment Forward
Innovations in Semantic Analysis
Microphones and Technology
Transducer Technology
MEMS
Laser Technology
Ultrasonics
Optical Wave Microphone
Membrane Material
Microphones and Directivity
Multichannel Microphones
Microphone for 22.2 Multichannel Audio
Digital Adaptation of Microphone Technology: The Need of the Hour
Microphones and IP
Standards
Materials
Signal Processing for Audio: An Evolving One
Network Audio Systems: Standards and Associations
AES67
MNA
AVB
ACIP2
JT-NM
Internet Performance
Lip Sync Standard
Hearing Loss, Causes and Prevention - A Complementary Review
Audio Engineering Society Technical Committee (AESTC) Mission
Hearing Testing and Diagnosis
Hearing Loss-Types, Causes and Emerging Treatments
Prevention of Hearing Loss
Emerging Trends in High Resolution Audio
Latest Developments in the Distribution of HRA Files
Advancements in Signal Processing, Filters and Converters
Innovations in Hearing & Hearing Loss Prevention
Spatial Audio
Object-oriented Audio
Scene-oriented Audio
Hybrid Content Delivery
4. GLOBAL MARKET PERSPECTIVE
Home Audio Equipment Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
Home Audio Equipment Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017
Home Audio Equipment Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025
Home Theater Systems (Product Segment) World Market by Region/Country in US$ Million: 2018 to 2025
Home Theater Systems (Product Segment) Historic Market Analysis by Region/Country in US$ Million: 2009 to 2017
Home Theater Systems (Product Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025
Smart Speakers (Product Segment) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025
Smart Speakers (Product Segment) Historic Market Perspective by Region/Country in US$ Million: 2009 to 2017
Smart Speakers (Product Segment) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025
Sound Bars (Product Segment) Geographic Market Spread Worldwide in US$ Million: 2018 to 2025
Sound Bars (Product Segment) Region Wise Breakdown of Global Historic Demand in US$ Million: 2009 to 2017
Sound Bars (Product Segment) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025
GEOGRAPHIC MARKET ANALYSIS
United States
Market Facts & Figures
US Home Audio Equipment Market Share (in %) by Company: 2018 & 2025
United States Home Audio Equipment Market Estimates and Projections in US$ Million by Product Segment: 2018 to 2025
Home Audio Equipment Market in the United States by Product Segment: A Historic Review in US$ Million for 2009-2017
United States Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
Canada
Canadian Home Audio Equipment Market Estimates and Forecasts in US$ Million by Product Segment: 2018 to 2025
Canadian Home Audio Equipment Historic Market Review by Product Segment in US$ Million: 2009-2017
Home Audio Equipment Market in Canada: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025
Japan
Japanese Market for Home Audio Equipment: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2018-2025
Home Audio Equipment Market in Japan: Historic Sales Analysis in US$ Million by Product Segment for the Period 2009-2017
Japanese Home Audio Equipment Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025
China
Chinese Home Audio Equipment Market Growth Prospects in US$ Million by Product Segment for the Period 2018-2025
Home Audio Equipment Historic Market Analysis in China in US$ Million by Product Segment: 2009-2017
Chinese Home Audio Equipment Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025
Europe
Market Facts & Figures
European Home Audio Equipment Market: Competitor Market Share Scenario (in %) for 2018 & 2025
European Home Audio Equipment Market Demand Scenario in US$ Million by Region/Country: 2018-2025
Home Audio Equipment Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017
European Home Audio Equipment Market Share Shift by Region/Country: 2009 VS 2019 VS 2025
European Home Audio Equipment Market Estimates and Forecasts in US$ Million by Product Segment: 2018-2025
Home Audio Equipment Market in Europe in US$ Million by Product Segment: A Historic Review for the Period 2009-2017
European Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
France
Home Audio Equipment Market in France by Product Segment: Estimates and Projections in US$ Million for the Period 2018-2025
French Home Audio Equipment Historic Market Scenario in US$ Million by Product Segment: 2009-2017
French Home Audio Equipment Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025
Germany
Home Audio Equipment Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025
German Home Audio Equipment Historic Market Analysis in US$ Million by Product Segment: 2009-2017
German Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
Italy
Italian Home Audio Equipment Market Growth Prospects in US$ Million by Product Segment for the Period 2018-2025
Home Audio Equipment Historic Market Analysis in Italy in US$ Million by Product Segment: 2009-2017
Italian Home Audio Equipment Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025
United Kingdom
United Kingdom Market for Home Audio Equipment: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2018-2025
Home Audio Equipment Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Segment for the Period 2009-2017
United Kingdom Home Audio Equipment Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025
Spain
Spanish Home Audio Equipment Market Estimates and Forecasts in US$ Million by Product Segment: 2018 to 2025
Spanish Home Audio Equipment Historic Market Review by Product Segment in US$ Million: 2009-2017
Home Audio Equipment Market in Spain: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025
Russia
Russian Home Audio Equipment Market Estimates and Projections in US$ Million by Product Segment: 2018 to 2025
Home Audio Equipment Market in Russia by Product Segment: A Historic Review in US$ Million for 2009-2017
Russian Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
Rest of Europe
Rest of Europe Home Audio Equipment Market Estimates and Forecasts in US$ Million by Product Segment: 2018-2025
Home Audio Equipment Market in Rest of Europe in US$ Million by Product Segment: A Historic Review for the Period 2009-2017
Rest of Europe Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
Asia-Pacific
Asia-Pacific Home Audio Equipment Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
Home Audio Equipment Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2009-2017
Asia-Pacific Home Audio Equipment Market Share Analysis by Region/Country: 2009 VS 2019 VS 2025
Home Audio Equipment Market in Asia-Pacific by Product Segment: Estimates and Projections in US$ Million for the Period 2018-2025
Asia-Pacific Home Audio Equipment Historic Market Scenario in US$ Million by Product Segment: 2009-2017
Asia-Pacific Home Audio Equipment Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025
Australia
Home Audio Equipment Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025
Australian Home Audio Equipment Historic Market Analysis in US$ Million by Product Segment: 2009-2017
Australian Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
India
Indian Home Audio Equipment Market Estimates and Forecasts in US$ Million by Product Segment: 2018 to 2025
Indian Home Audio Equipment Historic Market Review by Product Segment in US$ Million: 2009-2017
Home Audio Equipment Market in India: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025
South Korea
Home Audio Equipment Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025
South Korean Home Audio Equipment Historic Market Analysis in US$ Million by Product Segment: 2009-2017
Home Audio Equipment Market Share Distribution in South Korea by Product Segment: 2009 VS 2019 VS 2025
Rest of Asia-Pacific
Rest of Asia-Pacific Market for Home Audio Equipment: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2018-2025
Home Audio Equipment Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Product Segment for the Period 2009-2017
Rest of Asia-Pacific Home Audio Equipment Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025
Latin America
Latin American Home Audio Equipment Market Trends by Region/Country in US$ Million: 2018-2025
Home Audio Equipment Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2009-2017
Latin American Home Audio Equipment Market Percentage Breakdown of Sales by Region/Country: 2009, 2019, and 2025
Latin American Home Audio Equipment Market Growth Prospects in US$ Million by Product Segment for the Period 2018-2025
Home Audio Equipment Historic Market Analysis in Latin America in US$ Million by Product Segment: 2009-2017
Latin American Home Audio Equipment Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025
Argentina
Argentinean Home Audio Equipment Market Estimates and Forecasts in US$ Million by Product Segment: 2018-2025
Home Audio Equipment Market in Argentina in US$ Million by Product Segment: A Historic Review for the Period 2009-2017
Argentinean Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
Brazil
Home Audio Equipment Market in Brazil by Product Segment: Estimates and Projections in US$ Million for the Period 2018-2025
Brazilian Home Audio Equipment Historic Market Scenario in US$ Million by Product Segment: 2009-2017
Brazilian Home Audio Equipment Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025
Mexico
Home Audio Equipment Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025
Mexican Home Audio Equipment Historic Market Analysis in US$ Million by Product Segment: 2009-2017
Mexican Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
Rest of Latin America
Rest of Latin America Home Audio Equipment Market Estimates and Projections in US$ Million by Product Segment: 2018 to 2025
Home Audio Equipment Market in Rest of Latin America by Product Segment: A Historic Review in US$ Million for 2009-2017
Rest of Latin America Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
Middle East
The Middle East Home Audio Equipment Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025
Home Audio Equipment Market in the Middle East by Region/Country in US$ Million: 2009-2017
The Middle East Home Audio Equipment Market Share Breakdown by Region/Country: 2009, 2019, and 2025
The Middle East Home Audio Equipment Market Estimates and Forecasts in US$ Million by Product Segment: 2018 to 2025
The Middle East Home Audio Equipment Historic Market by Product Segment in US$ Million: 2009-2017
Home Audio Equipment Market in the Middle East: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025
Iran
Iranian Market for Home Audio Equipment: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2018-2025
Home Audio Equipment Market in Iran: Historic Sales Analysis in US$ Million by Product Segment for the Period 2009-2017
Iranian Home Audio Equipment Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025
Israel
Israeli Home Audio Equipment Market Estimates and Forecasts in US$ Million by Product Segment: 2018-2025
Home Audio Equipment Market in Israel in US$ Million by Product Segment: A Historic Review for the Period 2009-2017
Israeli Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
Saudi Arabia
Saudi Arabian Home Audio Equipment Market Growth Prospects in US$ Million by Product Segment for the Period 2018-2025
Home Audio Equipment Historic Market Analysis in Saudi Arabia in US$ Million by Product Segment: 2009-2017
Saudi Arabian Home Audio Equipment Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025
United Arab Emirates
Home Audio Equipment Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025
United Arab Emirates Home Audio Equipment Historic Market Analysis in US$ Million by Product Segment: 2009-2017
Home Audio Equipment Market Share Distribution in United Arab Emirates by Product Segment: 2009 VS 2019 VS 2025
Rest of Middle East
Home Audio Equipment Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2018-2025
Rest of Middle East Home Audio Equipment Historic Market Analysis in US$ Million by Product Segment: 2009-2017
Rest of Middle East Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
Africa
African Home Audio Equipment Market Estimates and Projections in US$ Million by Product Segment: 2018 to 2025
Home Audio Equipment Market in Africa by Product Segment: A Historic Review in US$ Million for 2009-2017
African Home Audio Equipment Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025
Total Companies Profiled : 134

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