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DATE
SEP 2020
TABLES
120
PAGES
520
EDITION
17
PRICE
USD $5600

With all current generation movies and videos featuring immersive HD image resolution and 7.1 surround sound, there is a strong need for high fidelity audio. Asia-Pacific ranks as the fastest growing market led by digitalizing lifestyles of the middle class population and a parallel increase in appetite for digital consumer technologies; increased consumer preference for affordable assembled speakers to supplement audio performance of flat panel TVs; developing internet and telecom industry and the resulting leapfrogging of Southeast Asian countries to digital forms of entertainment that provide opportunities for loudspeakers ranging from docking speakers, sound bars to whole house audio and multi-room sound solutions.
SELECT PLAYERS
Altec Lansing, LLC; Amaoto Industrial Co., Ltd.; B&W Group Ltd.; Bang & Olufsen; Bose Corporation; Boston Acoustics, Inc.; Cambridge SoundWorks; Creative Technology Ltd.; DEI Holdings Inc.; DEI Holdings Inc.; Focus Audio, Inc.; German Physiks; Harbeth Audio Ltd.; Harman International Industries, Inc.; Jean-Marie Reynaud; Klipsch Group, Inc.; Nortek Inc.; Polk Audio; QLN AB; Sammi Sound Tech Co Ltd.; Sonance, Inc.; Sonos. Inc.; SpeakerCraft, Inc.; Velodyne Acoustics, Inc.; VOXX International Corporation; Yamaha Corporation
SEGMENTS
» Product Segment (Soundbars, Satellite/Subwoofer Speakers, Subwoofer Speakers, Outdoor Speakers, In-Wall Speakers, Other Product Segments)
GEOGRAPHIES
» 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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* A review of 262 off-the-shelf market report publishers worldwide.
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INSIDER ACCESS PRIVILEGES
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE |
II. EXECUTIVE SUMMARY |
1. MARKET OVERVIEW |
Loudspeakers: An Introduction |
Market Outlook |
Regional Market Analysis |
Digital Boom and Growth in Music Streaming Drives Demand for Wireless Speakers |
EXHIBIT: Increasing Consumer Preference for Music Streaming Drives Demand for Multi-Room Wireless Speakers for Streaming Music from Cloud Servers: Global Number of Music Streaming Subscribers (In Million) for the Years 2010, 2015, 2017, 2019, 2021 & 2023 |
Rise in Home Entertainment Spending Drives Opportunities |
EXHIBIT: Global Number of SVoD Subscribers (In Million): 2015-2024 |
Competition |
Loudspeakers Competitor Market Share Scenario Worldwide (in %): 2019 |
Soundbars (Product Segment) Global Competitor Market Share Positioning for 2019 |
Recent Market Activity |
Impact of Covid-19 and a Looming Global Recession |
2. FOCUS ON SELECT PLAYERS |
Altec Lansing, LLC (USA) |
Bowers & Wilkins Group Limited (UK) |
Bose Corporation (USA) |
Boston Acoustics, Inc. (USA) |
Cambridge SoundWorks (USA) |
Creative Technology, Inc. (USA) |
Definitive Technology (USA) |
DEI Holdings, Inc. (USA) |
Sound United (USA) |
Polk Audio (USA) |
Harman International Industries, Inc. (USA) |
Bang & Olufsen (Denmark) |
KLH Audio (USA) |
LG Electronics, Inc. (South Korea) |
Panasonic Corporation (Japan) |
Philips North America Corporation (USA) |
SpeakerCraft (USA) |
Sonance (USA) |
Sonos Inc., (USA) |
Sony Corporation (Japan) |
VIZIO Inc. (USA) |
VOXX International Corporation (USA) |
Klipsch Group, Inc. (USA) |
Yamaha Corporation (Japan) |
3. MARKET TRENDS & DRIVERS |
Rise in Live Music Concerts and Events Drive Demand for high Quality Loud Speakers |
EXHIBIT: Global Live Music Concert Sales in US$ Billion: 2015-2025 |
Increasing Use of High-Quality Surround Sound Systems in Movie Theaters |
Growing Population of Music Listeners & Rise of Mass-Market Audiophiles Augments Business Prospects |
Wider Availability of High-Speed Internet Amplifies Music Listener Numbers |
EXHIBIT: Global Internet User Penetration Rate (in %) for the Years 2014, 2016, 2018, 2020, 2022 and 2024 |
EXHIBIT: Worldwide Mobile Data Traffic by Application (2009, 2017 & 2022): Percentage Breakdown of Monthly Data Traffic Volume for Video, Audio and Others |
Connectivity: A Critical Feature for Modern Speakers |
Technology Advancements Drive Significant Improvements in Speaker Systems |
Consistent Advancements in Components Helps Improve Sound Systems |
Researchers Develop Nanoscale Skin-Attachable Loudspeakers & Microphones for Audio Output |
AI-enabled Speakers and Use of Digital Assistants in Speaker Systems Continue to Grow in Popularity |
Development of Micro & Small Speakers and Innovative Designs to Produce High Sound from Tiny Devices |
Focus on High Quality Music and MQA Technology Drives Demand for Quality Systems |
Sleek, Unobtrusive, Visually Appealing Designs Gain Traction |
Omnidirectional Speakers Grow in Prominence |
Growing Focus on Environmental Stewardship Among Consumers Drives Interest in Eco-Friendly Green Speakers |
HVT Technology Gains Attention |
Despite the Advent of Smaller and Lighter Speakers, Bulkier and Larger Speakers Benefit from Better Performance Capabilities |
Satellite/Subwoofer Speakers: A Key Beneficiary of At-Home Entertainment |
Growing Popularity of Assembled Speakers Drives Demand for Standalone Subwoofers |
In-Wall Speakers Gain Consumer Interest |
Rise in Outdoor Living Trend Augurs Well for Outdoor Speakers |
Soundbars: A Growing Threat to Traditional Loudspeakers |
New Soundbars Set to Redefine User Listening Experience |
Rise in Penetration of Thin, Flat Panel TVs Fuels Demand for Soundbars |
EXHIBIT: Global Sales of Flat TVs (In Million Units) for the Years 2010, 2015 , 2020 & 2025 |
Increased Preference for Media Consumption on Smartphone Devices Drive Demand for Docking Speakers |
EXHIBIT: Growing Use of Smartphones for Music Listening to Benefit Demand for Docking Speakers: Use of Smartphones for Music Listening Presented as a % of Total Music Listeners in Select Countries Worldwide for the Year 2019 |
EXHIBIT: Continued Strong Growth in Smartphone Sales Expands the Addressable Market Opportunity for Docking Speakers: Global Sales of Smartphones (In Million Units) by Region for the Years 2019, 2020, and 2021 |
Favorable Demographic & Socio-Economic Trends Strengthen Market Prospects |
Rapid Growth in Urban Households |
EXHIBIT: World Urban Population in Millions: 1950-2050 |
EXHIBIT: Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 2000, 2020 & 2050 |
Growing Affluence of Middle Class Consumer Segment |
EXHIBIT: Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030 |
TABLE: Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030 |
Rising Living Standards |
Advent of E-commerce Boosts Sales of Loudspeakers |
Penetration of e-Commerce in the US: e-Commerce Sales as % of Total Retail Sales for the Years 2010, 2012, 2014, 2016 and 2018 |
Resolving Prevailing Issues: Critical for Future Success of the Market |
Counterfeit Products |
Prevalence of Unorganized Players |
Declining Margins |
Established Role of Headphones: Major Market Deterrent |
PRODUCT OVERVIEW |
Loudspeaker: A Technical Exposition |
Loudspeakers: A Technical Preview |
A Peek Into Technology Lifecycle of Loudspeakers |
Types of Loudspeakers |
4. GLOBAL MARKET PERSPECTIVE |
Loudspeakers Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
Loudspeakers Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2009-2017 |
Loudspeakers Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 |
Soundbars (Product Segment) World Market by Region/Country in US$ Thousand: 2018 to 2025 |
Soundbars (Product Segment) Historic Market Analysis by Region/Country in US$ Thousand: 2009 to 2017 |
Soundbars (Product Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025 |
Satellite/Subwoofer Speakers (Product Segment) Potential Growth Markets Worldwide in US$ Thousand: 2018 to 2025 |
Satellite/Subwoofer Speakers (Product Segment) Historic Market Perspective by Region/Country in US$ Thousand: 2009 to 2017 |
Satellite/Subwoofer Speakers (Product Segment) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025 |
Subwoofer Speakers (Product Segment) Geographic Market Spread Worldwide in US$ Thousand: 2018 to 2025 |
Subwoofer Speakers (Product Segment) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2009 to 2017 |
Subwoofer Speakers (Product Segment) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025 |
Outdoor Speakers (Product Segment) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2018 to 2025 |
Outdoor Speakers (Product Segment) Market Historic Review by Region/Country in US$ Thousand: 2009 to 2017 |
Outdoor Speakers (Product Segment) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 |
In-Wall Speakers (Product Segment) World Market by Region/Country in US$ Thousand: 2018 to 2025 |
In-Wall Speakers (Product Segment) Historic Market Analysis by Region/Country in US$ Thousand: 2009 to 2017 |
In-Wall Speakers (Product Segment) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025 |
Other Product Segments (Product Segment) World Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018 to 2025 |
Other Product Segments (Product Segment) Market Worldwide Historic Review by Region/Country in US$ Thousand: 2009 to 2017 |
Other Product Segments (Product Segment) Market Percentage Share Distribution by Region/Country: 2009 VS 2019 VS 2025 |
III. MARKET ANALYSIS |
GEOGRAPHIC MARKET ANALYSIS |
United States |
Market Overview |
Demand for Soundbars and Wireless Speakers on Rise |
Competition |
Distribuition Scenario |
United States Loudspeakers Market Estimates and Projections in US$ Thousand by Product Segment: 2018 to 2025 |
Loudspeakers Market in the United States by Product Segment: A Historic Review in US$ Thousand for 2009-2017 |
United States Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
Canada |
Canadian Loudspeakers Market Estimates and Forecasts in US$ Thousand by Product Segment: 2018 to 2025 |
Canadian Loudspeakers Historic Market Review by Product Segment in US$ Thousand: 2009-2017 |
Loudspeakers Market in Canada: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
Japan |
Japanese Market for Loudspeakers: Annual Sales Estimates and Projections in US$ Thousand by Product Segment for the Period 2018-2025 |
Loudspeakers Market in Japan: Historic Sales Analysis in US$ Thousand by Product Segment for the Period 2009-2017 |
Japanese Loudspeakers Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
China |
Market Overview |
Slim Designed Micro Speakers Gain Demand |
Chinese Loudspeakers Market Growth Prospects in US$ Thousand by Product Segment for the Period 2018-2025 |
Loudspeakers Historic Market Analysis in China in US$ Thousand by Product Segment: 2009-2017 |
Chinese Loudspeakers Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
Europe |
European Loudspeakers Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025 |
Loudspeakers Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2009-2017 |
European Loudspeakers Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 |
European Loudspeakers Market Estimates and Forecasts in US$ Thousand by Product Segment: 2018-2025 |
Loudspeakers Market in Europe in US$ Thousand by Product Segment: A Historic Review for the Period 2009-2017 |
European Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
France |
Loudspeakers Market in France by Product Segment: Estimates and Projections in US$ Thousand for the Period 2018-2025 |
French Loudspeakers Historic Market Scenario in US$ Thousand by Product Segment: 2009-2017 |
French Loudspeakers Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
Germany |
Loudspeakers Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2018-2025 |
German Loudspeakers Historic Market Analysis in US$ Thousand by Product Segment: 2009-2017 |
German Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
Italy |
Italian Loudspeakers Market Growth Prospects in US$ Thousand by Product Segment for the Period 2018-2025 |
Loudspeakers Historic Market Analysis in Italy in US$ Thousand by Product Segment: 2009-2017 |
Italian Loudspeakers Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
United Kingdom |
United Kingdom Market for Loudspeakers: Annual Sales Estimates and Projections in US$ Thousand by Product Segment for the Period 2018-2025 |
Loudspeakers Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Product Segment for the Period 2009-2017 |
United Kingdom Loudspeakers Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
Spain |
Spanish Loudspeakers Market Estimates and Forecasts in US$ Thousand by Product Segment: 2018 to 2025 |
Spanish Loudspeakers Historic Market Review by Product Segment in US$ Thousand: 2009-2017 |
Loudspeakers Market in Spain: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
Russia |
Russian Loudspeakers Market Estimates and Projections in US$ Thousand by Product Segment: 2018 to 2025 |
Loudspeakers Market in Russia by Product Segment: A Historic Review in US$ Thousand for 2009-2017 |
Russian Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
Rest of Europe |
Rest of Europe Loudspeakers Market Estimates and Forecasts in US$ Thousand by Product Segment: 2018-2025 |
Loudspeakers Market in Rest of Europe in US$ Thousand by Product Segment: A Historic Review for the Period 2009-2017 |
Rest of Europe Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
Asia-Pacific |
Asia-Pacific Loudspeakers Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
Loudspeakers Market in Asia-Pacific: Historic Market Analysis in US$ Thousand by Region/Country for the Period 2009-2017 |
Asia-Pacific Loudspeakers Market Share Analysis by Region/Country: 2009 VS 2019 VS 2025 |
Loudspeakers Market in Asia-Pacific by Product Segment: Estimates and Projections in US$ Thousand for the Period 2018-2025 |
Asia-Pacific Loudspeakers Historic Market Scenario in US$ Thousand by Product Segment: 2009-2017 |
Asia-Pacific Loudspeakers Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
Australia |
Loudspeakers Market in Australia: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2018-2025 |
Australian Loudspeakers Historic Market Analysis in US$ Thousand by Product Segment: 2009-2017 |
Australian Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
India |
India Witnesses Strong Demand Wireless Speakers |
Indian Loudspeakers Market Estimates and Forecasts in US$ Thousand by Product Segment: 2018 to 2025 |
Indian Loudspeakers Historic Market Review by Product Segment in US$ Thousand: 2009-2017 |
Loudspeakers Market in India: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
South Korea |
Loudspeakers Market in South Korea: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2018-2025 |
South Korean Loudspeakers Historic Market Analysis in US$ Thousand by Product Segment: 2009-2017 |
Loudspeakers Market Share Distribution in South Korea by Product Segment: 2009 VS 2019 VS 2025 |
Rest of Asia-Pacific |
Rest of Asia-Pacific Market for Loudspeakers: Annual Sales Estimates and Projections in US$ Thousand by Product Segment for the Period 2018-2025 |
Loudspeakers Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Thousand by Product Segment for the Period 2009-2017 |
Rest of Asia-Pacific Loudspeakers Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
Latin America |
Latin American Loudspeakers Market Trends by Region/Country in US$ Thousand: 2018-2025 |
Loudspeakers Market in Latin America in US$ Thousand by Region/Country: A Historic Perspective for the Period 2009-2017 |
Latin American Loudspeakers Market Percentage Breakdown of Sales by Region/Country: 2009, 2019, and 2025 |
Latin American Loudspeakers Market Growth Prospects in US$ Thousand by Product Segment for the Period 2018-2025 |
Loudspeakers Historic Market Analysis in Latin America in US$ Thousand by Product Segment: 2009-2017 |
Latin American Loudspeakers Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
Argentina |
Argentinean Loudspeakers Market Estimates and Forecasts in US$ Thousand by Product Segment: 2018-2025 |
Loudspeakers Market in Argentina in US$ Thousand by Product Segment: A Historic Review for the Period 2009-2017 |
Argentinean Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
Brazil |
Loudspeakers Market in Brazil by Product Segment: Estimates and Projections in US$ Thousand for the Period 2018-2025 |
Brazilian Loudspeakers Historic Market Scenario in US$ Thousand by Product Segment: 2009-2017 |
Brazilian Loudspeakers Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
Mexico |
Loudspeakers Market in Mexico: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2018-2025 |
Mexican Loudspeakers Historic Market Analysis in US$ Thousand by Product Segment: 2009-2017 |
Mexican Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
Rest of Latin America |
Rest of Latin America Loudspeakers Market Estimates and Projections in US$ Thousand by Product Segment: 2018 to 2025 |
Loudspeakers Market in Rest of Latin America by Product Segment: A Historic Review in US$ Thousand for 2009-2017 |
Rest of Latin America Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
Middle East |
The Middle East Loudspeakers Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025 |
Loudspeakers Market in the Middle East by Region/Country in US$ Thousand: 2009-2017 |
The Middle East Loudspeakers Market Share Breakdown by Region/Country: 2009, 2019, and 2025 |
The Middle East Loudspeakers Market Estimates and Forecasts in US$ Thousand by Product Segment: 2018 to 2025 |
The Middle East Loudspeakers Historic Market by Product Segment in US$ Thousand: 2009-2017 |
Loudspeakers Market in the Middle East: Percentage Share Breakdown of Sales by Product Segment for 2009, 2019, and 2025 |
Iran |
Iranian Market for Loudspeakers: Annual Sales Estimates and Projections in US$ Thousand by Product Segment for the Period 2018-2025 |
Loudspeakers Market in Iran: Historic Sales Analysis in US$ Thousand by Product Segment for the Period 2009-2017 |
Iranian Loudspeakers Market Share Analysis by Product Segment: 2009 VS 2019 VS 2025 |
Israel |
Israeli Loudspeakers Market Estimates and Forecasts in US$ Thousand by Product Segment: 2018-2025 |
Loudspeakers Market in Israel in US$ Thousand by Product Segment: A Historic Review for the Period 2009-2017 |
Israeli Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
Saudi Arabia |
Saudi Arabian Loudspeakers Market Growth Prospects in US$ Thousand by Product Segment for the Period 2018-2025 |
Loudspeakers Historic Market Analysis in Saudi Arabia in US$ Thousand by Product Segment: 2009-2017 |
Saudi Arabian Loudspeakers Market by Product Segment: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
United Arab Emirates |
Loudspeakers Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2018-2025 |
United Arab Emirates Loudspeakers Historic Market Analysis in US$ Thousand by Product Segment: 2009-2017 |
Loudspeakers Market Share Distribution in United Arab Emirates by Product Segment: 2009 VS 2019 VS 2025 |
Rest of Middle East |
Loudspeakers Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Thousand by Product Segment for the Period 2018-2025 |
Rest of Middle East Loudspeakers Historic Market Analysis in US$ Thousand by Product Segment: 2009-2017 |
Rest of Middle East Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
Africa |
African Loudspeakers Market Estimates and Projections in US$ Thousand by Product Segment: 2018 to 2025 |
Loudspeakers Market in Africa by Product Segment: A Historic Review in US$ Thousand for 2009-2017 |
African Loudspeakers Market Share Breakdown by Product Segment: 2009 VS 2019 VS 2025 |
IV. COMPETITION |
Total Companies Profiled : 306 (including Divisions/Subsidiaries - 306) Click here to request a full table of contents and more details on this project. |
KEY DIFFERENTIATORS
* A review of 262 off-the-shelf market report publishers worldwide.
WHAT SETS US APART
Client companies can access multiple features on our MarketGlass™ platform.
Clients have full-stack insider access to our ongoing primary research program. We have a very successful incentive driven primary research program that benefits participating executives regardless of their purchase decision. Our platform presents a unique opportunity to collaborate with peers and review competitors’ inputs and response clusters.
Detailed engagement stats are presented for every company and executive contacted. This is made available for our client reviews. (no other publisher offers this!)
A full-stack access to clients of all primary and secondary source content. This can often run into thousands of pages.
Where relevent and possible we present competitive brands.
Peer-to-peer online interactive collaborations. Allows for team curated bespoke analytics.
Customers can update and build bespoke versions of our analytics. Bespoke updates are fulfilled within a two-day turnaround.
Discretely bounce off queries to participant pool of executives. Our embedded AI selectively pings participants geographically and by domain acumen.
We pride in our commitment to provide support to our clients. We go beyond the scope of the study to get you timely answers.
Unlike the industry’s published PDF’s that are frozen in time from date of release, our research programs are ongoing and dynamic. Our reports are updated whenever there’s a major event impacting the marketplace. Your license offers seamless updates for one year.
All updates are offered for one year from date of your purchase without charge. Clients can opt for annual auto renewal and stay current without interruption.
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