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LOUDSPEAKERS

Global Market Trajectory & Analytics

MCP-1224

VALIDATED EXECUTIVE ENGAGEMENTS

POOL + OUTREACH

2923
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

527
Interactions with Platform & by Email

PARTICIPANTS

88
Unique # Participated

VALIDATIONS

41
Responses Validated*
* Login to view program details and full enterprise executive list.

DATE

SEPTEMBER 2020

TABLES

120

PAGES

520

EDITION

17

PRICE

USD $5600


The global market for Loudspeakers is forecast to reach 51.2 billion units by 2024, driven by the rapid rise of streaming video-on-demand and parallel increase in at-home movie watching; growing number of cloud music streaming subscriptions and the resulting need for whole house music and multi-room audio systems. The market stands to benefit from the rise of at-home entertainment and the migration to digital forms of entertainment and service delivery platforms. Launch of bandwidth intensive 4G technology, massive improvements in audio and video streaming and development of affordable internet connected TVs are primary factors driving the home entertainment trend. Against the backdrop of the current golden age of digital entertainment, there is a radical increase in the number of hours spent by people watching movies, listening to music and playing video games at home.

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.
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
» Product Segment (Soundbars, Satellite/Subwoofer Speakers, Subwoofer Speakers, Outdoor Speakers, In-Wall Speakers, Other Product Segments)
» 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
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
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
Total Companies Profiled : 306 (including Divisions/Subsidiaries - 306)

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