Home Audio Equipment Market is expected to reach 26000 million US$ by 2025 – QY Research

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This report studies the Home Audio Equipment market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

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.

Sony Corporation, LG Electronics, Bose and Panasonic Corporation are the key players and accounted for over 50% of the overall home audio equipment market share in 2015. Other players include Yamaha, Harman, Onkyo (Pioneer), VIZIO, Samsung, JVC Kenwood and Sharp.

Europe home audio equipment size stood as the largest market. The region is likely to continue its dominance over the forecast period due to early adoption of home audio devices. In addition, presence of high number of technology consciousness people is also likely to surge the demand. The segment is accounts for about 21.45 percent market share. Other major regions, such as USA and Japan, are total accounted for 28.61% in 2015.

The global Home Audio Equipment market was 19500 million US$ in 2017 and is expected to 26000 million US$ by the end of 2025, growing at a CAGR of 0.036 between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Home Audio Equipment in these regions, from 2013 to 2025, covering

    North America (United States, Canada and Mexico)

    Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

    Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

    South America (Brazil etc.)

    Middle East and Africa (Egypt and GCC Countries)

 

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

    LG

    Sony

    Panasonic

    Bose

    Yamaha

    Harman

    Onkyo (Pioneer)

    VIZIO

    Samsung

    JVC Kenwood

    Sharp

    VOXX International

    Nortek

    Creative Technologies

    EDIFIER

 

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By the product type, the market is primarily split into

    Home theatre in-a-box (HTiB)

    Home audio speakers & soundbar

    Others

By the end users/application, this report covers the following segments

    Use for TVs

    Use for Computers

    Other

 

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