Global Home Audio Equipment Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2020-2026
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
In 2019, the global Home Audio Equipment market size was US$ 10470 million and it is expected to reach US$ 13350 million by the end of 2026, with a CAGR of 3.5% during 2021-2026.
Global Home Audio Equipment Scope and Market Size
Home Audio Equipment market is segmented by region, by country, company, type, application and by sales channels. 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, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Home Audio Equipment market is segmented into
Home theatre in-a-box (HTiB)
Home audio speakers & soundbar
Others
Segment by Application, the Home Audio Equipment market is segmented into
Use for TVs
Use for Computers
Other
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Home Audio Equipment market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Home Audio Equipment product introduction, recent developments, Home Audio Equipment sales by region, type, application and by sales channel.
The major companies include:
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
In 2019, the global Home Audio Equipment market size was US$ 10470 million and it is expected to reach US$ 13350 million by the end of 2026, with a CAGR of 3.5% during 2021-2026.
Global Home Audio Equipment Scope and Market Size
Home Audio Equipment market is segmented by region, by country, company, type, application and by sales channels. 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, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Home Audio Equipment market is segmented into
Home theatre in-a-box (HTiB)
Home audio speakers & soundbar
Others
Segment by Application, the Home Audio Equipment market is segmented into
Use for TVs
Use for Computers
Other
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Home Audio Equipment Market Share AnalysisHome Audio Equipment market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Home Audio Equipment product introduction, recent developments, Home Audio Equipment sales by region, type, application and by sales channel.
The major companies include:
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.
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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.
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