Global Home Audio Market Insights, Forecast to 2025

Home audio 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 market share in 2016. Other players include Yamaha, Harman, Onkyo (Pioneer), VIZIO, Samsung.
Europe Home Audio size stood as the largest market and was valued at USD 2481.75 Million in 2016 and is anticipated to grow at a CAGR of 3.31% from 2016 to 2022. 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 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.
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.

The Home Audio market was valued at 9720 Million US$ in 2018 and is projected to reach 12900 Million US$ by 2025, at a CAGR of 3.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Home Audio.

This report presents the worldwide Home Audio market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
LG
Sony
Panasonic
Bose
Yamaha
Harman
Onkyo (Pioneer)
VIZIO
Samsung
D+M Group (Sound United)
VOXX International
Nortek
Creative Technologies
EDIFIER

Home Audio Breakdown Data by Type
Home Theatre in-a-box (HTiB)
Home Audio Speakers and Systems
Other
Home Audio Breakdown Data by Application
Application I
Application II

Home Audio Production by Region
United States
Europe
China
Japan
South Korea
Other Regions

Home Audio Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Home Audio status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Home Audio manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Home Audio :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Home Audio market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

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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