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Home Audio-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Home Audio market size is expected to reach US$ 14580 million by 2029, growing at a CAGR of 3.7% from 2023 to 2029. The market is mainly driven by the significant applications of Home Audio in various end use industries. The expanding demands from the Home Stereo Listeners, Audiophiles and Home Audio Enthusiasts,, are propelling Home Audio market. Home Theatre in-a-box (HTiB), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Home Audio Speakers and Systems segment is estimated at % CAGR for the next seven-year period.
Sony Corporation, LG Electronics, Bose and Panasonic Corporation are the key players and accounted for over 50% of the overall Home Audio market share. Other players include Yamaha, Harman, Onkyo (Pioneer), VIZIO, Samsung.
Europe is the largest consumption place, with a consumption market share nearly 29%. Following Europe, China is the second largest consumption place with the consumption market share of 22%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Home Audio, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Home Audio market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Home Audio market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Home Audio sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Home Audio covered in this report include LG, Sony, Panasonic, Bose, Yamaha, Harman, Onkyo (Pioneer), VIZIO and Samsung, etc.
The global Home Audio market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
LG
Sony
Panasonic
Bose
Yamaha
Harman
Onkyo (Pioneer)
VIZIO
Samsung
D+M Group (Sound United)
VOXX International
Nortek
Creative Technologies
EDIFIER
Global Home Audio market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Home Audio market, Segment by Type:
Home Theatre in-a-box (HTiB)
Home Audio Speakers and Systems
Others
Global Home Audio market, by Application
Home Stereo Listeners
Audiophiles
Home Audio Enthusiasts
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Home Audio manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Home Audio in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Home Audio market size is expected to reach US$ 14580 million by 2029, growing at a CAGR of 3.7% from 2023 to 2029. The market is mainly driven by the significant applications of Home Audio in various end use industries. The expanding demands from the Home Stereo Listeners, Audiophiles and Home Audio Enthusiasts,, are propelling Home Audio market. Home Theatre in-a-box (HTiB), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Home Audio Speakers and Systems segment is estimated at % CAGR for the next seven-year period.
Sony Corporation, LG Electronics, Bose and Panasonic Corporation are the key players and accounted for over 50% of the overall Home Audio market share. Other players include Yamaha, Harman, Onkyo (Pioneer), VIZIO, Samsung.
Europe is the largest consumption place, with a consumption market share nearly 29%. Following Europe, China is the second largest consumption place with the consumption market share of 22%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Home Audio, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Home Audio market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Home Audio market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Home Audio sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Home Audio covered in this report include LG, Sony, Panasonic, Bose, Yamaha, Harman, Onkyo (Pioneer), VIZIO and Samsung, etc.
The global Home Audio market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
LG
Sony
Panasonic
Bose
Yamaha
Harman
Onkyo (Pioneer)
VIZIO
Samsung
D+M Group (Sound United)
VOXX International
Nortek
Creative Technologies
EDIFIER
Global Home Audio market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Home Audio market, Segment by Type:
Home Theatre in-a-box (HTiB)
Home Audio Speakers and Systems
Others
Global Home Audio market, by Application
Home Stereo Listeners
Audiophiles
Home Audio Enthusiasts
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Home Audio manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Home Audio in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Home Audio Market Overview
1.1 Home Audio Product Overview
1.2 Home Audio Market Segment by Type
1.2.1 Home Theatre in-a-box (HTiB)
1.2.2 Home Audio Speakers and Systems
1.2.3 Others
1.3 Global Home Audio Market Size by Type
1.3.1 Global Home Audio Market Size Overview by Type (2018-2029)
1.3.2 Global Home Audio Historic Market Size Review by Type (2018-2023)
1.3.3 Global Home Audio Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Home Audio Sales Breakdown by Type (2018-2023)
1.4.2 Europe Home Audio Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Home Audio Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Home Audio Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Home Audio Sales Breakdown by Type (2018-2023)
2 Global Home Audio Market Competition by Company
2.1 Global Top Players by Home Audio Sales (2018-2023)
2.2 Global Top Players by Home Audio Revenue (2018-2023)
2.3 Global Top Players by Home Audio Price (2018-2023)
2.4 Global Top Manufacturers Home Audio Manufacturing Base Distribution, Sales Area, Product Type
2.5 Home Audio Market Competitive Situation and Trends
2.5.1 Home Audio Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Home Audio Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Home Audio as of 2022)
2.7 Date of Key Manufacturers Enter into Home Audio Market
2.8 Key Manufacturers Home Audio Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Home Audio Status and Outlook by Region
3.1 Global Home Audio Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Home Audio Historic Market Size by Region
3.2.1 Global Home Audio Sales in Volume by Region (2018-2023)
3.2.2 Global Home Audio Sales in Value by Region (2018-2023)
3.2.3 Global Home Audio Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Home Audio Forecasted Market Size by Region
3.3.1 Global Home Audio Sales in Volume by Region (2024-2029)
3.3.2 Global Home Audio Sales in Value by Region (2024-2029)
3.3.3 Global Home Audio Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Home Audio by Application
4.1 Home Audio Market Segment by Application
4.1.1 Home Stereo Listeners
4.1.2 Audiophiles
4.1.3 Home Audio Enthusiasts
4.2 Global Home Audio Market Size by Application
4.2.1 Global Home Audio Market Size Overview by Application (2018-2029)
4.2.2 Global Home Audio Historic Market Size Review by Application (2018-2023)
4.2.3 Global Home Audio Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Home Audio Sales Breakdown by Application (2018-2023)
4.3.2 Europe Home Audio Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Home Audio Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Home Audio Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Home Audio Sales Breakdown by Application (2018-2023)
5 North America Home Audio by Country
5.1 North America Home Audio Historic Market Size by Country
5.1.1 North America Home Audio Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Home Audio Sales in Volume by Country (2018-2023)
5.1.3 North America Home Audio Sales in Value by Country (2018-2023)
5.2 North America Home Audio Forecasted Market Size by Country
5.2.1 North America Home Audio Sales in Volume by Country (2024-2029)
5.2.2 North America Home Audio Sales in Value by Country (2024-2029)
6 Europe Home Audio by Country
6.1 Europe Home Audio Historic Market Size by Country
6.1.1 Europe Home Audio Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Home Audio Sales in Volume by Country (2018-2023)
6.1.3 Europe Home Audio Sales in Value by Country (2018-2023)
6.2 Europe Home Audio Forecasted Market Size by Country
6.2.1 Europe Home Audio Sales in Volume by Country (2024-2029)
6.2.2 Europe Home Audio Sales in Value by Country (2024-2029)
7 Asia-Pacific Home Audio by Region
7.1 Asia-Pacific Home Audio Historic Market Size by Region
7.1.1 Asia-Pacific Home Audio Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Home Audio Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Home Audio Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Home Audio Forecasted Market Size by Region
7.2.1 Asia-Pacific Home Audio Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Home Audio Sales in Value by Region (2024-2029)
8 Latin America Home Audio by Country
8.1 Latin America Home Audio Historic Market Size by Country
8.1.1 Latin America Home Audio Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Home Audio Sales in Volume by Country (2018-2023)
8.1.3 Latin America Home Audio Sales in Value by Country (2018-2023)
8.2 Latin America Home Audio Forecasted Market Size by Country
8.2.1 Latin America Home Audio Sales in Volume by Country (2024-2029)
8.2.2 Latin America Home Audio Sales in Value by Country (2024-2029)
9 Middle East and Africa Home Audio by Country
9.1 Middle East and Africa Home Audio Historic Market Size by Country
9.1.1 Middle East and Africa Home Audio Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Home Audio Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Home Audio Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Home Audio Forecasted Market Size by Country
9.2.1 Middle East and Africa Home Audio Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Home Audio Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 LG
10.1.1 LG Company Information
10.1.2 LG Introduction and Business Overview
10.1.3 LG Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.1.4 LG Home Audio Products Offered
10.1.5 LG Recent Development
10.2 Sony
10.2.1 Sony Company Information
10.2.2 Sony Introduction and Business Overview
10.2.3 Sony Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Sony Home Audio Products Offered
10.2.5 Sony Recent Development
10.3 Panasonic
10.3.1 Panasonic Company Information
10.3.2 Panasonic Introduction and Business Overview
10.3.3 Panasonic Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Panasonic Home Audio Products Offered
10.3.5 Panasonic Recent Development
10.4 Bose
10.4.1 Bose Company Information
10.4.2 Bose Introduction and Business Overview
10.4.3 Bose Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Bose Home Audio Products Offered
10.4.5 Bose Recent Development
10.5 Yamaha
10.5.1 Yamaha Company Information
10.5.2 Yamaha Introduction and Business Overview
10.5.3 Yamaha Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Yamaha Home Audio Products Offered
10.5.5 Yamaha Recent Development
10.6 Harman
10.6.1 Harman Company Information
10.6.2 Harman Introduction and Business Overview
10.6.3 Harman Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Harman Home Audio Products Offered
10.6.5 Harman Recent Development
10.7 Onkyo (Pioneer)
10.7.1 Onkyo (Pioneer) Company Information
10.7.2 Onkyo (Pioneer) Introduction and Business Overview
10.7.3 Onkyo (Pioneer) Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Onkyo (Pioneer) Home Audio Products Offered
10.7.5 Onkyo (Pioneer) Recent Development
10.8 VIZIO
10.8.1 VIZIO Company Information
10.8.2 VIZIO Introduction and Business Overview
10.8.3 VIZIO Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.8.4 VIZIO Home Audio Products Offered
10.8.5 VIZIO Recent Development
10.9 Samsung
10.9.1 Samsung Company Information
10.9.2 Samsung Introduction and Business Overview
10.9.3 Samsung Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Samsung Home Audio Products Offered
10.9.5 Samsung Recent Development
10.10 D+M Group (Sound United)
10.10.1 D+M Group (Sound United) Company Information
10.10.2 D+M Group (Sound United) Introduction and Business Overview
10.10.3 D+M Group (Sound United) Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.10.4 D+M Group (Sound United) Home Audio Products Offered
10.10.5 D+M Group (Sound United) Recent Development
10.11 VOXX International
10.11.1 VOXX International Company Information
10.11.2 VOXX International Introduction and Business Overview
10.11.3 VOXX International Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.11.4 VOXX International Home Audio Products Offered
10.11.5 VOXX International Recent Development
10.12 Nortek
10.12.1 Nortek Company Information
10.12.2 Nortek Introduction and Business Overview
10.12.3 Nortek Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Nortek Home Audio Products Offered
10.12.5 Nortek Recent Development
10.13 Creative Technologies
10.13.1 Creative Technologies Company Information
10.13.2 Creative Technologies Introduction and Business Overview
10.13.3 Creative Technologies Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Creative Technologies Home Audio Products Offered
10.13.5 Creative Technologies Recent Development
10.14 EDIFIER
10.14.1 EDIFIER Company Information
10.14.2 EDIFIER Introduction and Business Overview
10.14.3 EDIFIER Home Audio Sales, Revenue and Gross Margin (2018-2023)
10.14.4 EDIFIER Home Audio Products Offered
10.14.5 EDIFIER Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Home Audio Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Home Audio Industrial Chain Analysis
11.4 Home Audio Market Dynamics
11.4.1 Home Audio Industry Trends
11.4.2 Home Audio Market Drivers
11.4.3 Home Audio Market Challenges
11.4.4 Home Audio Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Home Audio Distributors
12.3 Home Audio Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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