Home Theater Audio Systems Market 2022-2027
New Study Reports “Home Theater Audio Systems Market 2022, Global Segmentation, Demand, Growth, Trend, Opportunity Forecasts 2027” has been Added on PMR.
Report Overview
The report published on the Home Theater Audio Systems Market is a comprehensive analysis that includes the key parameters and indicators critical in understanding the market. The data from the years 2022 to 2030 has been used to present the market status and size. The study also covers the overall market valuation along with the CAGR for the forecast period. The introductory chapter presents an overview of the Home Theater Audio Systems Market along with the product definition and market scope. The report also analyzes consumer trends regarding the products along with the industry development trends.
Global sales of home theatre audio systems will account for revenues worth US$ 9,954 Mn in 2017, according to a report by Persistence Market Research (PMR). PMR’s report projects the global home theatre audio systems market to register 5% CAGR through 2027. Global sales of home theatre audio systems are estimated to reach nearly US$ 15,000 Mn in revenues by 2027-end.
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Multi-room audio systems, which enable to play songs through mobile application, are expected to pave huge opportunities for home theatre audio systems manufacturers. Integration of home audio systems with wearable devices have compelled manufacturers in developing smart and networked speakers.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Bose Corporation, Harman International Industries, Yamaha Corporation, Sony Corporation, Intex Technologies (India) Ltd, LG Electronics Inc., Samsung Electronics, Pioneer Corporation, VOXX International Corp, Sound United LLC, Koninklijke Philips N.V., Bowers & Wilkins, Pioneer Corporation, Bang & Olufsen, Braven LC, Sonos and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Home Theater Audio Systems.
Key Takeaways from Findings of PMR’s Report on Global Home Theatre Audio Systems Market
- Low-range home theatre audio systems will remain sought after, based on price range. Sales of premium home theatre audio systems will register fastest growth in the market. In addition, revenues from sales of mid-range home theatre audio systems will remain comparatively higher than that of premium home theatre audio systems.
- Un-organized retail stores will remain the most lucrative sales channel for home theatre audio systems, expanding at the highest CAGR through 2027. Sales of home theatre audio systems in organized sales channel will account for revenues worth US$ 5,909.2 Mn by 2027-end.
- By technology, Bluetooth home theatre audio systems will remain dominant in the market, followed by Wi-Fi. In addition, sales of Wi-Fi and NFC home theatre audio systems are estimated to exhibit parallel expansion at 4.8% CAGR through 2027.
- More than 40 Mn units of 9.1 channel & above home theatre audio systems are expected to be sold by 2027-end, based on channel type. In terms of volume, sales of 6.1 channel home theatre audio systems will comparatively lower than other channel type segments in the market.
- North America will continue to be dominant in the global home theatre audio systems market, with sales poised to reach US$ 4,748.8 Mn by 2027-end. Asia-Pacific (APAC) will remain the second largest market for home theatre audio systems, closely followed by Europe. However, sales in Europe will exhibit a comparatively higher CAGR than APAC through 2027.
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Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Arabia, South Africa etc.)
Key Stakeholders
Home Theater Audio Systems Market Manufacturers
Home Theater Audio Systems Market Distributors/Traders/Wholesalers
Home Theater Audio Systems Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Home Theater Audio Systems Market – Report Highlights
- A detailed overview of parent market of Home Theater Audio Systems Market
- Changing Home Theater Audio Systems Market dynamics in the industry
- In-depth segmentation of the Home Theater Audio Systems Market
- Historical, current, and projected Home Theater Audio Systems Market size regarding volume and value
- Recent industry trends and developments in Home Theater Audio Systems Market
- Competitive landscape of the Home Theater Audio Systems Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Home Theater Audio Systems Market performance
- Must-have information for Home Theater Audio Systems Market players to sustain and enhance their market footprint
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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