Global Home Theater Market 2018 : Startup Strategy Resources, Grow Pricing Activity and Forecasts to 2023

Industry Scenario

A home theater refers to a set of audio systems that are interconnected with audio and video systems like a DVD/Blu-ray player, TV, or other sound systems. The global market for home theaters is expected to witness steady growth during the forecast period and is influenced by factors like the growing number of smart homes across the globe

Home theatre systems have gained significant demand among the consumers during the recent years. This is due to the growing income levels of the population around the globe and the desire to spend more on entertainment solutions. Home theater products include various components such as sound and display systems, media players, storage devices and theater-in-a-box systems. Theater-in-box systems consist of various channels such as 5.1 channel, 6.1 channel, 7.1 channel, 9.1 channel. There is a constant increase in the number of stores selling large-sized televisions with high screen resolution, projectors and home theatre systems. With continuous improvements in the quality of equipment, consumers can enjoy an exclusive movie theater experience in the comfort of their own homes. There is also a growing trend of offering video playback feature in the home theatre systems.

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The home theatre market is highly competitive with several large and emerging players operating in the market. The competition is expected to increase further during the coming years. Increase in competition is expected to lower the average selling prices and this is expected to benefit the consumers during the coming years.

Top Industry Player’s

LG Electronics, Panasonic, Bose, Sony, Samsung Electronics, Bowers & Wilkins, Atlantic Technology, D&M, Definitive Technology, GoldenEar Technology, Philips, Monitor Audio, Pioneer, Sharp, Toshiba, Sonos, Harman

The growing number of smart homes, to incite the prospects for growth in this market during the forecast period. Home theaters play a critical role in the functioning of smart homes as they replace the traditional audio systems in smart TVs and gaming consoles. Additionally, the increased spending capacity of consumers in developing countries across the globe is expected to be a significant factor that will foster growth in this market during the forecast period.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the home theater market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Market Segments

Household Use, Commercial Use

Region Coverage (Regional Output, 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.)"

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