Press release
Home Theatre Market Trend, Segmentation and Opportunities Forecast To 2025
Home theatre is can be defined as theater that is reproduced at home. It also consists of the audio and video systems that are produced to give the same effect as the one in theatre. It facilitates users with the option of internet streaming that enable them to access TV shows and web series. The emerging trend in the global home theatre market is due to many factors such as vendors’ collaboration for dynamic product generation, increase in adoption of cloud services and expansion of big players in emerging markets.
North America region accounts for highest share in home theatre market owing to rising demand from consumers towards high quality audio and sound systems. Asia-Pacific region is growing with the fastest CAGR in home theatre market owing to emergence of growing economies from the region and increase in purchasing power of people. Many small and medium size players from the region are contributing towards the growth of market.
In 2017, the global Home Theatre market size was 1100 million US$ and is forecast to 4050 million US in 2025, growing at a CAGR of 17.7% from 2018. The objectives of this study are to define, segment, and project the size of the Home Theatre market based on company, product type, application and key regions.
The various contributors involved in the value chain of Home Theatre include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Home Theatre include
Bose
LG Electronics
Panasonic
Samsung
Sony
Akai Electronics
Koninklijke Philips N.V.
Bowers & Wilkins
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Market Size Split by Type
Home Theatre in a Box System
Sound Bar
Component Systems
The study objectives of this report are:
To study and analyze the global Home Theatre market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Home Theatre market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Home Theatre manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Home Theatre with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Home Theatre submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Home Theatre are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Home Theatre 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, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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