openPR Logo
Press release

Home Audio Equipment Market Expected to Reach USD 20.68 Billion

Home Audio Equipment Market Expected to Reach USD 20.68 Billion

Advancement in audio technologies and development of advanced home entertainment products has increased the usage of home audio systems. Increase in disposable income has led to change in media consumption habits. People prefer to buy technologically advanced entertainment products such as computers, televisions, video game and smartphones among others.

There is increasing adoption of medium sized and large sized plasma, LCD and LED TVs. With increasing adoption of televisions and computers, space-efficient audio equipment that provides distinctive and powerful surround sound audio is increasingly used by consumers. In 2012, other home audio accessories segment which includes speakers, subwoofers, amplifiers, microphones, and others held the largest share of 31.5% of the total home audio equipment market. This dominance is due to the increasing usage of mobile devices. The demand for premium audio equipment accessories is also expected to increase during the forecast period.

Request PDF Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=437

Europe led the global home audio equipment market in 2012 followed by North America. This is mainly due to the increasing adoption of technologically advanced entertainment products in the regions as consumers in Europe are early adopters of new technologies such as Blu-ray players, smartphones and TVs.

The global home audio equipment market is highly fragmented and competitive. Major industry participants include Akai, Dolby Laboratories Inc., DTS Inc., JVC KENWOOD Holdings Inc., Koninklijke Philips Electronics NV, LG Electronics, Panasonic Corporation, Sanyo Electric Co. Ltd., Nakamichi Corporation, Onkyo Corporation, Pioneer Corporation, Sharp Corp., Sony Corporation.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Home Audio Equipment Market Expected to Reach USD 20.68 Billion here

News-ID: 1209838 • Views:

More Releases from Transparency Market Research

Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
In 2022, the worldwide 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 garnered a valuation of US$ 382.5 billion. Projections indicate a steady growth trajectory, with a compound annual growth rate (CAGR) of 13.1% anticipated from 2023 to 2031, ultimately culminating in a total valuation of US$ 1.1 trillion by the conclusion of 2031. Market analysts foresee a promising outlook characterized by the burgeoning prevalence of chronic diseases and the increasing adoption of smartphones and internet

All 5 Releases


More Releases for Corp

Investment Opportunities in 3D Display Market 2021-2027 for Sony Corp., Panasoni …
Allied Market Research published a new report, titled, "3D Display Market by Type (Volumetric Display, Stereoscopic Display, and HMD), Technology (Digital Light Processing (DLP), Plasma Display Panels (PDP), Organic LEDs (OLED), and LED), Access Methods (Screen Based Display and Micro Display), and Application (TV, Smartphones, Monitor, Mobile Computing Devices, Movie Projectors, HMD, and Others) - Global Opportunity Analysis and Industry Forecast, 2019-2027." The market report provides an all-inclusive analysis of the
Homeland Security Market Outlook - Post COVID-19 Scenario | IBM Corp, Lockheed M …
The homeland security market in Asia-Pacific region is projected to grow at significant rate during the forecast period, owing to increasing number terrorist activities, territorial wars, political unrest, protests, and government inclination towards police modernization in countries including India, Japan, China, and Sri Lanka. North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period due to heavy investment
Emerging 3D Display Market to 2027 | Sony Corp., Panasonic Corp., LG Electronics …
3D display provides three dimensional visualization and a sense of depth to the viewer. 3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense and engineering simulation. It is one of the new developments in the electronic industry as it offers a very immersive 3D viewing experience. Consumer electronics manufacturers (CEMs) are trying to change the user experience by enhancing their product
3D Display Market | Sony Corp., Panasonic Corp., LG Electronics Inc., Samsung El …
A new market research report on the Global 3D Display market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global 3D Display market. The Global 3D Display  analysis is broken down on different segmentation levels including Market By Type, By Technology, By Access Methods, By Application. 3D display is an emerging technology increasingly adopted in various fields such as gaming, photography, video, education, defense, and engineering simulation. It is one of the
3D TV Market Is Thriving Worldwide | LG Corp, Samsung, Sony Corp, Sharp Corp, To …
HTF MI recently introduced Global and India 3D TV Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are LG Corp, Samsung, Sony Corp, Sharp Corp, Toshiba Corp,
Global 4K Digital Signage Market 2018 - Sharp Corp., Sony Corp., JVC Kenwood Cor …
Apex Market Reports, recently published a detailed market research study focused on the “4K Digital Signage Market” across the global, regional and country level. The report provides 360° analysis of “4K Digital Signage Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of 4K