Press release
Speaker Cone Material Market Analysis and Value Forecast Snapshot by End-use Industry 2018-2028
Speaker cone material or diaphragm material is the most important part of any speaker. The speaker cone material helps speaker cone in converting voice coil vibrations into audible sound. The speaker cone material helps in dispersion of sound frequencies throughout the listening environment. The speaker cone material possesses various properties, such as low mass, low coloration and controlled resonance. Polypropylene was used as a speaker cone material in the past. However, now, it has been replaced with a variety of materials, such as aluminum, kraft paper and other polymers. Metal speaker cone materials provide high durability and prevent dynamic compression and distortion. Some speaker cone materials are manufactured using the precision process, where they are subjected to high temperatures and pressures. The precision process used for the manufacturing of speaker cone materials is known as injection molding. Speaker cone materials manufactured using the injection molding process are superior quality speaker cone materials and thus, are more expensive than other cone materials. Depending on their end use, speaker cone materials are available in different types. Speaker cone materials find end-use applications in car speakers, home theater speakers, double speakers, TV speakers, multimedia speaker cones, etc.
Market Dynamics
The growth of the automotive industry is expected to drive the speaker cone materials market. The growth in the consumer electronics industry is expected to drive the market for speaker cone materials in near future. Aluminum speaker cone materials are expected to witness high growth as they provide better sound quality compared to other speaker cone materials. Use of speaker cone materials, such as titanium, silk or aluminum, in tweeters is the new trend nowadays. The high cost of some speaker cone materials is expected to slow down the growth of the speaker cone materials market during the forecast period. Some of the speaker cone materials, such as paper, absorb moisture from air and lose their original properties, which is another factor expected to retard the sales growth of speaker cone materials.
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Regional Outlook
North America has witnessed significant growth in the automotive and consumer electronics industries in recent years. The growth of these industries in North America region is expected to drive the market for speaker cone materials in the coming years. The European region, with its growing automotive and consumer electronics industry, is expected to create a variety of platforms for the sales of speaker cone materials in near future. Latin America region has witnessed moderate growth in the automotive industry in recent past. The growth of automotive industry in Latin America is expected to help in the growth of speaker cone material market up to a certain extent.
APEJ region is expected to boost the sales of speaker cone materials in near future. The booming automotive and consumer electronics industries in India and China are expected to be the key markets for the sales of speaker cone materials in near future. Middle East and Africa region has shown appreciable growth in the automotive industry and moderate growth in the consumer electronics industry. The growth of automotive and consumer electronics industries in the region is expected to help in the market growth of speaker cone materials. Japan with its well-established consumer electronics industry and moderately growing automotive industry is also expected to help drive the speaker cone materials market in near future.
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List of Participants
Some of the participants identified across the value chain of the speaker cone material market are:
Dr. Kurt Muller GmbH & Co, KG
Loudspeaker Components LLC
Ocean Electronics
RTP Company
Dass & Company
Harbeth Audio Ltd.,
Wharfedale
Vansonic Enterprise Co., Ltd
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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
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