Press release
Home Theatre Market Research and Analysis 2019-2023 | Samsung Electronics Co. Ltd., Sony Corporation, Akai Electronics, Koninklijke Philips N.V., Bowers & Wilkins
Home Theatre Market, By Component (Sound & Display Systems, Storage Devices, Media Players), By Type (Home Theatre in a Box System, Sound Bar, Component Systems) - Forecast 2023Key Players
The prominent players in the Home Theatre Market - Bose Corporation (U.S.), LG Electronics (South Korea), Panasonic Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Akai Electronics (Japan), Koninklijke Philips N.V., (Neatherlands), Bowers & Wilkins (U.K.), Atlantic Technology (U.S.), Toshiba Corporation (Japan) among others.
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Market Highlights
By region, MRFR analysis shows that North America region accounts for largest market in home theatre market because of emerging economies and consumer demand for superior audio and video systems from the region. North America is also one of the prominent region in the market because of high spending power of consumers. Europe region is constantly investing into research and development of home theatre market to directly address the needs of customers. North-America region accounts for highest share in home theatre market owing to consumer demand for smart home, increase adoption of cloud services and high purchasing power of people is contributing towards the growth of market in the region.
The Home Theatre Market is growing rapidly over 19% of CAGR and is expected to reach at USD 31 billion by the end of forecast period.
Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Home Theatre Market Research Report -Forecast to 2023”.
Segmentation
The home theatre market has been segmented on the basis of component and type. By component it consists of sound and display systems, media players, storage devices and others. Storage devices are of many types. Now a day’s solid-state drive also known flash memory is most commonly used. It is one of the most expensive storage devices and performs more efficiently and faster than other storage devices.
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Market Research Analysis:
Market Research Future Analysis shows that new adoptions of high-tech methods. Asia-Pacific region is mainly dominating the market because of advanced technology implementation in display resolution system. The entertainment industry in Asia-Pacific region is growing and becoming global which is one of the driving factor of home theatre market. The European region is also gaining growth because of increase demand of consumers and investment by technology players in home theatre market. Asia-Pacific market is estimated to be one of the fastest growing market as it is continuously investing into research and development of home theatre market and growing popularity of entertainment industry is fueling the growth in the region. Increasing population, and growing IT landscape is boosting the market in the region. The region is witnessing high adoption of internet streaming for entertainment purpose. Developing countries such as India and China are contributing at a large scale in home theatre market owing to increase population and robust industrialization is boosting the market in the region. The region is witnessing high growth in internet radio market due to growing technological advancement in cloud and mobile technologies.
TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.1 INTRODUCTION
1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH TYPE
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
3 MARKET DYNAMICS
Continued…….
LIST OF TABLES
TABLE 1 HOME THEATRE MARKET, BY COMPONENT
TABLE 2 HOME THEATRE MARKET, BY TYPE
TABLE 3 HOME THEATRE MARKET, BY REGION
TABLE 4 NORTH AMERICA HOME THEATRE MARKET, BY COMPONENT
TABLE 5 NORTH AMERICA HOME THEATRE MARKET, BY TYPE
Continued…….
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LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 HOME THEATRE MARKET: BY COMPONENT (%)
FIGURE 3 HOME THEATRE MARKET: BY TYPE (%)
FIGURE 4 HOME THEATRE MARKET: BY REGION (%)
FIGURE 5 NORTH AMERICA HOME THEATRE MARKET, BY COMPONENT (%)
Continued…….
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
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