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Home audio Market Include Supply side Drivers, Outlook and Opportunity Assessment 2019 - 2024

03-11-2019 02:09 PM CET | Industry, Real Estate & Construction

Press release from: Worldwide Market Reports

Home audio Market

Home audio Market

Home audio is audio electronics intended for home entertainment use, such as shelf stereos and surround sound receivers. Home audio generally is a series of accessory equipment, which may be intended to enhance or replace standard equipment, such as standard TV speakers. Since surround sound receivers, which are primarily intended to enhance the reproduction of a movie, are the most popular home audio device, the primary field of home audio is home cinema.
The worldwide market for Home Audio is expected to grow at a CAGR of roughly 3.7% over the next five years, will reach 12100 million US$ in 2024, from 9720 million US$ in 2019.

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Scope of the Report:
Sony Corporation, LG Electronics, Bose and Panasonic Corporation are the key players and accounted for over 50% of the overall Home Audio market share in 2016. Other players include Yamaha, Harman, Onkyo (Pioneer), VIZIO, Samsung.

Europe Home Audio size stood as the largest market and was valued at USD 2481.75 Million in 2016 and is anticipated to grow at a CAGR of 3.31% from 2016 to 2022. The region is likely to continue its dominance over the forecast period due to early adoption of home audio devices. In addition, presence of high number of technology consciousness people is also likely to surge the demand.

The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Despite the presence of competition problems, due to the global recovery trend is slightly, investor are still optimistic about this area; the future will still have more new investment enter the field.

Market Segment by Manufacturers, this report covers
LG
Sony
Panasonic
Bose
Yamaha
Harman
Onkyo (Pioneer)
VIZIO
Samsung
D+M Group (Sound United)
VOXX International
Nortek
Creative Technologies
EDIFIER
Market Segment by Type, covers
Home Theatre in-a-box (HTiB)
Home Audio Speakers and Systems
Other

Market Segment by Applications, can be divided into
Application I
Application II

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Home audio product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Home audio, with price, sales, revenue and global market share of Home audio in 2017 and 2018.
Chapter 3, the Home audio competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Home audio breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Home audio market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Home audio sales channel, distributors, customers, research findings and conclusion, appendix and data source.
If you have any special requirements, please let us know and we will offer you the report as you want.

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About Us:
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

Mr. Shah
Worldwide Market Reports
Tel: +1 415 871 0703
Email: sales@worldwidemarketreports.com

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