Global Home Audio Market Analysis & Forecast 2019 - QY Research

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.

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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.

The global Home Audio market is valued at 9720 million US$ in 2018 is expected to reach 12900 million US$ by the end of 2025, growing at a CAGR of 3.6% during 2019-2025.
This report focuses on Home Audio volume and value at global level, regional level and company level. From a global perspective, this report represents overall Home Audio market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
LG, Sony, Panasonic, Bose, Yamaha, Harman, Onkyo (Pioneer), VIZIO, Samsung, D+M Group (Sound United), VOXX International, Nortek, Creative Technologies, EDIFIER

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Segment by Regions
North America
Europe
China
Japan

Segment by Type
Home Theatre in-a-box (HTiB), Home Audio Speakers and Systems, Other

Segment by Application
Application I, Application II

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