Press release
Home Theater Audio Systems Market : Organized sales channel to Reach US$ 5,909.2 Mn by 2025
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/16801
However, confined living spaces in APAC countries, owing to ever-growing population, has resulted into disturbance to neighbors caused by high frequency of home theatre audio systems, particularly in urban areas. This has led people living in urban areas to adopt personal hearing devices such as earphones, or, Bluetooth speakers. These factors are expected to restrain growth of the home theatre audio systems market in APAC.
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Multi-room audio systems, which enable to play songs through mobile application, are expected to pave huge opportunities for home theatre audio systems manufacturers. Integration of home audio systems with wearable devices have compelled manufacturers in developing smart and networked speakers. Global sales of home theatre audio systems will account for revenues worth US$ 9,954 Mn in 2017, according to a report by Persistence Market Research (PMR). PMR’s report projects the global home theatre audio systems market to register 5% CAGR through 2025. Global sales of home theatre audio systems are estimated to reach nearly US$ 15,000 Mn in revenues by 2025-end.
Increasing adoption of wireless home theatre audio systems equipped with features such as Wi-Fi and Bluetooth is expected to drive growth of the market in North America. Audio industry in the region has been witnessing a rise in technological advancements, transforming the fashion in which music is played and appreciated. This is further expected to fuel demand for home theatre audio systems in North America. However, increasing risk of subsequent hearing loss, resulting from prolonged exposure to music with noise levels over 85 decibels, is likely to inhibit growth of the market in this region.
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Key market players identified in PMR’s report include Bose Corporation, Harman International Industries, Yamaha Corporation, Sony Corporation, Intex Technologies (India) Ltd, LG Electronics Inc., Samsung Electronics, Pioneer Corporation, VOXX International Corp, Sound United LLC, Koninklijke Philips N.V., Bowers & Wilkins, Pioneer Corporation, Bang & Olufsen, Braven LC, Sonos.
Global Market Study on Home Theater Audio Systems is available for US$4,900 http://www.persistencemarketresearch.com/checkout/16801
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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