Home Audio Equipment Market in Home theater in-a-box industry to exceed $6.5bn by 2022 - PowerPoint PPT Presentation

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Home Audio Equipment Market in Home theater in-a-box industry to exceed $6.5bn by 2022

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Request Sample of Report @ Home audio networking, also known as whole home or whole house audio, refers to a network of audio devices such as stereo, computer, TV and speakers distributed across a house. Increased demand for such systems has led to the replacement of expensive cable and error prone audio systems. – PowerPoint PPT presentation

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Title: Home Audio Equipment Market in Home theater in-a-box industry to exceed $6.5bn by 2022


1
Home Audio Equipment Market forecast to grow at
4 CAGR from 2015 to 2022 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights of Home Audio Equipment Market
  • Home audio equipment market to exceed revenue of
    USD 23.97 billion by 2022, at 4 CAGR from 2015
    to 2022. Global home audio equipment market has
    observed a major paradigm shift as wireless
    technology has canopied the world. The
    convergence of wireless technology with audio
    systems has offered a perfect blend of
    portability, enhanced hearing experience, and
    convenience. The ever-evolving technology and
    high consumer expectations have generated a
    positive impact on this industry.
  • Digital audio technology occupies a large portion
    of overall home audio equipment industry in
    comparison to analog audio technology which holds
    a smaller stake of the market. Home audio
    speakers, a major product of home audio equipment
    market, has been driving the business space owing
    to its portable connectivity with Bluetooth
    devices. MP3 players, CD/DVD players, rack
    systems, and mini disc players are among the
    trending home audio speakers and systems. Home
    theater in-a-box (HTIB) is another lucrative
    product gaining remarkable popularity with its
    high-quality sound and unrestricted mobility
    features. HTIB market is estimated to surpass USD
    6.5 billion by 2022, at a CAGR of 5.8 over the
    period of 2015-2022.

3
Continued
  • Home theaters play a vital role in the smooth
    functioning of smart homes, as these home audio
    systems are connected with smart TVs and game
    consoles to create a theater-like experience at
    home. Improved spending capacity on smart homes
    and hi-tech devices has led to a momentous spur
    in home audio equipment industry. Moreover,
    emerging technologies, such as Barco Auro, Dolby
    Atmos, and DTS Neo are providing spherical audio
    for acoustic spaces and sophisticated music
    experience, which will further uplift the
    industry growth. Taking into consideration the
    geographical perspective of home audio equipment
    market, Europe is leading the regional landscape
    with rising adoption of home theaters for
    residential and commercial spaces. Europe home
    audio equipment market, worth USD 5.49 billion in
    2014, is expected to register a y-o-y growth of
    over 3.2 between 2015-2022.
  • Asia Pacific, prominently driven by China home
    audio equipment market is also set to record a
    CAGR of 5 over 2015-2022. Swift urbanization and
    the rising proliferation of advanced consumer
    electronics is likely to boost the regional
    demand over the coming five years. This industry
    is foreseen to witness a fierce competition among
    the major players. Novel product development
    synchronized with innovative solutions will offer
    a clear competitive advantage for these
    companies. Key home audio equipment industry
    participants include LG, Panasonic, Bose,
    Philips, JVC Kenwood, Sony, Onkyo, Pioneer, and
    Sharp.

4
Asia Pacific home audio equipment market size by
product, 2012-2022 (USD Billion)

5

Browse Full Market Research Report Of Home Audio
Equipment Market _at_ http//bit.ly/2prMKd7 Reques
t for a Sample of this Research report
_at_ https//www.fractovia.org/request-sample/373
6
Table of Home Audio Equipment Market
  • Table Content of Home Audio Equipment Market
  • Chapter 1 Methodology and Scope
  • 1.1 Research Methodology
  • 1.1.1 Initial data exploration
  • 1.1.2 Statistical modeling and forecast
  • 1.1.3 Industry insights and validation
  • 1.2 Data Sources
  • Chapter 2 Executive Summary
  • 2.1 Home audio equipment industry 360
    synopsis, 2012 - 2022
  • Chapter 3 Home Audio Equipment Industry
    Insights
  • 3.1 Industry Segmentation
  • 3.2 Industry Size and forecast
  • 3.3 Industry ecosystem analysis
  • 3.4 Industry Impact forces
  • 3.4.1 Growth drivers
  • 3.4.2 Industry pitfalls challenges
  • 3.5 Growth potential analysis
  • 3.6 Porter's analysis
  • 3.7 Home audio equipment company market share
    analysis, 2014

7
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