Home Theatre Market Expected to Grow at a CAGR of 19% to 2023- Bose Corporation, LG Electronics, Sony Corporation - PowerPoint PPT Presentation

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Home Theatre Market Expected to Grow at a CAGR of 19% to 2023- Bose Corporation, LG Electronics, Sony Corporation

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Market Research Future (MRFR)’s latest study has revealed that the global home theatre market is set to witness exponential proliferation at 19% CAGR during the forecast period 2017 to 2023. The market is poised to reach a valuation of USD 31 Bn by the end of 2023. The boom witnessed in the consumer electronics and entertainment industries has augured well for the home theatre market players. Get Complete Report @ – PowerPoint PPT presentation

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Title: Home Theatre Market Expected to Grow at a CAGR of 19% to 2023- Bose Corporation, LG Electronics, Sony Corporation


1
Home Theatre Market to Witness a Leap by Leaching
US 31 Bn by 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2
Power Electronics Market

Market Insights Market Research Future (MRFR)s
latest study has revealed that the global home
theatre market is set to witness exponential
proliferation at 19 CAGR during the forecast
period 2017 to 2023. The market is poised to
reach a valuation of USD 31 Bn by the end of
2023. The boom witnessed in the consumer
electronics and entertainment industries has
augured well for the home theatre market
players. The rising disposable income and living
standards of the population in developed
developing industries has fueled demand for home
theatres over the last few years. The trend is
poised to perpetuate over the assessment period.
Additionally, the innovations in features offered
by the established players are expected to drive
the growth of the home theatre market in the
forthcoming years. Deliverance of premium
experience is the key area of focus for the
market players. Investments have been catalyzed
for bringing the experience of commercial
theatres at the door of the consumers. The
adoption of next-gen technologies such as
wireless surround sound, voice control systems,
etc. have catapulted the home theatre market on
an upward trajectory. Additionally, the rising
prices of movie tickets are likely to augment the
market for home theatres. The connectivity
feature introduced for connecting different
devices with the home theatres is projected to
intensify the growth of the home theatre market.
However, the increasing dependency on smartphones
for internet streaming and binge-watching movies
is likely to hold the growth of the market
through the review period. Get Free Sample Report
_at_ https//www.marketresearchfuture.com/sample_requ
est/4121 Market Segmentation By component, the
global home theatre market has been segmented
into sound display systems, storage devices,
media players, and others.
3
Power Electronics Market

By type, the home theatre market is segmented
into home theatre in a box system, sound bar,
component systems, and component
separate. Regional Outlook North America is one
of the most significant markets for home theatre.
The presence of key players coupled with the
early adoption of technological advancements is
expected to drive the growth of the home theatre
market in the region. An upsurge in demand for
consumer electronics, particularly home theatres,
over the next couple of years is projected which
is anticipated to expedite the expansion of the
market. Additionally, the developments across the
wide spectrum of sound systems are likely to
influence the home theatre market expansion
positively. Europe is an important growth pocket
and is projected to witness substantial growth in
the foreseeable future. The increase in demand
for home theatres is prognosticated to drive the
proliferation of the regional market. Meanwhile,
Asia Pacific is estimated to register the highest
CAGR during the projection period. The factors
responsible for aiding the home theater market
expansion in the region include the presence of
fast-developing economies and increasing
purchasing power of the consumers. The region
resonates strong opportunities for growth and has
attracted investments from global players for
setting up of manufacturing units. This, in turn,
is forecasted to accelerate the revenue creation
for the home theater market players in the
forthcoming years. Competitive Dashboard Some of
the key players profiled in the report include
Toshiba Corporation (Japan), Bose Corporation
(U.S.), Panasonic Corporation (Japan), Samsung
Electronics Co., Ltd.  (South Korea), LG
Electronics (South Korea), Sony Corporation
(Japan), Koninklijke Philips N.V., (Netherlands),
Bowers Wilkins (U.K.), Akai Electronics
(Japan), and Atlantic Technology (U.S.). Get
Complete Report _at_ https//www.marketresearchfuture
.com/reports/home-theatre-market-4121
4
ABOUT US
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 products,
services, technologies, applications, end users,
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. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
5
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