Global Home Audio Equipment Market Growth, Size, Share, Dynamic Research Analysis, Trend, Forecast – Credence Research
The global home audio equipment market is expected to witness a steady growth during the forecast period, exceeding US$ 24.3 Bn by 2023.
(firmenpresse) - According to a new market report published by Credence Research, Inc.ent market is expected to witness a steady growth during the forecast period, exceeding US$ 24.3 Bn by 2023.
Browse the Global Home Audio Equipment report at
Market Insights:
Home audio equipment includes audio devices like home theater systems, soundbars, and DVD players among others that are specifically used for the entertainment purpose. Todayompact and light weight. Growing preference for wireless music is shaping the global home audio equipment market. In addition, growing consumer desire for high-performance music experience coupled with the increasing disposable income is expected to propel the demand for home audio equipment globally.
Competitive Insights:
The global home audio equipment market is highly competitive and fragmented. tion network and hence the reach. This will consequently enable retailers to push different home audio equipment (ex- wired and wireless) into the market. The advent of e-commerce has further encouraged manufacturers to strengthen their distribution network. Some of the leading and promising home audio equipment manufacturers identified in the research study include Bose Corporation, Dolby Laboratories Inc., LG Electronics Inc., Sony Corporation, Sharp Corporation, Panasonic Corporation, JVC Kenwood Corporation, Philips Electronics Ltd., Harman International Industries, Inc. (AKG), Akai Electric Co., Qualcomm Technologies, and Pioneer Corporation among others.
Browse the full Home Audio Equipment Market
Key Trends:
Growing demand for wireless audio products
Evolving digital habits of consumers
Device networking and streaming represent emerging trends in the global home audio equipment market
Demand for innovative audio products with technologically advanced features
Threat from low quality, low cost domestic substitutes, especially in unorganized markets of Asia and RoW.
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Datum: 05.02.2018 - 01:59 Uhr
Sprache: Deutsch
News-ID 1532213
Anzahl Zeichen: 4021
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Kategorie:
Automotive
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