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PUBLISHER: IMARC | PRODUCT CODE: 1390816
PUBLISHER: IMARC | PRODUCT CODE: 1390816
Loudspeaker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 139 Pages
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Abstract
The global loudspeaker market size reached US$ 7.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.20% during 2022-2028.
Loudspeakers are electronic items used to convert electrical energy into acoustic energy. They are widely available in different sizes, types, and features to integrate with different devices. For instance, loudspeakers in sound reinforcement systems are efficient and durable and they have directivity control and power-handling capacity. These speakers find extensive applications in cinemas, theaters, concert halls, stadiums, and arenas wherein direction control of sound radiation and large acoustic power are required. Besides this, as loudspeakers provide wide-coverage angles, stereo imaging, clarity, and accurate and better sounding, their demand is rising around the world.
Loudspeaker Market Trends:
Governing agencies rely on loudspeakers in electronic public address systems to make announcements and spread awareness about a general issue among individuals. This, in confluence with the mass spread of the coronavirus disease (COVID-19), is positively influencing the need for loudspeakers to transit safety messages in public places. Apart from this, rising consumer spending on media and entertainment services, such as live events and films, acts as another major factor increasing the application of loudspeakers in the media and entertainment industry. Moreover, the emerging trend of home theatre systems on account of rapid urbanization, inflating income levels and rising Internet penetration is driving the sales of voice-activated loudspeakers worldwide. Furthermore, leading manufacturers are introducing commercial loudspeakers for easy installation in large-scale distributed establishments like retail stores, restaurants, bars and clubs, and hospitality venues. Besides this, due to the escalating demand for personalized content and enhanced user experience, these manufacturers are offering smart loudspeakers via online channels, which is impelling the market growth. This can be accredited to the thriving e-commerce industry and boosting sales of smart devices.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global loudspeaker market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type, application and end user.
Breakup by Product Type:
Satellite
Subwoofers
Soundbar
In-Wall
Outdoor
Multimedia
Breakup by Application:
Electronic Gadgets
Home Entertainment
Automotive
Communication
Others
Breakup by End User:
Household
Commercial
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bose Corporation, Dynaudio AS (Goertek Inc.), Harbeth Audio Ltd., Harman International Industries Incorporated (Samsung Electronics Co. Ltd.), Koninklijke Philips N.V., Lenovo Group Limited, LG Electronics Inc., Panasonic Corporation, Peavey Electronics Corporation, Sony Corporation, Sound United LLC, Vandersteen Audio and VOXX International Corp.
Key Questions Answered in This Report
- 1. What was the size of the global loudspeaker market in 2022?
- 2. What is the expected growth rate of the global loudspeaker market during 2023-2028?
- 3. What are the key factors driving the global loudspeaker market?
- 4. What has been the impact of COVID-19 on the global loudspeaker market?
- 5. What is the breakup of the global loudspeaker market based on the product type?
- 6. What is the breakup of the global loudspeaker market based on the application?
- 7. What is the breakup of the global loudspeaker market based on end user?
- 8. What are the key regions in the global loudspeaker market?
- 9. Who are the key players/companies in the global loudspeaker market?
Product Code: SR112023A4674
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Loudspeaker Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Satellite
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Subwoofers
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Soundbar
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 In-Wall
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Outdoor
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Multimedia
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Application
- 7.1 Electronic Gadgets
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Home Entertainment
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Automotive
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Communication
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by End User
- 8.1 Household
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Commercial
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Bose Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 SWOT Analysis
- 14.3.2 Dynaudio AS (Goertek Inc.)
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Harbeth Audio Ltd.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Harman International Industries Incorporated (Samsung Electronics Co. Ltd.)
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.5 Koninklijke Philips N.V.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Lenovo Group Limited
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 LG Electronics Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Panasonic Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Peavey Electronics Corporation
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Sony Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Sound United LLC
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Vandersteen Audio
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 VOXX International Corp.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.13.3 Financials
- 14.3.1 Bose Corporation
Product Code: SR112023A4674
List of Figures
- Figure 1: Global: Loudspeaker Market: Major Drivers and Challenges
- Figure 2: Global: Loudspeaker Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Loudspeaker Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Loudspeaker Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Loudspeaker Market: Breakup by Application (in %), 2022
- Figure 6: Global: Loudspeaker Market: Breakup by End User (in %), 2022
- Figure 7: Global: Loudspeaker Market: Breakup by Region (in %), 2022
- Figure 8: Global: Loudspeaker (Satellite) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Loudspeaker (Satellite) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Loudspeaker (Subwoofers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Loudspeaker (Subwoofers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Loudspeaker (Soundbar) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Loudspeaker (Soundbar) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Loudspeaker (In-Wall) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Loudspeaker (In-Wall) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Loudspeaker (Outdoor) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Loudspeaker (Outdoor) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Loudspeaker (Multimedia) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Loudspeaker (Multimedia) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Loudspeaker (Electronic Gadgets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Loudspeaker (Electronic Gadgets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Loudspeaker (Home Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Loudspeaker (Home Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Loudspeaker (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Loudspeaker (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Loudspeaker (Communication) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Loudspeaker (Communication) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Loudspeaker (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Loudspeaker (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Loudspeaker (Household) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Loudspeaker (Household) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Loudspeaker (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Loudspeaker (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Loudspeaker (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Loudspeaker (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: North America: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: North America: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: United States: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: United States: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Canada: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Canada: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Asia-Pacific: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Asia-Pacific: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: China: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: China: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Japan: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Japan: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: India: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: India: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: South Korea: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: South Korea: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Australia: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Australia: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Indonesia: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Indonesia: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Others: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Others: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Europe: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Europe: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Germany: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Germany: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: France: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: France: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: United Kingdom: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: United Kingdom: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Italy: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Italy: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Spain: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Spain: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Russia: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Russia: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Latin America: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Latin America: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Brazil: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Brazil: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Mexico: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Mexico: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Others: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Others: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Middle East and Africa: Loudspeaker Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Middle East and Africa: Loudspeaker Market: Breakup by Country (in %), 2022
- Figure 84: Middle East and Africa: Loudspeaker Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 85: Global: Loudspeaker Industry: SWOT Analysis
- Figure 86: Global: Loudspeaker Industry: Value Chain Analysis
- Figure 87: Global: Loudspeaker Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Loudspeaker Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Loudspeaker Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Loudspeaker Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 4: Global: Loudspeaker Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Loudspeaker Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Loudspeaker Market: Competitive Structure
- Table 7: Global: Loudspeaker Market: Key Players
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