PUBLISHER: KBV Research | PRODUCT CODE: 1374118
PUBLISHER: KBV Research | PRODUCT CODE: 1374118
North America Home Audio Equipment Market Size, Share & Industry Trends Analysis Report By Technology (Wireless, and Wired), By Distribution Channel (Online, and Offline), By Type, By Country and Growth Forecast, 2023 - 2030
The North America Home Audio Equipment Market would witness market growth of 11.3% CAGR during the forecast period (2023-2030).
The rapidly growing video game and film industries have increased demand for total aural immersion. Emerging technologies like DTS Neo, Barco Auro, and Dolby Atmos offer spherical audio for acoustic situations like movie theaters. Additional speakers are required when using such immersive audio technology at home, increasing cost and maintenance needs. Implementing 3D audio technology into homes establishes a standard for home audio equipment concentrating on the object-oriented sound field. The development of realistic, immersive home audio technology offers the market numerous prospects.
Consumer discretionary spending has increased over time, leading to a greater uptake of the newest technological devices. Blu-ray discs, PCs, MP3 players, and gaming consoles are the leading entertainment options for families. According to projections, consumers will buy home entertainment products as their preferences for higher-quality goods and their disposable income increase. These factors will likely cause the home audio equipment market to grow over the projected period.
The advantages of smart home technology are becoming well-known to consumers in North America. A large percentage of US families are expected to install smart home equipment in the near future. More than 3 in 5 Americans say security is the top perk of owning a smart home, based on a poll by the National Council for Home Safety and Security (Alarms.org). Furthermore, according to 57% of Americans, smart home technology can save an average of 30 minutes daily. It is predicted that North America's growing acceptance of smart homes will boost the regional market expansion.
The US market dominated the North America Home Audio Equipment Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $14,198.2 Million by 2030. The Canada market is experiencing a CAGR of 13.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 12.8% during (2023 - 2030).
Based on Technology, the market is segmented into Wireless, and Wired. Based on Distribution Channel, the market is segmented into Online, and Offline. Based on Type, the market is segmented into Home Audio Speakers & Systems, Home Theater in-a-box, Home Radios, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nimble Holdings Company Limited, Cambridge Audio, Bose Corporation, Dolby Laboratories, Inc., XPERI INC., Harman International Industries, Inc., Intex Technologies, JVCKENWOOD Corporation, LG Electronics and Nakamichi Corporation.
Scope of the Study
Market Segments covered in the Report:
By Technology
- Wireless
- Wired
By Distribution Channel
- Online
- Offline
By Type
- Home Audio Speakers & Systems
- Home Theater in-a-box
- Home Radios
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Nimble Holdings Company Limited
- Cambridge Audio
- Bose Corporation
- Dolby Laboratories, Inc.
- XPERI INC.
- Harman International Industries, Inc.
- Intex Technologies
- JVCKENWOOD Corporation
- LG Electronics
- Nakamichi Corporation
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Home Audio Equipment Market, by Technology
- 1.4.2 North America Home Audio Equipment Market, by Distribution Channel
- 1.4.3 North America Home Audio Equipment Market, by Type
- 1.4.4 North America Home Audio Equipment Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market At a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2022, Jul - 2023, Aug) Leading Players
- 4.4 Porter's Five Forces Analysis
Chapter 5. North America Home Audio Equipment Market by Technology
- 5.1 North America Wireless Market by Country
- 5.2 North America Wired Market by Country
Chapter 6. North America Home Audio Equipment Market by Distribution Channel
- 6.1 North America Online Market by Country
- 6.2 North Offline Market by Country
Chapter 7. North America Home Audio Equipment Market by Type
- 7.1 North America Home Audio Speakers & Systems Market by Country
- 7.2 North America Home Theater in-a-box Market by Country
- 7.3 North America Home Radios Market by Country
- 7.4 North America Others Market by Country
Chapter 8. North America Home Audio Equipment Market by Country
- 8.1 US Home Audio Equipment Market
- 8.1.1 US Home Audio Equipment Market by Technology
- 8.1.2 US Home Audio Equipment Market by Distribution Channel
- 8.1.3 US Home Audio Equipment Market by Type
- 8.2 Canada Home Audio Equipment Market
- 8.2.1 Canada Home Audio Equipment Market by Technology
- 8.2.2 Canada Home Audio Equipment Market by Distribution Channel
- 8.2.3 Canada Home Audio Equipment Market by Type
- 8.3 Mexico Home Audio Equipment Market
- 8.3.1 Mexico Home Audio Equipment Market by Technology
- 8.3.2 Mexico Home Audio Equipment Market by Distribution Channel
- 8.3.3 Mexico Home Audio Equipment Market by Type
- 8.4 Rest of North America Home Audio Equipment Market
- 8.4.1 Rest of North America Home Audio Equipment Market by Technology
- 8.4.2 Rest of North America Home Audio Equipment Market by Distribution Channel
- 8.4.3 Rest of North America Home Audio Equipment Market by Type
Chapter 9. Company Profiles
- 9.1 Nimble Holdings Company Limited (Akai Electric Company Ltd.)
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional Analysis
- 9.1.4 Recent strategies and developments:
- 9.1.4.1 Product Launches and Product Expansions:
- 9.1.5 SWOT Analysis
- 9.2 Cambridge Audio (Audio Partnerships PLC)
- 9.2.1 Company Overview
- 9.2.2 Recent strategies and developments:
- 9.2.2.1 Partnerships, Collaborations, and Agreements:
- 9.2.2.2 Product Launches and Product Expansions:
- 9.2.3 SWOT Analysis
- 9.3 Bose Corporation
- 9.3.1 Company Overview
- 9.3.2 Recent strategies and developments:
- 9.3.2.1 Partnerships, Collaborations, and Agreements:
- 9.3.2.2 Product Launches and Product Expansions:
- 9.3.3 SWOT Analysis
- 9.4 Dolby Laboratories, Inc.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Product Launches and Product Expansions:
- 9.4.5.3 Acquisition and Mergers:
- 9.4.6 SWOT Analysis
- 9.5 XPERI INC.
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Acquisition and Mergers:
- 9.5.6 SWOT Analysis
- 9.6 HARMAN International Industries (Samsung Electronics Co., Ltd.)
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expenses
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.5.2 Product Launches and Product Expansions:
- 9.6.5.3 Acquisition and Mergers:
- 9.6.6 SWOT Analysis
- 9.7 Intex Technologies
- 9.7.1 Company Overview
- 9.7.2 SWOT Analysis
- 9.8 JVCKENWOOD Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Regional & Segmental Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 SWOT Analysis
- 9.9 LG Corporation
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Product Launches and Product Expansions:
- 9.9.6 SWOT Analysis
- 9.10. Nakamichi Corporation
- 9.10.1 Company Overview
- 9.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Home Audio Equipment Market, 2019 - 2022, USD Million
- TABLE 2 North America Home Audio Equipment Market, 2023 - 2030, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Home Audio Equipment Market
- TABLE 4 Product Launches And Product Expansions- Home Audio Equipment Market
- TABLE 5 Acquisition and Mergers- Home Audio Equipment Market
- TABLE 6 North America Home Audio Equipment Market by Technology, 2019 - 2022, USD Million
- TABLE 7 North America Home Audio Equipment Market by Technology, 2023 - 2030, USD Million
- TABLE 8 North America Wireless Market by Country, 2019 - 2022, USD Million
- TABLE 9 North America Wireless Market by Country, 2023 - 2030, USD Million
- TABLE 10 North America Wired Market by Country, 2019 - 2022, USD Million
- TABLE 11 North America Wired Market by Country, 2023 - 2030, USD Million
- TABLE 12 North America Home Audio Equipment Market by Distribution Channel, 2019 - 2022, USD Million
- TABLE 13 North America Home Audio Equipment Market by Distribution Channel, 2023 - 2030, USD Million
- TABLE 14 North America Online Market by Country, 2019 - 2022, USD Million
- TABLE 15 North America Online Market by Country, 2023 - 2030, USD Million
- TABLE 16 North Offline Market by Country, 2019 - 2022, USD Million
- TABLE 17 North America Offline Market by Country, 2023 - 2030, USD Million
- TABLE 18 North America Home Audio Equipment Market by Type, 2019 - 2022, USD Million
- TABLE 19 North America Home Audio Equipment Market by Type, 2023 - 2030, USD Million
- TABLE 20 North America Home Audio Speakers & Systems Market by Country, 2019 - 2022, USD Million
- TABLE 21 North America Home Audio Speakers & Systems Market by Country, 2023 - 2030, USD Million
- TABLE 22 North America Home Theater in-a-box Market by Country, 2019 - 2022, USD Million
- TABLE 23 North America Home Theater in-a-box Market by Country, 2023 - 2030, USD Million
- TABLE 24 North America Home Radios Market by Country, 2019 - 2022, USD Million
- TABLE 25 North America Home Radios Market by Country, 2023 - 2030, USD Million
- TABLE 26 North America Others Market by Country, 2019 - 2022, USD Million
- TABLE 27 North America Others Market by Country, 2023 - 2030, USD Million
- TABLE 28 North America Home Audio Equipment Market by Country, 2019 - 2022, USD Million
- TABLE 29 North America Home Audio Equipment Market by Country, 2023 - 2030, USD Million
- TABLE 30 US Home Audio Equipment Market, 2019 - 2022, USD Million
- TABLE 31 US Home Audio Equipment Market, 2023 - 2030, USD Million
- TABLE 32 US Home Audio Equipment Market by Technology, 2019 - 2022, USD Million
- TABLE 33 US Home Audio Equipment Market by Technology, 2023 - 2030, USD Million
- TABLE 34 US Home Audio Equipment Market by Distribution Channel, 2019 - 2022, USD Million
- TABLE 35 US Home Audio Equipment Market by Distribution Channel, 2023 - 2030, USD Million
- TABLE 36 US Home Audio Equipment Market by Type, 2019 - 2022, USD Million
- TABLE 37 US Home Audio Equipment Market by Type, 2023 - 2030, USD Million
- TABLE 38 Canada Home Audio Equipment Market, 2019 - 2022, USD Million
- TABLE 39 Canada Home Audio Equipment Market, 2023 - 2030, USD Million
- TABLE 40 Canada Home Audio Equipment Market by Technology, 2019 - 2022, USD Million
- TABLE 41 Canada Home Audio Equipment Market by Technology, 2023 - 2030, USD Million
- TABLE 42 Canada Home Audio Equipment Market by Distribution Channel, 2019 - 2022, USD Million
- TABLE 43 Canada Home Audio Equipment Market by Distribution Channel, 2023 - 2030, USD Million
- TABLE 44 Canada Home Audio Equipment Market by Type, 2019 - 2022, USD Million
- TABLE 45 Canada Home Audio Equipment Market by Type, 2023 - 2030, USD Million
- TABLE 46 Mexico Home Audio Equipment Market, 2019 - 2022, USD Million
- TABLE 47 Mexico Home Audio Equipment Market, 2023 - 2030, USD Million
- TABLE 48 Mexico Home Audio Equipment Market by Technology, 2019 - 2022, USD Million
- TABLE 49 Mexico Home Audio Equipment Market by Technology, 2023 - 2030, USD Million
- TABLE 50 Mexico Home Audio Equipment Market by Distribution Channel, 2019 - 2022, USD Million
- TABLE 51 Mexico Home Audio Equipment Market by Distribution Channel, 2023 - 2030, USD Million
- TABLE 52 Mexico Home Audio Equipment Market by Type, 2019 - 2022, USD Million
- TABLE 53 Mexico Home Audio Equipment Market by Type, 2023 - 2030, USD Million
- TABLE 54 Rest of North America Home Audio Equipment Market, 2019 - 2022, USD Million
- TABLE 55 Rest of North America Home Audio Equipment Market, 2023 - 2030, USD Million
- TABLE 56 Rest of North America Home Audio Equipment Market by Technology, 2019 - 2022, USD Million
- TABLE 57 Rest of North America Home Audio Equipment Market by Technology, 2023 - 2030, USD Million
- TABLE 58 Rest of North America Home Audio Equipment Market by Distribution Channel, 2019 - 2022, USD Million
- TABLE 59 Rest of North America Home Audio Equipment Market by Distribution Channel, 2023 - 2030, USD Million
- TABLE 60 Rest of North America Home Audio Equipment Market by Type, 2019 - 2022, USD Million
- TABLE 61 Rest of North America Home Audio Equipment Market by Type, 2023 - 2030, USD Million
- TABLE 62 Key Information - Nimble Holdings Company Limited
- TABLE 63 Key Information - Cambridge Audio
- TABLE 64 Key Information - Bose Corporation
- TABLE 65 Key Information - Dolby Laboratories, Inc.
- TABLE 66 Key Information - XPERI INC.
- TABLE 67 Key Information - HARMAN International industries
- TABLE 68 Key Information - Intex Technologies
- TABLE 69 Key Information - JVCKENWOOD Corporation
- TABLE 70 Key Information - LG Corporation
- TABLE 71 Key Information - Nakamichi Corporation
