Global Home Theater Audio Systems Market Insights, Forecast to 2025

  • Publish Date: Sep, 2018
  • Report ID: 304344
  • Category: Consumer Goods
  • Pages: 123
$3,900

A key factor driving the market’s growth is the rise in disposable income. The increase in the disposable income of the consumers across the globe will drive the home audio equipment market as it increases the purchasing power of the consumers, allowing them to choose products that were previously beyond their means. In developed countries such as the US, the household income has been increasing on a yearly basis and not impacted by the decline in the earnings growth rate.

In 2017, the global Home Theater Audio Systems market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of this study are to define, segment, and project the size of the Home Theater Audio Systems market based on company, product type, application and key regions.

This report studies the global market size of Home Theater Audio Systems in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Home Theater Audio Systems in these regions.

This research report categorizes the global Home Theater Audio Systems market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter\'s Five Forces Analysis.

The various contributors involved in the value chain of Home Theater Audio Systems include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Home Theater Audio Systems include

Bose Corporation (US)

Boston Acoustics (US)

Bowers & Wilkins (UK)

Creative Technologies, Ltd. (Singapore)

Denon Electronics (USA) (US)

Harman International Industries (US)

JVCKENWOOD USA Corporation (US)

LG Electronics (South Korea)

Nakamichi Corporation (Japan)

Panasonic Corporation (Japan)

Polk Audio (US)

Samsung Group (South Korea)

Samsung Electronics (South Korea)

Sharp Corporation (Japan)

Sonos (US)

Sony Corporation (Japan)

Velodyne Acoustics (US)

VIZIO (US)

VOXX International Corporation (US)

Klipsch Group (US)

Yamaha Corporation (Japan)

Yamaha Corporation of America (US)

Market Size Split by Type

Front Systems

Surround System

Market Size Split by Application

Household

Commerical

Market size split by Region

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Europe

Germany

France

UK

Italy

Spain

Russia

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

The study objectives of this report are:

To study and analyze the global Home Theater Audio Systems market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

To understand the structure of Home Theater Audio Systems market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Home Theater Audio Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Home Theater Audio Systems with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Home Theater Audio Systems submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Home Theater Audio Systems are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Home Theater Audio Systems market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Study Coverage

1.1 Home Theater Audio Systems Product

1.2 Key Market Segments

1.3 Key Manufacturers Covered

1.4 Market by Type

1.4.1 Global Home Theater Audio Systems Market Size Growth Rate by Type

1.4.2 Front Systems

1.4.3 Surround System

1.5 Market by Application

1.5.1 Global Home Theater Audio Systems Market Size Growth Rate by Application

1.5.2 Household

1.5.3 Commerical

1.6 Study Objectives

1.7 Years Considered

2 Executive Summary

2.1 Global Home Theater Audio Systems Market Size

2.1.1 Global Home Theater Audio Systems Revenue 2016-2025

2.1.2 Global Home Theater Audio Systems Sales 2016-2025

2.2 Home Theater Audio Systems Growth Rate by Regions

2.2.1 Global Home Theater Audio Systems Sales by Regions

2.2.2 Global Home Theater Audio Systems Revenue by Regions

3 Breakdown Data by Manufacturers

3.1 Home Theater Audio Systems Sales by Manufacturers

3.1.1 Home Theater Audio Systems Sales by Manufacturers

3.1.2 Home Theater Audio Systems Sales Market Share by Manufacturers

3.1.3 Global Home Theater Audio Systems Market Concentration Ratio (CR5 and HHI)

3.2 Home Theater Audio Systems Revenue by Manufacturers

3.2.1 Home Theater Audio Systems Revenue by Manufacturers (2016-2018)

3.2.2 Home Theater Audio Systems Revenue Share by Manufacturers (2016-2018)

3.3 Home Theater Audio Systems Price by Manufacturers

3.4 Home Theater Audio Systems Manufacturing Base Distribution, Product Types

3.4.1 Home Theater Audio Systems Manufacturers Manufacturing Base Distribution, Headquarters

3.4.2 Manufacturers Home Theater Audio Systems Product Category

3.4.3 Date of International Manufacturers Enter into Home Theater Audio Systems Market

3.5 Manufacturers Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type

4.1 Global Home Theater Audio Systems Sales by Type

4.2 Global Home Theater Audio Systems Revenue by Type

4.3 Home Theater Audio Systems Price by Type

5 Breakdown Data by Application

5.1 Overview

5.2 Global Home Theater Audio Systems Breakdown Data by Application

6 North America

6.1 North America Home Theater Audio Systems by Countries

6.1.1 North America Home Theater Audio Systems Sales by Countries

6.1.2 North America Home Theater Audio Systems Revenue by Countries

6.1.3 United States

6.1.4 Canada

6.1.5 Mexico

6.2 North America Home Theater Audio Systems by Type

6.3 North America Home Theater Audio Systems by Application

6.4 North America Home Theater Audio Systems by Company

7 Europe

7.1 Europe Home Theater Audio Systems by Countries

7.1.1 Europe Home Theater Audio Systems Sales by Countries

7.1.2 Europe Home Theater Audio Systems Revenue by Countries

7.1.3 Germany

7.1.4 France

7.1.5 UK

7.1.6 Italy

7.1.7 Russia

7.2 Europe Home Theater Audio Systems by Type

7.3 Europe Home Theater Audio Systems by Application

7.4 Europe Home Theater Audio Systems by Company

8 Asia Pacific

8.1 Asia Pacific Home Theater Audio Systems by Countries

8.1.1 Asia Pacific Home Theater Audio Systems Sales by Countries

8.1.2 Asia Pacific Home Theater Audio Systems Revenue by Countries

8.1.3 China

8.1.4 Japan

8.1.5 Korea

8.1.6 India

8.1.7 Australia

8.1.8 Indonesia

8.1.9 Malaysia

8.1.10 Philippines

8.1.11 Thailand

8.1.12 Vietnam

8.1.13 Singapore

8.2 Asia Pacific Home Theater Audio Systems by Type

8.3 Asia Pacific Home Theater Audio Systems by Application

8.4 Asia Pacific Home Theater Audio Systems by Company

9 Central & South America

9.1 Central & South America Home Theater Audio Systems by Countries

9.1.1 Central & South America Home Theater Audio Systems Sales by Countries

9.1.2 Central & South America Home Theater Audio Systems Revenue by Countries

9.1.3 Brazil

9.2 Central & South America Home Theater Audio Systems by Type

9.3 Central & South America Home Theater Audio Systems by Application

9.4 Central & South America Home Theater Audio Systems by Company

10 Middle East and Africa

10.1 Middle East and Africa Home Theater Audio Systems by Countries

10.1.1 Middle East and Africa Home Theater Audio Systems Sales by Countries

10.1.2 Middle East and Africa Home Theater Audio Systems Revenue by Countries

10.1.3 GCC Countries

10.1.4 Turkey

10.1.5 Egypt

10.1.6 South Africa

10.2 Middle East and Africa Home Theater Audio Systems by Type

10.3 Middle East and Africa Home Theater Audio Systems by Application

10.4 Middle East and Africa Home Theater Audio Systems by Company

11 Company Profiles

11.1 Bose Corporation (US)

11.1.1 Bose Corporation (US) Company Details

11.1.2 Company Description

11.1.3 Sales, Revenue and Gross Margin of Home Theater Audio Systems

11.1.4 Home Theater Audio Systems Product Description

11.1.5 Recent Development

11.2 Boston Acoustics (US)

11.2.1 Boston Acoustics (US) Company Details

11.2.2 Company Description

11.2.3 Sales, Revenue and Gross Margin of Home Theater Audio Systems

11.2.4 Home Theater Audio Systems Product Description

11.2.5 Recent Development

11.3 Bowers & Wilkins (UK)

11.3.1 Bowers & Wilkins (UK) Company Details

11.3.2 Company Description

11.3.3 Sales, Revenue and Gross Margin of Home Theater Audio Systems

11.3.4 Home Theater Audio Systems Product Description

11.3.5 Recent Development

11.4 Creative Technologies, Ltd. (Singapore)

11.4.1 Creative Technologies, Ltd. (Singapore) Company Details

11.4.2 Company Description

11.4.3 Sales, Revenue and Gross Margin of Home Theater Audio Systems

11.4.4 Home Theater Audio Systems Product Description

11.4.5 Recent Development

11.5 Denon Electronics (USA) (US)

11.5.1 Denon Electronics (USA) (US) Company Details

11.5.2 Company Description

11.5.3 Sales, Revenue and Gross Margin of Home Theater Audio Systems

11.5.4 Home Theater Audio Systems Product Description

11.5.5 Recent Development

11.6 Harman International Industries (US)

11.6.1 Harman International Industries (US) Company Details

11.6.2 Company Description

11.6.3 Sales, Revenue and Gross Margin of Home Theater Audio Systems

11.6.4 Home Theater Audio Systems Product Description

11.6.5 Recent Development

11.7 JVCKENWOOD USA Corporation (US)

11.7.1 JVCKENWOOD USA Corporation (US) Company Details

11.7.2 Company Description

11.7.3 Sales, Revenue and Gross Margin of Home Theater Audio Systems

11.7.4 Home Theater Audio Systems Product Description

11.7.5 Recent Development

11.8 LG Electronics (South Korea)

11.8.1 LG Electronics (South Korea) Company Details

11.8.2 Company Description

11.8.3 Sales, Revenue and Gross Margin of Home Theater Audio Systems

11.8.4 Home Theater Audio Systems Product Description

11.8.5 Recent Development

11.9 Nakamichi Corporation (Japan)

11.9.1 Nakamichi Corporation (Japan) Company Details

11.9.2 Company Description

11.9.3 Sales, Revenue and Gross Margin of Home Theater Audio Systems

11.9.4 Home Theater Audio Systems Product Description

11.9.5 Recent Development

11.10 Panasonic Corporation (Japan)

11.10.1 Panasonic Corporation (Japan) Company Details

11.10.2 Company Description

11.10.3 Sales, Revenue and Gross Margin of Home Theater Audio Systems

11.10.4 Home Theater Audio Systems Product Description

11.10.5 Recent Development

11.11 Polk Audio (US)

11.12 Samsung Group (South Korea)

11.13 Samsung Electronics (South Korea)

11.14 Sharp Corporation (Japan)

11.15 Sonos (US)

11.16 Sony Corporation (Japan)

11.17 Velodyne Acoustics (US)

11.18 VIZIO (US)

11.19 VOXX International Corporation (US)

11.20 Klipsch Group (US)

11.21 Yamaha Corporation (Japan)

11.22 Yamaha Corporation of America (US)

12 Market Opportunities, Challenges, Risks and Influences Factors Analysis

12.1 Market Opportunities and Drivers

12.2 Market Challenges

12.3 Market Risks/Restraints

12.4 Key World Economic Indicators

13 Value Chain and Sales Channels Analysis

13.1 Value Chain Analysis

13.1.1 Typical Suppliers of Key Home Theater Audio Systems Raw Material

13.1.2 Home Theater Audio Systems Customers

13.2 Sales Channels Analysis

13.2.1 Sales Channels Analysis

13.2.2 Distributors

14 Research Findings and Conclusion

15 Appendix

15.1 Research Methodology

15.1.1 Methodology/Research Approach

15.1.1.1 Research Programs/Design

15.1.1.2 Market Size Estimation

15.1.1.3 Market Breakdown and Data Triangulation

15.1.2 Data Source

15.1.2.1 Secondary Sources

15.1.2.2 Primary Sources

15.2 Author Details

15.3 Disclaimer


1

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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