Loudspeaker Market Size, Share, Trends Analysis And Growth Forecast By Regions, Type And Application To 2025
Loudspeaker is an electrical device which contains one or more electro acoustic transducers, which converts an electrical audio signal into a corresponding sound. Global market of loudspeaker is expected to grow at healthy rate for the forecast period owing to increase in extensive use consumer electronics and growing preference of consumer for sound bars.
Loudspeaker is an electrical device which contains one or more electro acoustic transducers, which converts an electrical audio signal into a corresponding sound. Global market of loudspeaker is expected to grow at healthy rate for the forecast period owing to increase in extensive use consumer electronics and growing preference of consumer for sound bars.
- No tags were found...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
quality features. In HD televisions due to its slick design company has to compromise on sound. Thus to enhance the
entertainment and sound experience, consumers are going for additional speakers boosting the speaker demand. Blu-
Ray Devices, DVD/CD Players, Home Theatre Systems, MP3 players, PCs, LEDs, LCDs, and other multimedia devices
dictate market prospects for speakers.
Get a Sample Copy of This Report @
https://www.millioninsights.com/industry-reports/loudspeaker-market/request-sample
Loudspeakers are segmented by types which chiefly include pair speaker, satellite/subwoofer speaker, sound bar, in
wall speaker, outdoor speaker, and other loudspeaker. Subwoofer speakers are more popular in home audio. The
soundbar segment is expected to grow at a CAGR over 8% from 2016 to 2025. They are small in size and have
placement flexibility. The satellite/subwoofer speaker has the largest market share. Soundbars market is fastest
growing due to its high demand due to its feature such as multiple speaker better sound clarity, and can be mounted
alongside of the television.
On the basis of geography, the market is segmented into five regions which include North America, Europe, Asia-
Pacific, Latin America, and Middle East and Africa. North America regional market includes the U.S. and Canada. Europe
regional market consists of European Union, CIS and other non-member states. Asia Pacific regional market includes
Japan, China, India, Taiwan, Korea, and Australia. Latin America mainly includes Brazil, Mexico, and other South
American countries. European loudspeaker market is expected to be key regional market owing to presence of
companies such as Harmen Corporation and Bose.
However due to slowdown in European economy, the market expected to get affected. North America has second
largest market share in this segment. . One of chief factor for the growth is the high disposal income in north America
making it an attractive market for speaker industry. Asia pacific is the fastest growing market for the loudspeaker
industry. It is observed that the demand for speaker is increasing in growing economies of Asia Pacific regions which
include India and China.
Key players in loudspeaker industry are Bose, Audiovox Corp, Calix, Inc., Creative Technology Ltd,Dain Electronics Co.,
JVC Kenwood Holdings, Dynaudio A/S, Elettromedia Srl, ELNO Ste Nouvelle, Formosa Prosonic Industries Berhad,
Genelec OY, Inc, Koninklijke Philips Electronics Nv, Linn Products Limited, Mermaid Technology A/S, Monitor Audio
Limited, Optimus SA, Panasonic Corporation, Hitachi Ltd., Phonocar S.P.A., Pioneer Corporation, Plantronics Inc,
Renkus-Heinz, Inc., Rockford Corp, Sica Altoparlanti Srl, Yamaha Corporation Sonus Faber S.P.A.,Samsung Electronics
Co. Ltd., Sony Corporation, Velodyne Acoustics, Inc., and Wilson Audio Specialties Inc.,.
Harman Corporation developed a new loud speaker called ALumaprene. The effectiveness of sound was increased due
to magnetic systems, bass is more powerful, light weight, powerful transducers, and it consumes less power than
conventional speakers. Bose has introduced a new Wi-Fi sound system Sound touch 10. It is Wi-Fi enabled, can be
connected to laptop, mobile device and tablet through Wi-Fi. Sound touch gives ease of access, can be controlled
through remote, laptop or mobile compact design and improved sound quality. Knowles had acquired Audience in