This report studies the Hi-Fi speaker system. There ate two type include Wired and Wireless (Bluetooth, Wi-Fi, AirPlay, Others).
Regionally, Asia Pacific accounted for the largest market share from countries such China, India and Japan among others. The reason is attributed to growing demand for high adoption of wireless connectivity solutions and developed automotive industry in the region.
The factors contributing to the growth of the Hi-Fi speaker system market are growing adoption of wireless connectivity technology. Furthermore, factors such as increasing use of smart gadgets, and booming consumer electronics industry are expected to boost the growth of the Hi-Fi speaker system market over the forecast period, 2017-2023. However, some issues regarding operating frequency may hamper the growth of the overall market.
The global Hi-Fi speaker system market is highly competitive. Various established international brands, domestic brands and as well as new entrants form a competitive landscape. The key players are nonstop increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. The Hi-Fi speaker system market is highly competitive due to the presence of several large vendors.
The global Hi-Fi Speaker System market is valued at 5350 million US$ in 2018 and will reach 8560 million US$ by the end of 2025, growing at a CAGR of 6.1% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Hi-Fi Speaker System market based on company, product type, end user and key regions.
This report studies the global market size of Hi-Fi Speaker System in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Hi-Fi Speaker System in these regions.
This research report categorizes the global Hi-Fi Speaker System market by top players/brands, region, type and end user. This report also studies the global Hi-Fi Speaker System market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Onkyo Corporation
Bowers & Wilkins Group Ltd.
Yamaha Corporation
Bose Corporation
Panasonic Corporation
Harman International Inc.
LG Electronics
DEI Holdings, Inc.
Koninklijke Philips N.V.
Samsung Electronics
Sony Corporation
Tannoy Ltd.
Market size by Product
Wired
Wireless
Market size by End User
Residential
Commercial
Automotive
Others
Market size 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 Hi-Fi Speaker System market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Hi-Fi Speaker System 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 Hi-Fi Speaker System companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Hi-Fi Speaker System submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Hi-Fi Speaker System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 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 Hi-Fi Speaker System 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, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Hi-Fi Speaker System . Industry analysis & Market Report on Hi-Fi Speaker System is a syndicated market report, published as Global Hi-Fi Speaker System Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Hi-Fi Speaker System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.