Home Theater Audio Systems Market
is Anticipated to Expand at a Healthy 5% CAGR
Posted by ashutosh07 in Finance on December
19th Black
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Multi-room audio systems, which enable to play songs through mobile
application, are expected to pave huge opportunities for home theatre audio
systems manufacturers. Integration of home audio systems with wearable devices
have compelled manufacturers in developing smart and networked speakers. Global
sales of home theatre audio systems will account for revenues worth US$ 9,954 Mn
in 2017, according to a report by Persistence Market Research (PMR). PMR¡¯s
report projects the global home theatre audio systems market to register 5% CAGR
through 2025. Global sales of home theatre audio systems are estimated to reach
nearly US$ 15,000 Mn in revenues by 2025-end.
Increasing adoption of wireless home theatre audio systems equipped with
features such as Wi-Fi and Bluetooth is expected to drive growth of the market
in North America. Audio industry in the region has been witnessing a rise in
technological
advancements Black
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and appreciated. This is further expected to fuel demand for home theatre audio
systems in North America. However, increasing risk of subsequent hearing loss,
resulting from prolonged exposure to music with noise levels over 85 decibels,
is likely to inhibit growth of the market in this region.
Request Sample Report @ in Asia Pacific countries are providing necessary
support for in-house manufacturing through various schemes, for example ¨C ¡°Make
in India¡± scheme by the Indian government. This has further led towards
reduction in manufacturing costs, thereby prices of products. The home theatre
audio systems market in APAC is expected to be highly influenced by such
initiatives of governments. In
addition Black
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China, is further expected to impact adoption of home theatre audio systems in
these regions.
However, confined living spaces in APAC countries, owing to ever-growing
population, has resulted into disturbance to neighbors caused by high frequency
of home theatre audio
systems Black Vita
Vea Jersey , particularly in urban areas. This has led people living in
urban areas to adopt personal hearing devices such as earphones, or, Bluetooth
speakers. These factors are expected to restrain growth of the home theatre
audio systems market in APAC.
Request to view table of content @ market players identified in PMR¡¯s report
include Bose Corporation, Harman International Industries, Yamaha Corporation,
Sony
Corporation Black
Lavonte David Jersey , Intex Technologies (India) Ltd, LG Electronics
Inc., Samsung Electronics, Pioneer Corporation, VOXX International Corp, Sound
United LLC Black
Gerald McCoy Jersey , Koninklijke Philips N.V., Bowers & Wilkins,
Pioneer Corporation, Bang & Olufsen, Braven LC, Sonos.
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