Speaker Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Smart Speakers, Home Audio Speakers, Commercial Speakers, Others); End-user (Commercial, Personal); Price Range (Low, Medium, High); Connectivity (Wired, Wireless) and Geography
Report Code: TIPRE00013808
| No. of Pages: 150
| Category: Electronics and Semiconductor
| Status: Upcoming
Speakers are electronics devices that facilitate in conversion of electrical signals into audio signals across different consumer electronics or commercial devices. Presently, the speakers have extensive scope of application across broad range of consumer electronics products such as desktops, home theaters, television sets, smartphones and various other professional as well as commercial devices. Moreover, the recent integration of wireless technologies has further fueled the demand for robust and efficient speaker devices in different end-user segments.
The notable surge in wireless and technology driven speaker devices along with improved battery capabilities for these devices has significantly facilitated the growth of the market especially in the past few years. Additionally, the considerably large current scope of application for speaker devices across multiple consumer electronics devices, professional audio systems and commercial systems also continue to provide the steady growth of the overall market globally. Thus, the market is projected to provide numerous profitable business opportunities for the market players during the forecast period.
The "Global Speaker Market Analysis to 2028" is a specialized and in-depth study of the speaker industry with a special focus on the global market trend analysis. The report aims to provide an overview of speaker market with detailed market segmentation by product, end-user, price range, connectivity, and geography. The global speaker market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading speaker market players and offers key trends and opportunities in the market.
The global speaker market is segmented on the basis of product, end-user, price range and connectivity. Based on product, the speaker market is segmented into smart speakers, home audio speakers, commercial speakers and others. On the basis of end-user, the market is segmented as commercial and personal. Whereas based on price range, the market is broadly classified into low, medium, and high. And finally, based on connectivity the market is bifurcated into wired and wireless speakers.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global speaker market based on various segments. it also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The speaker market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of various countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting speaker market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the speaker market for each region.
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The reports cover key developments in the speaker market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from speaker market are anticipated to lucrative growth opportunities in the future with the rising demand for speaker in the global market. Below mentioned is the list of few companies engaged in the speaker market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
B & W Group Limited (Bowers & Wilkins)
Harman International Industries, Incorporated (JBL)
Klipsch Group, Inc.
Koninklijke Philips N.V.
"Samsung Electronics Co. Ltd."
Sennheiser Electronic GmbH & Co. KG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. B and W Group Limited (Bowers and Wilkins)
2. Bose Corporation
3. DEFINITIVE TECHNOLOGY
4. Harman International Industries, Incorporated (JBL)
5. KEF International
6. Klipsch Group, Inc.
7. Koninklijke Philips N.V.
8. Samsung Electronics Co. Ltd.
9. Sennheiser Electronic GmbH and Co. KG
10. Sony Corporation