Market Overview:

The Europe soundbar market size reached US$ 990 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1,624 Million by 2027, exhibiting a growth rate (CAGR) of 8.76% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Soundbar, or a media bar, is a slim unit consisting of multiple built-in speakers that generate sound from a single cabinet. It is designed to improve the sound quality with minimal wiring that is used to interconnect different satellite speakers. Nowadays, soundbars are manufactured in horizontal design to enhance the acoustic experience. They can also be mounted easily below or above a display device wherein the placement of a single cabinet helps to create the surround sound and stereo effect.

The Europe soundbar market is primarily driven by the growing demand for sports and entertainment content with immersive audio capability at homes. Besides this, as consumers are becoming more tech-savvy, they are upgrading to devices with premium features, which, in turn, is stimulating the demand for soundbars. Additionally, the integration of voice assistant technology and the availability of a wide variety of products at reasonable prices is bolstering the market growth. Furthermore, various developments, such as the adoption of artificial intelligence (AI), 5G networks and the Internet of Things (IoT), have resulted in easy-to-use, stable and reliable devices.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe soundbar market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on type, installation method, connectivity and application.

Breakup by Type:

• Wall-Mounted
• Table-top
• Others
   

Breakup by Installation Method:

• Active Soundbars
• Passive Soundbars
• Others
   

Breakup by Connectivity:

• Wi-Fi
• Bluetooth
• Others
   

Breakup by Application:

• Home Audio
• Commercial
• Others
   

Breakup by Country:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the Europe soundbar market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Europe soundbar market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the installation method?
• What is the breakup of the market based on the connectivity?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Europe soundbar market and who are the key players?
• What is the degree of competition in the industry?