India Soundbar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

India Soundbar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A3755
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Market Overview:

The India soundbar market is expected to exhibit a CAGR of 11.33% 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. 

A soundbar, or media bar, refers to a device or audio system that is used to produce stereo effects. It consists of stereo analog inputs and outputs, infrared remote control, wireless connectivity option, and audio processing features for speaker equalization. Soundbars offer powerful audio quality and surround sound with minimal space and eliminate the need for multiple speakers and external wiring. In India, the demand for soundbars has escalated as they can be connected to a wide range of devices, such as televisions, laptops, PCs, music players and smartphones. On account of this, they are extensively utilized across various industries, such as residential, commercial and entertainment.

 

 
 

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The India soundbar market is primarily driven by the increasing access to intuitive technologies and virtual assistants backed by the growing disposable incomes of consumers. The emergence of the internet of things (IoT)-enabled devices has also encouraged consumers to focus on exploring advanced consumer electronics, which represents another factor strengthening the market growth. For instance, in September 2020, ZEB-Juke Bar 9700 Pro Dolby Atmos soundbar was launched by Zebronics in India with multiple connectivity options. Additionally, the rising penetration of subscription-based media platforms like Amazon Prime and Netflix has escalated the demand for soundbars. Furthermore, rapid digitalization, improving lifestyles, and growing awareness about smart and automated systems, are some of the factors that are providing a positive thrust to the market.

Key Market Segmentation:

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

Breakup by Type:

 

 
 

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  • Wall-Mounted
  • Tabletop
  • 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 Region:

  • North India
  • West and Central India
  • East India
  • South India
     

Competitive Landscape:

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

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Installation Method, Connectivity, Application, Region
Region Covered North India, West and Central India, East India, South India
Customization Scope 10% Free Customization
Report Price and Purchase Option

Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the India soundbar market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India 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 India soundbar market and who are the key players?
  • What is the degree of competition in the industry?

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India Soundbar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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