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Loudspeaker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global loudspeaker market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. 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. These insights are included in the report as a major market contributor.

Loudspeakers are electronic items used to convert electrical energy into acoustic energy. They are widely available in different sizes, types, and features to integrate with different devices. For instance, loudspeakers in sound reinforcement systems are efficient and durable and they have directivity control and power-handling capacity. These speakers find extensive applications in cinemas, theaters, concert halls, stadiums, and arenas wherein direction control of sound radiation and large acoustic power are required. Besides this, as loudspeakers provide wide-coverage angles, stereo imaging, clarity, and accurate and better sounding, their demand is rising around the world.

Loudspeaker Market Trends:

Governing agencies rely on loudspeakers in electronic public address systems to make announcements and spread awareness about a general issue among individuals. This, in confluence with the mass spread of the coronavirus disease (COVID-19), is positively influencing the need for loudspeakers to transit safety messages in public places. Apart from this, rising consumer spending on media and entertainment services, such as live events and films, acts as another major factor increasing the application of loudspeakers in the media and entertainment industry. Moreover, the emerging trend of home theatre systems on account of rapid urbanization, inflating income levels and rising Internet penetration is driving the sales of voice-activated loudspeakers worldwide. Furthermore, leading manufacturers are introducing commercial loudspeakers for easy installation in large-scale distributed establishments like retail stores, restaurants, bars and clubs, and hospitality venues. Besides this, due to the escalating demand for personalized content and enhanced user experience, these manufacturers are offering smart loudspeakers via online channels, which is impelling the market growth. This can be accredited to the thriving e-commerce industry and boosting sales of smart devices.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global loudspeaker market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product type, application and end user.

Breakup by Product Type:

  • Soundbar
  • Outdoor
  • In-wall
  • Multimedia
  • Others
     

Breakup by Application:

  • Electronic Gadgets
  • Home Entertainment
  • Automotive
  • Communication
  • Others
     

Breakup by End User:

  • Household
  • Commercial
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bose Corporation, Dynaudio AS (Goertek Inc.), Harbeth Audio Ltd., Harman International Industries Incorporated (Samsung Electronics Co. Ltd.), Koninklijke Philips N.V., Lenovo Group Limited, LG Electronics Inc., Panasonic Corporation, Peavey Electronics Corporation, Sony Corporation, Sound United LLC, Vandersteen Audio and VOXX International Corp.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product Type, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Bose Corporation, Dynaudio AS (Goertek Inc.), Harbeth Audio Ltd., Harman International Industries Incorporated (Samsung Electronics Co. Ltd.), Koninklijke Philips N.V., Lenovo Group Limited, LG Electronics Inc., Panasonic Corporation, Peavey Electronics Corporation, Sony Corporation, Sound United LLC, Vandersteen Audio and VOXX International Corp.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
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 global loudspeaker market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global loudspeaker market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • 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 global loudspeaker market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Loudspeaker Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Soundbar
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Outdoor
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    In-wall
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Multimedia
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Application
    7.1    Electronic Gadgets
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Home Entertainment
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Automotive
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Communication
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by End User
    8.1    Household
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Commercial
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Bose Corporation
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 SWOT Analysis
        14.3.2    Dynaudio AS (Goertek Inc.)
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Harbeth Audio Ltd.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Harman International Industries Incorporated (Samsung Electronics Co. Ltd.)
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
        14.3.5    Koninklijke Philips N.V.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Lenovo Group Limited
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    LG Electronics Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Panasonic Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Peavey Electronics Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Sony Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Sound United LLC
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Vandersteen Audio
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
        14.3.13    VOXX International Corp.
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio
           14.3.13.3 Financials

List of Figures

Figure 1: Global: Loudspeaker Market: Major Drivers and Challenges
Figure 2: Global: Loudspeaker Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Loudspeaker Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Loudspeaker Market: Breakup by Product Type (in %), 2020
Figure 5: Global: Loudspeaker Market: Breakup by Application (in %), 2020
Figure 6: Global: Loudspeaker Market: Breakup by End User (in %), 2020
Figure 7: Global: Loudspeaker Market: Breakup by Region (in %), 2020
Figure 8: Global: Loudspeaker (Soundbar) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Loudspeaker (Soundbar) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Loudspeaker (Outdoor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Loudspeaker (Outdoor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Loudspeaker (In-wall) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Loudspeaker (In-wall) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Loudspeaker (Multimedia) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Loudspeaker (Multimedia) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Loudspeaker (Other Product Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Loudspeaker (Other Product Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Loudspeaker (Electronic Gadgets) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Loudspeaker (Electronic Gadgets) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Loudspeaker (Home Entertainment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Loudspeaker (Home Entertainment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Loudspeaker (Automotive) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Loudspeaker (Automotive) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Loudspeaker (Communication) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Loudspeaker (Communication) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Loudspeaker (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Loudspeaker (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Loudspeaker (Household) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Loudspeaker (Household) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Loudspeaker (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Loudspeaker (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Loudspeaker (Other End Users) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Loudspeaker (Other End Users) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: North America: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: North America: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: United States: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: United States: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Canada: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Canada: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Asia-Pacific: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Asia-Pacific: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: China: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: China: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Japan: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Japan: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: India: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: India: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: South Korea: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: South Korea: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Australia: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Australia: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Indonesia: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Indonesia: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Others: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Others: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Europe: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Europe: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Germany: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Germany: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: France: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: France: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: United Kingdom: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: United Kingdom: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Italy: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Italy: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Spain: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Spain: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Russia: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Russia: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Others: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Others: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Latin America: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Latin America: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Brazil: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Brazil: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Mexico: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Mexico: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Others: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Others: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Middle East and Africa: Loudspeaker Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Middle East and Africa: Loudspeaker Market: Breakup by Country (in %), 2020
Figure 82: Middle East and Africa: Loudspeaker Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Global: Loudspeaker Industry: SWOT Analysis
Figure 84: Global: Loudspeaker Industry: Value Chain Analysis
Figure 85: Global: Loudspeaker Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Loudspeaker Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Loudspeaker Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Global: Loudspeaker Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Loudspeaker Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 5: Global: Loudspeaker Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Loudspeaker Market: Competitive Structure
Table 7: Global: Loudspeaker Market: Key Players

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