Market Overview 2022-2027:
The global loudspeaker market reached a value of US$ 7.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2027, exhibiting at a CAGR of 4.36% 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.
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.
Global 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 2022-2027. Our report has categorized the market based on product type, application and end user.
Breakup by Product Type:
- Satellite
- Subwoofers
- Soundbar
- In-Wall
- Outdoor
- Multimedia
Breakup by Application:
- Electronic Gadgets
- Home Entertainment
- Automotive
- Communication
- Others
Breakup by End User:
- Household
- Commercial
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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 |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| 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$ 2499
Five User License: US$ 3499
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 Satellite
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Subwoofers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Soundbar
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 In-Wall
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Outdoor
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Multimedia
6.6.1 Market Trends
6.6.2 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$), 2016-2021
Figure 3: Global: Loudspeaker Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Loudspeaker Market: Breakup by Product Type (in %), 2021
Figure 5: Global: Loudspeaker Market: Breakup by Application (in %), 2021
Figure 6: Global: Loudspeaker Market: Breakup by End User (in %), 2021
Figure 7: Global: Loudspeaker Market: Breakup by Region (in %), 2021
Figure 8: Global: Loudspeaker (Satellite) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Loudspeaker (Satellite) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Loudspeaker (Subwoofers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Loudspeaker (Subwoofers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Loudspeaker (Soundbar) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Loudspeaker (Soundbar) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Loudspeaker (In-Wall) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Loudspeaker (In-Wall) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Loudspeaker (Outdoor) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Loudspeaker (Outdoor) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Loudspeaker (Multimedia) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Loudspeaker (Multimedia) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Loudspeaker (Electronic Gadgets) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Loudspeaker (Electronic Gadgets) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Loudspeaker (Home Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Loudspeaker (Home Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Loudspeaker (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Loudspeaker (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Loudspeaker (Communication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Loudspeaker (Communication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Loudspeaker (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Loudspeaker (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Loudspeaker (Household) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Loudspeaker (Household) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Loudspeaker (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Loudspeaker (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Loudspeaker (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Loudspeaker (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: North America: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: North America: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: United States: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: United States: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Canada: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Canada: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Asia-Pacific: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Asia-Pacific: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: China: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: China: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Japan: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Japan: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: India: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: India: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: South Korea: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: South Korea: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Australia: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Australia: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Indonesia: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Indonesia: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Europe: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Europe: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Germany: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Germany: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: France: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: France: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: United Kingdom: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: United Kingdom: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Italy: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Italy: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Spain: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Spain: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Russia: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Russia: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Latin America: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Latin America: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Brazil: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Brazil: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Mexico: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Mexico: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Middle East and Africa: Loudspeaker Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Middle East and Africa: Loudspeaker Market: Breakup by Country (in %), 2021
Figure 84: Middle East and Africa: Loudspeaker Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Global: Loudspeaker Industry: SWOT Analysis
Figure 86: Global: Loudspeaker Industry: Value Chain Analysis
Figure 87: Global: Loudspeaker Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Loudspeaker Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Loudspeaker Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Loudspeaker Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Loudspeaker Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Loudspeaker Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Loudspeaker Market: Competitive Structure
Table 7: Global: Loudspeaker Market: Key Players