The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global loudspeaker market was valued at US$ 7.1 Billion in 2021.
We expect the global loudspeaker market to exhibit a CAGR of 4.36% during 2022-2027.
The emergence of artificial intelligence-enabled, wireless, and portable loudspeakers to aid in promoting easy handling and providing enhanced consumer experience is primarily driving the global loudspeaker market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of loudspeakers.
Based on the product type, the global loudspeaker market can be segmented into satellite, subwoofers, soundbar, in-wall, outdoor, and multimedia. Currently, satellite holds the majority of the total market share.
Based on the application, the global loudspeaker market has been divided into electronic gadgets, home entertainment, automotive, communication, and others. Among these, home entertainment currently exhibits a clear dominance in the market.
Based on the end user, the global loudspeaker market can be categorized into household, commercial, and others. Currently, the household sector accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global loudspeaker market include 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.
Pro Speakers Market by Product (Point Source, Line Array, Sub Woofers, and Others), Format (Digital, Analog), Amplification Method (Passive Speakers, Powered Speakers), Distribution Channel (Online Channel, Offline Channel), End User (Corporates, Large Venues and Events, Educational Institutes, Government and Military, Studio and Broadcasting, Hospitality, and Others), and Region - 2023-2028
Earbuds Market by Features (Smart, Non-smart), Price Range (Premium Range (Greater than $150), Mid-Range ($50 - $150), Low Range (Less than $50)), Distribution Channel (Multi-Brand Electronic Stores, Hypermarket/Supermarket Stores, Online Stores, and Others), Application (Fitness & Gyming, Gaming, Music & Entertainment), and Region - 2023-2028
Hearables Market by Product (Headsets, Earbuds, Hearing Aids), Type (On Ear, In Ear, Over Ear), Connectivity Technology (Wired, Wireless), End User (Consumer, Industrial, Healthcare), and Region 2023-2028
Embedded Die Packaging Technology Market by Platform (Embedded Die in IC Package Substrate, Embedded Die in Rigid Board, Embedded Die in Flexible Board), Industry Vertical (Consumer Electronics, IT and Telecommunication, Automotive, Healthcare, and Others), and Region 2023-2028
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at