Top 10 Soundbar Companies in the World

The global soundbar market reached a value of US$ 3.9 Billion in 2023. As per the analysis by IMARC Group, the leading companies in the soundbar industry are tackling an increased demand for soundbars by manufacturing high-quality, lightweight, and modern design soundbar speakers, which can be easily mountable above or below display devices like televisions. They are also integrated with inbuilt subwoofers to generate clear sound with a surround effect. Besides this, the rising internet penetration, along with the rapid digital transformation of the broadcasting industry, is offering lucrative growth opportunities to key players. Additionally, leading companies are focusing on integrating various functionalities, such as voice assistance, artificial intelligence (AI), and the internet of things (IoT), to enhance user experience and make wireless streaming devices more user-friendly. They are also developing new and improved audio devices by heavily investing in research and development (R&D) activities. Top players are focusing on strategic partnerships and introducing new products to retain their position in the market. Looking forward, the market value is expected to reach US$ 7.7 Billion by 2032, growing at a CAGR of 7.7% during the forecast period (2024-2032).

Learn about opportunities, challenges, and trends in the global Soundbar market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Soundbar Industry Worldwide:

The global soundbar market has several major players Bose Corporation, Edifier International Limited, HARMAN International, LG Electronics Inc., Panasonic Holdings Corporation, Masimo Corp., Samsung Electronics Co. Ltd., Sennheiser Electronic GmbH & Co. KG, Sony Group Corporation, and Yamaha Corporation. More information about these companies has been provided below.

1. Bose Corporation

Bose Corporation is one of the leading manufacturers of home audio systems, speakers, headphones, and other professional audio products. It comprises a bunch of music fanatics and audio engineers who are focused on bringing innovative and state-of-the-art audio products to other music lovers. It has spanned decades and industries in creating, and transforming categories in audio and beyond for homes, cars, and public places.

2. Edifier International Limited

Edifier International Limited specializes in the designing and manufacturing of premium audio solutions that showcase technological innovation and design excellence. The company delivers outstanding sound experiences through a wide range of home sound, professional audio, automobile audio, headphones, and microphones for personal and professional purposes. It also heavily invests in manufacturing products that showcase exceptional designs at premium quality while maintaining affordability for the masses.

3. HARMAN International

HARMAN International designs and creates connected products and solutions for automakers, consumers, and enterprises around the world. The company focuses on manufacturing connected car systems, audio and visual products, enterprise automation solutions, and connected services. It also comprises a talented workforce and innovation strength to create value for its customers by enabling connected experiences at home, in the car, and on the go. It focuses on collaborating with innovative partners to propel its growth amidst disruptive technologies.

4. LG Electronics Inc.

LG Electronics Inc. is one of the top manufacturers of electronic goods and services in the world that make lives better, easier, and happier through increased functionality and fun. The company focuses on understanding its customers and offering optimum solutions and new experiences through ceaseless innovation. It manufactures various home appliances and entertainment products, such as televisions, monitors, washing machines, refrigerators, air conditioners, dehumidifiers, vacuum cleaners, and cooking appliances.

5. Panasonic Holdings Corporation

Panasonic Holdings Corporation focuses on manufacturing home appliances and domestic equipment for cost-effective prices and can enhance the lives of its customers. The company also specializes in producing batteries and electronic components for mobility and social infrastructure. It focuses on pushing the boundaries of imagination to craft innovative solutions and create a more comfortable and sustainable world.

6. Masimo Corp.

Masimo Corp. is a global medical technology company that develops and produces a wide range of industry-leading monitoring technologies, including innovative measurements, sensors, and patient monitors. The company also focuses on creating state-of-the-art consumer audio products, such as home theater systems, speakers, and various premium quality soundbars. It heavily invests in creating innovative and outstanding quality products which can deliver quality sound and superior fidelity. 

7. Samsung Electronics Co. Ltd.

Samsung Electronics Co. Ltd. is one of the biggest manufacturers of electronics and electrical items in the world. The company specializes in producing premium quality and affordable sound devices, including ultra-slim soundbars, sound towers, and audio accessories. It also focuses on creating a wide variety of home appliances, such as refrigerators, vacuum cleaners, cooking appliances, dishwashers, and numerous air-purifying devices.

8. Sennheiser Electronic GmbH & Co. KG

Sennheiser Electronic GmbH & Co. KG focuses on shaping the future of audio by creating unique sound experiences for its customers. The company specializes in creating professional audio technology with the mission of shaping the future of the audio world. It also produces headphones, microphones, and wireless transmission technology, which can deliver perfect sound.

9. Sony Group Corporation

Sony Group Corporation focuses on the power of creativity and technology to produce premium quality electronic products. The company partners with young creative leaders to investigate how technology is impacting the future of experiences, culture, education, and entertainment. It specializes in manufacturing speakers, soundbars, a wide range of consumer electronics, and gaming consoles.

10. Yamaha Corporation

Yamaha Corporation specializes in creating premium quality musical instruments, including pianos, digital musical instruments, wind, string, and percussion instruments. The company also manufactures a wide variety of audio equipment, professional audio equipment, telecommunication products, and other electronic devices. It streamlines collaboration and boosts productivity whenever people need to speak openly, share freely, and create exceptional things.

Get an inside look at the soundbar market with exclusive insights, including:

• CAGR projections during the 2024-2032 forecast period.
• In-depth information on the factors that will fuel the soundbar market growth in the next five years.
• Precise predictions regarding upcoming trends and potential changes in consumer behavior.
• Analysis of the soundbar industry's expansion at the regional and global level.
• A thorough review of the market's competitive landscape and detailed information on key players.
• Detailed explanations of the challenges that could impede the growth of the soundbar market.

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