Consumer Goods

Global Home Theater Market 2016-2020

  • TEC373774
  • 53 Pages
  • December 2015
  • Consumer Goods
Market outlook of the home theater market

A home theater refers to a set of audio systems that are interconnected with audio and video systems like a DVD/Blu-ray player, TV, or other sound systems. The global market for home theaters is expected to witness steady growth during the forecast period and is influenced by factors like the growing number of smart homes across the globe. These factors promote the prospects for growth in this market during the forecast period and results in its impressive market value of more than USD 28 billion by 2020.



Technavio market research analyst has estimated eminent factors, such as the wireless streaming of audio content, to drive market growth during the forecast period. Recently, it has been observed that most of the audio systems are equipped with wireless features like Bluetooth and Wi-Fi connectivity. The ability of these devices to connect to portable devices like smartphones, tablets, and laptops is a significant factor that impels growth in this market during the forecast period.

Geographical segmentation of the home theater market

Americas
APAC
EMEA
Geographically, the Americas are expected to account for a market share of nearly 40% by 2020. The high market share of this region can be attributed to the growing preference of the consumers towards better visual and audio effects. Since this region is an early adopter of the home theater technology, the market in this region is expected to reach a level of saturation during the forecast period.

Competitive landscape and key vendors - Bose, LG Electronics, Panasonic

This market is highly competitive and fragmented due to the presence of numerous large and small vendors. Intense competition, rapid advances in technology, and frequent changes in consumer preferences are examples of some factors that pose significant challenges to the vendors. These vendors compete with each other on the basis of performance, innovation, product features, quality, low cost, selling price, distribution, and financial stability to gain maximum prominence in this market during the forecast period.

Key vendors in this market are -

Bose
LG Electronics
Panasonic
Samsung Electronics
Sony
Other prominent vendors analyzed in this market research are Atlantic Technology, Bowers & Wilkins, D&M, Definitive Technology, GoldenEar Technology, Harman, Koninklijke Philips, Logitech International, Monitor Audio, Pioneer, Sharp, Sonos, and Toshiba.

Growth drivers, challenges, and upcoming trends - Home theaters

Technavio market research analysts envisage upcoming trends, such as the growing number of smart homes, to incite the prospects for growth in this market during the forecast period. Home theaters play a critical role in the functioning of smart homes as they replace the traditional audio systems in smart TVs and gaming consoles. Additionally, the increased spending capacity of consumers in developing countries across the globe is expected to be a significant factor that will foster growth in this market during the forecast period.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the home theater market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

What will the market size and the growth rate be in 2020?
What are the key factors driving the global home theater market?
What are the key market trends impacting the growth of the global home theater market?
What are the challenges to market growth?
Who are the key vendors in the global home theater market?
What are the market opportunities and threats faced by the vendors in the global home theater market?
Trending factors influencing the market shares of the EMEA, Americas, and APAC?
What are the key outcomes of the five forces analysis of the global home theater market?
Technavio also offers customization on reports based on specific client requirement.

Related reports

Global Home Audio Market 2014-2018
Global Networked Audio Products Market 2015-2019
Global Home Entertainment Equipment Market 2012-2016
Home Entertainment Market in the US 2015-2019
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

Universal Serial Bus Battery Charger Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015- 2024

Universal serial bus also known as USB were introduced in 1990’s it defines cables, connectors, and communication protocol used in bus for connection, communication, and power supplies between computers and ...

March 2017  |   Price:$ 7695    | Pre Book Price:$ 7695

Read More >>

Air Purifier Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Air purifier devices are used in removing the contaminants from the air either in closed rooms or in open areas depending on the range and extent of diffusion of the ...

March 2017  |   Price:$ 7695    | Pre Book Price:$ 7695

Read More >>

Global Mobility Scooter Market - Strategic Assessment and Forecast Till 2021

Mobility Scooter Market - Report Highlights The Worldwide Mobility Scooter market research report covers the present scenario and the growth prospects of the Worldwide Mobility Scooter Market for the period 2015 ...

July 2017  |   Price:$ 2995    | Pre Book Price:$ 2995

Read More >>

Global Vape Market (e-Cigarette and Vaporizer) - Strategic Assessment and Forecast Till 2021

Vape Market (e-Cigarette and Vaporizer) Market - Report Insights A vape product or broadly known as e-cigarette, electronic cigarette, and vaporizer is a battery operated device and has been reckoned as ...

July 2017  |   Price:$ 2995    | Pre Book Price:$ 2995

Read More >>

World Skin Care - Market Opportunities and Forecasts, 2014 - 2020

Cosmetics industry has experienced exponential rise since past few years. Skin care is considered the most profitable category of cosmetics industry. Both men and women use skin care products such ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

Global Digital Devices Technologies Market (Products, Geography, Software and Hardware) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

Digital devices technologies market for living room provides products that use varied technologies to give enhanced digital output for consumer products such as television home theatre etc. The global home ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

2017 © Copyright Big Market Research

View Pricing >>