Request for Covid-19 Impact Assessment of this Report
Products such as smart speakers, true wireless stereo (TWS), smart soundbars, and few portable speakers can work with virtual assistants, which function on artificial intelligent technologies. Virtual assistants such as Alexa by Amazon, Siri by Apple, Cortana by Microsoft, and Google Assistant by Alphabet, Inc. provide a user-friendly platform and can perform multiple functions from playing radio to integrating with home automation products. Virtual assistant technology developers constantly focus on upgrading the features of virtual assistant devices, which enable smart speakers perform more functions. These rapid advancements promote the demand for speakers with AI virtual assistant technologies, thereby boosting the growth of the audio products market. Moreover, batteries are an integral part of portable speakers and wireless audio products. Development in battery technologies aid in enhancing product quality as well as reducing the price of the overall product.
Portable speakers majorly include rechargeable lithium-ion batteries with an average battery backup of up to eight hours. However, with advancements in battery technologies, major players in the industry are focused on developing high-end products with superior battery life. These battery-related product upgrades foster the demand for portable speakers and wireless audio products, which propels growth of the Europe audio products market.
However, artificial technologies, such as voice assistants, capture data for analysis and render it into information. This data is stored on cloud storage, which is prone to cyberattacks and creates threat of data thefts. Such instances hinder the adoption of smart speakers, which hampers the market growth. In addition, the outbreak of the COVID-19 pandemic has directly impacted the audio products market. This is attributed to the fact that the pandemic originated in China and China being the largest exporter of the electronic goods globally, production and sale of audio products were directly impacted. Furthermore, due to the lockdown imposed by the Chinese Government, the production of electronics components was halted. To maintain social distancing, unavailability of workforce further delayed the production of audio products, thereby hampering the growth of the market.
The Europe audio products market is segmented into type, technology, distribution channel, and country. By type, the market is categorized into soundbar & home cinema, Hi-Fi or audio systems, radio, and speakers. Depending on technology, it is segregated into Dolby Atmos; DTS-X; DTS Play-Fi; built-in Google, Siri, or Alexa; multiroom; and others. On the basis of distribution channel, it is fragmented into specialty electronic stores, e-commerce, hypermarkets, and others. Country wise, it is classified into Germany, the UK, France, Italy, Spain, Poland, and rest of Europe.
The key market players profiled in the report include Samsung Electronics Co., LTD, Sonos, Inc., Blaupunkt GMBH, Bose Corporation, Koninklijke Philips N.V., Sony Corporation, LG, Alphabet Inc., Amazon, Inc., and Panasonic.
KEY BENEFITS FOR STAKEHOLDERS
• The report provides a quantitative analysis of the current market trends, estimations, and dynamics of the market size from 2020 to 2027 to identify the prevailing market opportunities.
• The key countries in all the major regions are mapped on the basis of audio products market share.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis and market size and segmentation assist to determine the prevailing market opportunities.
• Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The audio products market report includes the market analysis at country level, key players, market segments, application areas, and growth strategies.
• Competitive intelligence of the industry highlights the business practices followed by key players across European region and the prevailing market opportunities.
KEY MARKET SEGMENTS
By Type
• Soundbar & home cinema
• Hi-Fi or audio systems
• Radio
• Speakers
By Technology
• Dolby Atmos
• DTS-X
• DTS Play-Fi
• Built-in Google, Siri, or Alexa
• Multiroom
• Others
By Distribution Channel
• Specialty Electronic Stores
• E commerce
• Hypermarkets
• Others
By Country
• Europe
o Germany
o UK
o France
o Italy
o Spain
o Poland
o Rest of Europe
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Market Share Analysis/Top Player Positioning 2019
3.4.1.Share analysis in Europe audio products market, 2019 (%)
3.5.Market dynamics
3.5.1.Drivers
3.5.1.1.Surge in demand for wireless audio devices
3.5.1.2.Increase in demand for smart speakers
3.5.2.Restraints
3.5.2.1.Government regulation for audio products market
3.5.2.2.Data privacy and security concerns
3.5.3.Opportunity
3.5.3.1.Expansion of online sales channel
3.6.Pricing analysis, 2019 ($)
3.7.Value chain analysis
3.8.Hitlists by territory (top selling models)
3.8.1.Audio Products Top selling models: Germany
3.8.2.Audio Products Top selling models: UK
3.8.3.Audio Products Top selling models: Spain
3.8.4.Audio Products Top selling models: Italy
3.8.5.Audio Products Top selling models: Poland
3.9.COVID-19 impact analysis
CHAPTER 4:EUROPE AUDIO PRODUCTS MARKET, BY TYPE
4.1.Overview
4.1.1.Market size and forecast
4.2.Soundbar & home cinema
4.2.1.Overview
4.2.2.Key market trends, growth factors, and opportunities
4.2.3.Market size and forecast
4.3.Hi-Fi or audio systems
4.3.1.Overview
4.3.2.Key market trends, growth factors, and opportunities
4.3.3.Market size and forecast
4.4.Radio
4.4.1.Overview
4.4.2.Key market trends, growth factors, and opportunities
4.4.3.Market size and forecast
4.5.Speakers
4.5.1.Overview
4.5.2.Key market trends, growth factors, and opportunities
4.5.3.Market size and forecast
CHAPTER 5:EUROPE AUDIO PRODUCTS MARKET, BY TECHNOLOGY
5.1.Overview
5.1.1.Market size and forecast
5.2.Dolby Atmos
5.2.1.Overview
5.2.2.Key market trends, growth factors, and opportunities
5.2.3.Market size and forecast
5.3.DTS-X
5.3.1.Overview
5.3.2.Key market trends, growth factors, and opportunities
5.3.3.Market size and forecast
5.4.DTS Play-Fi
5.4.1.Overview
5.4.2.Key market trends, growth factors, and opportunities
5.4.3.Market size and forecast
5.5.Built- in Google, Siri, or Alexa
5.5.1.Overview
5.5.2.Key market trends, growth factors, and opportunities
5.5.3.Market size and forecast
5.6.Multiroom
5.6.1.Overview
5.6.2.Key market trends, growth factors, and opportunities
5.6.3.Market size and forecast
5.7.Others
5.7.1.Overview’
5.7.2.Key market trends, growth factors, and opportunities
5.7.3.Market size and forecast
CHAPTER 6:EUROPE AUDIO PRODUCTS MARKET, BY DISTRIBUTION CHANNEL
6.1.Overview
6.1.1.Market size and forecast
6.2.Specialty electronic stores
6.2.1.Overview
6.2.2.Key market trends, growth factors, and opportunities
6.2.3.Market size and forecast
6.3.E- commerce
6.3.1.Overview
6.3.2.Key market trends, growth factors, and opportunities
6.3.3.Market size and forecast
6.4.Hypermarkets
6.4.1.Overview
6.4.2.Key market trends, growth factors, and opportunities
6.4.3.Market size and forecast
6.5.Others
6.5.1.Overview
6.5.2.Key market trends, growth factors, and opportunities
6.5.3.Market size and forecast
CHAPTER 7:EUROPE AUDIO PRODUCTS MARKET, BY COUNTRY
7.1.Overview
7.1.1.Market size and forecast
7.1.1.1.Germany
7.1.1.1.1.Market size and forecast, by type
7.1.1.1.2.Market size and forecast, by technology
7.1.1.1.3.Market size and forecast, by distribution channel
7.1.1.2.UK
7.1.1.2.1.Market size and forecast, by type
7.1.1.2.2.Market size and forecast, by technology
7.1.1.2.3.Market size and forecast, by distribution channel
7.1.1.3.France
7.1.1.3.1.Market size and forecast, by type
7.1.1.3.2.Market size and forecast, by technology
7.1.1.3.3.Market size and forecast, by distribution channel
7.1.1.4.Italy
7.1.1.4.1.Market size and forecast, by type
7.1.1.4.2.Market size and forecast, by technology
7.1.1.4.3.Market size and forecast, by distribution channel
7.1.1.5.Spain
7.1.1.5.1.Market size and forecast, by type
7.1.1.5.2.Market size and forecast, by technology
7.1.1.5.3.Market size and forecast, by distribution channel
7.1.1.6.Poland
7.1.1.6.1.Market size and forecast, by type
7.1.1.6.2.Market size and forecast, by technology
7.1.1.6.3.Market size and forecast, by distribution channel
7.1.1.7.Rest of Europe
7.1.1.7.1.Market size and forecast, by type
7.1.1.7.2.Market size and forecast, by technology
7.1.1.7.3.Market size and forecast, by distribution channel
CHAPTER 8:COMPETITION LANDSCAPE
8.1.Top winning strategies
8.2.Product mapping
8.3.Competitive dashboard
8.4.Competitive heat map
8.5.Key developments
8.5.1.Acquisition
8.5.2.Agreement
8.5.3.Business expansion
8.5.4.Collaboration
8.5.5.Partnership
8.5.6.Product launch
CHAPTER 9:COMPANY PROFILES
9.1.ALPHABET, INC.
9.1.1.Company overview
9.1.2.Key executive
9.1.3.Company snapshot
9.1.4.Operating business segments
9.1.5.Product portfolio
9.1.6.R&D expenditure
9.1.7.Business performance
9.1.8.Key strategic moves and developments
9.2.AMAZON, INC.
9.2.1.Company overview
9.2.2.Key executive
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.Business performance
9.2.7.Key strategic moves and developments
9.3.BLAUPUNKT INTERNATIONAL GMBH & CO KG
9.3.1.Company overview
9.3.2.Key executive
9.3.3.Company snapshot
9.3.4.Product portfolio
9.4.BOSE CORPORATION
9.4.1.Company overview
9.4.2.Key executive
9.4.3.Company snapshot
9.4.4.Product portfolio
9.5.B&W GROUP LTD
9.5.1.Company overview
9.5.2.Key executive
9.5.3.Company snapshot
9.5.4.Product portfolio
9.6.KONINKLIJKE PHILIPS N.V.
9.6.1.Company overview
9.6.2.Key executive
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.R&D expenditure
9.6.7.Business performance
9.6.8.Key strategic moves and developments
9.7.LG ELECTRONICS
9.7.1.Company overview
9.7.2.Key executive
9.7.3.Company snapshot
9.7.4.Operating business segments
9.7.5.Product portfolio
9.7.6.Business performance
9.7.7.Key strategic moves and developments
9.8.PANASONIC CORPORATION
9.8.1.Company overview
9.8.2.Key executive
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D expenditure
9.8.7.Business performance
9.8.8.Key strategic moves and developments
9.9.SAMSUNG ELECTRONICS CO. LTD.
9.9.1.Company overview
9.9.2.Key executive
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.R&D expenditure
9.9.7.Business performance
9.9.8.Key strategic moves and developments
9.10.SONOS, INC.
9.10.1.Company overview
9.10.2.Key executive
9.10.3.Company snapshot
9.10.4.Product portfolio
9.10.5.R&D expenditure
9.10.6.Business performance
9.10.7.Key strategic moves and developments
9.11.SONY CORPORATION
9.11.1.Company overview
9.11.2.Key executive
9.11.3.Company snapshot
9.11.4.Operating business segments
9.11.5.Product portfolio
9.11.6.R&D expenditure
9.11.7.Business performance
9.11.8.Key strategic moves and developments
TABLE 01.EUROPE AUDIO PRODUCTS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.EUROPE AUDIO PRODUCTS MAKRET REVENUE FOR SOUNDBAR & HOME CINEMA, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 03.EUROPE AUDIO PRODUCTS MAKRET REVENUE FOR HI-FI OR AUDIO SYSTEMS , BY COUNTRY, 2019–2027 ($MILLION)
TABLE 04.EUROPE AUDIO PRODUCTS MAKRET REVENUE FOR RADIO, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 05.EUROPE AUDIO PRODUCTS MAKRET REVENUE FOR SPEAKERS, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 06.EUROPE AUDIO PRODUCTS MARKET REVENUE, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 07.EUROPE AUDIO PRODUCTS MARKET REVENUE FOR DOLBY ATMOS, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 08.EUROPE AUDIO PRODUCTS MARKET REVENUE FOR DTS-X, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 09.EUROPE AUDIO PRODUCTS MARKET REVENUE FOR DTS PLAY-FI, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 10.EUROPE AUDIO PRODUCTS MARKET REVENUE FOR BUILT-IN GOOGLE, SIRI, OR ALEXA, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 11.EUROPE AUDIO PRODUCTS MARKET REVENUE FOR MULTIROOM, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 12.EUROPE AUDIO PRODUCTS MARKET REVENUE FOR OTHERS, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 13.EUROPE AUDIO PRODUCTS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 14.EUROPE AUDIO PRODUCTS MARKET REVENUE FOR SPECIALTY ELECTRONIC STORES, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 15.EUROPE AUDIO PRODUCTS REVENUE FOR E-COMMERCE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 16.EUROPE AUDIO PRODUCTS REVENUE FOR HYPERMARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 17.EUROPE AUDIO PRODUCTS REVENUE FOR OTHERS, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 18.EUROPE AUDIO PRODUCTS MARKET, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 19.GERMANY AUDIO PRODUCTS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 20.GERMANY AUDIO PRODUCTS MARKET REVENUE, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 21.GERMANY AUDIO PRODUCTS REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 22.UK AUDIO PRODUCTS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 23.UK. AUDIO PRODUCTS MARKET REVENUE, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 24.UK. AUDIO PRODUCTS REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 25.FRANCE AUDIO PRODUCTS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 26.FRANCE. AUDIO PRODUCTS MARKET REVENUE, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 27.FRANCE. AUDIO PRODUCTS REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 28.ITALY AUDIO PRODUCTS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 29.ITALY. AUDIO PRODUCTS MARKET REVENUE, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 30.ITALY AUDIO PRODUCTS REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 31.SPAIN AUDIO PRODUCTS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 32.SPAIN. AUDIO PRODUCTS MARKET REVENUE, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 33.SPAIN AUDIO PRODUCTS REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 34.POLAND AUDIO PRODUCTS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 35.POLAND AUDIO PRODUCTS MARKET REVENUE, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 36.POLAND AUDIO PRODUCTS REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 37.REST OF EUROPE AUDIO PRODUCTS MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 38.REST OF EUROPE AUDIO PRODUCTS MARKET REVENUE, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 39.REST OF EUROPE AUDIO PRODUCTS REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($MILLION)
TABLE 40.ALPHABET, INC.: KEY EXECUTIVE
TABLE 41.ALPHABET, INC.: COMPANY SNAPSHOT
TABLE 42.ALPHABET, INC.: OPERATING SEGMENTS
TABLE 43.ALPHABET, INC.: PRODUCT PORTFOLIO
TABLE 44.ALPHABET, INC.: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 45.ALPHABET, INC.: NET SALES, 2017–2019 ($MILLION)
TABLE 46.AMAZON, INC.: KEY EXECUTIVE
TABLE 47.AMAZON, INC.: COMPANY SNAPSHOT
TABLE 48.AMAZON, INC.: OPERATING SEGMENTS
TABLE 49.AMAZON, INC.: PRODUCT PORTFOLIO
TABLE 50.AMAZON, INC.: NET SALES, 2017–2019 ($MILLION)
TABLE 51.BLAUPUNKT INTERNATIONAL GMBH & CO KG: KEY EXECUTIVE
TABLE 52.BLAUPUNKT INTERNATIONAL GMBH & CO KG: COMPANY SNAPSHOT
TABLE 53.BLAUPUNKT INTERNATIONAL GMBH & CO KG: PRODUCT PORTFOLIO
TABLE 54.BOSE CORPORATION: KEY EXECUTIVE
TABLE 55.BOSE CORPORATION: COMPANY SNAPSHOT
TABLE 56.BOSE CORPORATION: PRODUCT PORTFOLIO
TABLE 57.B&W GROUP LTD: KEY EXECUTIVE
TABLE 58.B&W GROUP LTD: COMPANY SNAPSHOT
TABLE 59.B&W GROUP LTD: PRODUCT PORTFOLIO
TABLE 60.KONINKLIJKE PHILIPS N.V.: KEY EXECUTIVE
TABLE 61.KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT
TABLE 62.KONINKLIJKE PHILIPS N.V.: OPERATING SEGMENTS
TABLE 63.KONINKLIJKE PHILIPS N.V.: PRODUCT PORTFOLIO
TABLE 64.KONINKLIJKE PHILIPS N.V.: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 65.KONINKLIJKE PHILIPS N.V.: NET SALES, 2017–2019 ($MILLION)
TABLE 66.LG ELECTRONICS: KEY EXECUTIVE
TABLE 67.LG ELECTRONICS: COMPANY SNAPSHOT
TABLE 68.LG ELECTRONICS: OPERATING SEGMENTS
TABLE 69.LG ELECTRONICS: PRODUCT PORTFOLIO
TABLE 70.LG ELECTRONICS: NET SALES, 2017–2019 ($MILLION)
TABLE 71.PANASONIC CORPORATION: KEY EXECUTIVE
TABLE 72.PANASONIC CORPORATION: COMPANY SNAPSHOT
TABLE 73.PANASONIC CORPORATION: OPERATING SEGMENTS
TABLE 74.PANASONIC CORPORATION: PRODUCT PORTFOLIO
TABLE 75.PANASONIC CORPORATION: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 76.PANASONIC CORPORATION: NET SALES, 2017–2019 ($MILLION)
TABLE 77.SAMSUNG ELECTRONICS CO. LTD.: KEY EXECUTIVE
TABLE 78.SAMSUNG ELECTRONICS CO. LTD.: COMPANY SNAPSHOT
TABLE 79.SAMSUNG ELECTRONICS CO. LTD.: OPERATING SEGMENTS
TABLE 80.SAMSUNG ELECTRONICS CO. LTD.: PRODUCT PORTFOLIO
TABLE 81.SAMSUNG ELECTRONICS CO. LTD.: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 82.SAMSUNG ELECTRONICS CO. LTD.: NET SALES, 2017–2019 ($MILLION)
TABLE 83.SONOS, INC.: KEY EXECUTIVE
TABLE 84.SONOS, INC.: COMPANY SNAPSHOT
TABLE 85.SONOS, INC.: PRODUCT PORTFOLIO
TABLE 86.SONOS, INC.: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 87.SONOS, INC.: NET SALES, 2017–2019 ($MILLION)
TABLE 88.SONY CORPORATION: KEY EXECUTIVE
TABLE 89.SONY CORPORATION: COMPANY SNAPSHOT
TABLE 90.SONY CORPORATION: OPERATING SEGMENTS
TABLE 91.SONY CORPORATION: PRODUCT PORTFOLIO
TABLE 92.SONY CORPORATION: R&D EXPENDITURE, 2017–2019 ($MILLION)
TABLE 93.SONY CORPORATION: NET SALES, 2017–2019 ($MILLION)
Refrigerated display cases are cabinets with glass surfaces for items, which require cooling or preservation. The cases are ideal for products requiring a regulated temperature to maintain the freshness. These are mostly used in retail stores and food & re...
Probiotics are microorganisms, such as bacteria and yeast, that are very useful to sustain the balance of intestinal microbial in human and animal body. Probiotic ingredients stimulate natural digestive juices and enzymes in the body to ensure proper functio...
Wearable technology refers to electronics devices that are designed to be worn anywhere around the body thereby enabling hands free operations. Wearable technology products have gained popularity over the past few years, with advancements in technology an...