Audio Equipment Market Research Reports & Industry Analysis

In-Car Entertainment in Sweden Retail volume sales of in-car entertainment, and in-car navigation systems in particular, continue to decline in Sweden in 2024. This trend is primarily driven by the increasing prevalence of built-in navigation systems in a growing share of the car fleet, which negate ...

Headphones in Sweden In 2024, retail volume sales of headphones in Sweden experienced a slight decrease. This decline follows the significant spikes in demand seen during the height of the COVID-19 pandemic. Despite the overall decrease, the demand for headphones remains stable, largely supported by ...

In-Car Entertainment in Ukraine In 2024, in-car entertainment saw a decline in both current value and volume terms. Factors such as the Russian invasion of Ukraine and reduced purchasing power may have restrained consumer spending on in-car entertainment. Moreover, the target audience of subcategori ...

Home Audio and Cinema in Hungary Home audio and cinema recorded strong volume sales decline in 2024 as these products faced competition from wireless sound systems, the increasing sound quality of portable computers and smartphones, and a growing preference for compact and interior design-friendly a ...

Home Audio and Cinema in Romania All products within home audio and cinema are expected to register a fall in volume sales in Romania in 2024. In particular, Hi-Fi systems are expected to see a steep fall in volume sales, as the rise of streaming services, portable audio devices and new digital form ...

Home Audio and Cinema in Thailand Volume sales of home audio and cinema products in Thailand will continue to decline in 2024, due to changes in consumer lifestyles. With a large proportion of the Thai population moving away from rural villages to cities, many consumers are now living in small apart ...

In-Car Entertainment in the Netherlands There is growing obsolescence in in-car navigation in the Netherlands in 2024, as new cars come equipped with integrated in-car entertainment, reducing the need for separate purchases. In addition, consumers increasingly use smartphones and tablets as substitu ...

Headphones in the Philippines True Wireless Stereo (TWS) earbuds in the Philippines has seen consistent volume growth, with a notable rise in the popularity of more affordable alternatives to premium brands. Brands such as Redmi, RealMe, and Moondrop have introduced budget-friendly TWS earbuds like ...

Portable Players in Sweden In 2024, the demand for portable players in Sweden experiences a significant decline. A notable trend within this area is the sharp decline in e-reader volumes. This decline is primarily driven by the substitution of e-readers with multifunctional consumer electronics such ...

Headphones in Thailand Headphones in Thailand will see positive growth in volume terms in 2024, continuing the trend of the previous year. These audio devices are rapidly becoming an integral part of daily life in the country, which is known for its thriving musical landscape, while the popularity o ...

Home Audio and Cinema in the Philippines Home audio and cinema in the Philippines is experiencing retail volume and current value sales decline in 2024. This trend can be attributed primarily to economic conditions and changing consumer preferences. Despite stronger GDP growth, there remains a high ...

Headphones in Malaysia In 2024, headphones in Malaysia is projected to see moderate retail volume growth, mainly due to TWS earbuds, but also wireless headbands, as wireless earphones sees a further steep decline. Importantly, the overall growth performance represents an improvement on 2022 and 2023 ...

Home Audio and Cinema in Ukraine In 2024, home audio and cinema registered a decline in volume sales and current value terms in Ukraine. Notably, hi-fi systems saw a significant decrease. This trend can be attributed to various factors, including the growing popularity of wireless and portable audio ...

Portable Players in France Portable players continue to struggle in France in 2024, due to the overall outdated image of traditional products in the category. E-readers continues its structural slump, due to the ability for consumers to read e-books on a variety of multifunctional devices (eg via th ...

Headphones in Turkey In 2024, headphones in Turkey sees a remarkable double-digit increase in volume sales, reaching 11 million units. This represents a significant improvement over the single-digit growth observed in the previous year. This surge is partly due to the recovery from the devastating e ...

Headphones in Romania Volume growth is expected to be healthy for headphones in 224, largely driven by significant volume sales of TWS earbuds. That being said, consumer continue to be price sensitive, after several years of inflation, though inflation eases in 2024. As such, more affordable mass br ...

Headphones in Mexico Retail volume sales of headphones in Mexico are projected to see a second consecutive year of strong growth in 2024. The sustained growth in the demand for headphones reflects the greater integration of advanced technologies and a growing consumer preference for Bluetooth and wi ...

In-Car Entertainment in Indonesia In 2024, the trend towards automobile companies teaming up with leading in-car entertainment manufacturers gathered pace. These partnerships are bringing advanced audio and video systems directly into cars at the time of manufacture. Such strategic partnerships are ...

Headphones in Poland Volume growth is expected to be healthy for headphones in Poland in 2024, largely driven by significant volume sales of TWS earbuds. That being said, consumers continue to be price sensitive, after several years of inflation, though inflation eases in 2024. As such, more afforda ...

In-Car Entertainment in the Czech Republic The car industry is experiencing rapid advancements, with built-in vehicle technology gaining momentum over dashboard-mounted players and speakers. The declining trend of aftermarket in-car entertainment products can be attributed to the increasing sophisti ...

In-Car Entertainment in Greece The strong rebound in new car ownership in Greece has supported sales of in-car entertainment in 2023. In 2024, volume growth slowed markedly as the cost-of-living crisis urged many consumers to become more conservative with their spending. This affected car sales grow ...

Portable Players in Egypt Despite the ongoing popularity of wireless speakers in Egypt, their sales volume continued to decline in 2024 due to persistent import restrictions. The demand for wireless speakers remains strong, yet the market is experiencing a significant shortage of well-known brands, ...

Portable Players in the Czech Republic Portable players continue to grow in Czech Republic, although retail volume sales are driven exclusively by wireless speakers. E-readers continued to be substituted with smartphones and tablets, with volume sales continuing to decline. Czech consumers still pre ...

Headphones in France Headphones falls into a slightly steeper volume slump in France 2024, with value sales also failing to achieve positive figures (albeit close, as the sub-decimal decline is minimal). Ongoing economic uncertainties typically affect volume growth due to mass consumer price-sensiti ...

In-Car Entertainment in Egypt In 2024, volume sales of in-car entertainment in Egypt look set to record growth. The demand for in-car navigation systems with satellite capabilities has sharply declined, however, leading to their complete absence from the market. This decline is driven by the high pr ...