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Global Loud Speakers Market 2017-2021

Global Loud Speakers Market 2017-2021

About Loud Speakers

The market will experience a high growth, which is attributed to the growing number of smart homes globally that is continuously increasing the demand for loudspeakers. With the advancing technologies, there is a continuous change in consumer preferences. Because of the increased disposable income, the spending capability of individuals on leisure activity has increased in developed and developing countries like the US, the UK, France, Germany, China, and India. Therefore, the availability of the advanced surround sound technology has increased the demand for speaker worldwide.

Technavio’s analysts forecast the global loud speakers market to grow at a CAGR of 7.53% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global loud speakers market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of loudspeakers by location, type, and geography.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Loud Speakers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bose
  • DEI Holdings
  • HARMAN International
  • VOXX international
  • Yamaha
Other prominent vendors
  • Atlantic Technology
  • Bowers & Wilkins
  • Cambridge SoundWorks
  • Electro-Voice
  • JBL
  • KEF
  • Koninklijke Philips
  • Logitech
  • Panasonic
  • Pioneer
  • Pyle
  • RCF
  • Sennheiser Electronic
  • Shure
Market driver
  • Increasing use of loudspeakers for aural communication.
  • For a full, detailed list, view our report
Market challenge
  • Need for additional equipment for better sound quality.
  • For a full, detailed list, view our report
Market trend
  • Growing outsourcing for loudspeaker production.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Loud Speakers Market 2017-2021

Technavio recognizes the following companies as the key players in the global loud speakers market: Bose, DEI Holdings, HARMAN International, VOXX international, and Yamaha.

Other Prominent Vendors in the market are: Atlantic Technology, Bowers & Wilkins, Cambridge SoundWorks, Electro-Voice, JBL, KEF, Koninklijke Philips, Logitech, Panasonic, Pioneer, Pyle, RCF, Sennheiser Electronic, and Shure.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is rising number of live concerts and outdoor events. The growth in the number of live music concerts and outdoor events is driving the demand for high-quality loudspeakers. There is an increase in the number of talent hunt shows and musical educational institutions that are supporting the growth of new artists globally. In addition, the popularity of nightlife in terms of pubs and discos have made individuals passionate about live performances by musicians, bands, and DJs.”

According to the report, one driver in market is wireless streaming of audio contents. One of the major factors driving the sales of wireless outdoor loudspeakers globally is the ability to easily stream audio contents wirelessly. Wireless speakers consume lesser space than home theaters and do not require wiring. Outdoor loudspeakers come in various sizes and design to suit customers’ requirements. Most of the portable devices such as laptops, smartphones, and tablets are equipped with Wi-Fi and Bluetooth connectivity, which help them stream contents wirelessly. Therefore, the ability of outdoor loudspeakers to stream audio contents wirelessly and easily is one of the major drivers of the market.

Further, the report states that one challenges in market is technological challenges. To pair with the Bluetooth-enabled outdoor loudspeakers, users must keep the Bluetooth of their mobile devices in switch on mode. Keeping the Bluetooth in switch on mode for long hours drain the battery of devices. Even though there are vendors, such as Bose and Yamaha, who offer small-sized Bluetooth speakers without compromising the sound quality but are priced in a range of $200-$230. This is expensive for a large number of individuals. Manufacturers are trying to increase the power of the Bluetooth-enabled outdoor loudspeaker to meet the expectations of users.

Companies Mentioned

Bose, DEI Holdings, HARMAN International, VOXX international, Yamaha, Atlantic Technology, Bowers & Wilkins, Cambridge SoundWorks, Electro-Voice, JBL, KEF, Koninklijke Philips, Logitech, Panasonic, Pioneer, Pyle, RCF, Sennheiser Electronic, and Shure.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Table Global loudspeaker market: Overview
    • Market size and forecast
      • Table Global loudspeaker market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by location
    • Global loudspeaker market by location
      • Table Global loudspeaker market by location 2016-2021 (revenue share)
    • Global loudspeaker market by in-wall speakers
      • Table Global loudspeaker market by in-wall speakers 2016-2021 ($ billions)
    • Global loudspeaker market by outdoor speakers
      • Table Global loudspeaker market by outdoor speakers 2016-2021 ($ billions)
  • Market segmentation by type
    • Global loudspeaker market by type
      • Table Global loudspeaker market by type 2016-2021 (revenue share)
    • Global loudspeaker market by subwoofer speakers
      • Table Global loudspeaker market by subwoofer speakers 2016-2021 ($ billions)
    • Global loudspeaker market by midrange speakers
      • Table Global loudspeaker market by midrange speakers 2016-2021 ($ billions)
    • Global loudspeaker market by high-frequency horns
      • Table Global loudspeaker market by high-frequency horns 2016-2021 ($ billions)
    • Global loudspeaker market by others
      • Table Other loudspeaker market size and forecast 2016-2021 ($ billions)
  • Geographical segmentation
    • Global loudspeaker market by geography
      • Table Global loudspeaker market by geography 2016-2021 (revenue share)
    • Loudspeaker market in Americas
      • Table Loudspeaker market in Americas 2016-2021 ($ billions)
    • Loudspeaker market in EMEA
      • Table Loudspeaker market in EMEA 2016-2021 ($ billions)
    • Loudspeaker market in APAC
      • Table Loudspeaker market in APAC 2016-2021 ($ billions)
  • Key leading country
    • Table Key leading country
    • Loudspeakers market in US
      • Table Loudspeakers market in US 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Rising number of live concerts and outdoor events
    • Growing adoption of online retail channels
    • Growing outsourcing for loudspeaker production
  • Vendor landscape
    • Competitive scenario
    • Key leading vendors
      • Table HARMAN International: Business segmentation
      • Table VOXX International: Brands
      • Table VOXX International: Business segmentation
      • Table Yamaha: Business segmentation
    • Other prominent vendors
      • Table Other prominent vendors
  • Explore Technavio

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