Home Theatre Market Size, Statistics, Trend Analysis and Forecast Report, 2020 - 2027

Home Theatre Market is segmented by Component (Sound & Display Systems, Storage Devices, Media Players), Audio Type (Home Theatre in a Box System, Sound Bar, Component Systems) and Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa, Rest of World)

  • Report ID : MD1662
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  • Pages : 200
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  • Tables : 88
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  • Formats :

Home Theatre Market size was estimated at $1.9 Million in 2019 and is expected to reach $5.2 Million by 2027, growing at a CAGR of 15.7% during the forecast period of 2020 to 2027.

home theatre market

 

Home Theatre Market Growth Factors


Home Theatre Market Segmentation


Home Theatre Market Country Analysis


Home Theatre Market Share and Competition


Key companies operating in this industry are: Bose Corporation (U.S.), LG Electronics (South Korea), Panasonic Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Sony Corporation (Japan), Akai Electronics (Japan), Koninklijke Philips N.V., (Netherlands), Bowers & Wilkins (U.K.), Atlantic Technology (U.S.), Toshiba Corporation (Japan).

Report Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown
Component Analysis (Revenue, USD Million, 2020 - 2027)
• Sound & Display Systems
• Storage Devices
• Media Players
• Others
Audio Type Analysis (Revenue, USD Million, 2020 - 2027)
• Home Theatre in a Box System
• Sound Bar
• Component Systems
• Component Separate

Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World

Home Theatre Market Companies:
• Bose Corporation (U.S.)
• LG Electronics (South Korea)
• Panasonic Corporation (Japan)
• Samsung Electronics Co., Ltd (South Korea)
• Sony Corporation (Japan)
• Akai Electronics (Japan)
• Koninklijke Philips N.V
• (Netherlands)
• Bowers & Wilkins (U.K.)
• Atlantic Technology (U.S.)
• Toshiba Corporation (Japan)

Available Versions:-
United States Home Theatre Market Industry Research Report
Europe Home Theatre Market Industry Research Report
Asia Pacific Home Theatre Market Industry Research Report

Home theatre is a digital surrounding that consists of an audio and video setup in our homes. Home theatres imitate the concepts of home cinemas. To provide the best user experience, many devices assist the home-theatre. A good home theatre can provide a more captivating experience than many of the small cinemas out there.

In recent years, the demand for home theatre systems has increased significantly. Major factors for this increase in demand include the growing income of population around the world and their urge to spend on entertainment. Ever since COVID-19 has taken over the world, everyone has no choice but to stay home. This has driven them to spend more on entertainment solutions at home, like home theatres as they can’t find entertainment outdoors now. People now like to socialize at home with their friends and families, as the prices of movie tickets have started to increase dramatically too. There have been continuous advancements in the equipment that assists the home theatres. With appealing features like HD playback, various channels, large screens with high resolution and dynamic sound effects, one cannot help but be enticed to invest in a home theatre. If companies continue to provide the best user-experience with more astonishing features, the opportunities for this market will keep on increasing. But on the other hand, some factors can also contribute to its downfall in the market. If a company makes average home theatres, similar to a normal television experience, with low-quality features, people would not want to invest in it and would rather go to cinemas. 


South Korea’s giant tech company, LG Electronics, launched its new high definition LED signage that is mobile and can easily be installed almost anywhere just like LEGO blocks. Executive Director at LG, Baek Ki -Moon, announced that the company will set a new standard in the LED market with its new LSAA series.

Bose Corporation, a high-end electronics provider, is shutting down its AR program ‘FRAMES’, also known as World First Audio AR platform, after 18 months of its launch on 16 June 2020. A Bose spokesperson said,” Bose AR didn’t become what we envisioned”.

Sony Corporation launches Gen3 PetaSite Optical Disk Archive technology on 3 June 2020. On this account, Pro Division president at Soy Electronics, Theresa Alesso said, “Sonys latest generation of optical drive technology addresses many issues with long-term storage, particularly with respect to its total cost of ownership.”

Motorola, best known for its smartphones and smart TVs, is increasing its product launches in India. The company has launched three new techs in India named ‘AmphisoundX Dolby Wireless160W Bluetooth Soundbar’, ‘AmphisoundX 150W Home Theatre’ and ‘AmphisoundX 80W Home Theatre’

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