Global home theater market is expected to grow at a significant CAGR of 8.04% during the period 2018-2022 as the scope and its applications are rising enormously across the globe. Home theater is also termed as “home cinema”.It is a video and audio device that emulates the movie theater experience at home. The factors that are playing a major role in the growth of market are the developing smart homes, the growing demand from the customers, the rising use of enhanced technology in home theater systems, and the economic development. However, the high cost of the system and the presence of the alternatives may restrain overall market growth in the years to come. Home theater market is segmented based on product type, application, and region. Soundbar and home theater speakers are the product types that could be explored in market in the forecast period. Home theater speakers sector accounted for the substantial market share and is estimated to lead the overall market in the years to come.The market couldbe categorized based on applications like the home audio system, home theater in-a-box (HTiB), and others that could be explored in the forecast period. The home audio system comprises mini disc players, MP3 players, cassette deck,compact audio systems, and CD/DVD players. Home theater market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa). Globally, North America may account for the substantial market share and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of key manufacturers in the region and the high demand for home theater system from the consumers. The United States and Canada are the major consumers of home theater in this region. Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period.The key players of home theater market are SONY, Bose, Samsung, LG Electronics, and Panasonic. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition. About Home Theater A home theater is a digital surrounding audio system built in a home. It is designed to mimic (or exceed) a commercial theater performance and experience, commonly known as a home cinema. Various devices are used to provide this user-experience. For this report, we have only considered home theater speakers and sound bars as a part of the global market. Technavio's analysts forecast the global home theater market to grow at a CAGR of 8.04% during the period 2018-2022. Covered in this report The report covers the present scenario and the growth prospects of the global home theater market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The market is divided into the following segments based on geography: • Americas • APAC • EMEA Technavio's report, Global Home Theater Market 2018-2022, 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 • LG Electronics • Panasonic • SAMSUNG • SONY Market driver • Growth of smart homes • For a full, detailed list, view our report Market challenge • High cost of home theater systems • For a full, detailed list, view our report Market trend • Demand for customized home theater systems • For a full, detailed list, view our report Key questions answered in this report • What will the market size be in 2022 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? You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Table of Contents PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT PART 03: RESEARCH METHODOLOGY PART 04: MARKET LANDSCAPE • Market ecosystem • Market characteristics • Market segmentation analysis PART 05: MARKET SIZING • Market definition • Market sizing 2017 • Market size and forecast 2017-2022 PART 06: FIVE FORCES ANALYSIS • Bargaining power of buyers • Bargaining power of suppliers • Threat of new entrants • Threat of substitutes • Threat of rivalry • Market condition PART 07: MARKET SEGMENTATION BY PRODUCT TYPE • Segmentation by product type • Comparison by product type • Home theater speakers - Market size and forecast 2017-2022 • Sound bars - Market size and forecast 2017-2022 • Market opportunity by product type PART 08: CUSTOMER LANDSCAPE PART 09: REGIONAL LANDSCAPE • Geographical segmentation • Regional comparison • Americas - Market size and forecast 2017-2022 • APAC - Market size and forecast 2017-2022 • EMEA - Market size and forecast 2017-2022 • Key leading countries • Market opportunity PART 10: DECISION FRAMEWORK PART 11: DRIVERS AND CHALLENGES • Market drivers • Market challenges • MARKET TRENDS • Demand for customized home theater systems • Growing adoption of cloud services • Increasing demand for 4K content PART 12: VENDOR LANDSCAPE • Overview • Landscape disruption • Competitive scenario PART 13: VENDOR ANALYSIS • Vendors covered • Vendor classification • Market positioning of vendors • Bose • LG Electronics • Panasonic • SAMSUNG • SONY PART 14: APPENDIX • List of abbreviations List of Exhibits Exhibit 01: Parent market Exhibit 02: Global consumer electronics market Exhibit 03: Market characteristics Exhibit 04: Market segments Exhibit 05: Market definition - Inclusions and exclusions checklist Exhibit 06: Market size 2017 Exhibit 07: Validation techniques employed for market sizing 2017 Exhibit 08: Global - Market size and forecast 2017-2022 ($ bn) Exhibit 09: Global - Year-over-year growth 2018-2022 (%) Exhibit 10: Five forces analysis 2017 Exhibit 11: Five forces analysis 2022 Exhibit 12: Bargaining power of buyers Exhibit 13: Bargaining power of suppliers Exhibit 14: Threat of new entrants Exhibit 15: Threat of substitutes Exhibit 16: Threat of rivalry Exhibit 17: Market condition - Five forces 2017 Exhibit 18: Product type - Market share 2017-2022 (%) Exhibit 19: Comparison by product type Exhibit 20: Home theater speakers - Market size and forecast 2017-2022 ($ bn) Exhibit 21: Home theater speakers - Year-over-year growth 2018-2022 (%) Exhibit 22: Sound bars - Market size and forecast 2017-2022 ($ bn) Exhibit 23: Sound bars - Year-over-year growth 2018-2022 (%) Exhibit 24: Market opportunity by product type Exhibit 25: Customer landscape Exhibit 26: Global - Market share by geography 2017-2022 (%) Exhibit 27: Regional comparison Exhibit 28: Americas - Market size and forecast 2017-2022 ($ bn) Exhibit 29: Americas - Year-over-year growth 2018-2022 (%) Exhibit 30: APAC - Market size and forecast 2017-2022 ($ bn) Exhibit 31: APAC - Year-over-year growth 2018-2022 (%) Exhibit 32: EMEA - Market size and forecast 2017-2022 ($ bn) Exhibit 33: EMEA - Year-over-year growth 2018-2022 (%) Exhibit 34: Key leading countries Exhibit 35: Market opportunity Exhibit 36: Market opportunity Exhibit 37: Cost comparison of product offerings Exhibit 38: Vendor landscape Exhibit 39: Landscape disruption Exhibit 40: Vendors covered Exhibit 41: Vendor classification Exhibit 42: Market positioning of vendors Exhibit 43: Bose - Overview Exhibit 44: Bose - Business segments Exhibit 45: Bose - Organizational developments Exhibit 46: Bose - Geographic focus Exhibit 47: Bose - Key offerings Exhibit 48: LG Electronics - Vendor overview Exhibit 49: LG Electronics - Business segments Exhibit 50: LG Electronics - Organizational developments Exhibit 51: LG Electronics - Geographical focus Exhibit 52: LG Electronics - Segment focus Exhibit 53: LG Electronics - Key offerings Exhibit 54: Panasonic - Vendor overview Exhibit 55: Panasonic - Business segments Exhibit 56: Panasonic - Organizational developments Exhibit 57: Panasonic - Geographical focus Exhibit 58: Panasonic - Segment focus Exhibit 59: Panasonic - Key offerings Exhibit 60: SAMSUNG - Overview Exhibit 61: SAMSUNG - Business segments Exhibit 62: SAMSUNG - Organizational developments Exhibit 63: SAMSUNG - Geographic focus Exhibit 64: SAMSUNG - Segment focus Exhibit 65: SAMSUNG - Key offerings Exhibit 66: SONY - Overview Exhibit 67: SONY - Business segments Exhibit 68: SONY - Organizational developments Exhibit 69: SONY - Geographic focus Exhibit 70: SONY - Segment focus Exhibit 71: SONY - Key offerings
Our library has over 100000 reports on 1000s of topics
Over 100+ Fortune 500 companies rely on us
90,000+ people come to us for insights every month
Toll Free: 1-888-928-9744
Email: [email protected]
Speak to the report author to design an exclusive study to serve your research needs.
A testimonial for service excellence represented in the form of BBB "A" Accreditation.
Your personal and confidential information is safe and secure.