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Published: Aug, 2019 | Pages:
80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
The global home theatre market size is expected to reach USD 13.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.3% over the forecast period. Growing demand for audio systems equipped with wireless technologies including Bluetooth and Wi-Fi, which offer consumer convenience, is expected to be a key driving factor. Additionally, capability of the product to connect with portable devices, such as smartphones, tablets, and laptops, has played a crucial role in promoting the market scope. In addition, surge in the number of smart homes at the global level due to rising purchasing power of the consumers has been accelerating the demand for the product. In terms of product, the home theatre in a box system (HTIB) segment dominated the market with over 65.0% share of the total revenue. HTIB is an all-in-one package that includes Blu-ray/DVD/CD player, sound speakers, amplifier, remote control, wiring, and radio tuner. This product ranges from 2.1 channel to 9.1 channel with different price points. As a result, consumers prefer this product as it is capable to create a cinematic environment at home. Offline channel dominated the home theatre market with exceeding 80.0% share of the total revenue in 2018. However, increasing penetration of smartphones and surge in the number of internet users at the global level are expected to boost the online sales of the product in the near future. Over the past few years, e-commerce has gained remarkable traction owing to improved delivery process and availability of an extensive range of online payment platforms. As of 2018, North America led the market, accounting for over 40.0% share of the global revenue. High purchasing power, coupled with rising spending on the entertainment of the consumers, has boosted the market growth in this region. U.S. has a high penetration of home cinema system owners. The consumers have been demanding a high-quality audio system that facilitates internet streaming, which allows them to access TV shows and web series. Key competitors of this industry include Bose Corporation, LG Electronics Inc.; Panasonic Corporation; Sony Corporation; Samsung Group; Koninklijke Philips N.V.; Bowers & Wilkins; Atlantic Technology, Inc.; Definitive Technology; GoldenEar Technology; Yamaha Corporation; and Pioneer Corporation. For instance, in January 2019, LG Electronics Inc. has introduced three new sound bars: SL10YG, SL9YG, and SL8YG. The company has collaborated with Meridian Audio to deliver superior sound quality. All three models are featured with Dolby Atmos and DTS:X that provide multidirectional sound. Furthermore, they have built-in voice recognition (Google Assistant) technology and AI smart connectivity. Further key findings from the report suggest: • By product, home theatre in a box system led the market in 2018 as it provides a superior cinematic experience to the consumers. Sound bar is expected to witness the fastest growth in the coming years due to less space consumption and easy installation features • The offline segment led the home theatre market in 2018, accounting for more than 80.0% share of the global revenue.The online distribution channel is expected to register the fastest CAGR of 8.8% from 2019 to 2025 • Asia Pacific is projected to expand at the fastest CAGR of 9.2% from 2019 to 2025.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Home Theatre Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Home theatre Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Home Theatre Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2018 & 2025
5.2. HTIB
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Sound Bar
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.4. Component System
5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Home Theatre Market: Distribution Channel Estimates & Trend Analysis
6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
6.2. Offline
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. Online
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Home Theatre Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2018 & 2025
7.2. North America
7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.3.4. Germany
7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.3.5. U.K.
7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.4.5. India
7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.4.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.5.4. Brazil
7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.5.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.5.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.6. Middle East & Africa (MEA)
7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.6.4. UAE
7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.6.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.6.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
9.1. Bose Corporation
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. LG Electronics Inc.
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. Panasonic Corporation
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Sony Corporation
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Samsung Group
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Koninklijke Philips N.V.
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Bowers & Wilkins
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Atlantic Technology, Inc.
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Definitive Technology
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. GoldenEar Technology
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
9.11. Yamaha Corporation
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Strategic Initiatives
9.12. Pioneer Corporation
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Strategic Initiatives
List of Tables 1. Home theatre - Key market driver analysis 2. Home theatre - Key market restraint analysis 3. Global HTIB market estimates and forecast, 2015 - 2025 (USD Million) 4. Global sound bar market estimates and forecast, 2015 - 2025 (USD Million) 5. Global component system market estimates and forecast, 2015 - 2025 (USD Million) 6. Global home theatre market estimates and forecast through offline, 2015 - 2025 (USD Million) 7. Global home theatre market estimates and forecast through online, 2015 - 2025 (USD Million) 8. North America home theatre market estimates and forecast, 2015 - 2025 (USD Million) 9. North America home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 10. North America home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 11. U.S. home theatre market estimates and forecast, 2015 - 2025 (USD Million) 12. U.S. home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 13. U.S. home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 14. Europe home theatre market estimates and forecast, 2015 - 2025 (USD Million) 15. Europe home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 16. Europe home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 17. Germany home theatre market estimates and forecast, 2015 - 2025 (USD Million) 18. Germany home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 19. Germany home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 20. U.K. home theatre market estimates and forecast, 2015 - 2025 (USD Million) 21. U.K. home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 22. U.K. home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 23. Asia Pacific home theatre market estimates and forecast, 2015 - 2025 (USD Million) 24. Asia Pacific home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 25. Asia Pacific home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 26. China home theatre market estimates and forecast, 2015 - 2025 (USD Million) 27. China home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 28. China home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 29. India home theatre market estimates and forecast, 2015 - 2025 (USD Million) 30. India home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 31. India home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 32. Central & South America home theatre market estimates and forecast, 2015 - 2025 (USD Million) 33. Central & South America home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 34. Central & South America home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 35. Brazil home theatre market estimates and forecast, 2015 - 2025 (USD Million) 36. Brazil home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 37. Brazil home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 38. MEA home theatre market estimates and forecast, 20145- 2025 (USD Million) 39. MEA home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 40. MEA home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 41. UAE home theatre market estimates and forecast, 20145- 2025 (USD Million) 42. UAE home theatre market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 43. UAE home theatre market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 44. Vendor landscape
List of Figures 1. Home theatre market snapshot 2. Home theatre market segmentation & scope 3. Home theatre market penetration & growth prospect mapping 4. Home theatre market chain analysis 5. Home theatre market dynamics 6. Home theatre market Porter's analysis 7. Home theatre market: Product movement analysis 8. Home theatre market: Distribution Channel movement analysis 9. Home theatre market: Regional movement analysis
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