DUBLIN--(BUSINESS WIRE)--Aug 12, 2019--

HI-FI System market worldwide is projected to grow by US$6.1 Billion, guided by a compounded growth of 5.8%.

Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments.

Speakers & Sound Bars, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$11 Billion by the year 2025, Speakers & Sound Bars will bring in healthy gains adding significant momentum to global growth.

While global megatrends sweeping through the market influence the primary direction of growth, regional markets are swayed by more granular locally unique business drivers. Representing the developed world, the United States will maintain a 5% growth momentum.

Within Europe, which continues to remain an important element in the world economy, Germany will add over US$237.5 Million to the region's size and clout in the next 5 to 6 years. Over US$645.1 Million worth of projected demand in the region will come from other emerging Eastern European markets.

In Japan, Speakers & Sound Bars will reach a market size of US$654.1 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.3% over the next couple of years and add approximately US$1.6 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Competitors identified in this market include:

  • Bose Corporation (Japan)
  • Bowers & Wilkins (United Kingdom)
  • DEI Holdings Inc. (USA)
  • HARMAN International (USA)
  • Koninklijke Philips N.V. (The Netherlands)
  • LG Electronics Inc. (Korea)
  • Onkyo Corporation (Japan)
  • Panasonic Corporation (Japan)
  • Samsung Electronics Co. Ltd. (Korea)
  • Sony Corporation (Japan)
  • Tannoy Ltd. (United Kingdom)
  • Yamaha Corporation (Japan)

Key Topics Covered

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • HI-FI System Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Global Competitor Market Shares by Segment
  • Speakers & Sound Bars (Product) Global Competitor Market Share Positioning for 2019 & 2025
  • CD & DVD Players (Product) Market Share Breakdown of Key Players: 2019 & 2025
  • Blu-Ray Players (Product) Competitor Revenue Share (in %): 2019 & 2025
  • Wired (Connectivity) Market Share Shift by Company: 2019 & 2025
  • Wireless (Connectivity) Global Competitor Market Share Positioning for 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US HI-FI System Market Share (in %) by Company: 2019 & 2025
  • Speakers & Sound Bars (Product) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
  • CD & DVD Players (Product) Competitor Revenue Share (in %) in the US: 2019 & 2025
  • Blu-Ray Players (Product) Market Share Breakdown (in %) of Major Players in the US: 2019 & 2025
  • Wired (Connectivity) Market in the US: Percentage Breakdown of Revenues by Company for 2019 & 2025
  • Wireless (Connectivity) Competitor Market Share Breakdown (in %) in the US for 2019 & 2025

CANADA

JAPAN

CHINA

EUROPE

  • Market Facts & Figures
  • European HI-FI System Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Speakers & Sound Bars (Product) Market Share (in %) by Company in Europe: 2019 & 2025
  • CD & DVD Players (Product) Market Share (in %) of Major Players in Europe: 2019 & 2025
  • Blu-Ray Players (Product) Competitor Market Share Analysis (in %) in Europe: 2019 & 2025
  • Wired (Connectivity) Market in Europe: Competitor Revenue Share Shift (in %) for 2019 & 2025
  • Wireless (Connectivity) Competitor Market Share (in %) Positioning in Europe for 2019 & 2025

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/52dpxw

Laura Wood, Senior Press Manager

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY AUDIO/VIDEO CONSUMER ELECTRONICS

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 08/12/2019 08:22 AM/DISC: 08/12/2019 08:22 AM

Copyright Business Wire 2019.