The Loudspeakers Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of loudspeakers has been witnessing a steady increase. It was projected that the market would rise from $7.81 billion in 2024 to $8.19 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%. The historical growth trend in the Loudspeakers Global Market Report 2025 market has been positive.
The loudspeakers global market is forecasted to reach a size of $10.35 billion by the year 2029, growing at a compound annual growth rate (CAGR) of 6.0%.
Download Your Free Sample of the 2025 Loudspeakers Market Report and Uncover Key Trends Now!The key drivers in the loudspeakers market are:
• Rising consumer expenditure on entertainment
• Growing penetration of wi-fi enabled loudspeakers
• Advancements and development in smart cities
• Introduction and adoption of new technological innovations in loudspeakers
The loudspeakers market covered in this report is segmented –
1) By Product: Soundbar, Subwoofers, In-wall, Outdoor
2) By Type Of Enclosure: Single Mounted, Multiple Mounted, Not Mounted
3) By End User: Household, Commercial, Other End Users
The key trends in the loudspeakers market are:
• The trend towards wireless loudspeakers is on the rise.
• The adoption of new technological innovations is a prominent trend in the market.
• Eco-friendly speakers are emerging as a trend for sustainable growth.
• There is a focused trend on incorporating 360-degree audio into loudspeakers.
Major companies in the loudspeakers market are:
• Bose Corporation
• Harman International Industries
• Altec Lansing
• Bowers & Wilkins
• Voxx International
• Focal
• Dynaudio
• KEF
• QSC
• Sony Corporation
• Osborn Loudspeakers
• Karri Acoustic
• VAF Research
• Whatmough
• Lenehan Audio
• Redgum Audio
• Duntech
• Jinyoung G&T
• Pantos Logistics Co., Ltd.
• Bum Jin C & L Co., Ltd.
• Euroline Co., Ltd.
• J P Products Co., Ltd.
• Imoss Corporation
• Edifer
• Guangzhou Hongxiang Audio Equipment Co.
• Enping Macadn Electronic Technology Co. Ltd
• Sanway Audio Equipment
• ZHIYA Audio Equipment Co., Ltd.
• Noise
• BoAt
• pTron
• Hammer
• Ambrane
• Clarion
• Yamaha
• Onkyo
• Sansui
• Denon
• Sharp
• TOA Corporation
• Zound Industries
• Sennheiser
• ELAC
• Tannoy
• ATC
• Mission
• Wharfedale
• PMC
• Fyne Audio
• Q Acoustics
• Aris Audio
• Reezoldini
• Xavian
• Sonos, Inc.
• Apple, Inc.
• LG Electronics
• DEI Holdings, Inc.
• JBL
• Quested
• Grado Labs
• Klipsch
• Mark Levinson Audio Systems
• Master & Dynamic
• Mcintosh
• Rockford Fosgate
• Samsung
• Vizio Inc.
• L.G.
• Sound United
• Panasonic
• Philips
• JVC
• Logitech
• ILive
• Edifier
• Martin Logan
• Taligare
• Numark
• Eurolive
• Pioneer
• Behringer
• Hisense
• TCL
• Leap Technologies FZC
• SMARTECH AV
• Morel HiFi
• Eminence Speaker
• KCS Speakers
Asia-Pacific was the largest region in the loudspeakers market share in 2024