Audio Equipment Global Market Report 2018

Audio Equipment Global Market Report 2018
Starting Price : $ 4000.00 | Pages : 125 | Published : February 2018

SKU CODE : 3094 | Format :

The audio equipment manufacturing comprises establishments producing electronic audio equipment for home entertainment, musical instrument amplification, motor vehicles, and public address systems. Audio equipment products include televisions, speaker systems, video cassette recorders, stereo equipment, jukeboxes, and amplifiers for musical instruments and public address systems.

The global audio equipment market was valued at $207.5 billion in 2017. Asia Pacific was the largest geographic region accounting for $127.86 billion or 61.62% of the global market. And China was the largest country accounting for $77.52 billion or 37.36% of the global audio equipment market.

Smart speakers are in high demand due to its interactive capabilities. These are wireless systems with voice command control and interface to service platforms as part of the “Internet of Things” (IoT) connectivity network. Companies like Apple, Google and Amazon are manufacturing the highest quality smart speakers.

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