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Home Theatre Systems Global Market Report 2020

Home Theatre Systems
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Starting Price : $4000 | Pages : 150 | Published : January 2020 | SKU CODE : 7275 | Format :


Description Table Of Contents Tables & Figures Market Insights Related Reports

The home theatre systems market consists of sales of home theatre systems. A home theater system consists of a large television with video components and digital surrounding audio system set up at home. It gives an experience of watching a movie in small multiplex cinema screens.

The global home theatre systems market was worth $ 15.04 billion in 2019. It is expected to grow at a rate of about 19% and reach $29.74 billion by 2023.

The home theatre systems market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. Asia Pacific accounts for around 60% of the market.

The rise in disposable incomes was a major driver of the home theatre systems market. The rise in disposable incomes was mainly driven by economic growth and middle class population growth in developing countries such as China, India and Brazil. According to the World Bank, the world’s middle class population – defined as that earning between $10 and $100 per day – increased from approximately 1.5 to 2 billion between 2010 and 2015 . In 2017, China’s economy grew at 6.6% and India’s GDP grew at 7.2%.  The disposable personal income in India increased to $2,718.6 billion in 2018 from $2391.5 billion in 2017. Increased earnings greatly increased disposable incomes in the emerging markets, increasing the demand for home theatre systems market.

The changes in consumer lifestyles and preferences had a significant impact on the home theatre systems market. With increasing smartphone and internet penetration and advances in social media and digital technologies, consumers shifted from traditional television to new forms of entertainment such as online audio and video streaming services on mobile phones. Television viewership continued to decline, especially among the millennials. For example, as of 2017, young people in the UK were watching a third less television through traditional free-to-air channels such as the BBC and ITV than they did in 2010.  In 2016, the decline in TV viewership for young millennials (aged 18-24) in the US was 7.4% year-over-year and 40.1% over 5 years.  Changes in consumer preferences restricted the demand for ahome theatre systems.

Increasing adaption of cloud services is becoming popular in the home theater systems market. Cloud technology legally allow the customers to watch videos and music online. Video streaming platforms are adapting cloud technologies for providing better viewing experience. For example, earlier consumers used television for watching videos and now the customers are preferring access-based approach which allow them to subscribe to video libraries in the cloud. Therefore, companies in the home theatre systems market are manufacturing advanced systems that can be connected to internet to access the videos online.

In August 2018, Samsung Electronics Co., Ltd, a South Korean multinational electronics company entered collaboration agreement with Harman Kardon Inc. This collaboration helps Samsung Electronics Co., Ltd to further improve their audio quality and play a key role in growing their premium soundbar business. Harman-Kardon Inc., US-based company, manufactures wireless audio systems, portables, speakers, headphones, amplifiers, and accessories.

The major players in the global home theatre systems market are Bose Corporation, LG Electronics Inc, Panasonic Corporation, Sony Corporation, Samsung Group, Bowers & Wilkins, Atlantic Technology, Definitive Technology, GoldenEar Technology, and Yamaha Corporation.

The countries covered in the global home theatre systems market report are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia

The global home theatre systems market is segmented:
1) By Product : Home Theatre In A Box System (HTIB), Sound Bar, Component System
2) By Distribution Channel: Online, Offline
3) By Application: Household Use, Commercial Use

    1. Executive Summary

    2. Home Theatre Systems Market Characteristics

    3. Home Theatre Systems Market Size And Growth

    3.1. Global Home Theatre Systems Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Home Theatre Systems Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Home Theatre Systems Market Segmentation

    4.1. Global Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Home Theatre In A Box System (HTIB)

    Sound Bar

    Component System

    4.2. Global Home Theatre Systems Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Online

    Offline

    4.3. Global Home Theatre Systems Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Household Use

    Commercial Use

    5. Home Theatre Systems Market Regional And Country Analysis

    5.1. Global Home Theatre Systems Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Home Theatre Systems Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Home Theatre Systems Market  

    6.1. Asia-Pacific Home Theatre Systems Market Overview  

    6.2. Asia-Pacific Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Home Theatre Systems Market  

    7.1. China Home Theatre Systems Market Overview  

    7.2. China Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Home Theatre Systems Market  

    8.1. India Home Theatre Systems Market Overview  

    8.2. India Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Home Theatre Systems Market  

    9.1. Japan Home Theatre Systems Market Overview  

    9.2. Japan Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Home Theatre Systems Market  

    10.1. Australia Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Home Theatre Systems Market  

    11.1. Indonesia Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Home Theatre Systems Market  

    12.1. South Korea Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Home Theatre Systems Market  

    13.1. Western Europe Home Theatre Systems Market Overview

    13.2. Western Europe Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Home Theatre Systems Market  

    14.1. UK Home Theatre Systems Market Overview

    14.2. UK Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Home Theatre Systems Market  

    15.1. Germany Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Home Theatre Systems Market  

    16.3. France Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Home Theatre Systems Market  

    17.1. Eastern Europe Home Theatre Systems Market Overview

    17.2. Eastern Europe Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Home Theatre Systems Market  

    18.1. Russia Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Home Theatre Systems Market  

    19.1. North America Home Theatre Systems Market Overview

    19.2. North America Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Home Theatre Systems Market  

    20.1. USA Home Theatre Systems Market Overview

    20.2. USA Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Home Theatre Systems Market  

    21.1. South America Home Theatre Systems Market Overview

    21.2. South America Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Home Theatre Systems Market  

    22.1. Brazil Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Home Theatre Systems Market  

    23.1. Middle East Home Theatre Systems Market Overview

    23.2. Middle East Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Home Theatre Systems Market  

    24.1. Africa Home Theatre Systems Market Overview

    24.2. Africa Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Home Theatre Systems Market Competitive Landscape And Company Profiles

    25.1. Home Theatre Systems Market Competitive Landscape

    25.2. Home Theatre Systems Market Company Profiles

    25.2.1. Bose Corporation

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. LG Electronics Inc

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Panasonic Corporation

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Sony Corporation

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Samsung Group

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Home Theatre Systems Market

    27. Home Theatre Systems Market Trends And Strategies

    28. Home Theatre Systems Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Home Theatre Systems Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Home Theatre Systems Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Home Theatre Systems Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Global Home Theatre Systems Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: China, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: India, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Japan, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Australia, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: Indonesia, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: South Korea, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: Western Europe, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: UK, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: Germany, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: France, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: Russia, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: North America, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: USA, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: South America, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Brazil, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Middle East, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: Africa, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 27: Bose Corporation Financial Performance
  • Table 28: LG Electronics Inc Financial Performance
  • Table 29: Panasonic Corporation Financial Performance
  • Table 30: Sony Corporation Financial Performance
  • Table 31: Samsung Group Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Home Theatre Systems Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Home Theatre Systems Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Home Theatre Systems Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Global Home Theatre Systems Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: China, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: India, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Japan, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Australia, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: South Korea, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: UK, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: Germany, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: France, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: Russia, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: North America, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: USA, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: South America, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Brazil, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Middle East, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: Africa, Home Theatre Systems Market, Segmentation By Product , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 27: Bose Corporation Financial Performance
  • Figure 28: LG Electronics Inc Financial Performance
  • Figure 29: Panasonic Corporation Financial Performance
  • Figure 30: Sony Corporation Financial Performance
  • Figure 31: Samsung Group Financial Performance
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