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Home Theatre Systems Global Market Report 2023 – By Product (Home Theatre In A Box System (HTIB), Sound Bar, Component System),By Distribution Channel (Home Theatre In A Box System (HTIB), Sound Bar, Component System),By Application (Household Use, Commercial Use) – Market Size, Trends, And Global Forecast 2023-2032

Starting Price : $4000.00 | Pages : 175 | Published : January 2023 | SKU CODE : h1335 | Delivery Time: 2-3 business days | Format :


A home theater system is defined as an audio-video system for a home that consists of a large television with video components and a digital surround-sound audio system. It simulates watching a movie on small multiplex cinema screens.

The main products of the home theatre systems market are home theatre in a box system, soundbar, and component systems. A home theater in a box (HTIB) includes the A/V receiver and at least five speakers and a subwoofer. The distribution channels are online and offline. The various applications are household use and commercial use.

The home theatre systems market research report is one of a series of new reports from The Business Research Company that provides home theatre systems market statistics, including home theatre systems industry global market size, regional shares, competitors with a home theatre systems market share, detailed home theatre systems market segments, market trends and opportunities, and any further data you may need to thrive in the home theatre systems industry. This home theatre systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global home theatre systems market grew from $27.24 billion in 2022 to $32.48 billion in 2023 at a compound annual growth rate (CAGR) of 19.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The home theatre systems market is expected to grow from $66.16 billion in 2027 at a CAGR of 19.5%.

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 – The world’s Middle-Income Countries (MICs) are a diverse group by size, population, and income level with a GNI per capita between $1,036 and $4,045, and upper-middle-income economies with a GNI per capita between $4,046 and $12,535 (2021). Middle-income countries are home to 75% of the world’s population and 62% of the world’s poor. At. In 2021, India's economy has grown by 7.2 percent 2021. The growth rate in Per Capita Income in India is estimated at 4.3 percent during 2019-20, as against 5.6 percent in the previous year. Increased earnings greatly increased disposable incomes in the emerging markets, increasing the demand for the 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 2020, Young people are watching Netflix and YouTube. In 2021, YouTube brought in revenue of $6.01 billion in advertising revenue during the quarter up from $4 billion from the previous year, for a growth rate of 49%. That’s an acceleration over its 46% growth in Q4. It’s also nearly twice the growth rate of Netflix, which reported 24% revenue growth in Q1. Changes in consumer preferences restricted the demand for home theatre systems.

Increasing adaption of cloud services is becoming popular in the home theater systems market. Cloud technology legally allows customers to watch videos and music online. Video streaming platforms are adapting cloud technologies for providing a better viewing experience. For example, earlier consumers used television for watching videos, and now the customers are preferring an access-based approach that allows 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 the internet to access the videos online.

In October 2020, Sound United, a New Jersey-based consumer electronics company acquired Bowers & Wilkins for an undisclosed amount. This acquisition is for combining organizations and becoming a part of the industry’s strongest portfolio of premium audio brands. Bowers & Wilkins British company that is producing consumer and professional loudspeakers and headphones.

Major players in the 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.

Asia-Pacific was the largest region in the home theatre systems market in 2022. The regions covered in the global home theatre systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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

The home theatre systems market consists of sales of sound bars, home theatre in a box system (HTIB), and other home theater systems. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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

    Table Of Contents

    1. Executive Summary

    2. Home Theatre Systems Market Characteristics

    3. Home Theatre Systems Market – Macro Economic Scenario

    3.1 COVID-19 Impact On Home Theatre Systems Market

    3.2 Ukraine-Russia War Impact On Home Theatre Systems Market

    3.3 Impact Of High Inflation On Home Theatre Systems Market

    4. Home Theatre Systems Market Size And Growth

    4.1. Global Home Theatre Systems Historic Market, 2017 - 2022, $ Billion

    4.1.1. Drivers Of The Market

    4.1.2. Restraints On The Market

    4.2. Global Home Theatre Systems Forecast Market, 2022 - 2027F, 2032F, $ Billion

    4.2.1. Drivers Of The Market

    4.2.2. Restraints On the Market

    5. Home Theatre Systems Market Segmentation

    5.1. Global Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Home Theatre In A Box System (HTIB)

    Sound Bar

    Component System

    5.2. Global Home Theatre Systems Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Online

    Offline

    5.3. Global Home Theatre Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Household Use

    Commercial Use

    6. Home Theatre Systems Market Regional And Country Analysis

    6.1. Global Home Theatre Systems Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    6.2. Global Home Theatre Systems Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    7. Asia-Pacific Home Theatre Systems Market

    7.1. Asia-Pacific Home Theatre Systems Market Overview

    7.2. Asia-Pacific Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    8. China Home Theatre Systems Market

    8.1. China Home Theatre Systems Market Overview

    8.2. China Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion

    9. India Home Theatre Systems Market

    9.1. India Home Theatre Systems Market Overview

    9.2. India Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    10. Japan Home Theatre Systems Market

    10.1. Japan Home Theatre Systems Market Overview

    10.2. Japan Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    11. Australia Home Theatre Systems Market

    11.1. Australia Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    12. Indonesia Home Theatre Systems Market

    12.1. Indonesia Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    13. South Korea Home Theatre Systems Market

    13.1. South Korea Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    14. Western Europe Home Theatre Systems Market

    14.1. Western Europe Home Theatre Systems Market Overview

    14.2. Western Europe Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    15. UK Home Theatre Systems Market

    15.1. UK Home Theatre Systems Market Overview

    15.2. UK Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    16. Germany Home Theatre Systems Market

    16.1. Germany Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    17. France Home Theatre Systems Market

    17.3. France Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    18. Eastern Europe Home Theatre Systems Market

    18.1. Eastern Europe Home Theatre Systems Market Overview

    18.2. Eastern Europe Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    19. Russia Home Theatre Systems Market

    19.1. Russia Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    20. North America Home Theatre Systems Market

    20.1. North America Home Theatre Systems Market Overview

    20.2. North America Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    21. USA Home Theatre Systems Market

    21.1. USA Home Theatre Systems Market Overview

    21.2. USA Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    22. South America Home Theatre Systems Market

    22.1. South America Home Theatre Systems Market Overview

    22.2. South America Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    23. Brazil Home Theatre Systems Market

    23.1. Brazil Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    24. Middle East Home Theatre Systems Market

    24.1. Middle East Home Theatre Systems Market Overview

    24.2. Middle East Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    25. Africa Home Theatre Systems Market

    25.1. Africa Home Theatre Systems Market Overview

    25.2. Africa Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    26. Home Theatre Systems Market Competitive Landscape And Company Profiles

    26.1. Home Theatre Systems Market Competitive Landscape

    26.2. Home Theatre Systems Market Company Profiles

    26.2.1. Bose Corporation

    26.2.1.1. Overview

    26.2.1.2. Products and Services

    26.2.1.3. Strategy

    26.2.1.4. Financial Performance

    26.2.2. LG Electronics Inc

    26.2.2.1. Overview

    26.2.2.2. Products and Services

    26.2.2.3. Strategy

    26.2.2.4. Financial Performance

    26.2.3. Panasonic Corporation

    26.2.3.1. Overview

    26.2.3.2. Products and Services

    26.2.3.3. Strategy

    26.2.3.4. Financial Performance

    26.2.4. Sony Corporation

    26.2.4.1. Overview

    26.2.4.2. Products and Services

    26.2.4.3. Strategy

    26.2.4.4. Financial Performance

    26.2.5. Samsung Group

    26.2.5.1. Overview

    26.2.5.2. Products and Services

    26.2.5.3. Strategy

    26.2.5.4. Financial Performance

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

    28. Home Theatre Systems Market Trends And Strategies

    29. Home Theatre Systems Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Table 3: Global Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 4: Global Home Theatre Systems Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 5: Global Home Theatre Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 6: Global Home Theatre Systems Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 7: Global Home Theatre Systems Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 9: China, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 10: India, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 11: Japan, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 12: Australia, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 13: Indonesia, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 14: South Korea, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 15: Western Europe, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 16: UK, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 17: Germany, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 18: France, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 20: Russia, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 21: North America, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 22: USA, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 23: South America, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 24: Brazil, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 25: Middle East, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 26: Africa, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ 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, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 3: Global Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 4: Global Home Theatre Systems Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 5: Global Home Theatre Systems Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 6: Global Home Theatre Systems Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 7: Global Home Theatre Systems Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 9: China, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 10: India, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 11: Japan, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 12: Australia, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 14: South Korea, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 16: UK, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 17: Germany, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 18: France, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 20: Russia, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 21: North America, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 22: USA, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 23: South America, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 24: Brazil, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 25: Middle East, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 26: Africa, Home Theatre Systems Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2027F, 2032F, $ 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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